ProShares UltraShort Gold
GLL
10 hedge funds and large institutions have $6.21M invested in ProShares UltraShort Gold in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
25% more funds holding
Funds holding: 8 → 10 (+2)
1.75% less ownership
Funds ownership: 10.28% → 8.52% (-1.8%)
17% less call options, than puts
Call options by funds: $1.95M | Put options by funds: $2.35M
48% less capital invested
Capital invested by funds: $12M → $6.21M (-$5.84M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$723K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$587K |
| 3 |
Barclays
London,
United Kingdom
|
+$124K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$16.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$4.24M |
| 2 |
VF
Virtu Financial
New York
|
-$1.55M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$261K |
| 4 |
Morgan Stanley
New York
|
-$19.3K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$15.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.86M | +$587K | +1,855 | +41% |
|
|
2
Jane Street
New York
| $1.78M | -$4.24M | -13,404 | -69% |
|
|
VF
3
Virtu Financial
New York
| $1.47M | -$1.55M | -4,885 | -49% |
|
|
4
Wolverine Trading
Chicago,
Illinois
| $667K | +$723K | +2,286 | New |
|
|
FTUS
5
Flow Traders U.S.
New York
| $270K | -$261K | -826 | -47% |
|
|
6
Barclays
London,
United Kingdom
| $114K | +$124K | +393 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $15K | +$16.8K | +53 | New |
|
|
8
Morgan Stanley
New York
| $13K | -$19.3K | -61 | -57% |
|
|
CG
9
Cutler Group
San Francisco,
California
| $7K | -$15.8K | -50 | -67% |
|
|
AA
10
AlphaMark Advisors
Ft. Wright,
Kentucky
| $2K | – | – | – |
|
11
Fidelity International
Hamilton,
Bermuda
| – | -$8K | -25 | Closed |
|
GLL Hedge Fund Activity: Q4 2018 in Review
10 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Gold (GLL) for Q4 2018, worth a combined $6.21M — down 48% from $12M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GLL positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 5 trimmed.
The largest buyer was Wolverine Trading, opening a new position worth an estimated $723K. The largest seller was Jane Street, cutting an estimated $4.24M.
- 10 institutional investors held ProShares UltraShort Gold (GLL) as of Q4 2018, up from 8 in Q3 2018.
- Funds reported $6.21M of ProShares UltraShort Gold stock for Q4 2018, down 48% quarter-over-quarter.
- 3 funds opened new ProShares UltraShort Gold positions in Q4 2018 and 1 closed out, a net change of +2 holders.
- The largest ProShares UltraShort Gold buyer in Q4 2018 was Wolverine Trading, an estimated $723K added.
- The largest ProShares UltraShort Gold seller in Q4 2018 was Jane Street, an estimated $4.24M sold.
Based on aggregated 13F filings for Q4 2018.