VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER
USLV
USLV was delisted on the 2nd of July, 2020.
4 hedge funds and large institutions have $115K invested in VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 4 closing their positions.
43% less funds holding
Funds holding: 7 → 4 (-3)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
95% less capital invested
Capital invested by funds: $2.31M → $115K (-$2.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$104K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$1.76K |
| 3 |
First Manhattan
New York
|
+$677 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$242K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$82K |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$2K |
| 4 |
Morgan Stanley
New York
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHC
1
First Heartland Consultants
Lake St. Louis,
Missouri
| $112K | +$104K | +770 | +77% |
|
|
2
Creative Planning
Overland Park,
Kansas
| $2K | +$1.76K | +13 | New |
|
|
LTFS
3
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
FTUS
4
Flow Traders U.S.
New York
| – | -$242K | -1,481 | Closed |
|
|
5
Bank of America
Charlotte,
North Carolina
| – | -$82K | -500 | Closed |
|
|
TFA
6
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$2K | -10 | Closed |
|
|
7
Morgan Stanley
New York
| – | -$1K | -6 | Closed |
|
|
8
First Manhattan
New York
| – | +$677 | +5 | New |
|
USLV Hedge Fund Activity: Q3 2015 in Review
4 of the 3,583 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 2015, worth a combined $115K — down 95% from $2.31M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of USLV and 2 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was First Heartland Consultants, adding an estimated $104K. The largest seller was Flow Traders U.S., exiting entirely with an estimated $242K sold.
- 4 institutional investors held VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER (USLV) as of Q3 2015, down from 7 in Q2 2015.
- Funds reported $115K of VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER stock for Q3 2015, down 95% quarter-over-quarter.
- 2 funds opened new VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER positions in Q3 2015 and 4 closed out, a net change of -2 holders.
- The largest VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER buyer in Q3 2015 was First Heartland Consultants, an estimated $104K added.
- The largest VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER seller in Q3 2015 was Flow Traders U.S., an estimated $242K sold.
Based on aggregated 13F filings for Q3 2015.