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

Trellus Management Company’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
2020 Q1	–	Sell	-6,380	Closed	-$586K	–	91
2019 Q4	$586K	Buy	+6,380	New	+$549K	0.98%	31
2018 Q4	–	Sell	-11,550	Closed	-$754K	–	73
2018 Q3	$754K	Buy	11,550 +4,850	+72%	+$350K	1.09%	29
2018 Q2	$608K	Buy	6,700 +2,660	+66%	+$268K	0.9%	35
2018 Q1	$400K	Buy	4,040 +420	+12%	+$45.9K	0.73%	38
2017 Q4	$420K	Buy	+3,620	New	+$412K	0.57%	47

Other funds holding USLV

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

IMC Chicago Chicago, Illinois $278B AUM 44.93% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

FTUS

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

NAM

Nexpoint Asset Management Dallas, Texas $1.49B AUM 61.08% 1-Year Est. Return

HSBC Holdings London, United Kingdom $192B AUM 27.2% 1-Year Est. Return

TRCT

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

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

Trellus Management Company's USLV Position: Q1 2020 in Review

Trellus Management Company sold out of VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER (USLV) in Q1 2020, closing a stake of 6,380 shares — an estimated $586K sold.

Trellus Management Company first reported a position in USLV in Q4 2017 and held it in 5 quarters. The position peaked at $754K in Q3 2018. 15 funds tracked by Wall St. Rank hold USLV as of Q1 2020.

Trellus Management Company reported no remaining VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER position as of Q1 2020 after selling out during the quarter.
Trellus Management Company sold 6,380 VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER shares in Q1 2020, an estimated $586K.
Trellus Management Company first reported a position in VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER in Q4 2017 and held it in 5 quarters.
Trellus Management Company's VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER position peaked at $754K in Q3 2018.
15 funds tracked by Wall St. Rank held VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER as of Q1 2020.

Based on Trellus Management Company's 13F filing for Q1 2020, filed 6 May 2020.