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.
11 hedge funds and large institutions have $40.9M invested in VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
22% more funds holding
Funds holding: 9 → 11 (+2)
31% less capital invested
Capital invested by funds: $59.4M → $40.9M (-$18.5M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$11.3M |
| 2 |
BCM
Boyle Capital Management
West Des Moines,
Iowa
|
+$2.32M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$1.34M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.34M |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$18.9M |
| 2 |
VF
Virtu Financial
New York
|
-$3.09M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$2.56M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$119K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$11.3K |
UGAZ Hedge Fund Activity: Q3 2016 in Review
11 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 Q3 2016, worth a combined $40.9M — down 31% from $59.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new UGAZ positions and 2 closed out — a net gain of 2 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Credit Suisse, adding an estimated $11.3M. The largest seller was Jane Street, cutting an estimated $18.9M.
- 11 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 2016, up from 9 in Q2 2016.
- Funds reported $40.9M of VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 stock for Q3 2016, down 31% 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 2016 and 2 closed out, a net change of +2 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 2016 was Credit Suisse, an estimated $11.3M 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 2016 was Jane Street, an estimated $18.9M sold.
Based on aggregated 13F filings for Q3 2016.