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.
9 hedge funds and large institutions have $64.6M invested in VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
122% more capital invested
Capital invested by funds: $29.1M → $64.6M (+$35.5M)
50% more funds holding
Funds holding: 6 → 9 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$32M |
| 2 |
Jane Street
New York
|
+$3.51M |
| 3 |
VF
Virtu Financial
New York
|
+$3.32M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$2.73M |
| 5 |
Millennium Management
New York
|
+$975K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$923K |
| 2 |
JT
Jump Trading
Chicago,
Illinois
|
-$195K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$2.31K |
UGAZ Hedge Fund Activity: Q3 2014 in Review
9 of the 3,455 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 2014, worth a combined $64.6M — up 122% from $29.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new UGAZ positions and 1 closed out — a net gain of 3 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Credit Suisse, adding an estimated $32M. The largest seller was Commerzbank Aktiengesellschaft, exiting entirely with an estimated $923K sold.
- 9 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 2014, up from 6 in Q2 2014.
- Funds reported $64.6M of VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 stock for Q3 2014, up 122% 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 2014 and 1 closed out, a net change of +3 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 2014 was Credit Suisse, an estimated $32M 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 2014 was Commerzbank Aktiengesellschaft, an estimated $923K sold.
Based on aggregated 13F filings for Q3 2014.