VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER
UGLD
UGLD was delisted on the 2nd of July, 2020.
5 hedge funds and large institutions have $430K invested in VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
67% more funds holding
Funds holding: 3 → 5 (+2)
50% less capital invested
Capital invested by funds: $852K → $430K (-$422K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
+$155K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$48K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$2.48K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
CMT Asset Management
Chicago,
Illinois
|
-$419K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$45.9K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$17.5K |
UGLD Hedge Fund Activity: Q4 2013 in Review
5 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER (UGLD) for Q4 2013, worth a combined $430K — down 50% from $852K a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new UGLD positions and 1 closed out — a net gain of 2 holders — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Eidelman Virant Capital, opening a new position worth an estimated $155K. The largest seller was CMT Asset Management, exiting entirely with an estimated $419K sold.
- 5 institutional investors held VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER (UGLD) as of Q4 2013, up from 3 in Q3 2013.
- Funds reported $430K of VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER stock for Q4 2013, down 50% quarter-over-quarter.
- 3 funds opened new VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER positions in Q4 2013 and 1 closed out, a net change of +2 holders.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER buyer in Q4 2013 was Eidelman Virant Capital, an estimated $155K added.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER seller in Q4 2013 was CMT Asset Management, an estimated $419K sold.
Based on aggregated 13F filings for Q4 2013.