iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
77 hedge funds and large institutions have $266M invested in iPath Series B S&P 500 VIX Short-Term Futures ETN in 2025 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 26 increasing their positions, 8 reducing their positions, and 14 closing their positions.
225% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 8
157% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 14
35% more funds holding
Funds holding: 57 → 77 (+20)
4% more call options, than puts
Call options by funds: $286M | Put options by funds: $275M
36% less capital invested
Capital invested by funds: $417M → $266M (-$151M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TF
Trek Financial
Scottsdale,
Arizona
|
+$29.1M |
| 2 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
+$24.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$23.1M |
| 4 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
+$20.9M |
| 5 |
SCI
Stableford Capital II
Scottsdale,
Arizona
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$183M |
| 2 |
Jane Street
New York
|
-$17.5M |
| 3 |
Millennium Management
New York
|
-$5.74M |
| 4 |
Renaissance Technologies
New York
|
-$5.1M |
| 5 |
Two Sigma Investments
New York
|
-$4.99M |
VXX Hedge Fund Activity: Q3 2025 in Review
77 of the 7,641 institutional investors tracked by Wall St. Rank reported a position in iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) for Q3 2025, worth a combined $266M — down 36% from $417M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new VXX positions and 14 closed out — a net gain of 22 holders — while 26 added to existing stakes and 8 trimmed.
The largest buyer was Trek Financial, opening a new position worth an estimated $29.1M. The largest seller was Barclays, cutting an estimated $183M.
- 77 institutional investors held iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) as of Q3 2025, up from 57 in Q2 2025.
- Funds reported $266M of iPath Series B S&P 500 VIX Short-Term Futures ETN stock for Q3 2025, down 36% quarter-over-quarter.
- 36 funds opened new iPath Series B S&P 500 VIX Short-Term Futures ETN positions in Q3 2025 and 14 closed out, a net change of +22 holders.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN buyer in Q3 2025 was Trek Financial, an estimated $29.1M added.
- The largest iPath Series B S&P 500 VIX Short-Term Futures ETN seller in Q3 2025 was Barclays, an estimated $183M sold.
Based on aggregated 13F filings for Q3 2025.