ProShares UltraShort Gold
GLL
16 hedge funds and large institutions have $11M invested in ProShares UltraShort Gold in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 7 closing their positions.
105% more capital invested
Capital invested by funds: $5.34M → $11M (+$5.62M)
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
1.5% more ownership
Funds ownership: 0.86% → 2.37% (+1.5%)
11% less funds holding
Funds holding: 18 → 16 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
91% less call options, than puts
Call options by funds: $8.95M | Put options by funds: $101M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$2.64M |
| 2 |
JT
Jump Trading
Chicago,
Illinois
|
+$1.88M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.62M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$997K |
| 5 |
VF
Virtu Financial
New York
|
+$313K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$552K |
| 2 |
PAA
Peregrine Asset Advisers
Portland,
Oregon
|
-$362K |
| 3 |
Jane Street
New York
|
-$297K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$160K |
| 5 |
Morgan Stanley
New York
|
-$151K |
GLL Hedge Fund Activity: Q1 2014 in Review
16 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Gold (GLL) for Q1 2014, worth a combined $11M — up 105% from $5.34M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GLL and 5 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Virtu KCG Holdings, adding an estimated $2.64M. The largest seller was LPL Financial, exiting entirely with an estimated $552K sold.
- 16 institutional investors held ProShares UltraShort Gold (GLL) as of Q1 2014, down from 18 in Q4 2013.
- Funds reported $11M of ProShares UltraShort Gold stock for Q1 2014, up 105% quarter-over-quarter.
- 5 funds opened new ProShares UltraShort Gold positions in Q1 2014 and 7 closed out, a net change of -2 holders.
- The largest ProShares UltraShort Gold buyer in Q1 2014 was Virtu KCG Holdings, an estimated $2.64M added.
- The largest ProShares UltraShort Gold seller in Q1 2014 was LPL Financial, an estimated $552K sold.
Based on aggregated 13F filings for Q1 2014.