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XIV

VelocityShares Daily Inverse VIX Short Term ETN

Delisted

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

44 hedge funds and large institutions have $646M invested in VelocityShares Daily Inverse VIX Short Term ETN in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more capital invested

Capital invested by funds: $515M → $646M (+$130M)

6% less funds holding

Funds holding: 4744 (-3)

25% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 12

47% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 19

83% less funds holding in top 10

Funds holding in top 10: 61 (-5)

Holders
44
Holders Change
-3
Holders Change %
-6.38%
% of All Funds
1.1%
Holding in Top 10
1
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-83.33%
% of All Funds
0.02%
New
9
Increased
10
Reduced
19
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SG Americas Securities
26
SG Americas Securities
New York
$563K +$519K +6,750 New
Fifth Third Bancorp
27
Fifth Third Bancorp
Ohio
$534K +$160K +2,085 +48%
TMC
28
Trellus Management Company
Florida
$472K -$127K -1,649 -23%
Goldman Sachs
29
Goldman Sachs
New York
$450K -$33.2K -431 -7%
CIBC World Market
30
CIBC World Market
Ontario, Canada
$401K +$370K +4,807 New
BWL
31
Bogart Wealth LLC
Virginia
$304K +$280K +3,637 New
Creative Planning
32
Creative Planning
Kansas
$113K +$65.4K +850 +170%
HR
33
Howe & Rusling
New York
$105K +$1.54K +20 +2%
FM
34
Forward Management
California
$87K +$80.4K +1,045 New
BlackRock
35
BlackRock
New York
$77K -$30.1K -391 -30%
AG
36
Advisor Group
Arizona
$69K -$121K -1,574 -66%
CFA
37
Carroll Financial Associates
North Carolina
$31K -$6K -78 -17%
IA
38
IFP Advisors
Florida
$17K
BNP Paribas Financial Markets
39
BNP Paribas Financial Markets
France
$8.35K
PFO
40
Pathstone Family Office
New Jersey
$7K
NR
41
Newfound Research
Massachusetts
$1K -$231 -3 -30%
Barclays
42
Barclays
United Kingdom
$1K
Walleye Trading
43
Walleye Trading
New York
$167 -$76.9K -1,000 -33%
NC
44
Numen Capital
United Kingdom
-$1.72M -23,500 Closed
PCM
45
Price Capital Management
Louisiana
-$980K -13,420 Closed
VKH
46
Virtu KCG Holdings
New York
-$957K -13,110 Closed
BCM
47
Brookstone Capital Management
Illinois
-$469K -6,425 Closed
HighTower Advisors
48
HighTower Advisors
Illinois
-$441K -6,020 Closed
SCA
49
Salient Capital Advisors
Texas
-$380K -5,208 Closed
SBIA
50
Sheaff Brock Investment Advisors
Indiana
-$343K -4,696 Closed

XIV Hedge Fund Activity: Q2 2017 in Review

44 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily Inverse VIX Short Term ETN (XIV) for Q2 2017, worth a combined $646M — up 25% from $515M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of XIV and 9 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 10 added.

The largest buyer was Credit Suisse, adding an estimated $123M. The largest seller was Jane Street, cutting an estimated $61.6M.

  • 44 institutional investors held VelocityShares Daily Inverse VIX Short Term ETN (XIV) as of Q2 2017, down from 47 in Q1 2017.
  • Funds reported $646M of VelocityShares Daily Inverse VIX Short Term ETN stock for Q2 2017, up 25% quarter-over-quarter.
  • 9 funds opened new VelocityShares Daily Inverse VIX Short Term ETN positions in Q2 2017 and 12 closed out, a net change of -3 holders.
  • The largest VelocityShares Daily Inverse VIX Short Term ETN buyer in Q2 2017 was Credit Suisse, an estimated $123M added.
  • The largest VelocityShares Daily Inverse VIX Short Term ETN seller in Q2 2017 was Jane Street, an estimated $61.6M sold.

Based on aggregated 13F filings for Q2 2017.