VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9,
UWTI
UWTI was delisted on the 8th of December, 2016.
37 hedge funds and large institutions have $39.9M invested in VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9, in 2016 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 26 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
18% less funds holding
Funds holding: 45 → 37 (-8)
31% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 26
35% less capital invested
Capital invested by funds: $61.3M → $39.9M (-$21.4M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$18.1M |
| 2 |
Jane Street
New York
|
+$1.52M |
| 3 |
ED
Exane Derivatives
Paris,
France
|
+$819K |
| 4 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
+$815K |
| 5 |
JT
Jump Trading
Chicago,
Illinois
|
+$487K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFFS
Stonehage Fleming Financial Services
St. Helier,
Jersey
|
-$7.13M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$4.4M |
| 3 |
VF
Virtu Financial
New York
|
-$3.61M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.63M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFS
51
VSR Financial Services
Overland Park,
Kansas
| – | -$40K | -1,000 | Closed |
|
|
AIA
52
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$24K | -607 | Closed |
|
53
Envestnet Asset Management
Chicago,
Illinois
| – | -$16K | -400 | Closed |
|
|
IA
54
IFP Advisors
Tampa,
Florida
| – | -$7K | -175 | Closed |
|
|
CCS
55
Crosspoint Capital Strategies
Orinda,
California
| – | -$7K | -150 | Closed |
|
|
WA
56
WealthTrust-Arizona
Scottsdale,
Arizona
| – | -$6K | -150 | Closed |
|
|
CG
57
Colony Group
Boston,
Massachusetts
| – | -$3K | -85 | Closed |
|
|
GAM
58
Gemmer Asset Management
Walnut Creek,
California
| – | -$1.45K | -68 | -92% |
|
|
FNBT
59
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$1K | -15 | Closed |
|
|
GWM
60
Gupta Wealth Management
San Diego,
California
| – | -$1K | -13 | Closed |
|
61
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$21 | -1 | -8% |
|
62
BlackRock
New York
| – | +$341 | +16 | New |
|
UWTI Hedge Fund Activity: Q1 2016 in Review
37 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9, (UWTI) for Q1 2016, worth a combined $39.9M — down 35% from $61.3M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of UWTI and 18 opened new positions — a net loss of 8 holders — while 6 trimmed existing stakes and 10 added.
The largest buyer was Credit Suisse, adding an estimated $18.1M. The largest seller was Stonehage Fleming Financial Services, exiting entirely with an estimated $7.13M sold.
- 37 institutional investors held VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9, (UWTI) as of Q1 2016, down from 45 in Q4 2015.
- Funds reported $39.9M of VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9, stock for Q1 2016, down 35% quarter-over-quarter.
- 18 funds opened new VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9, positions in Q1 2016 and 26 closed out, a net change of -8 holders.
- The largest VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9, buyer in Q1 2016 was Credit Suisse, an estimated $18.1M added.
- The largest VelocityShares 3x Long Crude Oil ETN linked to the S&P GSCI Crude Oil Index ER due February 9, seller in Q1 2016 was Stonehage Fleming Financial Services, an estimated $7.13M sold.
Based on aggregated 13F filings for Q1 2016.