VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER
UGLD
UGLD was delisted on the 2nd of July, 2020.
20 hedge funds and large institutions have $19.9M invested in VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
11% more capital invested
Capital invested by funds: $17.9M → $19.9M (+$2.03M)
11% more funds holding
Funds holding: 18 → 20 (+2)
1.81% more ownership
Funds ownership: 15.24% → 17.05% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$2.07M |
| 2 |
Jane Street
New York
|
+$1M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$481K |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
+$345K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$1.03M |
| 2 |
Millennium Management
New York
|
-$738K |
| 3 |
RIA
RPG Investment Advisory
Pleasanton,
California
|
-$488K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$435K |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$10.6K |
UGLD Hedge Fund Activity: Q1 2018 in Review
20 of the 4,373 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 Q1 2018, worth a combined $19.9M — up 11% from $17.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new UGLD positions and 3 closed out — a net gain of 2 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Virtu Financial, adding an estimated $2.07M. The largest seller was KGH Ltd, cutting an estimated $1.03M.
- 20 institutional investors held VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER (UGLD) as of Q1 2018, up from 18 in Q4 2017.
- Funds reported $19.9M of VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER stock for Q1 2018, up 11% quarter-over-quarter.
- 5 funds opened new VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER positions in Q1 2018 and 3 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 Q1 2018 was Virtu Financial, an estimated $2.07M added.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER seller in Q1 2018 was KGH Ltd, an estimated $1.03M sold.
Based on aggregated 13F filings for Q1 2018.