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DWTI

VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return

Delisted

DWTI was delisted on the 8th of December, 2016.

16 hedge funds and large institutions have $110M invested in VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

449% more capital invested

Capital invested by funds: $20M → $110M (+$89.8M)

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

14% more funds holding

Funds holding: 1416 (+2)

33% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 3

Holders
16
Holders Change
+2
Holders Change %
+14.29%
% of All Funds
0.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
2
Reduced
3
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CS
1
Credit Suisse
Switzerland
$85.2M +$99.8M +800,000 New
VF
2
Virtu Financial
New York
$11.8M +$12.6M +100,653 +978%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$3.67M -$3.21M -25,716 -43%
BRWA
4
B. Riley Wealth Advisors
Florida
$3.01M +$3.53M +28,290 New
VKH
5
Virtu KCG Holdings
New York
$1.77M +$1.45M +11,644 +232%
UCFA
6
United Capital Financial Advisors
Texas
$1.3M +$1.52M +12,167 New
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$1.28M +$1.5M +12,029 New
Jane Street
8
Jane Street
New York
$1.24M -$14M -112,382 -91%
QC
9
QCM Cayman
Texas
$256K +$300K +2,407 New
UBS Group
10
UBS Group
Switzerland
$68K +$79.8K +640 New
Citigroup
11
Citigroup
New York
$67K -$176K -1,411 -69%
ASN
12
Advisory Services Network
Georgia
$21K
WCM
13
Windsor Capital Management
Arizona
$15K +$18.7K +150 New
VIA
14
Vantage Investment Advisors
Pennsylvania
$6K +$74.9K +600 New
WAS
15
Winch Advisory Services
Wisconsin
$2K +$2.12K +17 New
FTUS
16
Flow Traders U.S.
New York
-$2.05M -31,021 Closed
Citadel Advisors
17
Citadel Advisors
Florida
-$1.18M -17,949 Closed
CT
18
CMT Trading
Illinois
-$1.11M -16,860 Closed
OMC
19
Old Mission Capital
Illinois
-$991K -15,022 Closed
JT
20
Jump Trading
Illinois
-$986K -14,940 Closed
Goldman Sachs
21
Goldman Sachs
New York
-$312K -4,733 Closed
Bank of America
22
Bank of America
North Carolina
-$20K -300 Closed

DWTI Hedge Fund Activity: Q3 2015 in Review

16 of the 3,583 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 Q3 2015, worth a combined $110M — up 449% from $20M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new DWTI positions and 7 closed out — a net gain of 2 holders — while 2 added to existing stakes and 3 trimmed.

The largest buyer was Credit Suisse, opening a new position worth an estimated $99.8M. The largest seller was Jane Street, cutting an estimated $14M.

  • 16 institutional investors held VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return (DWTI) as of Q3 2015, up from 14 in Q2 2015.
  • Funds reported $110M of VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return stock for Q3 2015, up 449% quarter-over-quarter.
  • 9 funds opened new VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return positions in Q3 2015 and 7 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 Q3 2015 was Credit Suisse, an estimated $99.8M added.
  • The largest VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return seller in Q3 2015 was Jane Street, an estimated $14M sold.

Based on aggregated 13F filings for Q3 2015.