VelocityShares Daily Inverse VIX Short Term ETN
XIV was delisted on the 15th of February, 2018.
48 hedge funds and large institutions have $566M invested in VelocityShares Daily Inverse VIX Short Term ETN in 2016 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 21 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
45% more capital invested
Capital invested by funds: $389M → $566M (+$177M)
11% less funds holding
Funds holding: 54 → 48 (-6)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$109M |
| 2 |
Morgan Stanley
New York
|
+$48.4M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$13.4M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$4.73M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hound Partners
New York
|
-$15.4M |
| 2 |
VF
Virtu Financial
New York
|
-$8.85M |
| 3 |
Jane Street
New York
|
-$7.7M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$5.83M |
| 5 |
Lazard Asset Management
New York
|
-$4.28M |
XIV Hedge Fund Activity: Q1 2016 in Review
48 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 2016, worth a combined $566M — up 45% from $389M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of XIV and 15 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 14 added.
The largest buyer was Credit Suisse, adding an estimated $109M. The largest seller was Hound Partners, exiting entirely with an estimated $15.4M sold.
- 48 institutional investors held VelocityShares Daily Inverse VIX Short Term ETN (XIV) as of Q1 2016, down from 54 in Q4 2015.
- Funds reported $566M of VelocityShares Daily Inverse VIX Short Term ETN stock for Q1 2016, up 45% quarter-over-quarter.
- 15 funds opened new VelocityShares Daily Inverse VIX Short Term ETN positions in Q1 2016 and 21 closed out, a net change of -6 holders.
- The largest VelocityShares Daily Inverse VIX Short Term ETN buyer in Q1 2016 was Credit Suisse, an estimated $109M added.
- The largest VelocityShares Daily Inverse VIX Short Term ETN seller in Q1 2016 was Hound Partners, an estimated $15.4M sold.
Based on aggregated 13F filings for Q1 2016.