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.
20 hedge funds and large institutions have $55.5M invested in VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 in 2019 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 5 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
54% more funds holding
Funds holding: 13 → 20 (+7)
26% more capital invested
Capital invested by funds: $44.2M → $55.5M (+$11.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$12M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$10.3M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$9.52M |
| 4 |
HF
HRT Financial
New York
|
+$4.13M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$1.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Atom Investors
Austin,
Texas
|
-$898K |
| 2 |
JT
Jump Trading
Chicago,
Illinois
|
-$232K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$208K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$45.7K |
| 5 |
EWA
Evolution Wealth Advisors
Aventura,
Florida
|
-$35K |
UGAZ Hedge Fund Activity: Q2 2019 in Review
20 of the 4,625 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 2019, worth a combined $55.5M — up 26% from $44.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new UGAZ positions and 5 closed out — a net gain of 7 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $12M. The largest seller was Atom Investors, exiting entirely with an estimated $898K sold.
- 20 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 2019, up from 13 in Q1 2019.
- Funds reported $55.5M of VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 stock for Q2 2019, up 26% quarter-over-quarter.
- 12 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 2019 and 5 closed out, a net change of +7 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 Q2 2019 was Jane Street, an estimated $12M 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 2019 was Atom Investors, an estimated $898K sold.
Based on aggregated 13F filings for Q2 2019.