VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER
UGLD
UGLD was delisted on the 2nd of July, 2020.
12 hedge funds and large institutions have $25.8M invested in VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 7 closing their positions.
321% more capital invested
Capital invested by funds: $6.12M → $25.8M (+$19.7M)
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
0% more funds holding
Funds holding: 12 → 12 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$9.37M |
| 2 |
Millennium Management
New York
|
+$7.01M |
| 3 |
RIA
RPG Investment Advisory
Pleasanton,
California
|
+$2.42M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
+$198K |
| 5 |
JT
Jump Trading
Chicago,
Illinois
|
+$17.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$842K |
| 2 |
VF
Virtu Financial
New York
|
-$509K |
| 3 |
Jane Street
New York
|
-$478K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$393K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$274K |
UGLD Hedge Fund Activity: Q2 2016 in Review
12 of the 3,749 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 2016, worth a combined $25.8M — up 321% from $6.12M a quarter earlier.
Fund positioning in UGLD was balanced in Q2 2016: 7 funds opened new positions, 7 closed out, 3 added to existing stakes and 1 trimmed.
The largest buyer was KGH Ltd, opening a new position worth an estimated $9.37M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $842K sold.
- 12 institutional investors held VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER (UGLD) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $25.8M of VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER stock for Q2 2016, up 321% quarter-over-quarter.
- 7 funds opened new VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER positions in Q2 2016 and 7 closed out, a net change of 0 holders.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER buyer in Q2 2016 was KGH Ltd, an estimated $9.37M added.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER seller in Q2 2016 was Flow Traders U.S., an estimated $842K sold.
Based on aggregated 13F filings for Q2 2016.