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XIV

VelocityShares Daily Inverse VIX Short Term ETN

Delisted

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

35 hedge funds and large institutions have $339M invested in VelocityShares Daily Inverse VIX Short Term ETN in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

26% more capital invested

Capital invested by funds: $268M → $339M (+$70.4M)

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

3% more funds holding

Funds holding: 3435 (+1)

46% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 13

Holders
35
Holders Change
+1
Holders Change %
+2.94%
% of All Funds
1.01%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.11%
New
10
Increased
7
Reduced
13
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Jane Street
1
Jane Street
New York
$96.4M -$39.1M -1,069,286 -33%
Deutsche Bank
2
Deutsche Bank
Germany
$60.1M +$48.9M +1,336,560 New
Citigroup
3
Citigroup
New York
$37.1M +$455K +12,421 +2%
U
4
UBS
Switzerland
$28.9M +$2.6M +70,890 +12%
DS
5
DRW Securities
Illinois
$20.6M +$16.8M +458,918 New
VF
6
Virtu Financial
New York
$19.9M +$6.19M +169,091 +62%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$18.3M +$14.9M +407,357 New
IG
8
ING Group
Netherlands
$13.5M
HP
9
Hound Partners
New York
$9.35M -$7.37M -201,194 -49%
CCMG
10
Clark Capital Management Group
Pennsylvania
$9.03M -$1.37M -37,490 -16%
FTUS
11
Flow Traders U.S.
New York
$5.79M -$28.4M -776,582 -86%
LPL Financial
12
LPL Financial
California
$3.79M -$23.6M -644,327 -88%
CT
13
CMT Trading
Illinois
$2.46M +$2M +54,600 New
FIM
14
Freedom Investment Management
Connecticut
$2.42M +$490K +13,398 +33%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$2.01M -$886K -24,207 -35%
Nomura Holdings
16
Nomura Holdings
Japan
$2M +$245K +6,689 +17%
Millennium Management
17
Millennium Management
New York
$1.4M -$2.16M -58,945 -65%
KFS
18
KMS Financial Services
Washington
$1.15M +$938K +25,629 New
CA
19
Commerzbank Aktiengesellschaft
Germany
$1.05M -$9.78M -267,200 -92%
Bank of America
20
Bank of America
North Carolina
$724K -$4.58M -125,000 -89%
SG Americas Securities
21
SG Americas Securities
New York
$699K
Citadel Advisors
22
Citadel Advisors
Florida
$554K +$451K +12,306 New
Goldman Sachs
23
Goldman Sachs
New York
$347K +$283K +7,718 New
VKH
24
Virtu KCG Holdings
New York
$339K -$625K -17,059 -69%
AIG
25
American International Group
New York
$236K -$1.73M -47,214 -90%

XIV Hedge Fund Activity: Q2 2014 in Review

35 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily Inverse VIX Short Term ETN (XIV) for Q2 2014, worth a combined $339M — up 26% from $268M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new XIV positions and 9 closed out — a net gain of 1 holder — while 7 added to existing stakes and 13 trimmed.

The largest buyer was Deutsche Bank, opening a new position worth an estimated $48.9M. The largest seller was Jane Street, cutting an estimated $39.1M.

  • 35 institutional investors held VelocityShares Daily Inverse VIX Short Term ETN (XIV) as of Q2 2014, up from 34 in Q1 2014.
  • Funds reported $339M of VelocityShares Daily Inverse VIX Short Term ETN stock for Q2 2014, up 26% quarter-over-quarter.
  • 10 funds opened new VelocityShares Daily Inverse VIX Short Term ETN positions in Q2 2014 and 9 closed out, a net change of +1 holder.
  • The largest VelocityShares Daily Inverse VIX Short Term ETN buyer in Q2 2014 was Deutsche Bank, an estimated $48.9M added.
  • The largest VelocityShares Daily Inverse VIX Short Term ETN seller in Q2 2014 was Jane Street, an estimated $39.1M sold.

Based on aggregated 13F filings for Q2 2014.