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

61 hedge funds and large institutions have $481M invested in iPath Series B S&P 500 VIX Short-Term Futures ETN in 2025 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more call options, than puts

Call options by funds: $358M | Put options by funds: $235M

44.72% more ownership

Funds ownership: 139.73%184.45% (+45%)

40% more capital invested

Capital invested by funds: $345M → $481M (+$137M)

31% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 13

10% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 20

0% more funds holding

Funds holding: 6161 (0)

Holders
61
Holders Change
Holders Change %
0%
% of All Funds
0.82%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
22
Increased
17
Reduced
13
Closed
20
Calls
$358M
Puts
$235M
Net Calls
+$123M
Net Calls Change
+$26.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
1
Barclays
United Kingdom
$341M +$51.4M +1,109,048 +20%
Susquehanna International Group
2
Susquehanna International Group
Pennsylvania
$30.9M +$24.8M +536,578 +851%
Millennium Management
3
Millennium Management
New York
$27.7M +$23.6M +510,258 +1,832%
Jane Street
4
Jane Street
New York
$27.6M +$9.11M +196,766 +58%
TF
5
Trek Financial
Arizona
$7.65M +$1.87M +40,411 +37%
TA
6
Trivest Advisors
Hong Kong
$5.15M -$6.71M -145,000 -59%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$4.53M +$4.08M +88,105 New
Two Sigma Investments
8
Two Sigma Investments
New York
$3.63M -$490K -10,577 -13%
Renaissance Technologies
9
Renaissance Technologies
New York
$3.49M +$2.56M +55,300 +440%
BNP Paribas Financial Markets
10
BNP Paribas Financial Markets
France
$3.38M +$2.83M +61,220 +1,382%
JC
11
JBF Capital
Colorado
$3.09M +$2.78M +60,000 New
JSSH
12
J. Safra Sarasin Holding
$3.08M +$2.78M +60,000 New
TRCT
13
Tower Research Capital (TRC)
New York
$2.06M +$1.77M +38,229 +2,202%
DS
14
DRW Securities
Illinois
$1.96M +$1.77M +38,126 New
Wealth Enhancement Advisory Services
15
Wealth Enhancement Advisory Services
Minnesota
$1.9M -$50.8K -1,096 -3%
FTUS
16
Flow Traders U.S.
New York
$1.82M +$689K +14,870 +73%
SG Americas Securities
17
SG Americas Securities
New York
$1.52M +$4.58K +99 +0.3%
SWP
18
Stratos Wealth Partners
Ohio
$1.01M +$313K +6,755 +52%
SMAM
19
Sugar Maple Asset Management
Wisconsin
$960K +$493K +10,650 +133%
CCS
20
Concentric Capital Strategies
Connecticut
$819K -$6.51M -140,569 -90%
LM
21
Luminus Management
Texas
$777K +$699K +15,100 New
SWM
22
SeaCrest Wealth Management
New York
$768K +$15.3K +330 +2%
HFM
23
Harvest Fund Management
China
$737K +$616K +13,303 +1,128%
SF
24
Summit Financial
New Jersey
$701K +$630K +13,614 New
CC
25
Centiva Capital
New York
$626K -$69.6K -1,502 -11%

VXX Hedge Fund Activity: Q1 2025 in Review

61 of the 7,459 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 2025, worth a combined $481M — up 40% from $345M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new VXX positions and 20 closed out — a net gain of 2 holders — while 17 added to existing stakes and 13 trimmed.

The largest buyer was Barclays, adding an estimated $51.4M. The largest seller was IMC Chicago, exiting entirely with an estimated $8.89M sold.

  • 61 institutional investors held iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) as of Q1 2025, unchanged from Q4 2024.
  • Funds reported $481M of iPath Series B S&P 500 VIX Short-Term Futures ETN stock for Q1 2025, up 40% quarter-over-quarter.
  • 22 funds opened new iPath Series B S&P 500 VIX Short-Term Futures ETN positions in Q1 2025 and 20 closed out, a net change of +2 holders.
  • The largest iPath Series B S&P 500 VIX Short-Term Futures ETN buyer in Q1 2025 was Barclays, an estimated $51.4M added.
  • The largest iPath Series B S&P 500 VIX Short-Term Futures ETN seller in Q1 2025 was IMC Chicago, an estimated $8.89M sold.

Based on aggregated 13F filings for Q1 2025.