VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER
USLV
USLV was delisted on the 2nd of July, 2020.
6 hedge funds and large institutions have $6.62M invested in VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, reducing their positions, and 4 closing their positions.
149% more capital invested
Capital invested by funds: $2.65M → $6.62M (+$3.96M)
14% less funds holding
Funds holding: 7 → 6 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$1.68M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.49M |
| 3 |
AC
Altus Capital
Mayfield Heights,
Ohio
|
+$891K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$809K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$687K |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$284K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$82K |
| 4 |
VF
Virtu Financial
New York
|
-$59K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $3.24M | +$1.49M | +2,090 | +79% |
|
|
FTUS
2
Flow Traders U.S.
New York
| $1.6M | +$1.68M | +2,353 | New |
|
|
AC
3
Altus Capital
Mayfield Heights,
Ohio
| $853K | +$891K | +1,250 | New |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $775K | +$809K | +1,135 | New |
|
|
5
Creative Planning
Overland Park,
Kansas
| $133K | +$107K | +150 | +326% |
|
|
FNBT
6
FineMark National Bank & Trust
Fort Myers,
Florida
| $17K | – | – | – |
|
|
7
Jane Street
New York
| – | -$687K | -1,212 | Closed |
|
|
SI
8
Sprott Inc
Toronto,
Ontario, Canada
| – | -$284K | -500 | Closed |
|
|
U
9
UBS
Zurich,
Switzerland
| – | -$82K | -144 | Closed |
|
|
VF
10
Virtu Financial
New York
| – | -$59K | -105 | Closed |
|
USLV Hedge Fund Activity: Q3 2013 in Review
6 of the 3,085 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 Q3 2013, worth a combined $6.62M — up 149% from $2.65M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of USLV and 3 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 2 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $1.68M. The largest seller was Jane Street, exiting entirely with an estimated $687K sold.
- 6 institutional investors held VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER (USLV) as of Q3 2013, down from 7 in Q2 2013.
- Funds reported $6.62M of VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER stock for Q3 2013, up 149% quarter-over-quarter.
- 3 funds opened new VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER positions in Q3 2013 and 4 closed out, a net change of -1 holder.
- The largest VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER buyer in Q3 2013 was Flow Traders U.S., an estimated $1.68M added.
- The largest VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER seller in Q3 2013 was Jane Street, an estimated $687K sold.
Based on aggregated 13F filings for Q3 2013.