iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019
VXZ was delisted on the 29th of January, 2019.
27 hedge funds and large institutions have $75.8M invested in iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 10 closing their positions.
16% less funds holding
Funds holding: 32 → 27 (-5)
32% less capital invested
Capital invested by funds: $111M → $75.8M (-$35M)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
57% less call options, than puts
Call options by funds: $757K | Put options by funds: $1.75M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lakewood Capital Management
New York
|
+$25.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.77M |
| 3 |
VAM
Visium Asset Management
New York
|
+$3.16M |
| 4 |
Citigroup
New York
|
+$1.54M |
| 5 |
Bank of New York Mellon
New York
|
+$758K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$59.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.05M |
| 3 |
VF
Virtu Financial
New York
|
-$4.06M |
| 4 |
Goldman Sachs
New York
|
-$3.2M |
| 5 |
Jane Street
New York
|
-$1.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JT
26
Jump Trading
Chicago,
Illinois
| $1K | +$1.24K | +25 | New |
|
|
VF
27
Virtu Financial
New York
| – | -$4.06M | -80,277 | Closed |
|
|
28
Jane Street
New York
| – | -$1.63M | -32,310 | Closed |
|
|
B
29
Baird
Milwaukee,
Wisconsin
| – | -$1.5M | -29,661 | Closed |
|
|
FAAM
30
First Allied Asset Management
San Diego,
California
| – | -$578K | -11,351 | Closed |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| – | -$439K | -8,824 | Closed |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$180K | -3,561 | Closed |
|
33
Citadel Advisors
Miami,
Florida
| – | -$128K | -2,534 | Closed |
|
34
Envestnet Asset Management
Chicago,
Illinois
| – | -$14K | -269 | Closed |
|
|
BRWA
35
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$1.93K | -38 | Closed |
|
|
AIG
36
American International Group
New York
| – | -$76 | -2 | Closed |
|
VXZ Hedge Fund Activity: Q3 2014 in Review
27 of the 3,447 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 Q3 2014, worth a combined $75.8M — down 32% from $111M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of VXZ and 5 opened new positions — a net loss of 5 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Lakewood Capital Management, opening a new position worth an estimated $25.6M. The largest seller was Barclays, cutting an estimated $59.3M.
- 27 institutional investors held iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 (VXZ) as of Q3 2014, down from 32 in Q2 2014.
- Funds reported $75.8M of iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 stock for Q3 2014, down 32% quarter-over-quarter.
- 5 funds opened new iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 positions in Q3 2014 and 10 closed out, a net change of -5 holders.
- The largest iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 buyer in Q3 2014 was Lakewood Capital Management, an estimated $25.6M added.
- The largest iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 seller in Q3 2014 was Barclays, an estimated $59.3M sold.
Based on aggregated 13F filings for Q3 2014.