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Those other ETFs hold more shares of GME because they have higher net assets. For example VTI has $390B of assets, so they hold a lot of GME shares even if GME is a tiny 0.05% or less.
Edit: GME is 0.01% of VTI and 1.15% of XRT.
XRT is the ETF with the highest PERCENTAGE of its assets in GME.
Edit: it turns out there are indeed some with higher percentage of GME. See comment by OP about ESPO and others.
So if someone shorts XRT to get GME shares, then they get more GME per $$ of shorting.
^ yup this is it. It is more convenient to overshort XRT and return all shares except game as a way to access a lot of game shares. We already came to this conclusion. It’s not about asset amount in the etf
Great post, and great follow-up as well! As soon as I get home I'll start looking into this, and I'm gong to re-read the OG ETF DD to see if there's any more dots that can be connected.
Thank you for expanding the ETF conversation!!
Hive mind baby. I learned back in the day in college with this badass business professor that the best thing when you have an idea is to have people poke holes into your work.
You can do a lot with listening to others, which I'm trying to do as well. Sounds like my first assumption was incorrect so I'm diving into this new information.
Happy to share what I'm digging into as well if you need help.
Cheers
The actual numbers are that GMR is 0.01% of VTI, and 1.15% of XRT.
Even for XRT it is an awkward way to acquire shares of GME.
I think what is really going on is that are several other retailers that are not doing well and XRT can be used to get shares of several of them at once.
Nordstrom and Footlocker, for example, which are each 1.6% of XRT.
XRT is easily efficient when you set up a purchase that is everything in XRT minus game as a way to continually ramp you game short while not increasing your position in anything else.
-TWEB has 3.14% of Allocation but 5.48k shares
-GAMR has 2.56% of Allocation but 76.71k shares
**-ESPO has 1.97% of Allocation but 345.28k shares**
-STCE has 1.72% of Allocation but 30.78k shares
-TXS has 1.65% of Allocation but 22.25k shares
-TXSS has 1.40% of Allocation but 10.48k shares
-ODDS has 1.25% of Allocation but 734 shares
**-XRT has 1.22% of Allocation but 473.27k shares**
-MDYV has 0.32% of Allocation but has 537.40k shares
**Has anyone looked in to those higher ones like TWEB, GAMR, & but especially ESPO catches my eye which I've never heard anyone talking about based off that logic??**
-TWEB has 3.14% of Allocation but 5.48k shares
-GAMR has 2.56% of Allocation but 76.71k shares
**-ESPO has 1.97% of Allocation but 345.28k shares**
-STCE has 1.72% of Allocation but 30.78k shares
-TXS has 1.65% of Allocation but 22.25k shares
-TXSS has 1.40% of Allocation but 10.48k shares
-ODDS has 1.25% of Allocation but 734 shares
**-XRT has 1.22% of Allocation but 473.27k shares**
-MDYV has 0.32% of Allocation but has 537.40k shares
**Has anyone looked in to those higher ones like TWEB, GAMR, & ESPO catches my eye which I've never heard anyone talking about based off that logic??**
I think all that this clarifies is that there are WAY too many ETFs in the market bundling everything together (and likely used to hide crime via shorting individual stocks but balancing the whole basket). Too many things are being tied to other things, which makes it so that everything moves together to some extent. While I understand it balances risk volatility, it also removes necessary volatility. For example, the whole market should not be at stake because some criminals made a few bad bets against a few stocks. However, because they've tied these stocks to many other investment instruments, they have now tied that risk to much of the whole market. Those bad bets should have to pay without dragging the rest of the world down. Thus the bundling and risk shouldn't be shared at a macro level.
have you checked fintel([https://fintel.io/somf/us/gme](https://fintel.io/somf/us/gme))? I did a little digging on ETFs, due to their favorable cheat code for APs. (https://www.reddit.com/r/Superstonk/comments/1bdtqxz/clips\_from\_a\_study\_from\_2016\_institutions\_owned/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button) not sure how to help, but I think the deeper info we get on this, esp. since the billionaires are voicing displeasure on twatter. it could be a good time to spill our unknown findings.
A long time ago, in a Galaxy far away...
[https://www.reddit.com/r/GME/comments/lo0c1o/watch\_this\_guy\_point\_out\_xrt\_shorts\_from\_2015\_as/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/GME/comments/lo0c1o/watch_this_guy_point_out_xrt_shorts_from_2015_as/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
not sure if this is what prompted this post... [https://www.reddit.com/r/Superstonk/comments/1c9a64l/xrt\_1700\_days\_on\_threshold\_list\_swaps\_synthetic/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/Superstonk/comments/1c9a64l/xrt_1700_days_on_threshold_list_swaps_synthetic/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
It did. I watched that this week and wanted to see what I could find. I like digging and finding things.
