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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.

102 hedge funds and large institutions have $1.94B invested in iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 in 2018 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 16 increasing their positions, 28 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more funds holding in top 10

Funds holding in top 10: 512 (+7)

118% more capital invested

Capital invested by funds: $887M → $1.94B (+$1.05B)

17% more call options, than puts

Call options by funds: $3.52B | Put options by funds: $3B

7% less funds holding

Funds holding: 110102 (-8)

18% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 45

43% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 28

Holders
102
Holders Change
-8
Holders Change %
-7.27%
% of All Funds
2.27%
Holding in Top 10
12
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+140%
% of All Funds
0.27%
New
37
Increased
16
Reduced
28
Closed
45
Calls
$3.52B
Puts
$3B
Net Calls
+$523M
Net Calls Change
+$117M
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
1
Barclays
United Kingdom
$1.21B +$261M +7,052,371 +38%
Goldman Sachs
2
Goldman Sachs
New York
$155M +$22.5M +607,256 +22%
Marshall Wace
3
Marshall Wace
United Kingdom
$65.1M +$32.4M +874,330 +170%
Citigroup
4
Citigroup
New York
$54.7M +$36.8M +994,628 +575%
Walleye Trading
5
Walleye Trading
New York
$44.4M +$35M +946,940 New
Tiger Global Management
6
Tiger Global Management
New York
$41.3M
RCIM
7
Russell Clark Investment Management
United Kingdom
$36M +$16.6M +449,600 +141%
Wolverine Trading
8
Wolverine Trading
Illinois
$35.5M -$5.59M -151,039 -17%
Parallax Volatility Advisers
9
Parallax Volatility Advisers
California
$33.1M +$26.1M +706,369 New
Morgan Stanley
10
Morgan Stanley
New York
$27M -$10.3M -277,243 -32%
WCM
11
Wildcat Capital Management
New York
$24.4M +$19.2M +520,000 New
SG Americas Securities
12
SG Americas Securities
New York
$23.6M +$5.28M +142,603 +40%
CS
13
Credit Suisse
Switzerland
$17.8M +$10.5M +282,434 +289%
CT
14
CMT Trading
Illinois
$13.8M +$2.76M +74,647 +34%
IMC Chicago
15
IMC Chicago
Illinois
$13.1M +$10.4M +280,368 New
C
16
Cerebellum
California
$12.4M +$9.81M +265,109 New
Nomura Holdings
17
Nomura Holdings
Japan
$12.4M +$9.85M +266,213 New
RA
18
Rational Advisors
New York
$12.2M +$2.8M +75,569 +41%
Group One Trading
19
Group One Trading
Illinois
$12.1M +$9.58M +258,950 New
TCM
20
Tuttle Capital Management
Connecticut
$12M +$1.22M +32,838 +27%
Citadel Advisors
21
Citadel Advisors
Florida
$10.1M -$34.6M -936,187 -81%
OTC
22
Opera Trading Capital
France
$7.97M +$2.63M +71,133 +69%
Two Sigma Investments
23
Two Sigma Investments
New York
$7.09M +$5.6M +151,290 New
Millennium Management
24
Millennium Management
New York
$6.92M -$7.83M -211,604 -59%
TRCT
25
Tower Research Capital (TRC)
New York
$5.41M +$4.27M +115,489 New

VXX Hedge Fund Activity: Q4 2018 in Review

102 of the 4,488 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 2018, worth a combined $1.94B — up 118% from $887M a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of VXX and 37 opened new positions — a net loss of 8 holders — while 28 trimmed existing stakes and 16 added.

The largest buyer was Barclays, adding an estimated $261M. The largest seller was Citadel Advisors, cutting an estimated $34.6M.

  • 102 institutional investors held iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 (VXX) as of Q4 2018, down from 110 in Q3 2018.
  • Funds reported $1.94B of iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 stock for Q4 2018, up 118% quarter-over-quarter.
  • 37 funds opened new iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 positions in Q4 2018 and 45 closed out, a net change of -8 holders.
  • The largest iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 buyer in Q4 2018 was Barclays, an estimated $261M added.
  • The largest iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 seller in Q4 2018 was Citadel Advisors, an estimated $34.6M sold.

Based on aggregated 13F filings for Q4 2018.