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XIV

VelocityShares Daily Inverse VIX Short Term ETN

Delisted

XIV was delisted on the 15th of February, 2018.

41 hedge funds and large institutions have $320M invested in VelocityShares Daily Inverse VIX Short Term ETN in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% less capital invested

Capital invested by funds: $325M → $320M (-$4.87M)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

14% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 14

23% less funds holding

Funds holding: 5341 (-12)

52% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 21

Holders
41
Holders Change
-12
Holders Change %
-22.64%
% of All Funds
1.09%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.16%
New
10
Increased
12
Reduced
14
Closed
21
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
JWA
26
JFS Wealth Advisors
Pennsylvania
$238K +$79.5K +2,592 +61%
AIG
27
American International Group
New York
$208K -$1.13M -36,959 -86%
Creative Planning
28
Creative Planning
Kansas
$158K -$36.8K -1,200 -21%
F
29
FolioMetrix
Nebraska
$145K +$129K +4,200 New
NFA
30
Nationwide Fund Advisors
Ohio
$77K +$68.1K +2,220 New
TRCT
31
Tower Research Capital (TRC)
New York
$63K -$53.1K -1,730 -49%
CLOS
32
Compagnie Lombard Odier SCmA
Switzerland
$52K
VIA
33
Vantage Investment Advisors
Pennsylvania
$41K +$17.9K +585 +100%
UBS Group
34
UBS Group
Switzerland
$32K +$28.2K +921 New
TIM
35
Tortoise Investment Management
New York
$19K +$16.9K +550 New
KPCM
36
Kings Point Capital Management
New York
$10K +$9.2K +300 New
DBT
37
Dubuque Bank & Trust
Iowa
$9K
WA
38
WealthTrust-Arizona
Arizona
$8K
First Manhattan
39
First Manhattan
New York
$6K +$5.98K +195 New
Deutsche Bank
40
Deutsche Bank
Germany
-$37.1M -1,190,555 Closed
BC
41
Brinker Capital
Pennsylvania
-$21.7M -697,476 Closed
Goldman Sachs
42
Goldman Sachs
New York
-$19.9M -639,575 Closed
MIM
43
Marco Investment Management
Georgia
-$6.45M -207,000 Closed
SCA
44
Southpoint Capital Advisors
New York
-$4.67M -150,000 Closed
SAAM
45
Solus Alternative Asset Management
New Jersey
-$3.58M -115,000 Closed
PAG
46
Private Advisor Group
New Jersey
-$2.86M -91,713 Closed
GPC
47
Glacier Peak Capital
Washington
-$2.76M -88,500 Closed
JCP
48
Jabre Capital Partners
Switzerland
-$2.49M -80,000 Closed
Commonwealth Equity Services
49
Commonwealth Equity Services
Massachusetts
-$1.18M -37,959 Closed
CIBC World Market
50
CIBC World Market
Ontario, Canada
-$742K -23,817 Closed

XIV Hedge Fund Activity: Q1 2015 in Review

41 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily Inverse VIX Short Term ETN (XIV) for Q1 2015, worth a combined $320M — down 1.5% from $325M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of XIV and 10 opened new positions — a net loss of 11 holders — while 14 trimmed existing stakes and 12 added.

The largest buyer was Credit Suisse, opening a new position worth an estimated $118M. The largest seller was Deutsche Bank, exiting entirely with an estimated $37.1M sold.

  • 41 institutional investors held VelocityShares Daily Inverse VIX Short Term ETN (XIV) as of Q1 2015, down from 53 in Q4 2014.
  • Funds reported $320M of VelocityShares Daily Inverse VIX Short Term ETN stock for Q1 2015, down 1.5% quarter-over-quarter.
  • 10 funds opened new VelocityShares Daily Inverse VIX Short Term ETN positions in Q1 2015 and 21 closed out, a net change of -11 holders.
  • The largest VelocityShares Daily Inverse VIX Short Term ETN buyer in Q1 2015 was Credit Suisse, an estimated $118M added.
  • The largest VelocityShares Daily Inverse VIX Short Term ETN seller in Q1 2015 was Deutsche Bank, an estimated $37.1M sold.

Based on aggregated 13F filings for Q1 2015.