ProShares VIX Mid-Term Futures ETF
VIXM
10 hedge funds and large institutions have $17.3M invested in ProShares VIX Mid-Term Futures ETF in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
11% more funds holding
Funds holding: 9 → 10 (+1)
21.41% less ownership
Funds ownership: 80.11% → 58.7% (-21%)
28% less call options, than puts
Call options by funds: $5.88M | Put options by funds: $8.14M
50% less capital invested
Capital invested by funds: $34.5M → $17.3M (-$17.2M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.71M |
| 2 |
LJAC
L.J. Altfest & Co
New York
|
+$986K |
| 3 |
VF
Virtu Financial
New York
|
+$773K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$39.5K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$16.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.3M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$1.77M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$317K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$53.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$31K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $8.72M | -$16.3M | -697,613 | -63% |
|
|
2
Jane Street
New York
| $4.5M | +$3.71M | +158,873 | +294% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.09M | -$317K | -13,572 | -21% |
|
|
4
HighTower Advisors
Chicago,
Illinois
| $1.05M | -$1.77M | -75,654 | -60% |
|
|
LJAC
5
L.J. Altfest & Co
New York
| $893K | +$986K | +42,221 | New |
|
|
VF
6
Virtu Financial
New York
| $700K | +$773K | +33,084 | New |
|
|
FTUS
7
Flow Traders U.S.
New York
| $236K | -$53.2K | -2,276 | -17% |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $36K | +$39.5K | +1,691 | New |
|
|
9
Simplex Trading
Chicago,
Illinois
| $19K | +$16.7K | +714 | +380% |
|
10
Envestnet Asset Management
Chicago,
Illinois
| $8K | – | – | – |
|
|
11
UBS Group
Zurich,
Switzerland
| – | -$31K | -1,224 | Closed |
|
|
CG
12
Cutler Group
San Francisco,
California
| – | -$4.67K | -200 | Closed |
|
VIXM Hedge Fund Activity: Q4 2017 in Review
10 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in ProShares VIX Mid-Term Futures ETF (VIXM) for Q4 2017, worth a combined $17.3M — down 50% from $34.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new VIXM positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Jane Street, adding an estimated $3.71M. The largest seller was Morgan Stanley, cutting an estimated $16.3M.
- 10 institutional investors held ProShares VIX Mid-Term Futures ETF (VIXM) as of Q4 2017, up from 9 in Q3 2017.
- Funds reported $17.3M of ProShares VIX Mid-Term Futures ETF stock for Q4 2017, down 50% quarter-over-quarter.
- 3 funds opened new ProShares VIX Mid-Term Futures ETF positions in Q4 2017 and 2 closed out, a net change of +1 holder.
- The largest ProShares VIX Mid-Term Futures ETF buyer in Q4 2017 was Jane Street, an estimated $3.71M added.
- The largest ProShares VIX Mid-Term Futures ETF seller in Q4 2017 was Morgan Stanley, an estimated $16.3M sold.
Based on aggregated 13F filings for Q4 2017.