VelocityShares Daily Inverse VIX Short Term ETN
XIV was delisted on the 15th of February, 2018.
30 hedge funds and large institutions have $154M invested in VelocityShares Daily Inverse VIX Short Term ETN in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 15 reducing their positions, and 11 closing their positions.
14% less funds holding
Funds holding: 35 → 30 (-5)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
55% less capital invested
Capital invested by funds: $339M → $154M (-$185M)
67% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 15
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.69M |
| 2 |
Bank of New York Mellon
New York
|
+$1.28M |
| 3 |
JGC
J. Goldman & Co
New York
|
+$859K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$827K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$682K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$39.4M |
| 2 |
Jane Street
New York
|
-$36.6M |
| 3 |
DS
DRW Securities
Chicago,
Illinois
|
-$20.6M |
| 4 |
VF
Virtu Financial
New York
|
-$19.9M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$16.3M |
XIV Hedge Fund Activity: Q3 2014 in Review
30 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily Inverse VIX Short Term ETN (XIV) for Q3 2014, worth a combined $154M — down 55% from $339M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of XIV and 6 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 5 added.
The largest buyer was Millennium Management, adding an estimated $1.69M. The largest seller was Deutsche Bank, cutting an estimated $39.4M.
- 30 institutional investors held VelocityShares Daily Inverse VIX Short Term ETN (XIV) as of Q3 2014, down from 35 in Q2 2014.
- Funds reported $154M of VelocityShares Daily Inverse VIX Short Term ETN stock for Q3 2014, down 55% quarter-over-quarter.
- 6 funds opened new VelocityShares Daily Inverse VIX Short Term ETN positions in Q3 2014 and 11 closed out, a net change of -5 holders.
- The largest VelocityShares Daily Inverse VIX Short Term ETN buyer in Q3 2014 was Millennium Management, an estimated $1.69M added.
- The largest VelocityShares Daily Inverse VIX Short Term ETN seller in Q3 2014 was Deutsche Bank, an estimated $39.4M sold.
Based on aggregated 13F filings for Q3 2014.