VelocityShares Daily Inverse VIX Short Term ETN
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.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less capital invested
Capital invested by funds: $553M → $517M (-$35.3M)
12% less funds holding
Funds holding: 51 → 45 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$63.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$12.5M |
| 3 |
VF
Virtu Financial
New York
|
+$7.93M |
| 4 |
Goldman Sachs
New York
|
+$6.03M |
| 5 |
Millennium Management
New York
|
+$5.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$182M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$34.2M |
| 3 |
Morgan Stanley
New York
|
-$28.1M |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$2.93M |
| 5 |
LPL Financial
San Diego,
California
|
-$2.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
51
Virtu KCG Holdings
New York
| – | -$482K | -12,874 | Closed |
|
|
HF
52
HRT Financial
New York
| – | -$305K | -8,162 | Closed |
|
|
LNC
53
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$257K | -6,871 | Closed |
|
|
AIM
54
Assured Investment Management
New York
| – | -$144K | -3,872 | Closed |
|
|
AIM
55
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$137K | -3,653 | Closed |
|
|
RA
56
Rational Advisors
Huntington,
New York
| – | -$59K | -1,583 | Closed |
|
|
KPCM
57
Kings Point Capital Management
Great Neck,
New York
| – | -$11K | -300 | Closed |
|
58
Creative Planning
Overland Park,
Kansas
| – | -$7K | -200 | Closed |
|
|
AA
59
Apriem Advisors
Irvine,
California
| – | -$6K | -150 | 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.