VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return
DWTI
DWTI was delisted on the 8th of December, 2016.
14 hedge funds and large institutions have $20M invested in VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
17% more funds holding
Funds holding: 12 → 14 (+2)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
49% less capital invested
Capital invested by funds: $38.9M → $20M (-$19M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.55M |
| 2 |
Jane Street
New York
|
+$1.39M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.08M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$666K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$361K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.66M |
| 2 |
CT
CMT Trading
Chicago,
Illinois
|
-$966K |
| 3 |
VF
Virtu Financial
New York
|
-$460K |
| 4 |
JT
Jump Trading
Chicago,
Illinois
|
-$435K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$282K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $8.19M | +$1.39M | +19,325 | +18% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $3.97M | +$3.55M | +49,376 | +457% |
|
|
FTUS
3
Flow Traders U.S.
New York
| $2.05M | -$86.7K | -1,206 | -4% |
|
|
4
Citadel Advisors
Miami,
Florida
| $1.18M | +$666K | +9,255 | +106% |
|
|
CT
5
CMT Trading
Chicago,
Illinois
| $1.11M | -$966K | -13,436 | -44% |
|
|
OMC
6
Old Mission Capital
Chicago,
Illinois
| $991K | +$1.08M | +15,022 | New |
|
|
JT
7
Jump Trading
Chicago,
Illinois
| $986K | -$435K | -6,045 | -29% |
|
|
VF
8
Virtu Financial
New York
| $679K | -$460K | -6,392 | -38% |
|
|
VKH
9
Virtu KCG Holdings
New York
| $331K | +$361K | +5,016 | New |
|
10
Goldman Sachs
New York
| $312K | +$340K | +4,733 | New |
|
11
Citigroup
New York
| $135K | +$147K | +2,042 | New |
|
12
Bank of America
Charlotte,
North Carolina
| $20K | – | – | – |
|
|
ASN
13
Advisory Services Network
Atlanta,
Georgia
| $15K | -$575 | -8 | -4% |
|
|
CS
14
Credit Suisse
Zurich,
Switzerland
| – | -$8.66M | -65,000 | Closed |
|
|
15
UBS Group
Zurich,
Switzerland
| – | -$282K | -2,117 | Closed |
|
DWTI Hedge Fund Activity: Q2 2015 in Review
14 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return (DWTI) for Q2 2015, worth a combined $20M — down 49% from $38.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DWTI positions and 2 closed out — a net gain of 2 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $3.55M. The largest seller was Credit Suisse, exiting entirely with an estimated $8.66M sold.
- 14 institutional investors held VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return (DWTI) as of Q2 2015, up from 12 in Q1 2015.
- Funds reported $20M of VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return stock for Q2 2015, down 49% quarter-over-quarter.
- 4 funds opened new VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return positions in Q2 2015 and 2 closed out, a net change of +2 holders.
- The largest VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return buyer in Q2 2015 was Susquehanna International Group, an estimated $3.55M added.
- The largest VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return seller in Q2 2015 was Credit Suisse, an estimated $8.66M sold.
Based on aggregated 13F filings for Q2 2015.