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

QFR Capital Management’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
2015 Q3	–	Sell	-187,500	Closed	-$60.3M	–	6
2015 Q2	$60.3M	Buy	+187,500	New	+$61M	16.68%	4
2015 Q1	–	Sell	-73,750	Closed	-$37.2M	–	14
2014 Q4	$37.2M	Sell	73,750 -51,250	-41%	-$25.2M	27.92%	2
2014 Q3	$62.4M	Sell	125,000 -187,500	-60%	-$86.8M	52.53%	1
2014 Q2	$143M	Buy	312,500 +181,250	+138%	+$106M	50.01%	1
2014 Q1	$88.5M	Buy	+131,250	New	+$92.4M	37.97%	2

Other funds holding VXX

Barclays London, United Kingdom $416B AUM 33.63% 1-Year Est. Return

Kylin Management New York $173M AUM 39.51% 1-Year Est. Return

Walleye Trading New York $87.6B AUM 68.17% 1-Year Est. Return

HBK Investments Dallas, Texas $9.85B AUM 55.6% 1-Year Est. Return

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

SG Americas Securities New York $179B AUM 65.34% 1-Year Est. Return

BNP Paribas Financial Markets Paris, France $206B AUM 31.61% 1-Year Est. Return

Jefferies Group New York $12B AUM 6.2% 1-Year Est. Return

ACI

AMP Capital Investors Sydney, Australia $2.37B AUM 23.59% 1-Year Est. Return

Paloma Partners Greenwich, Connecticut $510M AUM 286.05% 1-Year Est. Return

QFR Capital Management's VXX Position: Q1 2015 in Review

QFR Capital Management sold out of iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 (VXX) in Q1 2015, closing a stake of 76,922 shares — an estimated $38.8M sold.

QFR Capital Management first reported a position in VXX in Q4 2013 and held it in 4 quarters. The position peaked at $38.8M in Q4 2014. 94 funds tracked by Wall St. Rank hold VXX as of Q1 2015.

QFR Capital Management reported no remaining iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 position as of Q1 2015 after selling out during the quarter.
QFR Capital Management sold 76,922 iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 shares in Q1 2015, an estimated $38.8M.
QFR Capital Management first reported a position in iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 in Q4 2013 and held it in 4 quarters.
QFR Capital Management's iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 position peaked at $38.8M in Q4 2014.
94 funds tracked by Wall St. Rank held iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 as of Q1 2015.

Based on QFR Capital Management's 13F filing for Q1 2015, filed 15 May 2015.