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.
10 hedge funds and large institutions have $343M invested in VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return in 2015 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 0 reducing their positions, and 8 closing their positions.
213% more capital invested
Capital invested by funds: $110M → $343M (+$233M)
38% less funds holding
Funds holding: 16 → 10 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$103M |
| 2 |
Jane Street
New York
|
+$7.59M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$2.92M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$619K |
| 5 |
Millennium Management
New York
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$11.8M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$3.01M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$1.77M |
| 4 |
QC
QCM Cayman
Houston,
Texas
|
-$256K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$68K |
DWTI Hedge Fund Activity: Q4 2015 in Review
10 of the 3,824 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 Q4 2015, worth a combined $343M — up 213% from $110M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DWTI and 2 opened new positions — a net loss of 6 holders — while 0 trimmed existing stakes and 6 added.
The largest buyer was Credit Suisse, adding an estimated $103M. The largest seller was Virtu Financial, exiting entirely with an estimated $11.8M sold.
- 10 institutional investors held VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return (DWTI) as of Q4 2015, down from 16 in Q3 2015.
- Funds reported $343M of VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return stock for Q4 2015, up 213% quarter-over-quarter.
- 2 funds opened new VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return positions in Q4 2015 and 8 closed out, a net change of -6 holders.
- The largest VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return buyer in Q4 2015 was Credit Suisse, an estimated $103M added.
- The largest VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return seller in Q4 2015 was Virtu Financial, an estimated $11.8M sold.
Based on aggregated 13F filings for Q4 2015.