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

BMI 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
2014 Q3	$1.42M	Sell	5,259 -156	-3%	-$67.3K	2.84%	7
2014 Q2	$2.89M	Sell	5,415 -189	-3%	-$83.1K	4.86%	7
2014 Q1	$2.56M	Buy	+5,604	New	+$2.89M	4.34%	6

Other funds holding USLV

Altus Capital Mayfield Heights, Ohio $22.6M AUM 34.75% 1-Year Est. Return

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

Jump Trading Chicago, Illinois $150M AUM 17.61% 1-Year Est. Return

UBS Zurich, Switzerland $136B AUM 16.36% 1-Year Est. Return

Creative Planning Overland Park, Kansas $147B AUM 18.73% 1-Year Est. Return

TRCT

Tower Research Capital (TRC) New York $3.85B AUM 32.11% 1-Year Est. Return

FNBT

FineMark National Bank & Trust Fort Myers, Florida $3.2B AUM 18.28% 1-Year Est. Return

TFA

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

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

BMI Capital's USLV Position: Q3 2014 in Review

BMI Capital reduced its VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER (USLV) stake by 2.9% in Q3 2014, selling an estimated $67.3K and leaving 5,259 shares worth $1.42M. The position accounts for 2.84% of the portfolio, ranked #7.

BMI Capital first reported a position in USLV in Q1 2014 and has held it in 3 quarters since. The position peaked at $2.89M in Q2 2014. 12 funds tracked by Wall St. Rank hold USLV as of Q3 2014.

BMI Capital held 5,259 shares of VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER worth $1.42M as of Q3 2014.
BMI Capital sold 156 VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER shares in Q3 2014, an estimated $67.3K.
VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER made up 2.84% of BMI Capital's portfolio in Q3 2014, its #7 holding.
BMI Capital first reported a position in VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER in Q1 2014 and has held it in 3 quarters since.
BMI Capital's VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER position peaked at $2.89M in Q2 2014.
12 funds tracked by Wall St. Rank held VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER as of Q3 2014.

Based on BMI Capital's 13F filing for Q3 2014, filed 14 Nov 2014.