iPath Bloomberg Cocoa Subindex Total Return ETN due June 24, 2038

NIB

Market cap $13.8M

NIB Hedge Fund Activity: Q1 2018 in Review

20 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in iPath Bloomberg Cocoa Subindex Total Return ETN due June 24, 2038 (NIB) for Q1 2018, worth a combined $10.9M — up 48% from $7.39M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of NIB and 4 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 4 added.

The largest buyer was Jane Street, opening a new position worth an estimated $1.41M. The largest seller was Virtu Financial, cutting an estimated $921K.

• 20 institutional investors held iPath Bloomberg Cocoa Subindex Total Return ETN due June 24, 2038 (NIB) as of Q1 2018, down from 22 in Q4 2017.
• Funds reported $10.9M of iPath Bloomberg Cocoa Subindex Total Return ETN due June 24, 2038 stock for Q1 2018, up 48% quarter-over-quarter.
• 4 funds opened new iPath Bloomberg Cocoa Subindex Total Return ETN due June 24, 2038 positions in Q1 2018 and 6 closed out, a net change of -2 holders.
• The largest iPath Bloomberg Cocoa Subindex Total Return ETN due June 24, 2038 buyer in Q1 2018 was Jane Street, an estimated $1.41M added.
• The largest iPath Bloomberg Cocoa Subindex Total Return ETN due June 24, 2038 seller in Q1 2018 was Virtu Financial, an estimated $921K sold.

Based on aggregated 13F filings for Q1 2018.