VelocityShares Daily 2x VIX Short Term ETN
TVIX
TVIX was delisted on the 2nd of July, 2020.
26 hedge funds and large institutions have $558M invested in VelocityShares Daily 2x VIX Short Term ETN in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 9 closing their positions.
167% more capital invested
Capital invested by funds: $209M → $558M (+$349M)
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
13% more funds holding
Funds holding: 23 → 26 (+3)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$17.3M |
| 2 |
SG Americas Securities
New York
|
+$12.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.84M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$9.34M |
| 5 |
HF
HRT Financial
New York
|
+$7.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$59.1M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5.72M |
| 3 |
PCM
Prelude Capital Management
New York
|
-$5.48M |
| 4 |
Citigroup
New York
|
-$5.26M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$1.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FCMT
26
Founders Capital Management (Texas)
Houston,
Texas
| $4K | – | – | – |
|
|
27
Citigroup
New York
| – | -$5.26M | -20,000 | Closed |
|
|
BFM
28
Boothbay Fund Management
New York
| – | -$1.71M | -6,499 | Closed |
|
29
JP Morgan Chase
New York
| – | -$607K | -2,304 | Closed |
|
|
IP
30
Intellectus Partners
San Francisco,
California
| – | -$158K | -600 | Closed |
|
|
MWM
31
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$128K | -500 | Closed |
|
|
AG
32
Advisor Group
Phoenix,
Arizona
| – | -$66K | -250 | Closed |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| – | -$16K | -60 | Closed |
|
34
US Bancorp
Minneapolis,
Minnesota
| – | -$7K | -28 | Closed |
|
|
APP
35
Avantax Planning Partners
Dubuque,
Iowa
| – | -$1K | -3 | Closed |
|
TVIX Hedge Fund Activity: Q4 2018 in Review
26 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily 2x VIX Short Term ETN (TVIX) for Q4 2018, worth a combined $558M — up 167% from $209M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TVIX positions and 9 closed out — a net gain of 3 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Flow Traders U.S., adding an estimated $17.3M. The largest seller was Credit Suisse, cutting an estimated $59.1M.
- 26 institutional investors held VelocityShares Daily 2x VIX Short Term ETN (TVIX) as of Q4 2018, up from 23 in Q3 2018.
- Funds reported $558M of VelocityShares Daily 2x VIX Short Term ETN stock for Q4 2018, up 167% quarter-over-quarter.
- 12 funds opened new VelocityShares Daily 2x VIX Short Term ETN positions in Q4 2018 and 9 closed out, a net change of +3 holders.
- The largest VelocityShares Daily 2x VIX Short Term ETN buyer in Q4 2018 was Flow Traders U.S., an estimated $17.3M added.
- The largest VelocityShares Daily 2x VIX Short Term ETN seller in Q4 2018 was Credit Suisse, an estimated $59.1M sold.
Based on aggregated 13F filings for Q4 2018.