VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER
DWT
DWT was delisted on the 2nd of April, 2020.
14 hedge funds and large institutions have $68.7M invested in VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 5 closing their positions.
13% less funds holding
Funds holding: 16 → 14 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
73% less capital invested
Capital invested by funds: $254M → $68.7M (-$185M)
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
117.18% less ownership
Funds ownership: 203.59% → 86.41% (-117%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$4.85M |
| 2 |
FNT
First National Trust
Hermitage,
Pennsylvania
|
+$1.26M |
| 3 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$230K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$65.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$61.6M |
| 2 |
Jane Street
New York
|
-$35.4M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.4M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$7.09M |
| 5 |
HF
HRT Financial
New York
|
-$5.41M |
DWT Hedge Fund Activity: Q4 2019 in Review
14 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER (DWT) for Q4 2019, worth a combined $68.7M — down 73% from $254M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DWT and 3 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 1 added.
The largest buyer was GMT Capital, adding an estimated $4.85M. The largest seller was Citigroup, cutting an estimated $61.6M.
- 14 institutional investors held VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER (DWT) as of Q4 2019, down from 16 in Q3 2019.
- Funds reported $68.7M of VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER stock for Q4 2019, down 73% quarter-over-quarter.
- 3 funds opened new VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER positions in Q4 2019 and 5 closed out, a net change of -2 holders.
- The largest VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER buyer in Q4 2019 was GMT Capital, an estimated $4.85M added.
- The largest VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER seller in Q4 2019 was Citigroup, an estimated $61.6M sold.
Based on aggregated 13F filings for Q4 2019.