VelocityShares Daily 2x VIX Short Term ETN
TVIX
TVIX was delisted on the 2nd of July, 2020.
15 hedge funds and large institutions have $160M invested in VelocityShares Daily 2x VIX Short Term ETN in 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 9 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $162M → $160M (-$1.77M)
35% less funds holding
Funds holding: 23 → 15 (-8)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$80.5M |
| 2 |
CT
CMT Trading
Chicago,
Illinois
|
+$20M |
| 3 |
Jane Street
New York
|
+$15.3M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$6.56M |
| 5 |
Goldman Sachs
New York
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$10.5M |
| 2 |
SG Americas Securities
New York
|
-$2.61M |
| 3 |
AIM
Assured Investment Management
New York
|
-$695K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$666K |
| 5 |
RA
Raffles Associates
New York
|
-$544K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
27
SG Americas Securities
New York
| – | -$2.61M | -144 | Closed |
|
|
AIM
28
Assured Investment Management
New York
| – | -$695K | -38 | Closed |
|
29
HighTower Advisors
Chicago,
Illinois
| – | -$536K | -30 | Closed |
|
|
RA
30
Raffles Associates
New York
| – | -$544K | -30 | Closed |
|
|
CCP
31
Clough Capital Partners
Boston,
Massachusetts
| – | -$275K | -15 | Closed |
|
|
GPC
32
Glacier Peak Capital
Bellevue,
Washington
| – | -$182K | -10 | Closed |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$139K | -10 | Closed |
|
|
MWM
34
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$65K | -4 | Closed |
|
|
WA
35
WFG Advisors
Dallas,
Texas
| – | -$10K | -1 | Closed |
|
|
EWM
36
Edge Wealth Management
New York
| – | -$7K | – | – |
|
|
NFG
37
Next Financial Group
Houston,
Texas
| – | -$2K | – | – |
|
TVIX Hedge Fund Activity: Q4 2016 in Review
15 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily 2x VIX Short Term ETN (TVIX) for Q4 2016, worth a combined $160M — down 1.1% from $162M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TVIX and 2 opened new positions — a net loss of 7 holders — while 3 trimmed existing stakes and 9 added.
The largest buyer was Credit Suisse, adding an estimated $80.5M. The largest seller was UBS Group, cutting an estimated $10.5M.
- 15 institutional investors held VelocityShares Daily 2x VIX Short Term ETN (TVIX) as of Q4 2016, down from 23 in Q3 2016.
- Funds reported $160M of VelocityShares Daily 2x VIX Short Term ETN stock for Q4 2016, down 1.1% quarter-over-quarter.
- 2 funds opened new VelocityShares Daily 2x VIX Short Term ETN positions in Q4 2016 and 9 closed out, a net change of -7 holders.
- The largest VelocityShares Daily 2x VIX Short Term ETN buyer in Q4 2016 was Credit Suisse, an estimated $80.5M added.
- The largest VelocityShares Daily 2x VIX Short Term ETN seller in Q4 2016 was UBS Group, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2016.