United States Gasoline Fund
UGA
23 hedge funds and large institutions have $8.47M invested in United States Gasoline Fund in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 5 closing their positions.
10% less call options, than puts
Call options by funds: $5.82M | Put options by funds: $6.46M
4.48% less ownership
Funds ownership: 20.44% → 15.96% (-4.5%)
12% less funds holding
Funds holding: 26 → 23 (-3)
27% less capital invested
Capital invested by funds: $11.6M → $8.47M (-$3.16M)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.16M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$240K |
| 3 |
Morgan Stanley
New York
|
+$63.7K |
| 4 |
MAS
Madden Advisory Services
Jacksonville,
Florida
|
+$54K |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$29.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.96M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$1.07M |
| 3 |
Group One Trading
Chicago,
Illinois
|
-$518K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$250K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$248K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
26
Huntington National Bank
Columbus,
Ohio
| – | -$3K | -50 | Closed |
|
|
ASN
27
Advisory Services Network
Atlanta,
Georgia
| – | -$2K | -35 | Closed |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -22 | Closed |
|
UGA Hedge Fund Activity: Q1 2014 in Review
23 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in United States Gasoline Fund (UGA) for Q1 2014, worth a combined $8.47M — down 27% from $11.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of UGA and 2 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 5 added.
The largest buyer was Jane Street, adding an estimated $1.16M. The largest seller was Virtu Financial, exiting entirely with an estimated $1.96M sold.
- 23 institutional investors held United States Gasoline Fund (UGA) as of Q1 2014, down from 26 in Q4 2013.
- Funds reported $8.47M of United States Gasoline Fund stock for Q1 2014, down 27% quarter-over-quarter.
- 2 funds opened new United States Gasoline Fund positions in Q1 2014 and 5 closed out, a net change of -3 holders.
- The largest United States Gasoline Fund buyer in Q1 2014 was Jane Street, an estimated $1.16M added.
- The largest United States Gasoline Fund seller in Q1 2014 was Virtu Financial, an estimated $1.96M sold.
Based on aggregated 13F filings for Q1 2014.