iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019
VXZ was delisted on the 29th of January, 2019.
14 hedge funds and large institutions have $14.4M invested in iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
27% more funds holding
Funds holding: 11 → 14 (+3)
28% less call options, than puts
Call options by funds: $1.5M | Put options by funds: $2.1M
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
41% less capital invested
Capital invested by funds: $24.5M → $14.4M (-$10.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$2.73M |
| 2 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$1.7M |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$235K |
| 4 |
LPL Financial
San Diego,
California
|
+$232K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$82K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$17M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$1.46M |
| 3 |
JG
Jefferies Group
New York
|
-$632K |
| 4 |
ICM
Ionic Capital Management
New York
|
-$187K |
| 5 |
CA
Calton & Associates
Tampa,
Florida
|
-$149K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Barclays
London,
United Kingdom
| $5.76M | -$15.6K | -800 | -0.3% |
|
|
VF
2
Virtu Financial
New York
| $3.07M | +$2.73M | +140,124 | New |
|
|
BCM
3
Brookstone Capital Management
Wheaton,
Illinois
| $1.91M | +$1.7M | +87,344 | New |
|
|
ICM
4
Ionic Capital Management
New York
| $767K | -$187K | -9,624 | -22% |
|
|
JG
5
Jefferies Group
New York
| $713K | -$632K | -32,488 | -50% |
|
|
FTUS
6
Flow Traders U.S.
New York
| $641K | -$1.46M | -75,072 | -72% |
|
7
Goldman Sachs
New York
| $353K | +$28.1K | +1,442 | +10% |
|
|
8
HighTower Advisors
Chicago,
Illinois
| $337K | +$82K | +4,216 | +38% |
|
|
FIM
9
Freedom Investment Management
Hartford,
Connecticut
| $264K | +$235K | +12,059 | New |
|
|
10
LPL Financial
San Diego,
California
| $261K | +$232K | +11,925 | New |
|
|
11
Jane Street
New York
| $239K | -$17M | -875,419 | -99% |
|
12
UBS Group
Zurich,
Switzerland
| $51K | +$38.3K | +1,970 | +541% |
|
13
Envestnet Asset Management
Chicago,
Illinois
| $3K | – | – | – |
|
|
RE
14
RBC Europe
London,
United Kingdom
| $1.97K | – | – | – |
|
|
CA
15
Calton & Associates
Tampa,
Florida
| – | -$149K | -8,791 | Closed |
|
VXZ Hedge Fund Activity: Q1 2018 in Review
14 of the 4,364 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 Q1 2018, worth a combined $14.4M — down 41% from $24.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new VXZ positions and 1 closed out — a net gain of 3 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $2.73M. The largest seller was Jane Street, cutting an estimated $17M.
- 14 institutional investors held iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 (VXZ) as of Q1 2018, up from 11 in Q4 2017.
- Funds reported $14.4M of iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 stock for Q1 2018, down 41% quarter-over-quarter.
- 4 funds opened new iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 positions in Q1 2018 and 1 closed out, a net change of +3 holders.
- The largest iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 buyer in Q1 2018 was Virtu Financial, an estimated $2.73M added.
- The largest iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019 seller in Q1 2018 was Jane Street, an estimated $17M sold.
Based on aggregated 13F filings for Q1 2018.