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 $16.4M invested in VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 3 closing their positions.
0% more funds holding
Funds holding: 13 → 13 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
40% less capital invested
Capital invested by funds: $27.3M → $16.4M (-$10.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.27M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$152K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$48.5K |
| 4 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$20.6K |
| 5 |
FWM
Focused Wealth Management
Newburgh,
New York
|
+$4.35K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$1.2M |
| 2 |
Jane Street
New York
|
-$639K |
| 3 |
Millennium Management
New York
|
-$591K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$239K |
| 5 |
VF
Virtu Financial
New York
|
-$191K |
UGLD Hedge Fund Activity: Q4 2016 in Review
13 of the 4,001 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 Q4 2016, worth a combined $16.4M — down 40% from $27.3M a quarter earlier.
Fund positioning in UGLD was balanced in Q4 2016: 3 funds opened new positions, 3 closed out, 4 added to existing stakes and 4 trimmed.
The largest buyer was Credit Suisse, adding an estimated $1.27M. The largest seller was KGH Ltd, cutting an estimated $1.2M.
- 13 institutional investors held VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER (UGLD) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $16.4M of VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER stock for Q4 2016, down 40% quarter-over-quarter.
- 3 funds opened new VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER positions in Q4 2016 and 3 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 Q4 2016 was Credit Suisse, an estimated $1.27M added.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER seller in Q4 2016 was KGH Ltd, an estimated $1.2M sold.
Based on aggregated 13F filings for Q4 2016.