Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033
SLVO
7 hedge funds and large institutions have $10M invested in Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033 in 2015 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 0 reducing their positions, and 3 closing their positions.
204% more capital invested
Capital invested by funds: $3.31M → $10M (+$6.73M)
13% less funds holding
Funds holding: 8 → 7 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
+$2.35M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.02M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$28.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$16.9K |
| 5 |
WRM
Westport Resources Management
Westport,
Connecticut
|
+$397 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$360K |
| 2 |
VF
Virtu Financial
New York
|
-$167K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
1
RPG Investment Advisory
Pleasanton,
California
| $4.23M | +$4.49M | +22,635 | New |
|
|
VCAM
2
Valentine Capital Asset Management
Danville,
California
| $4.13M | +$2.35M | +11,826 | +115% |
|
|
CS
3
Credit Suisse
Zurich,
Switzerland
| $1.59M | +$1.02M | +5,150 | +152% |
|
|
4
UBS Group
Zurich,
Switzerland
| $30K | +$16.9K | +85 | +109% |
|
|
LTFS
5
Ladenburg Thalmann Financial Services
Miami,
Florida
| $27K | +$28.8K | +145 | New |
|
|
BBPWM
6
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $16K | – | – | – |
|
|
WRM
7
Westport Resources Management
Westport,
Connecticut
| $8K | +$397 | +2 | +5% |
|
|
8
Jane Street
New York
| – | -$360K | -1,812 | Closed |
|
|
VF
9
Virtu Financial
New York
| – | -$167K | -839 | Closed |
|
|
10
Envestnet Asset Management
Chicago,
Illinois
| – | -$21K | -105 | Closed |
|
SLVO Hedge Fund Activity: Q4 2015 in Review
7 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033 (SLVO) for Q4 2015, worth a combined $10M — up 204% from $3.31M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SLVO and 2 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 4 added.
The largest buyer was Valentine Capital Asset Management, adding an estimated $2.35M. The largest seller was Jane Street, exiting entirely with an estimated $360K sold.
- 7 institutional investors held Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033 (SLVO) as of Q4 2015, down from 8 in Q3 2015.
- Funds reported $10M of Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033 stock for Q4 2015, up 204% quarter-over-quarter.
- 2 funds opened new Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033 positions in Q4 2015 and 3 closed out, a net change of -1 holder.
- The largest Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033 buyer in Q4 2015 was Valentine Capital Asset Management, an estimated $2.35M added.
- The largest Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033 seller in Q4 2015 was Jane Street, an estimated $360K sold.
Based on aggregated 13F filings for Q4 2015.