VelocityShares Daily 2x VIX Short Term ETN
TVIX
TVIX was delisted on the 2nd of July, 2020.
40 hedge funds and large institutions have $440M invested in VelocityShares Daily 2x VIX Short Term ETN in 2019 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 9 closing their positions.
133% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 9
67% more capital invested
Capital invested by funds: $263M → $440M (+$176M)
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
43% more funds holding
Funds holding: 28 → 40 (+12)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$195M |
| 2 |
SG Americas Securities
New York
|
+$50.4M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$22M |
| 4 |
Millennium Management
New York
|
+$10.6M |
| 5 |
Barclays
London,
United Kingdom
|
+$3.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.66M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.13M |
| 3 |
RA
Rational Advisors
Huntington,
New York
|
-$1.02M |
| 4 |
Morgan Stanley
New York
|
-$640K |
| 5 |
HIS
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
-$506K |
TVIX Hedge Fund Activity: Q3 2019 in Review
40 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily 2x VIX Short Term ETN (TVIX) for Q3 2019, worth a combined $440M — up 67% from $263M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TVIX positions and 9 closed out — a net gain of 12 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Credit Suisse, adding an estimated $195M. The largest seller was Citadel Advisors, cutting an estimated $1.66M.
- 40 institutional investors held VelocityShares Daily 2x VIX Short Term ETN (TVIX) as of Q3 2019, up from 28 in Q2 2019.
- Funds reported $440M of VelocityShares Daily 2x VIX Short Term ETN stock for Q3 2019, up 67% quarter-over-quarter.
- 21 funds opened new VelocityShares Daily 2x VIX Short Term ETN positions in Q3 2019 and 9 closed out, a net change of +12 holders.
- The largest VelocityShares Daily 2x VIX Short Term ETN buyer in Q3 2019 was Credit Suisse, an estimated $195M added.
- The largest VelocityShares Daily 2x VIX Short Term ETN seller in Q3 2019 was Citadel Advisors, an estimated $1.66M sold.
Based on aggregated 13F filings for Q3 2019.