VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER
USLV
USLV was delisted on the 2nd of July, 2020.
14 hedge funds and large institutions have $8.09M invested in VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 7 closing their positions.
30% less funds holding
Funds holding: 20 → 14 (-6)
57% less capital invested
Capital invested by funds: $18.9M → $8.09M (-$10.8M)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$361K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$103K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$2.03M |
| 2 |
XS
XR Securities
Chicago,
Illinois
|
-$1.66M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$1.63M |
| 4 |
HF
HRT Financial
New York
|
-$1.37M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.08M |
USLV Hedge Fund Activity: Q1 2019 in Review
14 of the 4,621 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 Q1 2019, worth a combined $8.09M — down 57% from $18.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of USLV and 1 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $361K. The largest seller was Virtu Financial, cutting an estimated $2.03M.
- 14 institutional investors held VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER (USLV) as of Q1 2019, down from 20 in Q4 2018.
- Funds reported $8.09M of VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER stock for Q1 2019, down 57% quarter-over-quarter.
- 1 fund opened new VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER positions in Q1 2019 and 7 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 Q1 2019 was Citadel Advisors, an estimated $361K added.
- The largest VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER seller in Q1 2019 was Virtu Financial, an estimated $2.03M sold.
Based on aggregated 13F filings for Q1 2019.