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.
17 hedge funds and large institutions have $336M invested in VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
15% more capital invested
Capital invested by funds: $292M → $336M (+$44.4M)
13% more funds holding
Funds holding: 15 → 17 (+2)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$7.83M |
| 2 |
HF
HRT Financial
New York
|
+$3.65M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.58M |
| 4 |
Goldman Sachs
New York
|
+$1.51M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$300K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$648K |
| 2 |
VF
Virtu Financial
New York
|
-$207K |
| 3 |
XS
XR Securities
Chicago,
Illinois
|
-$125K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$12.3K |
| 5 |
PCM
Prelude Capital Management
New York
|
-$9K |
UGAZ Hedge Fund Activity: Q3 2018 in Review
17 of the 4,391 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 2018, worth a combined $336M — up 15% from $292M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new UGAZ positions and 4 closed out — a net gain of 2 holders — while 2 added to existing stakes and 5 trimmed.
The largest buyer was Jane Street, adding an estimated $7.83M. The largest seller was Weiss Multi-Strategy Advisers, exiting entirely with an estimated $648K sold.
- 17 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 2018, up from 15 in Q2 2018.
- Funds reported $336M of VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 stock for Q3 2018, up 15% quarter-over-quarter.
- 6 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 2018 and 4 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 2018 was Jane Street, an estimated $7.83M 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 2018 was Weiss Multi-Strategy Advisers, an estimated $648K sold.
Based on aggregated 13F filings for Q3 2018.