VelocityShares Daily 2x VIX Short Term ETN
TVIX
TVIX was delisted on the 2nd of July, 2020.
23 hedge funds and large institutions have $209M invested in VelocityShares Daily 2x VIX Short Term ETN in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
4% less funds holding
Funds holding: 24 → 23 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
48% less capital invested
Capital invested by funds: $405M → $209M (-$196M)
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$87.6M |
| 2 |
PCM
Prelude Capital Management
New York
|
+$2.95M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.18M |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$2.11M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$24.7M |
| 2 |
SG Americas Securities
New York
|
-$21.6M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$19.3M |
| 4 |
Jane Street
New York
|
-$10.2M |
| 5 |
HF
HRT Financial
New York
|
-$6.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CT
26
CMT Trading
Chicago,
Illinois
| – | -$3.18M | -6,030 | Closed |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$577K | -1,094 | Closed |
|
28
Renaissance Technologies
New York
| – | -$409K | -776 | Closed |
|
29
Creative Planning
Overland Park,
Kansas
| – | -$340K | -645 | Closed |
|
|
CCP
30
Clough Capital Partners
Boston,
Massachusetts
| – | -$275K | -522 | Closed |
|
|
BA
31
Ballew Advisors
Jackson,
Mississippi
| – | -$37K | -70 | Closed |
|
TVIX Hedge Fund Activity: Q3 2018 in Review
23 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily 2x VIX Short Term ETN (TVIX) for Q3 2018, worth a combined $209M — down 48% from $405M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TVIX and 6 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 7 added.
The largest buyer was Credit Suisse, adding an estimated $87.6M. The largest seller was Citadel Advisors, cutting an estimated $24.7M.
- 23 institutional investors held VelocityShares Daily 2x VIX Short Term ETN (TVIX) as of Q3 2018, down from 24 in Q2 2018.
- Funds reported $209M of VelocityShares Daily 2x VIX Short Term ETN stock for Q3 2018, down 48% quarter-over-quarter.
- 6 funds opened new VelocityShares Daily 2x VIX Short Term ETN positions in Q3 2018 and 7 closed out, a net change of -1 holder.
- The largest VelocityShares Daily 2x VIX Short Term ETN buyer in Q3 2018 was Credit Suisse, an estimated $87.6M added.
- The largest VelocityShares Daily 2x VIX Short Term ETN seller in Q3 2018 was Citadel Advisors, an estimated $24.7M sold.
Based on aggregated 13F filings for Q3 2018.