Formula Growth’s iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 VXX Stock Holding History

Formula Growth’s Portfolio VXX Stock Details VXX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-220,000	Closed	-$8.62M	–	154
2017 Q3	$8.62M	Buy	220,000 +5,125	+2%	+$238K	1.36%	24
2017 Q2	$11M	Buy	214,875 +74,875	+53%	+$4.33M	1.89%	13
2017 Q1	$8.84M	Buy	+140,000	New	+$10.4M	1.84%	11
2016 Q4	–	Sell	-45,000	Closed	-$6.13M	–	174
2016 Q3	$6.13M	Buy	+45,000	New	+$7.19M	1.39%	18

Other funds holding VXX

Barclays London, United Kingdom $521B AUM 51.41% 1-Year Est. Return

Jane Street New York $1.21T AUM 78.12% 1-Year Est. Return

D.E. Shaw & Co New York $210B AUM 57.28% 1-Year Est. Return

CFIC

City Financial Investment Company London, United Kingdom $562M AUM 5.93% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

PGCM

Prescott Group Capital Management Tulsa, Oklahoma $1.16B AUM 53.61% 1-Year Est. Return

LCM

Laurion Capital Management New York $3.9B AUM 75.03% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $1.28T AUM 58.89% 1-Year Est. Return

Formula Growth's VXX Position: Q4 2017 in Review

Formula Growth sold out of iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 (VXX) in Q4 2017, closing a stake of 220,000 shares — an estimated $8.62M sold.

Formula Growth first reported a position in VXX in Q3 2016 and held it in 4 quarters. The position peaked at $11M in Q2 2017. 130 funds tracked by Wall St. Rank hold VXX as of Q4 2017.

Formula Growth reported no remaining iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 position as of Q4 2017 after selling out during the quarter.
Formula Growth sold 220,000 iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 shares in Q4 2017, an estimated $8.62M.
Formula Growth first reported a position in iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 in Q3 2016 and held it in 4 quarters.
Formula Growth's iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 position peaked at $11M in Q2 2017.
130 funds tracked by Wall St. Rank held iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 as of Q4 2017.

Based on Formula Growth's 13F filing for Q4 2017, filed 14 Feb 2018.