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 $44.2M invested in VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 9 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
7% less funds holding
Funds holding: 14 → 13 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
29% less capital invested
Capital invested by funds: $61.9M → $44.2M (-$17.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.41M |
| 2 |
AI
Atom Investors
Austin,
Texas
|
+$1.14M |
| 3 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$369K |
| 4 |
JT
Jump Trading
Chicago,
Illinois
|
+$296K |
| 5 |
ST
Smithfield Trust
Pittsburgh,
Pennsylvania
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$1.9M |
| 2 |
Jane Street
New York
|
-$1.04M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$967K |
| 4 |
Renaissance Technologies
New York
|
-$795K |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$445K |
UGAZ Hedge Fund Activity: Q1 2019 in Review
13 of the 4,633 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 Q1 2019, worth a combined $44.2M — down 29% from $61.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of UGAZ and 8 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 3 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $2.41M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $1.9M 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 Q1 2019, down from 14 in Q4 2018.
- Funds reported $44.2M of VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 stock for Q1 2019, down 29% quarter-over-quarter.
- 8 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 Q1 2019 and 9 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 Q1 2019 was Citadel Advisors, an estimated $2.41M 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 Q1 2019 was Flow Traders U.S., an estimated $1.9M sold.
Based on aggregated 13F filings for Q1 2019.