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ProShares Short VIX Short-Term Futures ETF

39 hedge funds and large institutions have $125M invested in ProShares Short VIX Short-Term Futures ETF in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

248% more call options, than puts

Call options by funds: $391M | Put options by funds: $112M

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

8% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 13

3% less funds holding

Funds holding: 4039 (-1)

34.78% less ownership

Funds ownership: 107.69%72.91% (-35%)

41% less capital invested

Capital invested by funds: $211M → $125M (-$85.7M)

43% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 14

Holders
39
Holders Change
-1
Holders Change %
-2.5%
% of All Funds
0.87%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
12
Increased
8
Reduced
14
Closed
13
Calls
$391M
Puts
$112M
Net Calls
+$279M
Net Calls Change
-$25M
Name Holding Trade Value Shares
Change
Change in
Stake
Susquehanna International Group
1
Susquehanna International Group
Pennsylvania
$32.9M +$25.5M +1,038,074 +201%
Nomura Holdings
2
Nomura Holdings
Japan
$16.9M -$2.22M -90,170 -10%
Morgan Stanley
3
Morgan Stanley
New York
$12.1M -$11.4M -465,762 -45%
TRCT
4
Tower Research Capital (TRC)
New York
$10.6M -$5.94M -241,744 -33%
N
5
Natixis
France
$9.57M -$1.68M -68,400 -13%
Deutsche Bank
6
Deutsche Bank
Germany
$6.32M
UBS Group
7
UBS Group
Switzerland
$5.89M -$4.83M -196,780 -41%
IMC Chicago
8
IMC Chicago
Illinois
$4.81M +$5.58M +227,296 New
LPL Financial
9
LPL Financial
California
$4.35M -$78.7K -3,204 -2%
Citigroup
10
Citigroup
New York
$4.24M +$2.21M +89,850 +81%
FTUS
11
Flow Traders U.S.
New York
$2.04M -$7.74M -315,026 -77%
Parallax Volatility Advisers
12
Parallax Volatility Advisers
California
$2M +$2.31M +94,122 +15,687%
Man Group
13
Man Group
United Kingdom
$1.56M +$1.81M +73,584 New
GPCM
14
Granite Point Capital Management
Massachusetts
$1.48M +$1.72M +70,000 New
CT
15
CMT Trading
Illinois
$1.24M +$1.43M +58,404 New
Jane Street
16
Jane Street
New York
$1.2M +$429K +17,472 +44%
HT
17
HAP Trading
New York
$1.2M +$1.4M +56,866 New
Barclays
18
Barclays
United Kingdom
$861K -$3.44K -140 -0.3%
Millennium Management
19
Millennium Management
New York
$846K +$983K +40,000 New
BPIH
20
Broad Peak Investment Holdings
Singapore
$793K
Goldman Sachs
21
Goldman Sachs
New York
$746K -$20.2M -820,532 -96%
Simplex Trading
22
Simplex Trading
Illinois
$478K +$370K +15,062 +199%
CA
23
Commerzbank Aktiengesellschaft
Germany
$424K
FAAS
24
First Allied Advisory Services
California
$423K +$491K +20,000 New
MTIM
25
Marathon Trading Investment Management
Pennsylvania
$373K -$104K -4,250 -19%

SVXY Hedge Fund Activity: Q4 2018 in Review

39 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in ProShares Short VIX Short-Term Futures ETF (SVXY) for Q4 2018, worth a combined $125M — down 41% from $211M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of SVXY and 12 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 8 added.

The largest buyer was Susquehanna International Group, adding an estimated $25.5M. The largest seller was Goldman Sachs, cutting an estimated $20.2M.

  • 39 institutional investors held ProShares Short VIX Short-Term Futures ETF (SVXY) as of Q4 2018, down from 40 in Q3 2018.
  • Funds reported $125M of ProShares Short VIX Short-Term Futures ETF stock for Q4 2018, down 41% quarter-over-quarter.
  • 12 funds opened new ProShares Short VIX Short-Term Futures ETF positions in Q4 2018 and 13 closed out, a net change of -1 holder.
  • The largest ProShares Short VIX Short-Term Futures ETF buyer in Q4 2018 was Susquehanna International Group, an estimated $25.5M added.
  • The largest ProShares Short VIX Short-Term Futures ETF seller in Q4 2018 was Goldman Sachs, an estimated $20.2M sold.

Based on aggregated 13F filings for Q4 2018.