VelocityShares Daily Inverse VIX Short Term ETN
XIV was delisted on the 15th of February, 2018.
55 hedge funds and large institutions have $451M invested in VelocityShares Daily Inverse VIX Short Term ETN in 2016 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 17 closing their positions.
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
15% more funds holding
Funds holding: 48 → 55 (+7)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
20% less capital invested
Capital invested by funds: $566M → $451M (-$115M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
+$63.8M |
| 2 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
+$55.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$49.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$42.9M |
| 5 |
Goldman Sachs
New York
|
+$25.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$255M |
| 2 |
Morgan Stanley
New York
|
-$69.7M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$18M |
| 4 |
Jane Street
New York
|
-$17.6M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$6.75M |
XIV Hedge Fund Activity: Q2 2016 in Review
55 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily Inverse VIX Short Term ETN (XIV) for Q2 2016, worth a combined $451M — down 20% from $566M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new XIV positions and 17 closed out — a net gain of 7 holders — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Assured Investment Management, adding an estimated $63.8M. The largest seller was Credit Suisse, cutting an estimated $255M.
- 55 institutional investors held VelocityShares Daily Inverse VIX Short Term ETN (XIV) as of Q2 2016, up from 48 in Q1 2016.
- Funds reported $451M of VelocityShares Daily Inverse VIX Short Term ETN stock for Q2 2016, down 20% quarter-over-quarter.
- 24 funds opened new VelocityShares Daily Inverse VIX Short Term ETN positions in Q2 2016 and 17 closed out, a net change of +7 holders.
- The largest VelocityShares Daily Inverse VIX Short Term ETN buyer in Q2 2016 was Assured Investment Management, an estimated $63.8M added.
- The largest VelocityShares Daily Inverse VIX Short Term ETN seller in Q2 2016 was Credit Suisse, an estimated $255M sold.
Based on aggregated 13F filings for Q2 2016.