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.
6 hedge funds and large institutions have $29.1M invested in VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, reducing their positions, and 3 closing their positions.
9% more capital invested
Capital invested by funds: $26.8M → $29.1M (+$2.38M)
14% less funds holding
Funds holding: 7 → 6 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$2.6M |
| 2 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$973K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$649K |
| 4 |
JT
Jump Trading
Chicago,
Illinois
|
+$649K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$875K |
| 2 |
Morgan Stanley
New York
|
-$324K |
| 3 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
-$205K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $23.1M | – | – | – |
|
|
VF
2
Virtu Financial
New York
| $3.11M | +$2.6M | +8 | +267% |
|
|
FTUS
3
Flow Traders U.S.
New York
| $1.28M | +$649K | +2 | +100% |
|
|
CA
4
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| $923K | +$973K | +3 | New |
|
|
JT
5
Jump Trading
Chicago,
Illinois
| $449K | +$649K | +2 | New |
|
6
Jane Street
New York
| $259K | – | – | – |
|
|
7
Morgan Stanley
New York
| $46K | -$324K | -1 | Closed |
|
|
BRWA
8
B. Riley Wealth Advisors
Boca Raton,
Florida
| $2.31K | – | – | – |
|
|
U
9
UBS
Zurich,
Switzerland
| $1K | – | – | – |
|
|
VKH
10
Virtu KCG Holdings
New York
| – | -$875K | -3 | Closed |
|
|
HAM
11
Harber Asset Management
Asheville,
North Carolina
| – | -$205K | -1 | Closed |
|
UGAZ Hedge Fund Activity: Q2 2014 in Review
6 of the 3,480 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 Q2 2014, worth a combined $29.1M — up 8.9% from $26.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of UGAZ and 2 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 2 added.
The largest buyer was Virtu Financial, adding an estimated $2.6M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $875K sold.
- 6 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 Q2 2014, down from 7 in Q1 2014.
- Funds reported $29.1M of VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 stock for Q2 2014, up 8.9% quarter-over-quarter.
- 2 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 Q2 2014 and 3 closed out, a net change of -1 holder.
- The largest VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 buyer in Q2 2014 was Virtu Financial, an estimated $2.6M 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 Q2 2014 was Virtu KCG Holdings, an estimated $875K sold.
Based on aggregated 13F filings for Q2 2014.