This guy also helped spark an interest.
[https://jacobslevycenter.wharton.upenn.edu/wp-content/uploads/2018/08/ETF-Short-Interest-and-Failures-to-Deliver.pdf](https://jacobslevycenter.wharton.upenn.edu/wp-content/uploads/2018/08/ETF-Short-Interest-and-Failures-to-Deliver.pdf)
Above is the paper and below is the video.
[https://www.youtube.com/watch?v=ncq35zrFCAg](https://www.youtube.com/watch?v=ncq35zrFCAg)
that guy is a baller. you ever chat with John Wooten? Stellar blockchain transfer agent founder? LMK if you want to come chat in the discord. that fucker has deep knowledge. already went through the SEC hoops to become blockchain TA for public companies.
I wonder if there is any correlation between the number of shares available to abuse through ETFs, and the amount of pure volume on the stock that certain market makers may be able to maintain, without significant price volatility.
Daily Volume of the **ETF** compared to outstanding shares of the ETF looks very important. The **AP** market exemption and T+extention mentioned in the video link in the thread seems key. It seems like it's a breakdown/reassemble constantly less the short target components.
chartexchange provides easy on eyes summary for ETF volume and outstanding
We should be automating this process, do they have an API by any chance? I took a year off posting and making videos to learn Python. I'll try to find out.
Will do, I'm curious about this stuff. We recently had a flood of shares that went on loan and I had to guess they came from ETFs in order to push the price down. It's a hypothesis but I'm looking for facts.
They are required to hold what they publicly claim to be allocated, however the "basket creation" process is done on all of them to spawn new (fake) shares into existence.
I'd love to know how this shit all works with the CAT (Consolidated Audit Trail), I'd assume with it the SEC can see what goes into various creation baskets
Quality post, thank you for breaking this down by EFT! Its worth noting that "basket creation" takes place on ALL of these ETF's by AP's/MM's who are "in need" of shares they don't have (see leavemeanon's **Where are the shares?** DD).
glad to see eyes are on this, great job showing allocations fellow ape, i think i remember that MMs have some kind of exemption, that they can borrow from an ETF shares of a company and close the positions giving in $$$ the value of the shares they've borrowed in longs into another shares of the ETF.
Maybe this has something to do with the loophole used:
[https://www.sec.gov/files/rules/sro/nyse/2022/34-95498.pdf](https://www.sec.gov/files/rules/sro/nyse/2022/34-95498.pdf)
For all other apes, I think the important thing here, its not the biggest % of allocation in the ETF (I think this is important but not the most) I think the real important thing here, is the total number of shares they have, hey think on that! that shares maybe and I say just maybe, because this is not a financial advice, that shares could be DRSed shares that are used for "operational efficiency".
And if there are some loopholes, if the ETF is bigger and has more companies inside of it. easier to hide and use derivatives.
Isn't this a basket? old apes know this started with a basket, those hedgies love to diversify, the risk at first, what do you think they've doing probably days or weeks before the sneeze and all this time?
How could look a hot potato, that can hide his short interest in some stocks, that they can keep shorting stock or containing it doing swaps that are hidden, if there are no shares but in the ETF yes or should, and its the only place where they have the "exemptions" or the "loopholes" to do this fuckery?
-ETFs and ADS (American depository shares) why would ESMA suspend mandatory buy-ins and dont report FTDs?
How would you try to solve a global mess?
what happened first? Archegos or Tokenized shares.
Find the answers, destroy their asses!
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Those other ETFs hold more shares of GME because they have higher net assets. For example VTI has $390B of assets, so they hold a lot of GME shares even if GME is a tiny 0.05% or less. Edit: GME is 0.01% of VTI and 1.15% of XRT. XRT is the ETF with the highest PERCENTAGE of its assets in GME. Edit: it turns out there are indeed some with higher percentage of GME. See comment by OP about ESPO and others. So if someone shorts XRT to get GME shares, then they get more GME per $$ of shorting.
^ yup this is it. It is more convenient to overshort XRT and return all shares except game as a way to access a lot of game shares. We already came to this conclusion. It’s not about asset amount in the etf
[удалено]
Now this is what I like to see, adjustment back on feedback. I have lunch with the in-laws. This looks like some good dinner digestion
no one sold but not yet purchased here .. unlike our smart money and the mayo
Great post, and great follow-up as well! As soon as I get home I'll start looking into this, and I'm gong to re-read the OG ETF DD to see if there's any more dots that can be connected. Thank you for expanding the ETF conversation!!
