ProShares Short VIX Short-Term Futures ETF
SVXY
37 hedge funds and large institutions have $598M invested in ProShares Short VIX Short-Term Futures ETF in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 8 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
13% more capital invested
Capital invested by funds: $530M → $598M (+$68.3M)
12% less funds holding
Funds holding: 42 → 37 (-5)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
30% less call options, than puts
Call options by funds: $1.38B | Put options by funds: $1.98B
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
74.28% less ownership
Funds ownership: 99.58% → 25.3% (-74%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$19.2M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$16.8M |
| 3 |
Morgan Stanley
New York
|
+$11.6M |
| 4 |
HMC
Harvard Management Company
Boston,
Massachusetts
|
+$10.2M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$19.6M |
| 2 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$18.3M |
| 3 |
HT
HAP Trading
New York
|
-$14.9M |
| 4 |
Jane Street
New York
|
-$11.5M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$7.91M |
SVXY Hedge Fund Activity: Q3 2017 in Review
37 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in ProShares Short VIX Short-Term Futures ETF (SVXY) for Q3 2017, worth a combined $598M — up 13% from $530M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SVXY and 4 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 11 added.
The largest buyer was Virtu Financial, adding an estimated $19.2M. The largest seller was Susquehanna International Group, cutting an estimated $19.6M.
- 37 institutional investors held ProShares Short VIX Short-Term Futures ETF (SVXY) as of Q3 2017, down from 42 in Q2 2017.
- Funds reported $598M of ProShares Short VIX Short-Term Futures ETF stock for Q3 2017, up 13% quarter-over-quarter.
- 4 funds opened new ProShares Short VIX Short-Term Futures ETF positions in Q3 2017 and 8 closed out, a net change of -4 holders.
- The largest ProShares Short VIX Short-Term Futures ETF buyer in Q3 2017 was Virtu Financial, an estimated $19.2M added.
- The largest ProShares Short VIX Short-Term Futures ETF seller in Q3 2017 was Susquehanna International Group, an estimated $19.6M sold.
Based on aggregated 13F filings for Q3 2017.