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.
13 hedge funds and large institutions have $154M invested in VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 4 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
84% more capital invested
Capital invested by funds: $83.7M → $154M (+$70.2M)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
7% less funds holding
Funds holding: 14 → 13 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$92.7M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$604K |
| 3 |
AWE
Avidian Wealth Enterprises
Houston,
Texas
|
+$465K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$421K |
| 5 |
VF
Virtu Financial
New York
|
+$397K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$4.47M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.01M |
| 3 |
JT
Jump Trading
Chicago,
Illinois
|
-$420K |
| 4 |
Jane Street
New York
|
-$176K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$59.8K |
UGAZ Hedge Fund Activity: Q3 2017 in Review
13 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 Q3 2017, worth a combined $154M — up 84% from $83.7M a quarter earlier.
Fund positioning in UGAZ was balanced in Q3 2017: 4 funds opened new positions, 4 closed out, 5 added to existing stakes and 2 trimmed.
The largest buyer was Credit Suisse, adding an estimated $92.7M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $4.47M sold.
- 13 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 2017, down from 14 in Q2 2017.
- Funds reported $154M of VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 stock for Q3 2017, up 84% 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 2017 and 4 closed out, a net change of 0 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 2017 was Credit Suisse, an estimated $92.7M 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 Q3 2017 was Flow Traders U.S., an estimated $4.47M sold.
Based on aggregated 13F filings for Q3 2017.