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XIV

VelocityShares Daily Inverse VIX Short Term ETN

Delisted

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

45 hedge funds and large institutions have $517M invested in VelocityShares Daily Inverse VIX Short Term ETN in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

6% less capital invested

Capital invested by funds: $553M → $517M (-$35.3M)

12% less funds holding

Funds holding: 5145 (-6)

33% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 15

38% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 16

Holders
45
Holders Change
-6
Holders Change %
-11.76%
% of All Funds
1.12%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
10
Increased
10
Reduced
16
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SBIA
26
Sheaff Brock Investment Advisors
Indiana
$258K +$230K +5,525 New
SCA
27
Salient Capital Advisors
Texas
$210K -$35.4K -850 -16%
NFA
28
Nationwide Fund Advisors
Ohio
$155K +$48.8K +1,170 +54%
Walleye Trading
29
Walleye Trading
New York
$140K
BCM
30
Basso Capital Management
Connecticut
$117K
UBS Group
31
UBS Group
Switzerland
$97K -$39.5K -948 -31%
Citigroup
32
Citigroup
New York
$47K
FANJ
33
Financial Architects (New Jersey)
New Jersey
$46K -$37.5K -900 -47%
BA
34
BlackRock Advisors
Delaware
$38K +$33.5K +804 New
WAS
35
WESPAC Advisors SoCal
California
$28.1K -$91.7K -2,200 -79%
IA
36
IFP Advisors
Florida
$21K -$27.5K -660 -59%
CFA
37
Carroll Financial Associates
North Carolina
$11K -$31.3K -750 -75%
Envestnet Asset Management
38
Envestnet Asset Management
Illinois
$8K +$7.63K +183 New
NR
39
Newfound Research
Massachusetts
$7K -$1.96K -47 -24%
PVH
40
Psagot Value Holdings
Israel
$5K
GRP
41
Global Retirement Partners
California
$5K +$5.96K +143 New
BNP Paribas Financial Markets
42
BNP Paribas Financial Markets
France
$4.67K
Fifth Third Bancorp
43
Fifth Third Bancorp
Ohio
$3K -$3.63K -87 -60%
Morgan Stanley
44
Morgan Stanley
New York
-$28.1M -675,000 -100%
DS
45
DRW Securities
Illinois
-$2.93M -78,173 Closed
CCMG
46
Clark Capital Management Group
Pennsylvania
-$2.44M -65,150 Closed
TCM
47
Tuttle Capital Management
Connecticut
-$1.21M -33,868 Closed
MIM
48
Marco Investment Management
Georgia
-$1.12M -30,000 Closed
FEG
49
Financial Enhancement Group
Indiana
-$697K -18,605 Closed
OMC
50
Old Mission Capital
Illinois
-$678K -18,101 Closed

XIV Hedge Fund Activity: Q4 2016 in Review

45 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily Inverse VIX Short Term ETN (XIV) for Q4 2016, worth a combined $517M — down 6.4% from $553M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of XIV and 10 opened new positions — a net loss of 5 holders — while 16 trimmed existing stakes and 10 added.

The largest buyer was Jane Street, adding an estimated $63.3M. The largest seller was Credit Suisse, cutting an estimated $182M.

  • 45 institutional investors held VelocityShares Daily Inverse VIX Short Term ETN (XIV) as of Q4 2016, down from 51 in Q3 2016.
  • Funds reported $517M of VelocityShares Daily Inverse VIX Short Term ETN stock for Q4 2016, down 6.4% quarter-over-quarter.
  • 10 funds opened new VelocityShares Daily Inverse VIX Short Term ETN positions in Q4 2016 and 15 closed out, a net change of -5 holders.
  • The largest VelocityShares Daily Inverse VIX Short Term ETN buyer in Q4 2016 was Jane Street, an estimated $63.3M added.
  • The largest VelocityShares Daily Inverse VIX Short Term ETN seller in Q4 2016 was Credit Suisse, an estimated $182M sold.

Based on aggregated 13F filings for Q4 2016.