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VXX

iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019

Delisted

VXX was delisted on the 29th of January, 2019.

90 hedge funds and large institutions have $1.36B invested in iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 20 increasing their positions, 35 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% less capital invested

Capital invested by funds: $1.54B → $1.36B (-$179M)

25% less funds holding

Funds holding: 12090 (-30)

41% less call options, than puts

Call options by funds: $1.99B | Put options by funds: $3.4B

43% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 35

56% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 50

67% less funds holding in top 10

Funds holding in top 10: 155 (-10)

Holders
90
Holders Change
-30
Holders Change %
-25%
% of All Funds
2.4%
Holding in Top 10
5
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-66.67%
% of All Funds
0.13%
New
22
Increased
20
Reduced
35
Closed
50
Calls
$1.99B
Puts
$3.4B
Net Calls
-$1.41B
Net Calls Change
+$70.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
1
Barclays
United Kingdom
$781M +$15.1M +30,807 +2%
BNP Paribas Financial Markets
2
BNP Paribas Financial Markets
France
$137M +$39.3M +79,935 +41%
Deutsche Bank
3
Deutsche Bank
Germany
$57.5M +$10.2M +20,806 +22%
WI
4
WBI Investments
New Jersey
$44.9M -$52.4M -106,578 -54%
Walleye Trading
5
Walleye Trading
New York
$42.1M +$19.2M +39,151 +88%
QCM
6
QFR Capital Management
New York
$38.8M +$20.6M +41,922 +120%
FTUS
7
Flow Traders U.S.
New York
$37.8M -$22M -44,776 -37%
HI
8
HBK Investments
Texas
$35.7M -$25M -50,899 -42%
Goldman Sachs
9
Goldman Sachs
New York
$29.5M +$25M +50,868 +663%
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$25.9M -$77.3M -157,304 -75%
Jane Street
11
Jane Street
New York
$22.5M +$5.61M +11,420 +34%
Millennium Management
12
Millennium Management
New York
$14.2M +$4.87M +9,913 +55%
SG Americas Securities
13
SG Americas Securities
New York
$9.45M +$9.21M +18,750 New
CS
14
Credit Suisse
Switzerland
$8.42M +$7.07M +14,378 +619%
SM
15
SLS Management
New York
$8.06M +$7.85M +15,982 New
D.E. Shaw & Co
16
D.E. Shaw & Co
New York
$6.3M +$6.14M +12,500 New
Tudor Investment Corp
17
Tudor Investment Corp
Connecticut
$6.08M +$886K +1,803 +18%
SM
18
Scoggin Management
New York
$5.92M +$5.77M +11,750 New
Bank of America
19
Bank of America
North Carolina
$4.79M -$7.16M -14,569 -61%
PCM
20
Prelude Capital Management
New York
$3.34M +$3.16M +6,438 +3,424%
SC
21
Sculptor Capital
New York
$3.15M +$3.07M +6,250 New
PSC
22
Piper Sandler & Co
Minnesota
$3.05M -$7.15M -14,552 -71%
WCM
23
Wildcat Capital Management
New York
$3.04M +$2.97M +6,036 New
LCM
24
LionEye Capital Management
New York
$2.52M +$894K +1,819 +57%
VKH
25
Virtu KCG Holdings
New York
$2.42M +$1.8M +3,666 +324%

VXX Hedge Fund Activity: Q4 2014 in Review

90 of the 3,750 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 2014, worth a combined $1.36B — down 12% from $1.54B a quarter earlier.

Sellers outnumbered buyers: 50 funds closed out of VXX and 22 opened new positions — a net loss of 28 holders — while 35 trimmed existing stakes and 20 added.

The largest buyer was BNP Paribas Financial Markets, adding an estimated $39.3M. The largest seller was Susquehanna International Group, cutting an estimated $77.3M.

  • 90 institutional investors held iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 (VXX) as of Q4 2014, down from 120 in Q3 2014.
  • Funds reported $1.36B of iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 stock for Q4 2014, down 12% quarter-over-quarter.
  • 22 funds opened new iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 positions in Q4 2014 and 50 closed out, a net change of -28 holders.
  • The largest iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 buyer in Q4 2014 was BNP Paribas Financial Markets, an estimated $39.3M added.
  • The largest iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 seller in Q4 2014 was Susquehanna International Group, an estimated $77.3M sold.

Based on aggregated 13F filings for Q4 2014.