VelocityShares Daily Inverse VIX Short Term ETN
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.
25% more capital invested
Capital invested by funds: $515M → $646M (+$130M)
6% less funds holding
Funds holding: 47 → 44 (-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: 6 → 1 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$123M |
| 2 |
Morgan Stanley
New York
|
+$30.2M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$5.77M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$4.13M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$61.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$20.7M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$14.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$12M |
| 5 |
NC
Numen Capital
London,
United Kingdom
|
-$1.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BA
51
Bristol Advisors
Conshohocken,
Pennsylvania
| – | -$234K | -3,200 | Closed |
|
|
HF
52
HRT Financial
New York
| – | -$206K | -2,823 | Closed |
|
53
Citigroup
New York
| – | -$80K | -1,100 | Closed |
|
54
Envestnet Asset Management
Chicago,
Illinois
| – | -$4K | -59 | Closed |
|
|
PA
55
Perceptive Advisors
New York
| – | -$1K | -16 | 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.