DB Gold Double Long ETN due February 15, 2038
DGP
11 hedge funds and large institutions have $12.1M invested in DB Gold Double Long ETN due February 15, 2038 in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 4 closing their positions.
8% less funds holding
Funds holding: 12 → 11 (-1)
10.62% less ownership
Funds ownership: 20.4% → 9.78% (-11%)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
47% less capital invested
Capital invested by funds: $23M → $12.1M (-$10.9M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
+$14.8K |
| 2 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$12.3K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$5.05K |
| 4 |
RFA
Reilly Financial Advisors
La Mesa,
California
|
+$616 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$5.26M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$3.37M |
| 3 |
Jane Street
New York
|
-$2.08M |
| 4 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
-$1.62M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$82K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $10.8M | -$2.08M | -84,561 | -16% |
|
|
DAM
2
Doheny Asset Management
Los Angeles,
California
| $475K | – | – | – |
|
|
VF
3
Virtu Financial
New York
| $412K | -$5.26M | -213,562 | -93% |
|
4
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $180K | – | – | – |
|
5
Barclays
London,
United Kingdom
| $112K | – | – | – |
|
|
AG
6
Advisor Group
Phoenix,
Arizona
| $106K | +$5.05K | +205 | +5% |
|
|
IA
7
IFP Advisors
Tampa,
Florida
| $15K | +$14.8K | +600 | New |
|
|
GT
8
Glenmede Trust
Philadelphia,
Pennsylvania
| $12K | +$12.3K | +500 | New |
|
9
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $5K | – | – | – |
|
|
RFA
10
Reilly Financial Advisors
La Mesa,
California
| $1K | +$616 | +25 | New |
|
|
FTUS
11
Flow Traders U.S.
New York
| – | -$3.37M | -146,454 | Closed |
|
|
AIP
12
Almanack Investment Partners
Wayne,
Pennsylvania
| – | -$1.62M | -70,327 | Closed |
|
|
13
UBS Group
Zurich,
Switzerland
| – | -$82K | -3,572 | Closed |
|
14
Creative Planning
Overland Park,
Kansas
| – | -$1K | -40 | Closed |
|
DGP Hedge Fund Activity: Q3 2017 in Review
11 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in DB Gold Double Long ETN due February 15, 2038 (DGP) for Q3 2017, worth a combined $12.1M — down 47% from $23M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DGP and 3 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was IFP Advisors, opening a new position worth an estimated $14.8K. The largest seller was Virtu Financial, cutting an estimated $5.26M.
- 11 institutional investors held DB Gold Double Long ETN due February 15, 2038 (DGP) as of Q3 2017, down from 12 in Q2 2017.
- Funds reported $12.1M of DB Gold Double Long ETN due February 15, 2038 stock for Q3 2017, down 47% quarter-over-quarter.
- 3 funds opened new DB Gold Double Long ETN due February 15, 2038 positions in Q3 2017 and 4 closed out, a net change of -1 holder.
- The largest DB Gold Double Long ETN due February 15, 2038 buyer in Q3 2017 was IFP Advisors, an estimated $14.8K added.
- The largest DB Gold Double Long ETN due February 15, 2038 seller in Q3 2017 was Virtu Financial, an estimated $5.26M sold.
Based on aggregated 13F filings for Q3 2017.