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 $7.55M invested in VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, increasing their positions, 1 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
200% more funds holding
Funds holding: 2 → 6 (+4)
72% more capital invested
Capital invested by funds: $4.4M → $7.55M (+$3.15M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.22M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$1.83M |
| 3 |
Millennium Management
New York
|
+$559K |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$430K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.29M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.48K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $2.89M | -$3.29M | -193,000 | Closed |
|
|
2
Jane Street
New York
| $1.95M | +$2.22M | +130,188 | New |
|
|
FTUS
3
Flow Traders U.S.
New York
| $1.6M | +$1.83M | +107,034 | New |
|
|
4
Millennium Management
New York
| $489K | +$559K | +32,758 | New |
|
|
5
IMC Chicago
Chicago,
Illinois
| $377K | +$430K | +25,199 | New |
|
|
6
Citadel Advisors
Miami,
Florida
| $220K | +$252K | +14,772 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $25K | -$1.48K | -87 | -5% |
|
DGLD Hedge Fund Activity: Q2 2020 in Review
6 of the 4,877 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 2020, worth a combined $7.55M — up 72% from $4.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DGLD positions and 1 closed out — a net gain of 4 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $2.22M. The largest seller was Credit Suisse, exiting entirely with an estimated $3.29M sold.
- 6 institutional investors held VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD) as of Q2 2020, up from 2 in Q1 2020.
- Funds reported $7.55M of VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER stock for Q2 2020, up 72% quarter-over-quarter.
- 5 funds opened new VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER positions in Q2 2020 and 1 closed out, a net change of +4 holders.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER buyer in Q2 2020 was Jane Street, an estimated $2.22M added.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER seller in Q2 2020 was Credit Suisse, an estimated $3.29M sold.
Based on aggregated 13F filings for Q2 2020.