iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019
VXZ was delisted on the 29th of January, 2019.
32 hedge funds and large institutions have $111M invested in iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 in 2014 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
23% more funds holding
Funds holding: 26 → 32 (+6)
24% less capital invested
Capital invested by funds: $147M → $111M (-$35.9M)
96% less call options, than puts
Call options by funds: $120K | Put options by funds: $3.42M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$4.53M |
| 2 |
Barclays
London,
United Kingdom
|
+$3.81M |
| 3 |
B
Baird
Milwaukee,
Wisconsin
|
+$1.67M |
| 4 |
Goldman Sachs
New York
|
+$1.11M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$651K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lakewood Capital Management
New York
|
-$17.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.15M |
| 3 |
Morgan Stanley
New York
|
-$1.51M |
| 4 |
Bank of New York Mellon
New York
|
-$1.39M |
| 5 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
-$684K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SAM
26
Securian Asset Management
St Paul,
Minnesota
| $15K | – | – | – |
|
27
Envestnet Asset Management
Chicago,
Illinois
| $14K | +$15.2K | +269 | New |
|
|
BRWA
28
B. Riley Wealth Advisors
Boca Raton,
Florida
| $1.93K | +$2.14K | +38 | New |
|
|
NES
29
New England Securities
New York
| $1K | -$282 | -5 | -16% |
|
|
MFS
30
MSI Financial Services
Springfield,
Massachusetts
| $1K | – | – | – |
|
|
AIG
31
American International Group
New York
| $76 | – | – | – |
|
|
LCM
32
Lakewood Capital Management
New York
| – | -$17.9M | -295,174 | Closed |
|
33
Walleye Trading
New York
| – | -$1.96K | -32,369 | Closed |
|
|
34
Morgan Stanley
New York
| – | -$1.51M | -25,000 | Closed |
|
35
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$454K | -7,500 | Closed |
|
|
CCM
36
Catawba Capital Management
Roanoke,
Virginia
| – | -$212K | -3,500 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | +$564 | +10 | New |
|
VXZ Hedge Fund Activity: Q2 2014 in Review
32 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 (VXZ) for Q2 2014, worth a combined $111M — down 24% from $147M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new VXZ positions and 5 closed out — a net gain of 6 holders — while 10 added to existing stakes and 8 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $4.53M. The largest seller was Lakewood Capital Management, exiting entirely with an estimated $17.9M sold.
- 32 institutional investors held iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 (VXZ) as of Q2 2014, up from 26 in Q1 2014.
- Funds reported $111M of iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 stock for Q2 2014, down 24% quarter-over-quarter.
- 11 funds opened new iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 positions in Q2 2014 and 5 closed out, a net change of +6 holders.
- The largest iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 buyer in Q2 2014 was Virtu Financial, an estimated $4.53M added.
- The largest iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 seller in Q2 2014 was Lakewood Capital Management, an estimated $17.9M sold.
Based on aggregated 13F filings for Q2 2014.