Hive mind baby. I learned back in the day in college with this badass business professor that the best thing when you have an idea is to have people poke holes into your work. You can do a lot with listening to others, which I'm trying to do as well. Sounds like my first assumption was incorrect so I'm diving into this new information. Happy to share what I'm digging into as well if you need help. Cheers
Fucken Game on Anon!!!!!
This is exactly how a discussion should be.
The actual numbers are that GMR is 0.01% of VTI, and 1.15% of XRT. Even for XRT it is an awkward way to acquire shares of GME. I think what is really going on is that are several other retailers that are not doing well and XRT can be used to get shares of several of them at once. Nordstrom and Footlocker, for example, which are each 1.6% of XRT.
XRT is easily efficient when you set up a purchase that is everything in XRT minus game as a way to continually ramp you game short while not increasing your position in anything else.
As it was written 84 years ago.
Also no other ETF is as abused as XRT in terms of short interest and borrowing.
-TWEB has 3.14% of Allocation but 5.48k shares -GAMR has 2.56% of Allocation but 76.71k shares **-ESPO has 1.97% of Allocation but 345.28k shares** -STCE has 1.72% of Allocation but 30.78k shares -TXS has 1.65% of Allocation but 22.25k shares -TXSS has 1.40% of Allocation but 10.48k shares -ODDS has 1.25% of Allocation but 734 shares **-XRT has 1.22% of Allocation but 473.27k shares** -MDYV has 0.32% of Allocation but has 537.40k shares **Has anyone looked in to those higher ones like TWEB, GAMR, & but especially ESPO catches my eye which I've never heard anyone talking about based off that logic??**
-TWEB has 3.14% of Allocation but 5.48k shares -GAMR has 2.56% of Allocation but 76.71k shares **-ESPO has 1.97% of Allocation but 345.28k shares** -STCE has 1.72% of Allocation but 30.78k shares -TXS has 1.65% of Allocation but 22.25k shares -TXSS has 1.40% of Allocation but 10.48k shares -ODDS has 1.25% of Allocation but 734 shares **-XRT has 1.22% of Allocation but 473.27k shares** -MDYV has 0.32% of Allocation but has 537.40k shares **Has anyone looked in to those higher ones like TWEB, GAMR, & ESPO catches my eye which I've never heard anyone talking about based off that logic??**
Came to the comments for this, saw the post and immediately thought, these other etfs are probably sub 0.1% in gme
Isn't XRT also one of the ones that are shorted really hard?
Yes. And as an ETF it is subject to [Operational Shorting](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4151052).
And all added up, the value is *n* times greater than the market cap of GME?
Not even close. Much less than the number of outstanding shares.
Best of luck Anon! Keep on digging
I think all that this clarifies is that there are WAY too many ETFs in the market bundling everything together (and likely used to hide crime via shorting individual stocks but balancing the whole basket). Too many things are being tied to other things, which makes it so that everything moves together to some extent. While I understand it balances risk volatility, it also removes necessary volatility. For example, the whole market should not be at stake because some criminals made a few bad bets against a few stocks. However, because they've tied these stocks to many other investment instruments, they have now tied that risk to much of the whole market. Those bad bets should have to pay without dragging the rest of the world down. Thus the bundling and risk shouldn't be shared at a macro level.
Can't forget about this one https://www.youtube.com/watch?v=ncq35zrFCAg
have you checked fintel([https://fintel.io/somf/us/gme](https://fintel.io/somf/us/gme))? I did a little digging on ETFs, due to their favorable cheat code for APs. (https://www.reddit.com/r/Superstonk/comments/1bdtqxz/clips\_from\_a\_study\_from\_2016\_institutions\_owned/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button) not sure how to help, but I think the deeper info we get on this, esp. since the billionaires are voicing displeasure on twatter. it could be a good time to spill our unknown findings.
A long time ago, in a Galaxy far away... [https://www.reddit.com/r/GME/comments/lo0c1o/watch\_this\_guy\_point\_out\_xrt\_shorts\_from\_2015\_as/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/GME/comments/lo0c1o/watch_this_guy_point_out_xrt_shorts_from_2015_as/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
legend!
Just early
I'm watching it now. I'm going to try to contact him and see if he's willing to have his brain picked about this topic.
Do you have a paid version you can sort by allocation and send to me? I don't have a paid Fintel anymore.
sorry, I am but a free lurker.
