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.
3 hedge funds and large institutions have $7.05M invested in VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 15 closing their positions.
83% less funds holding
Funds holding: 18 → 3 (-15)
97% less capital invested
Capital invested by funds: $228M → $7.05M (-$221M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 15
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$138M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$27.6M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$9.5M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$9.13M |
UGAZ Hedge Fund Activity: Q3 2020 in Review
3 of the 4,970 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 2020, worth a combined $7.05M — down 97% from $228M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of UGAZ and 0 opened new positions — a net loss of 15 holders — while 1 trimmed existing stakes and 0 added.
The largest seller was Jane Street, exiting entirely with an estimated $138M sold.
- 3 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 2020, down from 18 in Q2 2020.
- Funds reported $7.05M of VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2 stock for Q3 2020, down 97% quarter-over-quarter.
- 0 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 2020 and 15 closed out, a net change of -15 holders.
- 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 2020 was Jane Street, an estimated $138M sold.
Based on aggregated 13F filings for Q3 2020.