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 $10.2M invested in VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
8% more funds holding
Funds holding: 13 → 14 (+1)
22% less capital invested
Capital invested by funds: $13M → $10.2M (-$2.86M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.04M |
| 2 |
XS
XR Securities
Chicago,
Illinois
|
+$549K |
| 3 |
Renaissance Technologies
New York
|
+$282K |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
+$266K |
| 5 |
HI
Hudock Inc
Williamsport,
Pennsylvania
|
+$159K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.19M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$1.89M |
| 4 |
VF
Virtu Financial
New York
|
-$783K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$194K |
USLV Hedge Fund Activity: Q3 2019 in Review
14 of the 4,561 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 2019, worth a combined $10.2M — down 22% from $13M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new USLV positions and 6 closed out — a net gain of 1 holder — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.04M. The largest seller was Jane Street, exiting entirely with an estimated $2.2M sold.
- 14 institutional investors held VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER (USLV) as of Q3 2019, up from 13 in Q2 2019.
- Funds reported $10.2M of VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER stock for Q3 2019, down 22% quarter-over-quarter.
- 7 funds opened new VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER positions in Q3 2019 and 6 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 Q3 2019 was Citadel Advisors, an estimated $1.04M added.
- The largest VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER seller in Q3 2019 was Jane Street, an estimated $2.2M sold.
Based on aggregated 13F filings for Q3 2019.