VelocityShares Daily 2x VIX Short Term ETN
TVIX
TVIX was delisted on the 2nd of July, 2020.
28 hedge funds and large institutions have $263M invested in VelocityShares Daily 2x VIX Short Term ETN in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 7 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
8% more funds holding
Funds holding: 26 → 28 (+2)
45% less capital invested
Capital invested by funds: $481M → $263M (-$218M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.76M |
| 2 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
+$2.91M |
| 3 |
VF
Virtu Financial
New York
|
+$2.25M |
| 4 |
RA
Rational Advisors
Huntington,
New York
|
+$1.97M |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$68.4M |
| 2 |
Morgan Stanley
New York
|
-$26.6M |
| 3 |
SG Americas Securities
New York
|
-$11.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.43M |
| 5 |
JP Morgan Chase
New York
|
-$3.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | – | – | – |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
FCMT
28
Founders Capital Management (Texas)
Houston,
Texas
| $1K | – | – | – |
|
|
RFA
29
Reilly Financial Advisors
La Mesa,
California
| $1K | – | – | – |
|
|
30
UBS Group
Zurich,
Switzerland
| – | -$3.43M | -15,411 | Closed |
|
|
FTUS
31
Flow Traders U.S.
New York
| – | -$2.2M | -8,411 | Closed |
|
32
Jane Street
New York
| – | -$872K | -3,334 | Closed |
|
33
Renaissance Technologies
New York
| – | -$831K | -3,176 | Closed |
|
|
IP
34
Intellectus Partners
San Francisco,
California
| – | -$104K | -396 | Closed |
|
|
LC
35
Lindbrook Capital
Calabasas,
California
| – | -$39K | -150 | Closed |
|
|
DWM
36
Destination Wealth Management
Walnut Creek,
California
| – | -$1K | -3 | Closed |
|
TVIX Hedge Fund Activity: Q2 2019 in Review
28 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily 2x VIX Short Term ETN (TVIX) for Q2 2019, worth a combined $263M — down 45% from $481M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TVIX positions and 7 closed out — a net gain of 2 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $3.76M. The largest seller was Credit Suisse, cutting an estimated $68.4M.
- 28 institutional investors held VelocityShares Daily 2x VIX Short Term ETN (TVIX) as of Q2 2019, up from 26 in Q1 2019.
- Funds reported $263M of VelocityShares Daily 2x VIX Short Term ETN stock for Q2 2019, down 45% quarter-over-quarter.
- 9 funds opened new VelocityShares Daily 2x VIX Short Term ETN positions in Q2 2019 and 7 closed out, a net change of +2 holders.
- The largest VelocityShares Daily 2x VIX Short Term ETN buyer in Q2 2019 was Citadel Advisors, an estimated $3.76M added.
- The largest VelocityShares Daily 2x VIX Short Term ETN seller in Q2 2019 was Credit Suisse, an estimated $68.4M sold.
Based on aggregated 13F filings for Q2 2019.