iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
117 hedge funds and large institutions have $596M invested in iPath Series B S&P 500 VIX Short-Term Futures ETN in 2021 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 42 increasing their positions, 26 reducing their positions, and 48 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 26
15% more call options, than puts
Call options by funds: $533M | Put options by funds: $465M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.26% less ownership
Funds ownership: 0.96% → 0.71% (-0.26%)
3% less capital invested
Capital invested by funds: $616M → $596M (-$20.5M)
9% less funds holding
Funds holding: 128 → 117 (-11)
21% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$156M |
| 2 |
Millennium Management
New York
|
+$32.5M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$26.4M |
| 4 |
Barclays
London,
United Kingdom
|
+$22.9M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$22.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$44.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$38.4M |
| 3 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$12M |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$12M |
| 5 |
Two Sigma Investments
New York
|
-$9.7M |
VXX Hedge Fund Activity: Q1 2021 in Review
117 of the 5,695 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 2021, worth a combined $596M — down 3.3% from $616M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of VXX and 38 opened new positions — a net loss of 10 holders — while 26 trimmed existing stakes and 42 added.
The largest buyer was Goldman Sachs, adding an estimated $156M. The largest seller was Morgan Stanley, cutting an estimated $44.3M.
- 117 institutional investors held iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) as of Q1 2021, down from 128 in Q4 2020.
- Funds reported $596M of iPath Series B S&P 500 VIX Short-Term Futures ETN stock for Q1 2021, down 3.3% quarter-over-quarter.
- 38 funds opened new iPath Series B S&P 500 VIX Short-Term Futures ETN positions in Q1 2021 and 48 closed out, a net change of -10 holders.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN buyer in Q1 2021 was Goldman Sachs, an estimated $156M added.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN seller in Q1 2021 was Morgan Stanley, an estimated $44.3M sold.
Based on aggregated 13F filings for Q1 2021.