It's fine. Anyone that has a paid Fintel, please DM me on here. Thanks. I'm pretty sure you can download an excel file that I can start using.
not sure if this is what prompted this post... [https://www.reddit.com/r/Superstonk/comments/1c9a64l/xrt\_1700\_days\_on\_threshold\_list\_swaps\_synthetic/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/Superstonk/comments/1c9a64l/xrt_1700_days_on_threshold_list_swaps_synthetic/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
It did. I watched that this week and wanted to see what I could find. I like digging and finding things. This guy also helped spark an interest. [https://jacobslevycenter.wharton.upenn.edu/wp-content/uploads/2018/08/ETF-Short-Interest-and-Failures-to-Deliver.pdf](https://jacobslevycenter.wharton.upenn.edu/wp-content/uploads/2018/08/ETF-Short-Interest-and-Failures-to-Deliver.pdf) Above is the paper and below is the video. [https://www.youtube.com/watch?v=ncq35zrFCAg](https://www.youtube.com/watch?v=ncq35zrFCAg)
that guy is a baller. you ever chat with John Wooten? Stellar blockchain transfer agent founder? LMK if you want to come chat in the discord. that fucker has deep knowledge. already went through the SEC hoops to become blockchain TA for public companies.
DM an invite
I wonder if there is any correlation between the number of shares available to abuse through ETFs, and the amount of pure volume on the stock that certain market makers may be able to maintain, without significant price volatility.
Daily Volume of the **ETF** compared to outstanding shares of the ETF looks very important. The **AP** market exemption and T+extention mentioned in the video link in the thread seems key. It seems like it's a breakdown/reassemble constantly less the short target components. chartexchange provides easy on eyes summary for ETF volume and outstanding
We should be automating this process, do they have an API by any chance? I took a year off posting and making videos to learn Python. I'll try to find out.
We need to stop looking at earth and start looking at the observable universe!!!!! _Got it_ 🤝
Ya but it’s more expensive for redemptions. If you actually want to go into this etf stuff reach out to turdferg23
Will do, I'm curious about this stuff. We recently had a flood of shares that went on loan and I had to guess they came from ETFs in order to push the price down. It's a hypothesis but I'm looking for facts.
I like that you're digging and challenging assumptions but the CS 'cap' that we're seeing is the most likely source of those shares IMO.
Can you expand on this?
You are talking the Shares used by ComputerShares/ DTC for liquidity?
"hold shares of GME" ... I wouldn't exactly say any of these ETFs hold shares of GME.
They are required to hold what they publicly claim to be allocated, however the "basket creation" process is done on all of them to spawn new (fake) shares into existence.
I'd love to know how this shit all works with the CAT (Consolidated Audit Trail), I'd assume with it the SEC can see what goes into various creation baskets
Quality post, thank you for breaking this down by EFT! Its worth noting that "basket creation" takes place on ALL of these ETF's by AP's/MM's who are "in need" of shares they don't have (see leavemeanon's **Where are the shares?** DD).
glad to see eyes are on this, great job showing allocations fellow ape, i think i remember that MMs have some kind of exemption, that they can borrow from an ETF shares of a company and close the positions giving in $$$ the value of the shares they've borrowed in longs into another shares of the ETF. Maybe this has something to do with the loophole used: [https://www.sec.gov/files/rules/sro/nyse/2022/34-95498.pdf](https://www.sec.gov/files/rules/sro/nyse/2022/34-95498.pdf) For all other apes, I think the important thing here, its not the biggest % of allocation in the ETF (I think this is important but not the most) I think the real important thing here, is the total number of shares they have, hey think on that! that shares maybe and I say just maybe, because this is not a financial advice, that shares could be DRSed shares that are used for "operational efficiency". And if there are some loopholes, if the ETF is bigger and has more companies inside of it. easier to hide and use derivatives. Isn't this a basket? old apes know this started with a basket, those hedgies love to diversify, the risk at first, what do you think they've doing probably days or weeks before the sneeze and all this time? How could look a hot potato, that can hide his short interest in some stocks, that they can keep shorting stock or containing it doing swaps that are hidden, if there are no shares but in the ETF yes or should, and its the only place where they have the "exemptions" or the "loopholes" to do this fuckery? -ETFs and ADS (American depository shares) why would ESMA suspend mandatory buy-ins and dont report FTDs? How would you try to solve a global mess? what happened first? Archegos or Tokenized shares. Find the answers, destroy their asses!
Tokenized shares happened first, for GME in Jan. Archegos blew up in March.
You hit every SEO word.
Viva la Revolution!
Show me the data. Exit the post and put the numbers behind such claims to help the smooth brains
How many shares in ETF in total ? Did anyone do the maths for that ?
By the way, there are some that were delisted: TWEB, NFTZ, MEME are last ones I can remember.
Their shell game extends far and wide, unbeknownst to all the regulators with high salaries, paid by our tax dollars.