VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER
USLV
USLV was delisted on the 2nd of July, 2020.
13 hedge funds and large institutions have $1.28M invested in VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 4 closing their positions.
19% less funds holding
Funds holding: 16 → 13 (-3)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
85% less capital invested
Capital invested by funds: $8.41M → $1.28M (-$7.13M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$49.8K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
+$30.1K |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$6.01K |
| 4 |
Morgan Stanley
New York
|
+$301 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$816K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$598K |
| 4 |
VF
Virtu Financial
New York
|
-$564K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$236K |
USLV Hedge Fund Activity: Q4 2016 in Review
13 of the 4,001 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 Q4 2016, worth a combined $1.28M — down 85% from $8.41M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of USLV and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 1 added.
The largest buyer was UBS Group, adding an estimated $49.8K. The largest seller was Credit Suisse, cutting an estimated $1.5M.
- 13 institutional investors held VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER (USLV) as of Q4 2016, down from 16 in Q3 2016.
- Funds reported $1.28M of VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER stock for Q4 2016, down 85% quarter-over-quarter.
- 3 funds opened new VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER positions in Q4 2016 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 Q4 2016 was UBS Group, an estimated $49.8K added.
- The largest VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER seller in Q4 2016 was Credit Suisse, an estimated $1.5M sold.
Based on aggregated 13F filings for Q4 2016.