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 $8.08M invested in VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
0% more funds holding
Funds holding: 6 → 6 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
14% less capital invested
Capital invested by funds: $9.43M → $8.08M (-$1.35M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$608K |
| 2 |
XS
XR Securities
Chicago,
Illinois
|
+$480K |
| 3 |
Renaissance Technologies
New York
|
+$216K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.06K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.44M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$181K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $5.97M | – | – | – |
|
|
2
Jane Street
New York
| $907K | +$608K | +19,441 | +197% |
|
|
3
Renaissance Technologies
New York
| $520K | +$216K | +6,901 | +70% |
|
|
XS
4
XR Securities
Chicago,
Illinois
| $475K | +$480K | +15,355 | New |
|
|
FTUS
5
Flow Traders U.S.
New York
| $202K | -$181K | -5,794 | -47% |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $1K | +$1.06K | +34 | New |
|
|
VF
7
Virtu Financial
New York
| – | -$1.44M | -40,652 | Closed |
|
DGLD Hedge Fund Activity: Q3 2019 in Review
6 of the 4,560 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 Q3 2019, worth a combined $8.08M — down 14% from $9.43M a quarter earlier.
Fund positioning in DGLD was balanced in Q3 2019: 2 funds opened new positions, 2 closed out, 2 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, adding an estimated $608K. The largest seller was Virtu Financial, exiting entirely with an estimated $1.44M sold.
- 6 institutional investors held VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $8.08M of VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER stock for Q3 2019, down 14% quarter-over-quarter.
- 2 funds opened new VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER positions in Q3 2019 and 2 closed out, a net change of 0 holders.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER buyer in Q3 2019 was Jane Street, an estimated $608K added.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER seller in Q3 2019 was Virtu Financial, an estimated $1.44M sold.
Based on aggregated 13F filings for Q3 2019.