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 $436K invested in VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
2% more capital invested
Capital invested by funds: $428K → $436K (+$8K)
22% less funds holding
Funds holding: 9 → 7 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$280K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$31.8K |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$18.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$6.82K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.91K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
-$147K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$91K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$27K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
-$24.7K |
| 5 |
Citigroup
New York
|
-$5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $271K | +$280K | +3,081 | New |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $97K | +$1.91K | +21 | +2% |
|
|
3
Creative Planning
Overland Park,
Kansas
| $31K | +$31.8K | +350 | New |
|
|
AP
4
Advisors Preferred
Rockville,
Maryland
| $27K | +$18.9K | +208 | +204% |
|
|
5
UBS Group
Zurich,
Switzerland
| $7K | +$6.82K | +75 | +938% |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | – | – | – |
|
|
BPC
7
Banque Pictet & Cie
Geneva 73,
Switzerland
| – | -$147K | -1,410 | Closed |
|
|
FTUS
8
Flow Traders U.S.
New York
| – | -$91K | -871 | Closed |
|
|
WA
9
WFG Advisors
Dallas,
Texas
| – | -$24.7K | -272 | -98% |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| – | -$27K | -263 | Closed |
|
|
11
Citigroup
New York
| – | -$5K | -48 | Closed |
|
UGLD Hedge Fund Activity: Q3 2015 in Review
7 of the 3,583 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 Q3 2015, worth a combined $436K — up 1.9% from $428K a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of UGLD and 2 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $280K. The largest seller was Banque Pictet & Cie, exiting entirely with an estimated $147K sold.
- 7 institutional investors held VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER (UGLD) as of Q3 2015, down from 9 in Q2 2015.
- Funds reported $436K of VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER stock for Q3 2015, up 1.9% quarter-over-quarter.
- 2 funds opened new VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER positions in Q3 2015 and 4 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 Q3 2015 was Morgan Stanley, an estimated $280K added.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER seller in Q3 2015 was Banque Pictet & Cie, an estimated $147K sold.
Based on aggregated 13F filings for Q3 2015.