VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER
UGLD
UGLD was delisted on the 2nd of July, 2020.
13 hedge funds and large institutions have $27.3M invested in VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 4 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
8% more funds holding
Funds holding: 12 → 13 (+1)
6% more capital invested
Capital invested by funds: $25.8M → $27.3M (+$1.48M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$3.57M |
| 2 |
Millennium Management
New York
|
+$1.44M |
| 3 |
Jane Street
New York
|
+$672K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$322K |
| 5 |
VF
Virtu Financial
New York
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3M |
| 2 |
JT
Jump Trading
Chicago,
Illinois
|
-$290K |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$226K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$89.3K |
| 5 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
-$11K |
UGLD Hedge Fund Activity: Q3 2016 in Review
13 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 Q3 2016, worth a combined $27.3M — up 5.8% from $25.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new UGLD positions and 4 closed out — a net gain of 1 holder — while 5 added to existing stakes and 2 trimmed.
The largest buyer was KGH Ltd, adding an estimated $3.57M. The largest seller was Credit Suisse, cutting an estimated $3M.
- 13 institutional investors held VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER (UGLD) as of Q3 2016, up from 12 in Q2 2016.
- Funds reported $27.3M of VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER stock for Q3 2016, up 5.8% quarter-over-quarter.
- 5 funds opened new VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER positions in Q3 2016 and 4 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 Q3 2016 was KGH Ltd, an estimated $3.57M added.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER seller in Q3 2016 was Credit Suisse, an estimated $3M sold.
Based on aggregated 13F filings for Q3 2016.