ProShares UltraShort Gold
GLL
14 hedge funds and large institutions have $6.72M invested in ProShares UltraShort Gold in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 6 closing their positions.
1.66% less ownership
Funds ownership: 3.81% → 2.15% (-1.7%)
18% less funds holding
Funds holding: 17 → 14 (-3)
46% less capital invested
Capital invested by funds: $12.4M → $6.72M (-$5.71M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
92% less call options, than puts
Call options by funds: $7.83M | Put options by funds: $102M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IIA
IPG Investment Advisors
San Diego,
California
|
+$712K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$52.5K |
| 3 |
JT
Jump Trading
Chicago,
Illinois
|
+$31.3K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$28.2K |
| 5 |
Morgan Stanley
New York
|
+$28.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$5.93M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.28M |
| 3 |
CCMD
Cypress Capital Management (Delaware)
Greenville,
Delaware
|
-$201K |
| 4 |
LIM
Leavell Investment Management
Mobile,
Alabama
|
-$147K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$91.9K |
GLL Hedge Fund Activity: Q3 2014 in Review
14 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Gold (GLL) for Q3 2014, worth a combined $6.72M — down 46% from $12.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GLL and 3 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was IPG Investment Advisors, opening a new position worth an estimated $712K. The largest seller was Virtu Financial, exiting entirely with an estimated $5.93M sold.
- 14 institutional investors held ProShares UltraShort Gold (GLL) as of Q3 2014, down from 17 in Q2 2014.
- Funds reported $6.72M of ProShares UltraShort Gold stock for Q3 2014, down 46% quarter-over-quarter.
- 3 funds opened new ProShares UltraShort Gold positions in Q3 2014 and 6 closed out, a net change of -3 holders.
- The largest ProShares UltraShort Gold buyer in Q3 2014 was IPG Investment Advisors, an estimated $712K added.
- The largest ProShares UltraShort Gold seller in Q3 2014 was Virtu Financial, an estimated $5.93M sold.
Based on aggregated 13F filings for Q3 2014.