Altus Capital’s VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER USLV Stock Holding History

Altus Capital’s Portfolio USLV Stock Details USLV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	$1.98M	Sell	12,133 -1,217	-9%	-$234K	8.79%	3
2015 Q1	$2.77M	Buy	13,350 +800	+6%	+$176K	10.44%	4
2014 Q4	$2.38M	Buy	12,550 +3,200	+34%	+$758K	7.07%	5
2014 Q3	$2.52M	Buy	9,350 +3,870	+71%	+$1.67M	4.68%	6
2014 Q2	$2.93M	Sell	5,480 -245	-4%	-$108K	4.5%	6
2014 Q1	$2.61M	Sell	5,725 -100	-2%	-$51.6K	3.34%	7
2013 Q4	$2.63M	Buy	5,825 +4,575	+366%	+$2.69M	3.01%	8
2013 Q3	$853K	Buy	+1,250	New	+$891K	0.98%	18

Other funds holding USLV

FTUS

Flow Traders U.S. New York $3.16B AUM 19.52% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

TFA

Transamerica Financial Advisors St. Petersburg, Florida $1.17B AUM 23.36% 1-Year Est. Return

LTFS

Ladenburg Thalmann Financial Services Miami, Florida $15.9B AUM 25.16% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

FHC

First Heartland Consultants Lake St. Louis, Missouri $1.55B AUM 20.5% 1-Year Est. Return

Altus Capital's USLV Position: Q2 2015 in Review

Altus Capital reduced its VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER (USLV) stake by 9.1% in Q2 2015, selling an estimated $234K and leaving 12,133 shares worth $1.98M. The position accounts for 8.79% of the portfolio, ranked #3.

Altus Capital first reported a position in USLV in Q3 2013 and has held it in 8 quarters since. The position peaked at $2.93M in Q2 2014. 7 funds tracked by Wall St. Rank hold USLV as of Q2 2015.

Altus Capital held 12,133 shares of VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER worth $1.98M as of Q2 2015.
Altus Capital sold 1,217 VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER shares in Q2 2015, an estimated $234K.
VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER made up 8.79% of Altus Capital's portfolio in Q2 2015, its #3 holding.
Altus Capital first reported a position in VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER in Q3 2013 and has held it in 8 quarters since.
Altus Capital's VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER position peaked at $2.93M in Q2 2014.
7 funds tracked by Wall St. Rank held VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER as of Q2 2015.

Based on Altus Capital's 13F filing for Q2 2015, filed 23 Jul 2015.