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XIV

VelocityShares Daily Inverse VIX Short Term ETN

Delisted

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

34 hedge funds and large institutions have $268M invested in VelocityShares Daily Inverse VIX Short Term ETN in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 5

83% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 6

31% more funds holding

Funds holding: 2634 (+8)

16% more capital invested

Capital invested by funds: $231M → $268M (+$37.2M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
34
Holders Change
+8
Holders Change %
+30.77%
% of All Funds
0.98%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
14
Increased
11
Reduced
6
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Jane Street
1
Jane Street
New York
$102M +$13M +408,866 +15%
FTUS
2
Flow Traders U.S.
New York
$28.6M +$25.6M +804,749 +801%
Citigroup
3
Citigroup
New York
$25.7M +$21.6M +680,792 +514%
LPL Financial
4
LPL Financial
California
$23M -$4.11M -129,289 -15%
U
5
UBS
Switzerland
$18.1M +$17.2M +540,033 +1,708%
HP
6
Hound Partners
New York
$12.9M +$4.47M +140,841 +52%
IG
7
ING Group
Netherlands
$9.49M +$9.53M +300,000 New
CA
8
Commerzbank Aktiengesellschaft
Germany
$9.19M +$9.23M +290,660 New
VF
9
Virtu Financial
New York
$8.65M +$6.23M +195,967 +252%
CCMG
10
Clark Capital Management Group
Pennsylvania
$7.53M +$7.57M +238,220 New
Bank of America
11
Bank of America
North Carolina
$4.46M +$4.29M +135,000 +2,213%
SFM
12
Soros Fund Management
New York
$3.16M +$3.18M +100,000 New
CP
13
Covalent Partners
Massachusetts
$2.88M +$2.9M +91,200 New
Millennium Management
14
Millennium Management
New York
$2.85M +$2.86M +90,005 New
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$2.18M +$338K +10,648 +18%
AIG
16
American International Group
New York
$1.66M +$1.01M +31,723 +153%
FIM
17
Freedom Investment Management
Connecticut
$1.27M +$128K +4,019 +11%
Nomura Holdings
18
Nomura Holdings
Japan
$1.21M -$198K -6,246 -14%
VKH
19
Virtu KCG Holdings
New York
$777K +$781K +24,591 New
NYLIM
20
New York Life Investment Management
New York
$708K +$712K +22,406 New
Bank of New York Mellon
21
Bank of New York Mellon
New York
$543K -$286K -8,992 -34%
SG Americas Securities
22
SG Americas Securities
New York
$491K
PAG
23
Private Advisor Group
New Jersey
$472K -$101K -3,170 -17%
JP Morgan Chase
24
JP Morgan Chase
New York
$317K -$2.37M -74,611 -88%
PCM
25
Prelude Capital Management
New York
$237K +$111K +3,500 +88%

XIV Hedge Fund Activity: Q1 2014 in Review

34 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily Inverse VIX Short Term ETN (XIV) for Q1 2014, worth a combined $268M — up 16% from $231M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new XIV positions and 5 closed out — a net gain of 9 holders — while 11 added to existing stakes and 6 trimmed.

The largest buyer was Flow Traders U.S., adding an estimated $25.6M. The largest seller was Credit Suisse, exiting entirely with an estimated $59.8M sold.

  • 34 institutional investors held VelocityShares Daily Inverse VIX Short Term ETN (XIV) as of Q1 2014, up from 26 in Q4 2013.
  • Funds reported $268M of VelocityShares Daily Inverse VIX Short Term ETN stock for Q1 2014, up 16% quarter-over-quarter.
  • 14 funds opened new VelocityShares Daily Inverse VIX Short Term ETN positions in Q1 2014 and 5 closed out, a net change of +9 holders.
  • The largest VelocityShares Daily Inverse VIX Short Term ETN buyer in Q1 2014 was Flow Traders U.S., an estimated $25.6M added.
  • The largest VelocityShares Daily Inverse VIX Short Term ETN seller in Q1 2014 was Credit Suisse, an estimated $59.8M sold.

Based on aggregated 13F filings for Q1 2014.