iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
114 hedge funds and large institutions have $415M invested in iPath Series B S&P 500 VIX Short-Term Futures ETN in 2021 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 40 increasing their positions, 25 reducing their positions, and 43 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 25
1.79% more ownership
Funds ownership: 0.71% → 2.49% (+1.8%)
7% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 43
3% less funds holding
Funds holding: 117 → 114 (-3)
30% less capital invested
Capital invested by funds: $596M → $415M (-$180M)
36% less call options, than puts
Call options by funds: $735M | Put options by funds: $1.14B
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$69.3M |
| 2 |
Two Sigma Investments
New York
|
+$35.5M |
| 3 |
Barclays
London,
United Kingdom
|
+$27.9M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$15.1M |
| 5 |
Optiver Holding
Amsterdam,
Netherlands
|
+$6.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$23.5M |
| 2 |
Millennium Management
New York
|
-$22.5M |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$14.8M |
| 4 |
Jane Street
New York
|
-$11.6M |
| 5 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$8.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$9K | -13 | Closed |
|
|
LFG
152
Larson Financial Group
St Louis,
Missouri
| – | -$7K | -9 | Closed |
|
|
CAI
153
Capital Advisors Inc
Tulsa,
Oklahoma
| – | -$2K | -3 | Closed |
|
|
HR
154
Howe & Rusling
Rochester,
New York
| – | -$2K | -3 | Closed |
|
|
COCM
155
Charter Oak Capital Management
Portsmouth,
New Hampshire
| – | -$2K | -2 | Closed |
|
|
WB
156
Webster Bank
Waterbury,
Connecticut
| – | -$1K | -2 | Closed |
|
|
SFS
157
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$2K | -1 | Closed |
|
VXX Hedge Fund Activity: Q2 2021 in Review
114 of the 5,745 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 2021, worth a combined $415M — down 30% from $596M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of VXX and 40 opened new positions — a net loss of 3 holders — while 25 trimmed existing stakes and 40 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $69.3M. The largest seller was Susquehanna International Group, cutting an estimated $23.5M.
- 114 institutional investors held iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) as of Q2 2021, down from 117 in Q1 2021.
- Funds reported $415M of iPath Series B S&P 500 VIX Short-Term Futures ETN stock for Q2 2021, down 30% quarter-over-quarter.
- 40 funds opened new iPath Series B S&P 500 VIX Short-Term Futures ETN positions in Q2 2021 and 43 closed out, a net change of -3 holders.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN buyer in Q2 2021 was Citadel Advisors, an estimated $69.3M added.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN seller in Q2 2021 was Susquehanna International Group, an estimated $23.5M sold.
Based on aggregated 13F filings for Q2 2021.