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 $59.4M invested in VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 3 closing their positions.
1% more capital invested
Capital invested by funds: $58.6M → $59.4M (+$825K)
10% less funds holding
Funds holding: 10 → 9 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$2.7M |
| 2 |
VF
Virtu Financial
New York
|
+$586K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$434K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$74.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$25.7M |
| 2 |
Jane Street
New York
|
-$9.29M |
| 3 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$661K |
| 4 |
Citigroup
New York
|
-$145K |
| 5 |
FWM
Focused Wealth Management
Newburgh,
New York
|
-$27K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $25.4M | -$25.7M | -9,000 | -62% |
|
|
2
Jane Street
New York
| $24.7M | -$9.29M | -3,253 | -38% |
|
|
FTUS
3
Flow Traders U.S.
New York
| $4.37M | +$2.7M | +944 | New |
|
|
VF
4
Virtu Financial
New York
| $3.09M | +$586K | +205 | +44% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.74M | +$434K | +152 | +68% |
|
|
6
UBS Group
Zurich,
Switzerland
| $119K | +$74.3K | +26 | New |
|
7
Creative Planning
Overland Park,
Kansas
| $23K | – | – | – |
|
8
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $16K | – | – | – |
|
|
WA
9
WFG Advisors
Dallas,
Texas
| $14K | -$5.71K | -2 | -40% |
|
|
CDIA
10
Capital Directions Investment Advisors
Atlanta,
Georgia
| $2K | – | – | – |
|
|
IA
11
IFP Advisors
Tampa,
Florida
| $1K | – | – | – |
|
|
CA
12
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$661K | -272 | Closed |
|
|
13
Citigroup
New York
| – | -$145K | -60 | Closed |
|
|
FWM
14
Focused Wealth Management
Newburgh,
New York
| – | -$27K | -11 | Closed |
|
15
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | – | – |
|
UGAZ Hedge Fund Activity: Q2 2016 in Review
9 of the 3,748 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 2016, worth a combined $59.4M — up 1.4% from $58.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of UGAZ and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $2.7M. The largest seller was Credit Suisse, cutting an estimated $25.7M.
- 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 Q2 2016, down from 10 in Q1 2016.
- Funds reported $59.4M of VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 stock for Q2 2016, up 1.4% 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 2016 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 2016 was Flow Traders U.S., an estimated $2.7M 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 2016 was Credit Suisse, an estimated $25.7M sold.
Based on aggregated 13F filings for Q2 2016.