iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
58 hedge funds and large institutions have $232M invested in iPath Series B S&P 500 VIX Short-Term Futures ETN in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 37 closing their positions.
95% more capital invested
Capital invested by funds: $119M → $232M (+$113M)
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
16.68% more ownership
Funds ownership: 1.97% → 18.65% (+17%)
32% less funds holding
Funds holding: 85 → 58 (-27)
40% less call options, than puts
Call options by funds: $344M | Put options by funds: $572M
68% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$135M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.8M |
| 3 |
Millennium Management
New York
|
+$9.75M |
| 4 |
JC
JBF Capital
Aspen,
Colorado
|
+$8.71M |
| 5 |
Jane Street
New York
|
+$6.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$7.56M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$5.77M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$5.27M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$3.54M |
| 5 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$1.97M |
VXX Hedge Fund Activity: Q1 2023 in Review
58 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) for Q1 2023, worth a combined $232M — up 95% from $119M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of VXX and 12 opened new positions — a net loss of 25 holders — while 14 trimmed existing stakes and 23 added.
The largest buyer was Barclays, adding an estimated $135M. The largest seller was Goldman Sachs, cutting an estimated $7.56M.
- 58 institutional investors held iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) as of Q1 2023, down from 85 in Q4 2022.
- Funds reported $232M of iPath Series B S&P 500 VIX Short-Term Futures ETN stock for Q1 2023, up 95% quarter-over-quarter.
- 12 funds opened new iPath Series B S&P 500 VIX Short-Term Futures ETN positions in Q1 2023 and 37 closed out, a net change of -25 holders.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN buyer in Q1 2023 was Barclays, an estimated $135M added.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN seller in Q1 2023 was Goldman Sachs, an estimated $7.56M sold.
Based on aggregated 13F filings for Q1 2023.