Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033
GLDI
8 hedge funds and large institutions have $6.6M invested in Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033 in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
288% more capital invested
Capital invested by funds: $1.7M → $6.6M (+$4.9M)
60% more funds holding
Funds holding: 5 → 8 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.37M |
| 2 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
+$752K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$155K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$30.4K |
| 5 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
+$13.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $5.17M | +$5.37M | +18,549 | New |
|
|
CA
2
Corrado Advisors
Ramsey,
New Jersey
| $993K | +$752K | +2,598 | +271% |
|
|
U
3
UBS
Zurich,
Switzerland
| $303K | +$155K | +534 | +96% |
|
4
Bank of Montreal
Toronto,
Ontario, Canada
| $49K | – | – | – |
|
|
BBPWM
5
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $31K | – | – | – |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $29K | +$30.4K | +105 | New |
|
|
MIM
7
Macroview Investment Management
Bethesda,
Maryland
| $14K | +$13.9K | +48 | New |
|
|
MSTVIM
8
Messner & Smith Theme Value Investment Management
San Diego,
California
| $8K | +$7.81K | +27 | New |
|
|
VF
9
Virtu Financial
New York
| – | -$1.21M | -4,372 | Closed |
|
GLDI Hedge Fund Activity: Q1 2014 in Review
8 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033 (GLDI) for Q1 2014, worth a combined $6.6M — up 288% from $1.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GLDI positions and 1 closed out — a net gain of 3 holders — while 2 added to existing stakes and 0 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $5.37M. The largest seller was Virtu Financial, exiting entirely with an estimated $1.21M sold.
- 8 institutional investors held Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033 (GLDI) as of Q1 2014, up from 5 in Q4 2013.
- Funds reported $6.6M of Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033 stock for Q1 2014, up 288% quarter-over-quarter.
- 4 funds opened new Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033 positions in Q1 2014 and 1 closed out, a net change of +3 holders.
- The largest Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033 buyer in Q1 2014 was Credit Suisse, an estimated $5.37M added.
- The largest Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033 seller in Q1 2014 was Virtu Financial, an estimated $1.21M sold.
Based on aggregated 13F filings for Q1 2014.