VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER
USLV
USLV was delisted on the 2nd of July, 2020.
22 hedge funds and large institutions have $147M invested in VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.
1,091% more capital invested
Capital invested by funds: $12.3M → $147M (+$134M)
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
47% more funds holding
Funds holding: 15 → 22 (+7)
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$56.2M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$9.97M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$7.93M |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
+$5.61M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$643K |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$219K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$40.2K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$15.6K |
| 5 |
Morgan Stanley
New York
|
-$9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -100 | Closed |
|
|
RE
27
RBC Europe
London,
United Kingdom
| – | -$365 | -10 | Closed |
|
USLV Hedge Fund Activity: Q2 2020 in Review
22 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER (USLV) for Q2 2020, worth a combined $147M — up 1,091% from $12.3M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new USLV positions and 5 closed out — a net gain of 7 holders — while 4 added to existing stakes and 3 trimmed.
The largest buyer was Jane Street, adding an estimated $56.2M. The largest seller was Citadel Advisors, exiting entirely with an estimated $643K sold.
- 22 institutional investors held VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER (USLV) as of Q2 2020, up from 15 in Q1 2020.
- Funds reported $147M of VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER stock for Q2 2020, up 1,091% quarter-over-quarter.
- 12 funds opened new VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER positions in Q2 2020 and 5 closed out, a net change of +7 holders.
- The largest VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER buyer in Q2 2020 was Jane Street, an estimated $56.2M added.
- The largest VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER seller in Q2 2020 was Citadel Advisors, an estimated $643K sold.
Based on aggregated 13F filings for Q2 2020.