Lazard Asset Management’s VelocityShares Daily Inverse VIX Short Term ETN XIV Stock Holding History

Lazard Asset Management’s Portfolio XIV Stock Details XIV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-71,880	Closed	-$3.36M	–	1119
2016 Q4	$3.36M	Buy	71,880 +23,830	+50%	+$993K	0.01%	570
2016 Q3	$1.8M	Sell	48,050 -143,325	-75%	-$4.91M	﹤0.01%	629
2016 Q2	$4.78M	Buy	+191,375	New	+$5.3M	0.01%	511
2016 Q1	–	Sell	-165,925	Closed	-$4.28M	–	1182
2015 Q4	$4.28M	Sell	165,925 -97,195	-37%	-$2.8M	0.01%	536
2015 Q3	$6.41M	Buy	263,120 +175,750	+201%	+$6.53M	0.02%	449
2015 Q2	$3.55M	Buy	87,370 +4,515	+5%	+$193K	0.01%	577
2015 Q1	$2.87M	Sell	82,855 -147,475	-64%	-$4.52M	0.01%	601
2014 Q4	$7.17M	Buy	+230,330	New	+$8.06M	0.02%	466
2013 Q3	–	Sell	-391,780	Closed	-$7.81M	–	1131
2013 Q2	$7.81M	Buy	+391,780	New	+$8.75M	0.02%	419

Other funds holding XIV

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

FTUS

Flow Traders U.S. New York $3.16B AUM 19.52% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

TRCT

Tower Research Capital (TRC) New York $3.85B AUM 32.11% 1-Year Est. Return

BCM

Bridgeway Capital Management Houston, Texas $4.97B AUM 44.96% 1-Year Est. Return

LTFS

Ladenburg Thalmann Financial Services Miami, Florida $15.9B AUM 25.16% 1-Year Est. Return

Toews Corporation Northfield, New Jersey $259M AUM 5.15% 1-Year Est. Return

OTC

Opera Trading Capital Paris, France $419M AUM 0.58% 1-Year Est. Return

Lazard Asset Management's XIV Position: Q1 2017 in Review

Lazard Asset Management sold out of VelocityShares Daily Inverse VIX Short Term ETN (XIV) in Q1 2017, closing a stake of 71,880 shares — an estimated $3.36M sold.

Lazard Asset Management first reported a position in XIV in Q2 2013 and held it in 9 quarters. The position peaked at $7.81M in Q2 2013. 47 funds tracked by Wall St. Rank hold XIV as of Q1 2017.

Lazard Asset Management reported no remaining VelocityShares Daily Inverse VIX Short Term ETN position as of Q1 2017 after selling out during the quarter.
Lazard Asset Management sold 71,880 VelocityShares Daily Inverse VIX Short Term ETN shares in Q1 2017, an estimated $3.36M.
Lazard Asset Management first reported a position in VelocityShares Daily Inverse VIX Short Term ETN in Q2 2013 and held it in 9 quarters.
Lazard Asset Management's VelocityShares Daily Inverse VIX Short Term ETN position peaked at $7.81M in Q2 2013.
47 funds tracked by Wall St. Rank held VelocityShares Daily Inverse VIX Short Term ETN as of Q1 2017.

Based on Lazard Asset Management's 13F filing for Q1 2017, filed 12 May 2017.