VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER
UGLD
UGLD was delisted on the 2nd of July, 2020.
9 hedge funds and large institutions have $428K invested in VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 5 closing their positions.
10% less funds holding
Funds holding: 10 → 9 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
60% less capital invested
Capital invested by funds: $1.07M → $428K (-$645K)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$121K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$71.4K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$29.2K |
| 4 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$11.3K |
| 5 |
Citigroup
New York
|
+$5.33K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JT
Jump Trading
Chicago,
Illinois
|
-$461K |
| 2 |
Jane Street
New York
|
-$185K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$126K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$38K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$31.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BPC
1
Banque Pictet & Cie
Geneva 73,
Switzerland
| $147K | -$5.55K | -50 | -3% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $114K | +$121K | +1,092 | New |
|
|
FTUS
3
Flow Traders U.S.
New York
| $91K | +$71.4K | +643 | +282% |
|
|
WA
4
WFG Advisors
Dallas,
Texas
| $29K | -$2K | -18 | -6% |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| $27K | +$29.2K | +263 | New |
|
|
AP
6
Advisors Preferred
Rockville,
Maryland
| $11K | +$11.3K | +102 | New |
|
|
7
Citigroup
New York
| $5K | +$5.33K | +48 | New |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | – | – | – |
|
|
9
UBS Group
Zurich,
Switzerland
| $1K | -$31.9K | -287 | -97% |
|
|
JT
10
Jump Trading
Chicago,
Illinois
| – | -$461K | -4,199 | Closed |
|
|
11
Jane Street
New York
| – | -$185K | -1,684 | Closed |
|
|
12
Citadel Advisors
Miami,
Florida
| – | -$126K | -1,146 | Closed |
|
|
13
Creative Planning
Overland Park,
Kansas
| – | -$38K | -350 | Closed |
|
|
NFG
14
Next Financial Group
Houston,
Texas
| – | -$10K | -100 | Closed |
|
UGLD Hedge Fund Activity: Q2 2015 in Review
9 of the 3,713 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 Q2 2015, worth a combined $428K — down 60% from $1.07M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of UGLD and 4 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $121K. The largest seller was Jump Trading, exiting entirely with an estimated $461K sold.
- 9 institutional investors held VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER (UGLD) as of Q2 2015, down from 10 in Q1 2015.
- Funds reported $428K of VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER stock for Q2 2015, down 60% quarter-over-quarter.
- 4 funds opened new VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER positions in Q2 2015 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 Q2 2015 was Susquehanna International Group, an estimated $121K added.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER seller in Q2 2015 was Jump Trading, an estimated $461K sold.
Based on aggregated 13F filings for Q2 2015.