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 $76.7M invested in VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
88% more capital invested
Capital invested by funds: $40.9M → $76.7M (+$35.8M)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
0% more funds holding
Funds holding: 11 → 11 (0)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.93M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$6.28M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.06M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.36M |
| 5 |
VF
Virtu Financial
New York
|
+$2.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.78M |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$722K |
| 3 |
WA
WFG Advisors
Dallas,
Texas
|
-$11K |
| 4 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $34.5M | -$3.78M | -1,000 | -12% |
|
|
2
Jane Street
New York
| $9.97M | +$6.93M | +1,835 | +566% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $9.93M | +$5.36M | +1,419 | +194% |
|
|
FTUS
4
Flow Traders U.S.
New York
| $8.9M | +$6.28M | +1,662 | +627% |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $7.42M | +$6.06M | +1,605 | New |
|
|
VF
6
Virtu Financial
New York
| $2.56M | +$2.09M | +554 | New |
|
|
VKH
7
Virtu KCG Holdings
New York
| $2.14M | +$408K | +108 | +30% |
|
|
AWA
8
Arete Wealth Advisors
Chicago,
Illinois
| $672K | -$722K | -191 | -57% |
|
|
TSS
9
Two Sigma Securities
New York
| $538K | +$438K | +116 | New |
|
10
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $16K | – | – | – |
|
11
Creative Planning
Overland Park,
Kansas
| $9K | – | – | – |
|
|
CDIA
12
Capital Directions Investment Advisors
Atlanta,
Georgia
| $2K | – | – | – |
|
|
WA
13
WFG Advisors
Dallas,
Texas
| – | -$11K | -3 | Closed |
|
|
MWM
14
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$3K | -1 | Closed |
|
UGAZ Hedge Fund Activity: Q4 2016 in Review
11 of the 4,000 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 Q4 2016, worth a combined $76.7M — up 88% from $40.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new UGAZ positions and 2 closed out — a net gain of 1 holder — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Jane Street, adding an estimated $6.93M. The largest seller was Credit Suisse, cutting an estimated $3.78M.
- 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 Q4 2016, unchanged from Q3 2016.
- Funds reported $76.7M of VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 stock for Q4 2016, up 88% quarter-over-quarter.
- 3 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 Q4 2016 and 2 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 Q4 2016 was Jane Street, an estimated $6.93M 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 Q4 2016 was Credit Suisse, an estimated $3.78M sold.
Based on aggregated 13F filings for Q4 2016.