VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER
DGLD
DGLD was delisted on the 2nd of July, 2020.
5 hedge funds and large institutions have $9.96M invested in VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 4 closing their positions.
23% more capital invested
Capital invested by funds: $8.08M → $9.96M (+$1.88M)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
17% less funds holding
Funds holding: 6 → 5 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$3.15M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$982K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$102K |
| 4 |
HR
Howe & Rusling
Rochester,
New York
|
+$1.98K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.87M |
| 2 |
Jane Street
New York
|
-$907K |
| 3 |
Renaissance Technologies
New York
|
-$520K |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
-$132K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $5.5M | -$5.87M | -193,000 | Closed |
|
|
2
IMC Chicago
Chicago,
Illinois
| $2.95M | +$3.15M | +103,352 | New |
|
|
FTUS
3
Flow Traders U.S.
New York
| $1.11M | +$982K | +32,266 | +494% |
|
|
XS
4
XR Securities
Chicago,
Illinois
| $314K | -$132K | -4,322 | -28% |
|
|
5
UBS Group
Zurich,
Switzerland
| $95K | +$102K | +3,346 | New |
|
|
HR
6
Howe & Rusling
Rochester,
New York
| $2K | +$1.98K | +65 | New |
|
|
7
Jane Street
New York
| – | -$907K | -29,289 | Closed |
|
|
8
Renaissance Technologies
New York
| – | -$520K | -16,801 | Closed |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| – | -$1K | -34 | Closed |
|
DGLD Hedge Fund Activity: Q4 2019 in Review
5 of the 5,075 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 Q4 2019, worth a combined $9.96M — up 23% from $8.08M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DGLD and 3 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 1 added.
The largest buyer was IMC Chicago, opening a new position worth an estimated $3.15M. The largest seller was Credit Suisse, exiting entirely with an estimated $5.87M sold.
- 5 institutional investors held VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD) as of Q4 2019, down from 6 in Q3 2019.
- Funds reported $9.96M of VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER stock for Q4 2019, up 23% quarter-over-quarter.
- 3 funds opened new VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER positions in Q4 2019 and 4 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 Q4 2019 was IMC Chicago, an estimated $3.15M added.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER seller in Q4 2019 was Credit Suisse, an estimated $5.87M sold.
Based on aggregated 13F filings for Q4 2019.