iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
VXX was delisted on the 29th of January, 2019.
130 hedge funds and large institutions have $790M invested in iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 in 2017 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 36 increasing their positions, 28 reducing their positions, and 34 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
29% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 28
26% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 34
7% more funds holding
Funds holding: 121 → 130 (+9)
10% less capital invested
Capital invested by funds: $882M → $790M (-$91.5M)
21% less call options, than puts
Call options by funds: $1.5B | Put options by funds: $1.89B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$105M |
| 2 |
Jane Street
New York
|
+$103M |
| 3 |
CFIC
City Financial Investment Company
London,
United Kingdom
|
+$49.5M |
| 4 |
Goldman Sachs
New York
|
+$23.1M |
| 5 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$70.2M |
| 2 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$26.9M |
| 3 |
Morgan Stanley
New York
|
-$21.1M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$20.7M |
| 5 |
Barclays
London,
United Kingdom
|
-$12.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAAS
151
First Allied Advisory Services
San Diego,
California
| – | -$312K | -7,975 | Closed |
|
|
EP
152
Elkhorn Partners
Omaha,
Nebraska
| – | -$246K | -6,275 | Closed |
|
|
SI
153
Sprott Inc
Toronto,
Ontario, Canada
| – | -$240K | -6,125 | Closed |
|
|
KA
154
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$224K | -5,728 | Closed |
|
|
BCA
155
Benchmark Capital Advisors
New York
| – | -$217K | -5,534 | Closed |
|
|
AFP
156
Ausdal Financial Partners
Davenport,
Iowa
| – | -$203K | -5,169 | Closed |
|
|
BF
157
BOK Financial
Tulsa,
Oklahoma
| – | -$72K | -1,840 | Closed |
|
|
MFW
158
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$10K | -250 | Closed |
|
159
Wells Fargo
San Francisco,
California
| – | -$2.08K | -63 | -89% |
|
|
NFG
160
Next Financial Group
Houston,
Texas
| – | -$2K | -54 | Closed |
|
|
IP
161
Intellectus Partners
San Francisco,
California
| – | -$1.52K | -46 | -79% |
|
|
CLOS
162
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | +$693 | +21 | +100% |
|
VXX Hedge Fund Activity: Q4 2017 in Review
130 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 (VXX) for Q4 2017, worth a combined $790M — down 10% from $882M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new VXX positions and 34 closed out — a net gain of 9 holders — while 36 added to existing stakes and 28 trimmed.
The largest buyer was D.E. Shaw & Co, opening a new position worth an estimated $105M. The largest seller was Citadel Advisors, exiting entirely with an estimated $70.2M sold.
- 130 institutional investors held iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 (VXX) as of Q4 2017, up from 121 in Q3 2017.
- Funds reported $790M of iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 stock for Q4 2017, down 10% quarter-over-quarter.
- 43 funds opened new iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 positions in Q4 2017 and 34 closed out, a net change of +9 holders.
- The largest iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 buyer in Q4 2017 was D.E. Shaw & Co, an estimated $105M added.
- The largest iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 seller in Q4 2017 was Citadel Advisors, an estimated $70.2M sold.
Based on aggregated 13F filings for Q4 2017.