ProShares VIX Mid-Term Futures ETF
VIXM
10 hedge funds and large institutions have $10.4M invested in ProShares VIX Mid-Term Futures ETF in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 4 closing their positions.
26% more call options, than puts
Call options by funds: $3.27M | Put options by funds: $2.6M
7.98% less ownership
Funds ownership: 60.39% → 52.4% (-8%)
17% less funds holding
Funds holding: 12 → 10 (-2)
31% less capital invested
Capital invested by funds: $15M → $10.4M (-$4.64M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LJAC
L.J. Altfest & Co
New York
|
+$497K |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$219K |
| 3 |
Morgan Stanley
New York
|
+$66.5K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$11.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.55M |
| 2 |
Jane Street
New York
|
-$1.19M |
| 3 |
VF
Virtu Financial
New York
|
-$527K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$282K |
| 5 |
LPL Financial
San Diego,
California
|
-$213K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $7.16M | +$66.5K | +2,809 | +0.9% |
|
2
HighTower Advisors
Chicago,
Illinois
| $1.11M | -$24.9K | -1,052 | -2% |
|
|
LJAC
3
L.J. Altfest & Co
New York
| $995K | +$497K | +21,019 | +95% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $826K | -$1.55M | -65,316 | -65% |
|
|
5
Northern Trust
Chicago,
Illinois
| $213K | +$219K | +9,272 | New |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $45K | – | – | – |
|
|
SPIA
7
Steward Partners Investment Advisory
New York
| $12K | +$11.8K | +500 | New |
|
|
SWP
8
Strategic Wealth Partners
Independence,
Ohio
| $9K | – | – | – |
|
9
Envestnet Asset Management
Chicago,
Illinois
| $8K | – | – | – |
|
10
UBS Group
Zurich,
Switzerland
| $5K | -$12.4K | -522 | -70% |
|
|
11
Jane Street
New York
| – | -$1.19M | -45,014 | Closed |
|
|
VF
12
Virtu Financial
New York
| – | -$527K | -19,928 | Closed |
|
|
13
Simplex Trading
Chicago,
Illinois
| – | -$282K | -10,671 | Closed |
|
|
14
LPL Financial
San Diego,
California
| – | -$213K | -8,071 | Closed |
|
VIXM Hedge Fund Activity: Q2 2018 in Review
10 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in ProShares VIX Mid-Term Futures ETF (VIXM) for Q2 2018, worth a combined $10.4M — down 31% from $15M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of VIXM and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was L.J. Altfest & Co, adding an estimated $497K. The largest seller was Susquehanna International Group, cutting an estimated $1.55M.
- 10 institutional investors held ProShares VIX Mid-Term Futures ETF (VIXM) as of Q2 2018, down from 12 in Q1 2018.
- Funds reported $10.4M of ProShares VIX Mid-Term Futures ETF stock for Q2 2018, down 31% quarter-over-quarter.
- 2 funds opened new ProShares VIX Mid-Term Futures ETF positions in Q2 2018 and 4 closed out, a net change of -2 holders.
- The largest ProShares VIX Mid-Term Futures ETF buyer in Q2 2018 was L.J. Altfest & Co, an estimated $497K added.
- The largest ProShares VIX Mid-Term Futures ETF seller in Q2 2018 was Susquehanna International Group, an estimated $1.55M sold.
Based on aggregated 13F filings for Q2 2018.