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USLV

VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER

Delisted

USLV was delisted on the 2nd of July, 2020.

13 hedge funds and large institutions have $13M invested in VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 2

61% more capital invested

Capital invested by funds: $8.09M → $13M (+$4.95M)

7% less funds holding

Funds holding: 1413 (-1)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

Holders
13
Holders Change
-1
Holders Change %
-7.14%
% of All Funds
0.28%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
5
Reduced
2
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CS
1
Credit Suisse
Switzerland
$5.26M -$22.9K -370 -0.5%
Jane Street
2
Jane Street
New York
$2.2M +$1.31M +21,219 +173%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$2.02M +$1.91M +30,856 New
IMC Chicago
4
IMC Chicago
Illinois
$1.89M +$1.77M +28,705 New
VF
5
Virtu Financial
New York
$783K +$500K +8,095 +211%
HSBC Holdings
6
HSBC Holdings
United Kingdom
$395K
XS
7
XR Securities
Illinois
$223K -$40.4K -654 -16%
UBS Group
8
UBS Group
Switzerland
$194K +$4.88K +79 +3%
RE
9
RBC Europe
United Kingdom
$50.6K +$47K +760 +7,600%
TRCT
10
Tower Research Capital (TRC)
New York
$15K +$10.4K +168 +271%
HCM
11
Horrell Capital Management
Arkansas
$2K
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$1K
FTUS
13
Flow Traders U.S.
New York
-$531K -8,075 Closed
Citadel Advisors
14
Citadel Advisors
Florida
-$322K -4,898 Closed
EDRH
15
Edmond de Rothschild Holding
Switzerland
-$39K -600 Closed

USLV Hedge Fund Activity: Q2 2019 in Review

13 of the 4,605 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 2019, worth a combined $13M — up 61% from $8.09M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of USLV and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 5 added.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.91M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $531K sold.

  • 13 institutional investors held VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER (USLV) as of Q2 2019, down from 14 in Q1 2019.
  • Funds reported $13M of VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER stock for Q2 2019, up 61% quarter-over-quarter.
  • 2 funds opened new VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER positions in Q2 2019 and 3 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 Q2 2019 was Susquehanna International Group, an estimated $1.91M added.
  • The largest VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER seller in Q2 2019 was Flow Traders U.S., an estimated $531K sold.

Based on aggregated 13F filings for Q2 2019.