Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033
GLDI
9 hedge funds and large institutions have $6M invested in Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033 in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
13% more funds holding
Funds holding: 8 → 9 (+1)
9% less capital invested
Capital invested by funds: $6.6M → $6M (-$605K)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $139K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.04M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$173K |
| 3 |
MSTVIM
Messner & Smith Theme Value Investment Management
San Diego,
California
|
+$163K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$78.4K |
| 5 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$21.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.06M |
| 2 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
-$993K |
| 3 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
-$8.31K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $4.09M | -$1.06M | -3,827 | -21% |
|
|
VF
2
Virtu Financial
New York
| $1.04M | +$1.04M | +3,752 | New |
|
|
U
3
UBS
Zurich,
Switzerland
| $381K | +$78.4K | +283 | +26% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $203K | +$173K | +624 | +594% |
|
|
MSTVIM
5
Messner & Smith Theme Value Investment Management
San Diego,
California
| $172K | +$163K | +590 | +2,185% |
|
6
Bank of Montreal
Toronto,
Ontario, Canada
| $49K | – | – | – |
|
|
BBPWM
7
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $31K | – | – | – |
|
|
BRWM
8
B. Riley Wealth Management
Memphis,
Tennessee
| $21K | +$21.6K | +78 | New |
|
|
MIM
9
Macroview Investment Management
Bethesda,
Maryland
| $5K | -$8.31K | -30 | -63% |
|
|
CA
10
Corrado Advisors
Ramsey,
New Jersey
| – | -$993K | -3,558 | Closed |
|
GLDI Hedge Fund Activity: Q2 2014 in Review
9 of the 3,479 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 Q2 2014, worth a combined $6M — down 9.2% from $6.6M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new GLDI positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $1.04M. The largest seller was Credit Suisse, cutting an estimated $1.06M.
- 9 institutional investors held Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033 (GLDI) as of Q2 2014, up from 8 in Q1 2014.
- Funds reported $6M of Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033 stock for Q2 2014, down 9.2% quarter-over-quarter.
- 2 funds opened new Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033 positions in Q2 2014 and 1 closed out, a net change of +1 holder.
- The largest Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033 buyer in Q2 2014 was Virtu Financial, an estimated $1.04M added.
- The largest Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033 seller in Q2 2014 was Credit Suisse, an estimated $1.06M sold.
Based on aggregated 13F filings for Q2 2014.