VelocityShares Daily 2x VIX Short Term ETN
TVIX
TVIX was delisted on the 2nd of July, 2020.
23 hedge funds and large institutions have $344M invested in VelocityShares Daily 2x VIX Short Term ETN in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 3 reducing their positions, and 8 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
300% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 3
75% more capital invested
Capital invested by funds: $197M → $344M (+$147M)
4% less funds holding
Funds holding: 24 → 23 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$18.8M |
| 2 |
VF
Virtu Financial
New York
|
+$15.4M |
| 3 |
SG Americas Securities
New York
|
+$4.71M |
| 4 |
HF
HRT Financial
New York
|
+$3.92M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$21.4M |
| 2 |
Jane Street
New York
|
-$17.1M |
| 3 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$1.53M |
| 4 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
-$111K |
| 5 |
JT
Jump Trading
Chicago,
Illinois
|
-$89K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JT
26
Jump Trading
Chicago,
Illinois
| – | -$89K | -160 | Closed |
|
27
HighTower Advisors
Chicago,
Illinois
| – | -$78K | -140 | Closed |
|
|
WS
28
Wedbush Securities
Los Angeles,
California
| – | -$72K | -131 | Closed |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| – | -$3K | -5 | Closed |
|
|
MWM
30
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$1K | -4 | Closed |
|
|
CFA
31
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$1K | -2 | Closed |
|
TVIX Hedge Fund Activity: Q1 2018 in Review
23 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily 2x VIX Short Term ETN (TVIX) for Q1 2018, worth a combined $344M — up 75% from $197M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TVIX and 7 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 12 added.
The largest buyer was Flow Traders U.S., adding an estimated $18.8M. The largest seller was Citadel Advisors, cutting an estimated $21.4M.
- 23 institutional investors held VelocityShares Daily 2x VIX Short Term ETN (TVIX) as of Q1 2018, down from 24 in Q4 2017.
- Funds reported $344M of VelocityShares Daily 2x VIX Short Term ETN stock for Q1 2018, up 75% quarter-over-quarter.
- 7 funds opened new VelocityShares Daily 2x VIX Short Term ETN positions in Q1 2018 and 8 closed out, a net change of -1 holder.
- The largest VelocityShares Daily 2x VIX Short Term ETN buyer in Q1 2018 was Flow Traders U.S., an estimated $18.8M added.
- The largest VelocityShares Daily 2x VIX Short Term ETN seller in Q1 2018 was Citadel Advisors, an estimated $21.4M sold.
Based on aggregated 13F filings for Q1 2018.