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 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $49.4M | +$32M | +164 | +205% |
|
|
VF
2
Virtu Financial
New York
| $5.69M | +$3.32M | +17 | +155% |
|
|
3
Jane Street
New York
| $3.79M | +$3.51M | +18 | +1,800% |
|
|
FTUS
4
Flow Traders U.S.
New York
| $3.54M | +$2.73M | +14 | +350% |
|
|
5
Millennium Management
New York
| $989K | +$975K | +5 | New |
|
|
CT
6
CMT Trading
Chicago,
Illinois
| $384K | +$390K | +2 | New |
|
7
Citadel Advisors
Miami,
Florida
| $323K | +$390K | +2 | New |
|
|
JT
8
Jump Trading
Chicago,
Illinois
| $181K | -$195K | -1 | -50% |
|
9
Morgan Stanley
New York
| $170K | +$195K | +1 | New |
|
|
U
10
UBS
Zurich,
Switzerland
| $82K | – | – | – |
|
11
Citigroup
New York
| $19K | – | – | – |
|
12
Creative Planning
Overland Park,
Kansas
| $16K | – | – | – |
|
|
PFG
13
Piershale Financial Group
Barrington,
Illinois
| $4K | – | – | – |
|
|
WA
14
WFG Advisors
Dallas,
Texas
| $3K | – | – | – |
|
|
CA
15
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$923K | -3 | Closed |
|
|
BRWA
16
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$2.31K | – | – |
|
UGAZ Hedge Fund Activity: Q3 2014 in Review
9 of the 3,447 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.