VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER
UGLD
UGLD was delisted on the 2nd of July, 2020.
7 hedge funds and large institutions have $705K invested in VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 5 closing their positions.
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
22% less funds holding
Funds holding: 9 → 7 (-2)
81% less capital invested
Capital invested by funds: $3.64M → $705K (-$2.93M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
+$175K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$73.3K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$3.95K |
| 4 |
Citigroup
New York
|
+$1.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$859K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$843K |
| 3 |
VF
Virtu Financial
New York
|
-$484K |
| 4 |
CT
CMT Trading
Chicago,
Illinois
|
-$428K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$173K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $281K | – | – | – |
|
|
FTUS
2
Flow Traders U.S.
New York
| $175K | -$843K | -7,037 | -82% |
|
|
BPC
3
Banque Pictet & Cie
Geneva 73,
Switzerland
| $164K | +$175K | +1,460 | New |
|
|
TRCT
4
Tower Research Capital (TRC)
New York
| $69K | +$73.3K | +612 | New |
|
|
NFG
5
Next Financial Group
Houston,
Texas
| $11K | – | – | – |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | +$3.95K | +33 | New |
|
|
7
Citigroup
New York
| $1K | +$1.2K | +10 | New |
|
|
8
Jane Street
New York
| – | -$859K | -6,948 | Closed |
|
|
VF
9
Virtu Financial
New York
| – | -$484K | -3,919 | Closed |
|
|
CT
10
CMT Trading
Chicago,
Illinois
| – | -$428K | -3,460 | Closed |
|
|
11
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$173K | -1,400 | Closed |
|
12
Citadel Advisors
Miami,
Florida
| – | -$160K | -1,294 | Closed |
|
UGLD Hedge Fund Activity: Q4 2014 in Review
7 of the 3,751 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 2014, worth a combined $705K — down 81% from $3.64M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of UGLD and 4 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 0 added.
The largest buyer was Banque Pictet & Cie, opening a new position worth an estimated $175K. The largest seller was Jane Street, exiting entirely with an estimated $859K sold.
- 7 institutional investors held VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER (UGLD) as of Q4 2014, down from 9 in Q3 2014.
- Funds reported $705K of VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER stock for Q4 2014, down 81% quarter-over-quarter.
- 4 funds opened new VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER positions in Q4 2014 and 5 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 Q4 2014 was Banque Pictet & Cie, an estimated $175K added.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER seller in Q4 2014 was Jane Street, an estimated $859K sold.
Based on aggregated 13F filings for Q4 2014.