VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER
UGLD
UGLD was delisted on the 2nd of July, 2020.
18 hedge funds and large institutions have $17.9M invested in VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
6% more funds holding
Funds holding: 17 → 18 (+1)
4% less capital invested
Capital invested by funds: $18.6M → $17.9M (-$685K)
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$380K |
| 2 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
+$212K |
| 3 |
RA
Rational Advisors
Huntington,
New York
|
+$106K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$17K |
| 5 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
+$3.17K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$917K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$253K |
| 3 |
Millennium Management
New York
|
-$246K |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$231K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$113K |
UGLD Hedge Fund Activity: Q4 2017 in Review
18 of the 4,410 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 2017, worth a combined $17.9M — down 3.7% from $18.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new UGLD positions and 3 closed out — a net gain of 1 holder — while 1 added to existing stakes and 7 trimmed.
The largest buyer was Jane Street, adding an estimated $380K. The largest seller was Virtu Financial, cutting an estimated $917K.
- 18 institutional investors held VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER (UGLD) as of Q4 2017, up from 17 in Q3 2017.
- Funds reported $17.9M of VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER stock for Q4 2017, down 3.7% quarter-over-quarter.
- 4 funds opened new VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER positions in Q4 2017 and 3 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 Q4 2017 was Jane Street, an estimated $380K added.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER seller in Q4 2017 was Virtu Financial, an estimated $917K sold.
Based on aggregated 13F filings for Q4 2017.