ProShares VIX Mid-Term Futures ETF
VIXM
8 hedge funds and large institutions have $37.8M invested in ProShares VIX Mid-Term Futures ETF in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 6 closing their positions.
247% more capital invested
Capital invested by funds: $10.9M → $37.8M (+$26.9M)
8.16% more ownership
Funds ownership: 57.93% → 66.09% (+8.2%)
11% less funds holding
Funds holding: 9 → 8 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
66% less call options, than puts
Call options by funds: $2.57M | Put options by funds: $7.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lakewood Capital Management
New York
|
+$23.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$682K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$229K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$29.2K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$12.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$1.02M |
| 2 |
LJAC
L.J. Altfest & Co
New York
|
-$894K |
| 3 |
Jane Street
New York
|
-$538K |
| 4 |
VF
Virtu Financial
New York
|
-$212K |
| 5 |
Morgan Stanley
New York
|
-$57.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
1
Lakewood Capital Management
New York
| $26.3M | +$23.9M | +981,700 | New |
|
|
2
Morgan Stanley
New York
| $8.95M | -$57.5K | -2,363 | -0.7% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $2.31M | +$682K | +28,019 | +48% |
|
|
4
Envestnet Asset Management
Chicago,
Illinois
| $252K | +$229K | +9,407 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $32K | +$29.2K | +1,199 | New |
|
|
CG
6
Cutler Group
San Francisco,
California
| $13K | +$12.1K | +499 | New |
|
|
SWP
7
Strategic Wealth Partners
Independence,
Ohio
| $8K | -$2.43K | -100 | -25% |
|
8
JP Morgan Chase
New York
| $1K | +$559 | +23 | New |
|
|
9
HighTower Advisors
Chicago,
Illinois
| – | -$1.02M | -49,512 | Closed |
|
|
LJAC
10
L.J. Altfest & Co
New York
| – | -$894K | -43,251 | Closed |
|
|
11
Jane Street
New York
| – | -$538K | -26,023 | Closed |
|
|
VF
12
Virtu Financial
New York
| – | -$212K | -10,299 | Closed |
|
|
LTFS
13
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$35K | -1,691 | Closed |
|
|
SPIA
14
Steward Partners Investment Advisory
New York
| – | -$10K | -500 | Closed |
|
VIXM Hedge Fund Activity: Q4 2018 in Review
8 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in ProShares VIX Mid-Term Futures ETF (VIXM) for Q4 2018, worth a combined $37.8M — up 247% from $10.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of VIXM and 5 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Lakewood Capital Management, opening a new position worth an estimated $23.9M. The largest seller was HighTower Advisors, exiting entirely with an estimated $1.02M sold.
- 8 institutional investors held ProShares VIX Mid-Term Futures ETF (VIXM) as of Q4 2018, down from 9 in Q3 2018.
- Funds reported $37.8M of ProShares VIX Mid-Term Futures ETF stock for Q4 2018, up 247% quarter-over-quarter.
- 5 funds opened new ProShares VIX Mid-Term Futures ETF positions in Q4 2018 and 6 closed out, a net change of -1 holder.
- The largest ProShares VIX Mid-Term Futures ETF buyer in Q4 2018 was Lakewood Capital Management, an estimated $23.9M added.
- The largest ProShares VIX Mid-Term Futures ETF seller in Q4 2018 was HighTower Advisors, an estimated $1.02M sold.
Based on aggregated 13F filings for Q4 2018.