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 $93.9M invested in VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 3 closing their positions.
421% more capital invested
Capital invested by funds: $18M → $93.9M (+$75.9M)
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
38% more funds holding
Funds holding: 13 → 18 (+5)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$37.5M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$8.19M |
| 3 |
XS
XR Securities
Chicago,
Illinois
|
+$7.5M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$6.08M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$140K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$41.4K |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$38K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$16K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$4.66K |
UGLD Hedge Fund Activity: Q2 2020 in Review
18 of the 4,878 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 2020, worth a combined $93.9M — up 421% from $18M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new UGLD positions and 3 closed out — a net gain of 5 holders — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Jane Street, adding an estimated $37.5M. The largest seller was UBS Group, cutting an estimated $140K.
- 18 institutional investors held VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER (UGLD) as of Q2 2020, up from 13 in Q1 2020.
- Funds reported $93.9M of VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER stock for Q2 2020, up 421% quarter-over-quarter.
- 8 funds opened new VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER positions in Q2 2020 and 3 closed out, a net change of +5 holders.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER buyer in Q2 2020 was Jane Street, an estimated $37.5M added.
- The largest VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER seller in Q2 2020 was UBS Group, an estimated $140K sold.
Based on aggregated 13F filings for Q2 2020.