VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER
UGLD
UGLD was delisted on the 2nd of July, 2020.
4 hedge funds and large institutions have $917K invested in VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 3 closing their positions.
113% more capital invested
Capital invested by funds: $430K → $917K (+$487K)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
20% less funds holding
Funds holding: 5 → 4 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$791K |
| 2 |
Citigroup
New York
|
+$78.3K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$30.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$257K |
| 2 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$129K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$2K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.26K |
UGLD Hedge Fund Activity: Q1 2014 in Review
4 of the 3,464 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 Q1 2014, worth a combined $917K — up 113% from $430K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of UGLD and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 1 added.
The largest buyer was Credit Suisse, opening a new position worth an estimated $791K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $257K sold.
- 4 institutional investors held VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER (UGLD) as of Q1 2014, down from 5 in Q4 2013.
- Funds reported $917K of VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER stock for Q1 2014, up 113% quarter-over-quarter.
- 2 funds opened new VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER positions in Q1 2014 and 3 closed out, a net change of -1 holder.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER buyer in Q1 2014 was Credit Suisse, an estimated $791K added.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER seller in Q1 2014 was Susquehanna International Group, an estimated $257K sold.
Based on aggregated 13F filings for Q1 2014.