VelocityShares3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER
UWT
UWT was delisted on the 2nd of April, 2020.
14 hedge funds and large institutions have $23.8M invested in VelocityShares3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER in 2019 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 14 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
18% less funds holding
Funds holding: 17 → 14 (-3)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
82% less capital invested
Capital invested by funds: $136M → $23.8M (-$112M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$2.67M |
| 2 |
JT
Jump Trading
Chicago,
Illinois
|
+$628K |
| 3 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$510K |
| 4 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
+$338K |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$287K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$60.5M |
| 2 |
Jane Street
New York
|
-$17.1M |
| 3 |
HF
HRT Financial
New York
|
-$4.38M |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
-$4.35M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.33M |
UWT Hedge Fund Activity: Q3 2019 in Review
14 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in VelocityShares3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER (UWT) for Q3 2019, worth a combined $23.8M — down 82% from $136M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of UWT and 11 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was GMT Capital, opening a new position worth an estimated $2.67M. The largest seller was Citigroup, cutting an estimated $60.5M.
- 14 institutional investors held VelocityShares3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER (UWT) as of Q3 2019, down from 17 in Q2 2019.
- Funds reported $23.8M of VelocityShares3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER stock for Q3 2019, down 82% quarter-over-quarter.
- 11 funds opened new VelocityShares3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER positions in Q3 2019 and 14 closed out, a net change of -3 holders.
- The largest VelocityShares3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER buyer in Q3 2019 was GMT Capital, an estimated $2.67M added.
- The largest VelocityShares3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER seller in Q3 2019 was Citigroup, an estimated $60.5M sold.
Based on aggregated 13F filings for Q3 2019.