VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER
USLV
USLV was delisted on the 2nd of July, 2020.
10 hedge funds and large institutions have $8.14M invested in VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER in 2018 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
6% less capital invested
Capital invested by funds: $8.65M → $8.14M (-$510K)
38% less funds holding
Funds holding: 16 → 10 (-6)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$270K |
| 2 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
+$268K |
| 3 |
Jane Street
New York
|
+$97.9K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.03K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$135K |
| 2 |
GCA
Greenwood Capital Associates
Greenwood,
South Carolina
|
-$129K |
| 3 |
HF
HRT Financial
New York
|
-$109K |
| 4 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
-$20.2K |
| 5 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $6.36M | +$4.03K | +40 | +0.1% |
|
|
TMC
2
Trellus Management Company
Delray Beach,
Florida
| $608K | +$268K | +2,660 | +66% |
|
3
HSBC Holdings
London,
United Kingdom
| $545K | – | – | – |
|
|
4
Citadel Advisors
Miami,
Florida
| $360K | +$270K | +2,683 | +209% |
|
|
5
Jane Street
New York
| $204K | +$97.9K | +971 | +76% |
|
|
EDRH
6
Edmond de Rothschild Holding
Chambesy,
Switzerland
| $54K | -$20.2K | -200 | -25% |
|
|
HCM
7
Horrell Capital Management
Little Rock,
Arkansas
| $3K | -$1.01K | -10 | -25% |
|
8
CIBC Private Wealth Group
Atlanta,
Georgia
| $1K | – | – | – |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
RE
10
RBC Europe
London,
United Kingdom
| $908 | – | – | – |
|
|
VF
11
Virtu Financial
New York
| – | -$135K | -1,362 | Closed |
|
|
GCA
12
Greenwood Capital Associates
Greenwood,
South Carolina
| – | -$129K | -1,300 | Closed |
|
|
HF
13
HRT Financial
New York
| – | -$109K | -1,101 | Closed |
|
|
VCM
14
Virtue Capital Management
Brentwood,
Tennessee
| – | -$3K | -30 | Closed |
|
USLV Hedge Fund Activity: Q2 2018 in Review
10 of the 4,369 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 2018, worth a combined $8.14M — down 5.9% from $8.65M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of USLV and 0 opened new positions — a net loss of 6 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was Citadel Advisors, adding an estimated $270K. The largest seller was Virtu Financial, exiting entirely with an estimated $135K sold.
- 10 institutional investors held VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER (USLV) as of Q2 2018, down from 16 in Q1 2018.
- Funds reported $8.14M of VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER stock for Q2 2018, down 5.9% quarter-over-quarter.
- 0 funds opened new VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER positions in Q2 2018 and 6 closed out, a net change of -6 holders.
- The largest VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER buyer in Q2 2018 was Citadel Advisors, an estimated $270K added.
- The largest VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER seller in Q2 2018 was Virtu Financial, an estimated $135K sold.
Based on aggregated 13F filings for Q2 2018.