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

STRS Ohio’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
2014 Q4	–	Sell	-16,641	Closed	-$8.3M	–	1908
2014 Q3	$8.3M	Hold	16,641	–	–	0.04%	428
2014 Q2	$7.62M	Hold	16,641	–	–	0.03%	442
2014 Q1	$11.2M	Sell	16,641 -6,250	-27%	-$4.4M	0.05%	378
2013 Q4	$15.6M	Hold	22,891	–	–	0.07%	323
2013 Q3	$21.5M	Hold	22,891	–	–	0.09%	282
2013 Q2	$30.4M	Buy	+22,891	New	+$28.7M	0.13%	224

Other funds holding VXX

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

BNP Paribas Financial Markets Paris, France $289B AUM 60.46% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $344B AUM 42.99% 1-Year Est. Return

WBI Investments Red Bank, New Jersey $403M AUM 42.23% 1-Year Est. Return

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

QCM

QFR Capital Management New York $37.8M AUM

FTUS

Flow Traders U.S. New York $2.43B AUM 44.44% 1-Year Est. Return

HBK Investments Dallas, Texas $10.2B AUM 67.73% 1-Year Est. Return

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

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

STRS Ohio's VXX Position: Q4 2014 in Review

STRS Ohio sold out of iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 (VXX) in Q4 2014, closing a stake of 16,641 shares — an estimated $8.3M sold.

STRS Ohio first reported a position in VXX in Q2 2013 and held it in 6 quarters. The position peaked at $30.4M in Q2 2013. 90 funds tracked by Wall St. Rank hold VXX as of Q4 2014.

STRS Ohio reported no remaining iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 position as of Q4 2014 after selling out during the quarter.
STRS Ohio sold 16,641 iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 shares in Q4 2014, an estimated $8.3M.
STRS Ohio first reported a position in iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 in Q2 2013 and held it in 6 quarters.
STRS Ohio's iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 position peaked at $30.4M in Q2 2013.
90 funds tracked by Wall St. Rank held iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 as of Q4 2014.

Based on STRS Ohio's 13F filing for Q4 2014, filed 23 Jan 2015.