iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
128 hedge funds and large institutions have $616M invested in iPath Series B S&P 500 VIX Short-Term Futures ETN in 2020 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 44 increasing their positions, 24 reducing their positions, and 36 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 24
39% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 36
10% more funds holding
Funds holding: 116 → 128 (+12)
0.07% less ownership
Funds ownership: 1.04% → 0.96% (-0.07%)
6% less capital invested
Capital invested by funds: $656M → $616M (-$39.6M)
42% less call options, than puts
Call options by funds: $501M | Put options by funds: $860M
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$50M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$35.4M |
| 3 |
Millennium Management
New York
|
+$22.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$18.5M |
| 5 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$61.3M |
| 2 |
DPRC
Deer Park Road Corp
Steamboat Springs,
Colorado
|
-$17.3M |
| 3 |
JP Morgan Chase
New York
|
-$10.8M |
| 4 |
Select Equity Group
New York
|
-$7.56M |
| 5 |
GI
Gavea Investimentos
Rj,
Brazil
|
-$6.22M |
VXX Hedge Fund Activity: Q4 2020 in Review
128 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) for Q4 2020, worth a combined $616M — down 6% from $656M a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new VXX positions and 36 closed out — a net gain of 14 holders — while 44 added to existing stakes and 24 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $50M. The largest seller was Barclays, cutting an estimated $61.3M.
- 128 institutional investors held iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) as of Q4 2020, up from 116 in Q3 2020.
- Funds reported $616M of iPath Series B S&P 500 VIX Short-Term Futures ETN stock for Q4 2020, down 6% quarter-over-quarter.
- 50 funds opened new iPath Series B S&P 500 VIX Short-Term Futures ETN positions in Q4 2020 and 36 closed out, a net change of +14 holders.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN buyer in Q4 2020 was Citadel Advisors, an estimated $50M added.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN seller in Q4 2020 was Barclays, an estimated $61.3M sold.
Based on aggregated 13F filings for Q4 2020.