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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.

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.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 26 (+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: 121130 (+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

Holders
130
Holders Change
+9
Holders Change %
+7.44%
% of All Funds
2.95%
Holding in Top 10
6
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+200%
% of All Funds
0.14%
New
43
Increased
36
Reduced
28
Closed
34
Calls
$1.5B
Puts
$1.89B
Net Calls
-$392M
Net Calls Change
-$107M
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
1
Barclays
United Kingdom
$275M -$12.2M -369,436 -4%
Jane Street
2
Jane Street
New York
$113M +$103M +3,113,842 +331%
D.E. Shaw & Co
3
D.E. Shaw & Co
New York
$88.8M +$105M +3,178,870 New
CFIC
4
City Financial Investment Company
United Kingdom
$41.9M +$49.5M +1,500,000 New
Goldman Sachs
5
Goldman Sachs
New York
$20.7M +$23.1M +700,864 +1,667%
Bank of America
6
Bank of America
North Carolina
$20.4M +$11.1M +337,787 +86%
PGCM
7
Prescott Group Capital Management
Oklahoma
$16.2M +$19.1M +580,000 New
LCM
8
Laurion Capital Management
New York
$15.4M +$13.8M +416,895 +313%
Morgan Stanley
9
Morgan Stanley
New York
$14.8M -$21.1M -638,905 -55%
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$14.7M +$17.3M +525,446 New
Tiger Global Management
11
Tiger Global Management
New York
$14.5M +$7.15M +216,833 +71%
GGHC
12
Gilder Gagnon Howe & Co
New York
$13.7M +$3.31M +100,229 +26%
Nomura Holdings
13
Nomura Holdings
Japan
$13.3M +$3.67M +111,367 +30%
CTC (Chicago Trading Company)
14
CTC (Chicago Trading Company)
Illinois
$10.7M +$12.7M +384,903 New
IA
15
IndexIQ Advisors
New York
$10.1M +$4.97M +150,746 +72%
WAM
16
Wolverine Asset Management
Illinois
$7.44M +$7.57M +229,438 +621%
LPC
17
Lone Pine Capital
Connecticut
$6.98M
FTUS
18
Flow Traders U.S.
New York
$6.25M +$7.39M +223,914 New
Parallax Volatility Advisers
19
Parallax Volatility Advisers
California
$5.2M +$6.15M +186,287 New
Millennium Management
20
Millennium Management
New York
$5.01M +$870K +26,381 +17%
Capstone Investment Advisors
21
Capstone Investment Advisors
New York
$4.46M +$5.27M +159,824 New
GC
22
GMT Capital
Georgia
$4.3M
CA
23
Commerzbank Aktiengesellschaft
Germany
$4.3M +$920K +27,874 +22%
RIA
24
RPG Investment Advisory
California
$4.26M -$434K -13,168 -8%
PP
25
Paloma Partners
Connecticut
$4.05M +$3.73M +112,926 +351%

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.