VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER
DGLD
DGLD was delisted on the 2nd of July, 2020.
6 hedge funds and large institutions have $9.43M invested in VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 3 closing their positions.
14% less funds holding
Funds holding: 7 → 6 (-1)
17% less capital invested
Capital invested by funds: $11.4M → $9.43M (-$1.96M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$676K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$554K |
| 3 |
Renaissance Technologies
New York
|
+$445K |
| 4 |
Jane Street
New York
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XS
XR Securities
Chicago,
Illinois
|
-$704K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$135K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$116K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $6.85M | – | – | – |
|
|
VF
2
Virtu Financial
New York
| $1.44M | +$676K | +15,036 | +59% |
|
|
FTUS
3
Flow Traders U.S.
New York
| $437K | +$554K | +12,321 | New |
|
|
4
Renaissance Technologies
New York
| $351K | +$445K | +9,900 | New |
|
|
5
Jane Street
New York
| $350K | +$129K | +2,863 | +41% |
|
|
XS
6
XR Securities
Chicago,
Illinois
| – | -$704K | -15,210 | Closed |
|
|
7
UBS Group
Zurich,
Switzerland
| – | -$135K | -2,908 | Closed |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| – | -$116K | -2,511 | Closed |
|
DGLD Hedge Fund Activity: Q2 2019 in Review
6 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD) for Q2 2019, worth a combined $9.43M — down 17% from $11.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DGLD and 2 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 2 added.
The largest buyer was Virtu Financial, adding an estimated $676K. The largest seller was XR Securities, exiting entirely with an estimated $704K sold.
- 6 institutional investors held VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD) as of Q2 2019, down from 7 in Q1 2019.
- Funds reported $9.43M of VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER stock for Q2 2019, down 17% quarter-over-quarter.
- 2 funds opened new VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER positions in Q2 2019 and 3 closed out, a net change of -1 holder.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER buyer in Q2 2019 was Virtu Financial, an estimated $676K added.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER seller in Q2 2019 was XR Securities, an estimated $704K sold.
Based on aggregated 13F filings for Q2 2019.