VelocityShares Daily Inverse VIX Short Term ETN
XIV was delisted on the 15th of February, 2018.
26 hedge funds and large institutions have $231M invested in VelocityShares Daily Inverse VIX Short Term ETN in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 10 closing their positions.
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
2% more capital invested
Capital invested by funds: $228M → $231M (+$3.63M)
0% more funds holding
Funds holding: 26 → 26 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.56M |
| 2 |
Citigroup
New York
|
+$4.03M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$3.06M |
| 4 |
VF
Virtu Financial
New York
|
+$2.36M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$49.1M |
| 2 |
JP Morgan Chase
New York
|
-$6.28M |
| 3 |
LPL Financial
San Diego,
California
|
-$4.02M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.64M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$2.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
26
Regal Investment Advisors
Kentwood,
Michigan
| $32K | +$28.3K | +930 | New |
|
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$49.1M | -1,834,293 | Closed |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| – | -$3.64M | -136,042 | Closed |
|
|
TC
29
TFS Capital
West Chester,
Pennsylvania
| – | -$2.82M | -105,100 | Closed |
|
30
Goldman Sachs
New York
| – | -$952K | -35,546 | Closed |
|
31
CIBC World Market
Toronto,
Ontario, Canada
| – | -$547K | -20,417 | Closed |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$506K | -18,883 | Closed |
|
|
SIA
33
Spruce Investment Advisors
Stamford,
Connecticut
| – | -$489K | -18,235 | Closed |
|
|
VKH
34
Virtu KCG Holdings
New York
| – | -$466K | -17,401 | Closed |
|
|
BCM
35
Basso Capital Management
Stamford,
Connecticut
| – | -$268K | -10,000 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$3K | -100 | Closed |
|
XIV Hedge Fund Activity: Q4 2013 in Review
26 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily Inverse VIX Short Term ETN (XIV) for Q4 2013, worth a combined $231M — up 1.6% from $228M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new XIV positions and 10 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Jane Street, adding an estimated $6.56M. The largest seller was Deutsche Bank, exiting entirely with an estimated $49.1M sold.
- 26 institutional investors held VelocityShares Daily Inverse VIX Short Term ETN (XIV) as of Q4 2013, unchanged from Q3 2013.
- Funds reported $231M of VelocityShares Daily Inverse VIX Short Term ETN stock for Q4 2013, up 1.6% quarter-over-quarter.
- 11 funds opened new VelocityShares Daily Inverse VIX Short Term ETN positions in Q4 2013 and 10 closed out, a net change of +1 holder.
- The largest VelocityShares Daily Inverse VIX Short Term ETN buyer in Q4 2013 was Jane Street, an estimated $6.56M added.
- The largest VelocityShares Daily Inverse VIX Short Term ETN seller in Q4 2013 was Deutsche Bank, an estimated $49.1M sold.
Based on aggregated 13F filings for Q4 2013.