Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033
SLVO
5 hedge funds and large institutions have $7.24M invested in Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033 in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, reducing their positions, and 2 closing their positions.
28% less capital invested
Capital invested by funds: $10M → $7.24M (-$2.79M)
29% less funds holding
Funds holding: 7 → 5 (-2)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
RPG Investment Advisory
Pleasanton,
California
|
+$999K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$132K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$57.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$30K |
| 2 |
WRM
Westport Resources Management
Westport,
Connecticut
|
-$8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
1
RPG Investment Advisory
Pleasanton,
California
| $5.36M | +$999K | +5,216 | +23% |
|
|
CS
2
Credit Suisse
Zurich,
Switzerland
| $1.7M | +$57.5K | +300 | +4% |
|
|
RJFSA
3
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| $133K | +$132K | +689 | New |
|
|
LTFS
4
Ladenburg Thalmann Financial Services
Miami,
Florida
| $28K | – | – | – |
|
|
BBPWM
5
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $16K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| – | -$30K | -163 | Closed |
|
|
WRM
7
Westport Resources Management
Westport,
Connecticut
| – | -$8K | -42 | Closed |
|
SLVO Hedge Fund Activity: Q1 2016 in Review
5 of the 3,753 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 Q1 2016, worth a combined $7.24M — down 28% from $10M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SLVO and 1 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 2 added.
The largest buyer was RPG Investment Advisory, adding an estimated $999K. The largest seller was UBS Group, exiting entirely with an estimated $30K sold.
- 5 institutional investors held Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033 (SLVO) as of Q1 2016, down from 7 in Q4 2015.
- Funds reported $7.24M of Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033 stock for Q1 2016, down 28% quarter-over-quarter.
- 1 fund opened new Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033 positions in Q1 2016 and 2 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 Q1 2016 was RPG Investment Advisory, an estimated $999K added.
- The largest Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033 seller in Q1 2016 was UBS Group, an estimated $30K sold.
Based on aggregated 13F filings for Q1 2016.