DB Gold Double Long ETN due February 15, 2038
DGP
12 hedge funds and large institutions have $26.5M invested in DB Gold Double Long ETN due February 15, 2038 in 2014 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
11% more capital invested
Capital invested by funds: $23.9M → $26.5M (+$2.6M)
1.13% more ownership
Funds ownership: 14.36% → 15.48% (+1.1%)
20% less funds holding
Funds holding: 15 → 12 (-3)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAM
Verity Asset Management
Durham,
North Carolina
|
-$1.04M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$397K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$82K |
| 4 |
AIG
American International Group
New York
|
-$28.5K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$6.25K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $21.7M | – | – | – |
|
|
VF
2
Virtu Financial
New York
| $3.95M | +$2.57M | +90,289 | +222% |
|
|
3
Stifel Financial
St. Louis,
Missouri
| $705K | -$6.25K | -219 | -0.9% |
|
|
AIG
4
American International Group
New York
| $46.7K | -$28.5K | -1,000 | -39% |
|
5
US Bancorp
Minneapolis,
Minnesota
| $44K | – | – | – |
|
6
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $9K | – | – | – |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $3K | -$1.2K | -42 | -30% |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | – | – | – |
|
|
MAS
9
Madden Advisory Services
Jacksonville,
Florida
| $3K | – | – | – |
|
10
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | – | – | – |
|
11
Creative Planning
Overland Park,
Kansas
| $1K | – | – | – |
|
|
VAM
12
Verity Asset Management
Durham,
North Carolina
| – | -$1.04M | -36,878 | Closed |
|
|
13
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$397K | -14,019 | Closed |
|
|
U
14
UBS
Zurich,
Switzerland
| – | -$82K | -2,900 | Closed |
|
DGP Hedge Fund Activity: Q2 2014 in Review
12 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in DB Gold Double Long ETN due February 15, 2038 (DGP) for Q2 2014, worth a combined $26.5M — up 11% from $23.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DGP and 0 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, adding an estimated $2.57M. The largest seller was Verity Asset Management, exiting entirely with an estimated $1.04M sold.
- 12 institutional investors held DB Gold Double Long ETN due February 15, 2038 (DGP) as of Q2 2014, down from 15 in Q1 2014.
- Funds reported $26.5M of DB Gold Double Long ETN due February 15, 2038 stock for Q2 2014, up 11% quarter-over-quarter.
- 0 funds opened new DB Gold Double Long ETN due February 15, 2038 positions in Q2 2014 and 3 closed out, a net change of -3 holders.
- The largest DB Gold Double Long ETN due February 15, 2038 buyer in Q2 2014 was Virtu Financial, an estimated $2.57M added.
- The largest DB Gold Double Long ETN due February 15, 2038 seller in Q2 2014 was Verity Asset Management, an estimated $1.04M sold.
Based on aggregated 13F filings for Q2 2014.