ProShares UltraShort Gold
GLL
8 hedge funds and large institutions have $12M invested in ProShares UltraShort Gold in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 4 closing their positions.
85% more call options, than puts
Call options by funds: $1.86M | Put options by funds: $1M
46% more capital invested
Capital invested by funds: $8.24M → $12M (+$3.81M)
3.44% more ownership
Funds ownership: 6.84% → 10.28% (+3.4%)
20% less funds holding
Funds holding: 10 → 8 (-2)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$5.19M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$473K |
| 3 |
CG
Cutler Group
San Francisco,
California
|
+$24.3K |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$8.09K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$2.31M |
| 2 |
VF
Virtu Financial
New York
|
-$386K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$114K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$45K |
| 5 |
Morgan Stanley
New York
|
-$33.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $6.54M | +$5.19M | +16,052 | +462% |
|
|
VF
2
Virtu Financial
New York
| $3.33M | -$386K | -1,194 | -11% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.52M | +$473K | +1,461 | +47% |
|
|
FTUS
4
Flow Traders U.S.
New York
| $587K | -$2.31M | -7,132 | -80% |
|
|
5
Morgan Stanley
New York
| $36K | -$33.7K | -104 | -49% |
|
|
CG
6
Cutler Group
San Francisco,
California
| $25K | +$24.3K | +75 | New |
|
|
7
Fidelity International
Hamilton,
Bermuda
| $8K | +$8.09K | +25 | New |
|
|
AA
8
AlphaMark Advisors
Ft. Wright,
Kentucky
| $2K | – | – | – |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$114K | -378 | Closed |
|
|
10
Simplex Trading
Chicago,
Illinois
| – | -$45K | -150 | Closed |
|
|
SWP
11
Strategic Wealth Partners
Independence,
Ohio
| – | -$8K | -27 | Closed |
|
12
Barclays
London,
United Kingdom
| – | -$2.59K | -8 | Closed |
|
GLL Hedge Fund Activity: Q3 2018 in Review
8 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Gold (GLL) for Q3 2018, worth a combined $12M — up 46% from $8.24M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GLL and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, adding an estimated $5.19M. The largest seller was Flow Traders U.S., cutting an estimated $2.31M.
- 8 institutional investors held ProShares UltraShort Gold (GLL) as of Q3 2018, down from 10 in Q2 2018.
- Funds reported $12M of ProShares UltraShort Gold stock for Q3 2018, up 46% quarter-over-quarter.
- 2 funds opened new ProShares UltraShort Gold positions in Q3 2018 and 4 closed out, a net change of -2 holders.
- The largest ProShares UltraShort Gold buyer in Q3 2018 was Jane Street, an estimated $5.19M added.
- The largest ProShares UltraShort Gold seller in Q3 2018 was Flow Traders U.S., an estimated $2.31M sold.
Based on aggregated 13F filings for Q3 2018.