ProShares Short VIX Short-Term Futures ETF
SVXY
23 hedge funds and large institutions have $38.5M invested in ProShares Short VIX Short-Term Futures ETF in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 12 reducing their positions, and 13 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
17.44% less ownership
Funds ownership: 31.06% → 13.62% (-17%)
22% less call options, than puts
Call options by funds: $157M | Put options by funds: $201M
23% less funds holding
Funds holding: 30 → 23 (-7)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
76% less capital invested
Capital invested by funds: $161M → $38.5M (-$123M)
92% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$12.1M |
| 2 |
HT
HAP Trading
New York
|
+$1.18M |
| 3 |
JT
Jump Trading
Chicago,
Illinois
|
+$300K |
| 4 |
MTIM
Marathon Trading Investment Management
Radnor,
Pennsylvania
|
+$251K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$197K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$62.7M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$15.4M |
| 3 |
VF
Virtu Financial
New York
|
-$10.5M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$8.93M |
| 5 |
Goldman Sachs
New York
|
-$7.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bessemer Group
Woodbridge,
New Jersey
| – | -$5.35M | -87,500 | Closed |
|
|
ICM
27
Ionic Capital Management
New York
| – | -$2.37M | -39,380 | Closed |
|
28
Bank of America
Charlotte,
North Carolina
| – | -$946K | -15,460 | Closed |
|
|
CA
29
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$541K | -8,850 | Closed |
|
|
WA
30
WFG Advisors
Dallas,
Texas
| – | -$283K | -4,635 | Closed |
|
|
CAN
31
Cetera Advisor Networks
El Segundo,
California
| – | -$275K | -4,472 | Closed |
|
32
Walleye Trading
New York
| – | -$87.8K | -1,459 | Closed |
|
33
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$30K | -500 | Closed |
|
34
Creative Planning
Overland Park,
Kansas
| – | -$12K | -200 | Closed |
|
|
AIG
35
American International Group
New York
| – | -$4.89K | -80 | Closed |
|
|
BRWA
36
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$2 | -27 | Closed |
|
SVXY Hedge Fund Activity: Q1 2015 in Review
23 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in ProShares Short VIX Short-Term Futures ETF (SVXY) for Q1 2015, worth a combined $38.5M — down 76% from $161M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SVXY and 6 opened new positions — a net loss of 7 holders — while 12 trimmed existing stakes and 1 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $12.1M. The largest seller was Jane Street, cutting an estimated $62.7M.
- 23 institutional investors held ProShares Short VIX Short-Term Futures ETF (SVXY) as of Q1 2015, down from 30 in Q4 2014.
- Funds reported $38.5M of ProShares Short VIX Short-Term Futures ETF stock for Q1 2015, down 76% quarter-over-quarter.
- 6 funds opened new ProShares Short VIX Short-Term Futures ETF positions in Q1 2015 and 13 closed out, a net change of -7 holders.
- The largest ProShares Short VIX Short-Term Futures ETF buyer in Q1 2015 was Flow Traders U.S., an estimated $12.1M added.
- The largest ProShares Short VIX Short-Term Futures ETF seller in Q1 2015 was Jane Street, an estimated $62.7M sold.
Based on aggregated 13F filings for Q1 2015.