VelocityShares Daily 2x VIX Short Term ETN
TVIX
TVIX was delisted on the 2nd of July, 2020.
6 hedge funds and large institutions have $85.1M invested in VelocityShares Daily 2x VIX Short Term ETN in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 6 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
27% less capital invested
Capital invested by funds: $116M → $85.1M (-$31M)
45% less funds holding
Funds holding: 11 → 6 (-5)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$73.2M |
| 2 |
Citigroup
New York
|
+$5.01M |
| 3 |
AC
Altus Capital
Mayfield Heights,
Ohio
|
+$626K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$626K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$16.9M |
| 2 |
VF
Virtu Financial
New York
|
-$15.9M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$12.5M |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$10M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| – | -$138K | – | – |
|
|
CT
27
CMT Trading
Chicago,
Illinois
| – | -$32K | – | – |
|
TVIX Hedge Fund Activity: Q1 2015 in Review
6 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily 2x VIX Short Term ETN (TVIX) for Q1 2015, worth a combined $85.1M — down 27% from $116M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TVIX and 1 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Credit Suisse, adding an estimated $73.2M. The largest seller was UBS Group, exiting entirely with an estimated $16.9M sold.
- 6 institutional investors held VelocityShares Daily 2x VIX Short Term ETN (TVIX) as of Q1 2015, down from 11 in Q4 2014.
- Funds reported $85.1M of VelocityShares Daily 2x VIX Short Term ETN stock for Q1 2015, down 27% quarter-over-quarter.
- 1 fund opened new VelocityShares Daily 2x VIX Short Term ETN positions in Q1 2015 and 6 closed out, a net change of -5 holders.
- The largest VelocityShares Daily 2x VIX Short Term ETN buyer in Q1 2015 was Credit Suisse, an estimated $73.2M added.
- The largest VelocityShares Daily 2x VIX Short Term ETN seller in Q1 2015 was UBS Group, an estimated $16.9M sold.
Based on aggregated 13F filings for Q1 2015.