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.
18 hedge funds and large institutions have $228M invested in VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 8 closing their positions.
608% more capital invested
Capital invested by funds: $32.2M → $228M (+$196M)
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
6% more funds holding
Funds holding: 17 → 18 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$269M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$53.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$24.2M |
| 4 |
HF
HRT Financial
New York
|
+$21.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.46M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$24K |
| 3 |
BCM
Blume Capital Management
Berkeley,
California
|
-$13K |
| 4 |
YAL
Your Advocates Ltd
Houston,
Texas
|
-$13K |
| 5 |
ST
Smithfield Trust
Pittsburgh,
Pennsylvania
|
-$7K |
UGAZ Hedge Fund Activity: Q2 2020 in Review
18 of the 4,888 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 2020, worth a combined $228M — up 608% from $32.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new UGAZ positions and 8 closed out — a net gain of 1 holder — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $269M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $1.46M sold.
- 18 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 2020, up from 17 in Q1 2020.
- Funds reported $228M of VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 stock for Q2 2020, up 608% quarter-over-quarter.
- 9 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 2020 and 8 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 2020 was Jane Street, an estimated $269M 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 2020 was Renaissance Technologies, an estimated $1.46M sold.
Based on aggregated 13F filings for Q2 2020.