iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
61 hedge funds and large institutions have $481M invested in iPath Series B S&P 500 VIX Short-Term Futures ETN in 2025 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 20 closing their positions.
52% more call options, than puts
Call options by funds: $358M | Put options by funds: $235M
44.72% more ownership
Funds ownership: 139.73% → 184.45% (+45%)
40% more capital invested
Capital invested by funds: $345M → $481M (+$137M)
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
0% more funds holding
Funds holding: 61 → 61 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$51.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$24.8M |
| 3 |
Millennium Management
New York
|
+$23.6M |
| 4 |
Jane Street
New York
|
+$9.11M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$8.89M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$8.59M |
| 3 |
TA
Trivest Advisors
Hong Kong
|
-$6.71M |
| 4 |
CCS
Concentric Capital Strategies
Stamford,
Connecticut
|
-$6.51M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Goldman Sachs
New York
| – | -$243K | -5,306 | Closed |
|
|
CH
77
Canton Hathaway
Providence,
Rhode Island
| – | -$94K | -2,050 | Closed |
|
|
EC
78
Elequin Capital
New York
| – | -$10.2K | -223 | Closed |
|
|
FDCDDQ
79
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$684 | -15 | Closed |
|
|
TAM
80
Tucker Asset Management
Littleton,
Colorado
| – | -$275 | -6 | Closed |
|
|
DB
81
Danske Bank
Copenhagen K,
Denmark
| – | -$46 | -1 | Closed |
|
VXX Hedge Fund Activity: Q1 2025 in Review
61 of the 7,459 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 2025, worth a combined $481M — up 40% from $345M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new VXX positions and 20 closed out — a net gain of 2 holders — while 17 added to existing stakes and 13 trimmed.
The largest buyer was Barclays, adding an estimated $51.4M. The largest seller was IMC Chicago, exiting entirely with an estimated $8.89M sold.
- 61 institutional investors held iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) as of Q1 2025, unchanged from Q4 2024.
- Funds reported $481M of iPath Series B S&P 500 VIX Short-Term Futures ETN stock for Q1 2025, up 40% quarter-over-quarter.
- 22 funds opened new iPath Series B S&P 500 VIX Short-Term Futures ETN positions in Q1 2025 and 20 closed out, a net change of +2 holders.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN buyer in Q1 2025 was Barclays, an estimated $51.4M added.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN seller in Q1 2025 was IMC Chicago, an estimated $8.89M sold.
Based on aggregated 13F filings for Q1 2025.