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.
18 hedge funds and large institutions have $103M invested in VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
80% more funds holding
Funds holding: 10 → 18 (+8)
70% less capital invested
Capital invested by funds: $343M → $103M (-$240M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$65.2M |
| 2 |
VF
Virtu Financial
New York
|
+$4.27M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$4.21M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$1.52M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$339M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.04M |
| 3 |
Millennium Management
New York
|
-$567K |
| 4 |
VIA
Vantage Investment Advisors
State College,
Pennsylvania
|
-$5K |
DWTI Hedge Fund Activity: Q1 2016 in Review
18 of the 3,767 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 Q1 2016, worth a combined $103M — down 70% from $343M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DWTI positions and 2 closed out — a net gain of 8 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Jane Street, adding an estimated $65.2M. The largest seller was Credit Suisse, cutting an estimated $339M.
- 18 institutional investors held VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return (DWTI) as of Q1 2016, up from 10 in Q4 2015.
- Funds reported $103M of VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return stock for Q1 2016, down 70% quarter-over-quarter.
- 10 funds opened new VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return positions in Q1 2016 and 2 closed out, a net change of +8 holders.
- The largest VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return buyer in Q1 2016 was Jane Street, an estimated $65.2M added.
- The largest VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return seller in Q1 2016 was Credit Suisse, an estimated $339M sold.
Based on aggregated 13F filings for Q1 2016.