VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER
UGLD
UGLD was delisted on the 2nd of July, 2020.
10 hedge funds and large institutions have $1.07M invested in VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, increasing their positions, 1 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
52% more capital invested
Capital invested by funds: $705K → $1.07M (+$368K)
43% more funds holding
Funds holding: 7 → 10 (+3)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JT
Jump Trading
Chicago,
Illinois
|
+$510K |
| 2 |
Jane Street
New York
|
+$205K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$139K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$42.5K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$35.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$281K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$161K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$69K |
| 4 |
Citigroup
New York
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JT
1
Jump Trading
Chicago,
Illinois
| $461K | +$510K | +4,199 | New |
|
|
2
Jane Street
New York
| $185K | +$205K | +1,684 | New |
|
|
BPC
3
Banque Pictet & Cie
Geneva 73,
Switzerland
| $160K | – | – | – |
|
|
4
Citadel Advisors
Miami,
Florida
| $126K | +$139K | +1,146 | New |
|
|
5
Creative Planning
Overland Park,
Kansas
| $38K | +$42.5K | +350 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $32K | +$35.9K | +295 | New |
|
|
WA
7
WFG Advisors
Dallas,
Texas
| $32K | +$35.9K | +295 | New |
|
|
FTUS
8
Flow Traders U.S.
New York
| $25K | -$161K | -1,328 | -85% |
|
|
NFG
9
Next Financial Group
Houston,
Texas
| $10K | – | – | – |
|
|
LTFS
10
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | – | – | – |
|
|
CS
11
Credit Suisse
Zurich,
Switzerland
| – | -$281K | -2,500 | Closed |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$69K | -612 | Closed |
|
|
13
Citigroup
New York
| – | -$1K | -10 | Closed |
|
UGLD Hedge Fund Activity: Q1 2015 in Review
10 of the 3,754 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 2015, worth a combined $1.07M — up 52% from $705K a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new UGLD positions and 3 closed out — a net gain of 3 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Jump Trading, opening a new position worth an estimated $510K. The largest seller was Credit Suisse, exiting entirely with an estimated $281K sold.
- 10 institutional investors held VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER (UGLD) as of Q1 2015, up from 7 in Q4 2014.
- Funds reported $1.07M of VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER stock for Q1 2015, up 52% quarter-over-quarter.
- 6 funds opened new VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER positions in Q1 2015 and 3 closed out, a net change of +3 holders.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER buyer in Q1 2015 was Jump Trading, an estimated $510K added.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER seller in Q1 2015 was Credit Suisse, an estimated $281K sold.
Based on aggregated 13F filings for Q1 2015.