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iPath Series B S&P 500 VIX Short-Term Futures ETN

60 hedge funds and large institutions have $552M invested in iPath Series B S&P 500 VIX Short-Term Futures ETN in 2019 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

817% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 6

400% more funds holding

Funds holding: 1260 (+48)

400% more funds holding in top 10

Funds holding in top 10: 15 (+4)

300% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 1

93% more capital invested

Capital invested by funds: $286M → $552M (+$266M)

75% more call options, than puts

Call options by funds: $1.34B | Put options by funds: $764M

Holders
60
Holders Change
+48
Holders Change %
+400%
% of All Funds
1.3%
Holding in Top 10
5
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+400%
% of All Funds
0.11%
New
55
Increased
4
Reduced
1
Closed
6
Calls
$1.34B
Puts
$764M
Net Calls
+$572M
Net Calls Change
+$114M
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
1
Barclays
United Kingdom
$115M -$13.3M -6,046 -9%
JP Morgan Chase
2
JP Morgan Chase
New York
$70.4M +$82.9M +37,579 New
Goldman Sachs
3
Goldman Sachs
New York
$60.5M +$33M +14,951 +86%
Morgan Stanley
4
Morgan Stanley
New York
$43.2M +$50.9M +23,094 New
SG Americas Securities
5
SG Americas Securities
New York
$37.1M +$43.7M +19,804 New
Tiger Global Management
6
Tiger Global Management
New York
$25.8M +$30.4M +13,775 New
Marshall Wace
7
Marshall Wace
United Kingdom
$25.6M +$30.2M +13,675 New
RCIM
8
Russell Clark Investment Management
United Kingdom
$23.9M +$26.4M +11,994 +1,536%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$19.3M +$22.8M +10,332 New
Citadel Advisors
10
Citadel Advisors
Florida
$19.2M +$22.7M +10,274 New
CS
11
Credit Suisse
Switzerland
$17.6M +$20.7M +9,375 New
ACPU
12
Arrowgrass Capital Partners (US)
Delaware
$13.7M +$16.1M +7,291 New
KACA
13
Kayne Anderson Capital Advisors
California
$9.81M +$11.6M +5,239 New
HF
14
HRT Financial
New York
$8.41M +$9.9M +4,492 New
Belvedere Trading
15
Belvedere Trading
Illinois
$6.83M +$8.04M +3,645 New
CG
16
Cutler Group
California
$6.68M +$7.72M +3,502 +5,150%
Q
17
QVR
California
$4.5M +$5.3M +2,403 New
DPRC
18
Deer Park Road Corp
Colorado
$4.39M +$5.17M +2,344 New
GGHC
19
Gilder Gagnon Howe & Co
New York
$4.23M +$4.99M +2,261 New
Simplex Trading
20
Simplex Trading
Illinois
$3.71M +$4.36M +1,979 New
Parallax Volatility Advisers
21
Parallax Volatility Advisers
California
$3.54M +$4.17M +1,892 New
Citigroup
22
Citigroup
New York
$3.08M +$3.63M +1,645 New
QAM
23
QCI Asset Management
New York
$2.93M +$3.45M +1,563 New
Nomura Holdings
24
Nomura Holdings
Japan
$2.91M +$3.45M +1,563 New
LPU
25
Lansdowne Partners (UK)
United Kingdom
$2.54M +$2.99M +1,354 New

VXX Hedge Fund Activity: Q1 2019 in Review

60 of the 4,620 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 2019, worth a combined $552M — up 93% from $286M a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new VXX positions and 6 closed out — a net gain of 49 holders — while 4 added to existing stakes and 1 trimmed.

The largest buyer was JP Morgan Chase, opening a new position worth an estimated $82.9M. The largest seller was Barclays, cutting an estimated $13.3M.

  • 60 institutional investors held iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) as of Q1 2019, up from 12 in Q4 2018.
  • Funds reported $552M of iPath Series B S&P 500 VIX Short-Term Futures ETN stock for Q1 2019, up 93% quarter-over-quarter.
  • 55 funds opened new iPath Series B S&P 500 VIX Short-Term Futures ETN positions in Q1 2019 and 6 closed out, a net change of +49 holders.
  • The largest iPath Series B S&P 500 VIX Short-Term Futures ETN buyer in Q1 2019 was JP Morgan Chase, an estimated $82.9M added.
  • The largest iPath Series B S&P 500 VIX Short-Term Futures ETN seller in Q1 2019 was Barclays, an estimated $13.3M sold.

Based on aggregated 13F filings for Q1 2019.