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.
14 hedge funds and large institutions have $83.7M invested in VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 4 closing their positions.
69% more capital invested
Capital invested by funds: $49.5M → $83.7M (+$34.1M)
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
7% less funds holding
Funds holding: 15 → 14 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$73.1M |
| 2 |
VF
Virtu Financial
New York
|
+$1.3M |
| 3 |
JT
Jump Trading
Chicago,
Illinois
|
+$542K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$307K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$284K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$3.3M |
| 2 |
Jane Street
New York
|
-$2.46M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$2.15M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.52M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.28M |
UGAZ Hedge Fund Activity: Q2 2017 in Review
14 of the 4,011 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 2017, worth a combined $83.7M — up 69% from $49.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of UGAZ and 3 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 5 added.
The largest buyer was Credit Suisse, adding an estimated $73.1M. The largest seller was Citadel Advisors, exiting entirely with an estimated $3.3M sold.
- 14 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 2017, down from 15 in Q1 2017.
- Funds reported $83.7M of VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 stock for Q2 2017, up 69% 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 Q2 2017 and 4 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 2017 was Credit Suisse, an estimated $73.1M 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 2017 was Citadel Advisors, an estimated $3.3M sold.
Based on aggregated 13F filings for Q2 2017.