VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2
UGAZ
UGAZ was delisted on the 10th of July, 2020.
14 hedge funds and large institutions have $5.18M invested in VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 14 closing their positions.
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
42% less funds holding
Funds holding: 24 → 14 (-10)
71% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 14
88% less capital invested
Capital invested by funds: $42.9M → $5.18M (-$37.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Seamans Capital Management
Boston,
Massachusetts
|
+$510K |
| 2 |
Citigroup
New York
|
+$487K |
| 3 |
CBU
CIBC Bank USA
Chicago,
Illinois
|
+$116K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$116K |
| 5 |
SGCA
Steel Grove Capital Advisors
Memphis,
Tennessee
|
+$46.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$9.24M |
| 2 |
GJL
Gendell Jeffrey L
|
-$7.65M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6.9M |
| 4 |
Jane Street
New York
|
-$4.87M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$2.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| – | -$120K | -4 | Closed |
|
27
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$65K | -2 | Closed |
|
|
JT
28
Jump Trading
Chicago,
Illinois
| – | -$59K | -2 | Closed |
|
|
TSS
29
Two Sigma Securities
New York
| – | -$59K | -2 | Closed |
|
UGAZ Hedge Fund Activity: Q3 2015 in Review
14 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 (UGAZ) for Q3 2015, worth a combined $5.18M — down 88% from $42.9M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of UGAZ and 4 opened new positions — a net loss of 10 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Seamans Capital Management, opening a new position worth an estimated $510K. The largest seller was Virtu Financial, exiting entirely with an estimated $9.24M sold.
- 14 institutional investors held VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 (UGAZ) as of Q3 2015, down from 24 in Q2 2015.
- Funds reported $5.18M of VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 stock for Q3 2015, down 88% quarter-over-quarter.
- 4 funds opened new VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 positions in Q3 2015 and 14 closed out, a net change of -10 holders.
- The largest VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 buyer in Q3 2015 was Seamans Capital Management, an estimated $510K added.
- The largest VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 seller in Q3 2015 was Virtu Financial, an estimated $9.24M sold.
Based on aggregated 13F filings for Q3 2015.