VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER
DGLD
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.
56% less capital invested
Capital invested by funds: $9.96M → $4.4M (-$5.57M)
60% less funds holding
Funds holding: 5 → 2 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$2.95M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$1.11M |
| 3 |
XS
XR Securities
Chicago,
Illinois
|
-$314K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$38.6K |
| 5 |
HR
Howe & Rusling
Rochester,
New York
|
-$2K |
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.