iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
57 hedge funds and large institutions have $417M invested in iPath Series B S&P 500 VIX Short-Term Futures ETN in 2025 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 22 closing their positions.
68% more call options, than puts
Call options by funds: $401M | Put options by funds: $238M
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
7% less funds holding
Funds holding: 61 → 57 (-4)
13% less capital invested
Capital invested by funds: $481M → $417M (-$64.1M)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
64.12% less ownership
Funds ownership: 184.45% → 120.33% (-64%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$59.1M |
| 2 |
CCS
Concentric Capital Strategies
Stamford,
Connecticut
|
+$8.64M |
| 3 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
+$6.98M |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$4.17M |
| 5 |
SCI
Stableford Capital II
Scottsdale,
Arizona
|
+$4.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$81M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15.6M |
| 3 |
TF
Trek Financial
Scottsdale,
Arizona
|
-$7.65M |
| 4 |
Millennium Management
New York
|
-$7.59M |
| 5 |
Jane Street
New York
|
-$5.42M |
VXX Hedge Fund Activity: Q2 2025 in Review
57 of the 7,596 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 2025, worth a combined $417M — down 13% from $481M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of VXX and 19 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 13 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $59.1M. The largest seller was Barclays, cutting an estimated $81M.
- 57 institutional investors held iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) as of Q2 2025, down from 61 in Q1 2025.
- Funds reported $417M of iPath Series B S&P 500 VIX Short-Term Futures ETN stock for Q2 2025, down 13% quarter-over-quarter.
- 19 funds opened new iPath Series B S&P 500 VIX Short-Term Futures ETN positions in Q2 2025 and 22 closed out, a net change of -3 holders.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN buyer in Q2 2025 was Goldman Sachs, an estimated $59.1M added.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN seller in Q2 2025 was Barclays, an estimated $81M sold.
Based on aggregated 13F filings for Q2 2025.