iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
62 hedge funds and large institutions have $565M invested in iPath Series B S&P 500 VIX Short-Term Futures ETN in 2019 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 25 increasing their positions, 10 reducing their positions, and 20 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 10
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
3% more funds holding
Funds holding: 60 → 62 (+2)
1.01% more ownership
Funds ownership: 0% → 1.01% (+1%)
2% more capital invested
Capital invested by funds: $552M → $565M (+$12.7M)
5% less call options, than puts
Call options by funds: $805M | Put options by funds: $846M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$37.8M |
| 2 |
Goldman Sachs
New York
|
+$27.2M |
| 3 |
Millennium Management
New York
|
+$21.2M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$16.6M |
| 5 |
SG Americas Securities
New York
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$25.9M |
| 2 |
Morgan Stanley
New York
|
-$20.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$14.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.1M |
| 5 |
Barclays
London,
United Kingdom
|
-$8.47M |
VXX Hedge Fund Activity: Q2 2019 in Review
62 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) for Q2 2019, worth a combined $565M — up 2.3% from $552M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new VXX positions and 20 closed out — a net gain of 3 holders — while 25 added to existing stakes and 10 trimmed.
The largest buyer was Wolverine Trading, opening a new position worth an estimated $37.8M. The largest seller was JP Morgan Chase, cutting an estimated $25.9M.
- 62 institutional investors held iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) as of Q2 2019, up from 60 in Q1 2019.
- Funds reported $565M of iPath Series B S&P 500 VIX Short-Term Futures ETN stock for Q2 2019, up 2.3% quarter-over-quarter.
- 23 funds opened new iPath Series B S&P 500 VIX Short-Term Futures ETN positions in Q2 2019 and 20 closed out, a net change of +3 holders.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN buyer in Q2 2019 was Wolverine Trading, an estimated $37.8M added.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN seller in Q2 2019 was JP Morgan Chase, an estimated $25.9M sold.
Based on aggregated 13F filings for Q2 2019.