VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER
USLV
USLV was delisted on the 2nd of July, 2020.
15 hedge funds and large institutions have $12.3M invested in VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 7 closing their positions.
2.81% more ownership
Funds ownership: 11.31% → 14.12% (+2.8%)
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
21% less funds holding
Funds holding: 19 → 15 (-4)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
50% less capital invested
Capital invested by funds: $24.8M → $12.3M (-$12.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.62M |
| 2 |
Jane Street
New York
|
+$2.24M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$697K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$377K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$76.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XS
XR Securities
Chicago,
Illinois
|
-$2.14M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$1.42M |
| 3 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$1.18M |
| 4 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
-$586K |
| 5 |
HI
Hudock Inc
Williamsport,
Pennsylvania
|
-$328K |
USLV Hedge Fund Activity: Q1 2020 in Review
15 of the 4,547 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 2020, worth a combined $12.3M — down 50% from $24.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of USLV and 4 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was Credit Suisse, adding an estimated $7.62M. The largest seller was XR Securities, exiting entirely with an estimated $2.14M sold.
- 15 institutional investors held VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER (USLV) as of Q1 2020, down from 19 in Q4 2019.
- Funds reported $12.3M of VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER stock for Q1 2020, down 50% quarter-over-quarter.
- 4 funds opened new VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER positions in Q1 2020 and 7 closed out, a net change of -3 holders.
- The largest VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER buyer in Q1 2020 was Credit Suisse, an estimated $7.62M added.
- The largest VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER seller in Q1 2020 was XR Securities, an estimated $2.14M sold.
Based on aggregated 13F filings for Q1 2020.