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DGLD

VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER

Delisted

DGLD was delisted on the 2nd of July, 2020.

2 hedge funds and large institutions have $4.4M invested in VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER in 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% less capital invested

Capital invested by funds: $9.96M → $4.4M (-$5.57M)

60% less funds holding

Funds holding: 52 (-3)

75% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 4

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 1

Holders
2
Holders Change
-3
Holders Change %
-60%
% of All Funds
0.04%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
Reduced
1
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CS
1
Credit Suisse
Switzerland
$4.36M +$4.79M +193,000 New
UBS Group
2
UBS Group
Switzerland
$40K -$38.6K -1,555 -46%
IMC Chicago
3
IMC Chicago
Illinois
-$2.95M -103,352 Closed
FTUS
4
Flow Traders U.S.
New York
-$1.11M -38,793 Closed
XS
5
XR Securities
Illinois
-$314K -11,033 Closed
HR
6
Howe & Rusling
New York
-$2K -65 Closed

DGLD Hedge Fund Activity: Q1 2020 in Review

2 of the 4,538 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 Q1 2020, worth a combined $4.4M — down 56% from $9.96M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of DGLD and 1 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 0 added.

The largest buyer was Credit Suisse, opening a new position worth an estimated $4.79M. The largest seller was IMC Chicago, exiting entirely with an estimated $2.95M sold.

  • 2 institutional investors held VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD) as of Q1 2020, down from 5 in Q4 2019.
  • Funds reported $4.4M of VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER stock for Q1 2020, down 56% quarter-over-quarter.
  • 1 fund opened new VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER positions in Q1 2020 and 4 closed out, a net change of -3 holders.
  • The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER buyer in Q1 2020 was Credit Suisse, an estimated $4.79M added.
  • The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER seller in Q1 2020 was IMC Chicago, an estimated $2.95M sold.

Based on aggregated 13F filings for Q1 2020.