VelocityShares Daily 2x VIX Short Term ETN
TVIX
TVIX was delisted on the 2nd of July, 2020.
24 hedge funds and large institutions have $405M invested in VelocityShares Daily 2x VIX Short Term ETN in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 2 reducing their positions, and 5 closing their positions.
650% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 2
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
18% more capital invested
Capital invested by funds: $344M → $405M (+$61.6M)
4% more funds holding
Funds holding: 23 → 24 (+1)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$104M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$44.9M |
| 3 |
SG Americas Securities
New York
|
+$37.2M |
| 4 |
Jane Street
New York
|
+$16.3M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.21M |
| 2 |
G
Gainplan
Bloomfield Hills,
Michigan
|
-$942K |
| 3 |
TSS
Two Sigma Securities
New York
|
-$213K |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$211K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$118K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
G
26
Gainplan
Bloomfield Hills,
Michigan
| – | -$942K | -1,000 | Closed |
|
|
TSS
27
Two Sigma Securities
New York
| – | -$213K | -226 | Closed |
|
|
DS
28
DRW Securities
Chicago,
Illinois
| – | -$211K | -224 | Closed |
|
|
GF
29
Gabelli Funds
Rye,
New York
| – | -$118K | -125 | Closed |
|
30
UBS Group
Zurich,
Switzerland
| – | -$10K | -10 | Closed |
|
TVIX Hedge Fund Activity: Q2 2018 in Review
24 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily 2x VIX Short Term ETN (TVIX) for Q2 2018, worth a combined $405M — up 18% from $344M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new TVIX positions and 5 closed out — a net gain of 1 holder — while 15 added to existing stakes and 2 trimmed.
The largest buyer was Credit Suisse, adding an estimated $104M. The largest seller was Virtu Financial, cutting an estimated $1.21M.
- 24 institutional investors held VelocityShares Daily 2x VIX Short Term ETN (TVIX) as of Q2 2018, up from 23 in Q1 2018.
- Funds reported $405M of VelocityShares Daily 2x VIX Short Term ETN stock for Q2 2018, up 18% quarter-over-quarter.
- 6 funds opened new VelocityShares Daily 2x VIX Short Term ETN positions in Q2 2018 and 5 closed out, a net change of +1 holder.
- The largest VelocityShares Daily 2x VIX Short Term ETN buyer in Q2 2018 was Credit Suisse, an estimated $104M added.
- The largest VelocityShares Daily 2x VIX Short Term ETN seller in Q2 2018 was Virtu Financial, an estimated $1.21M sold.
Based on aggregated 13F filings for Q2 2018.