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XIV

VelocityShares Daily Inverse VIX Short Term ETN

Delisted

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

53 hedge funds and large institutions have $325M invested in VelocityShares Daily Inverse VIX Short Term ETN in 2014 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 16 increasing their positions, 4 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more funds holding in top 10

Funds holding in top 10: 17 (+6)

343% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 7

300% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 4

111% more capital invested

Capital invested by funds: $154M → $325M (+$171M)

77% more funds holding

Funds holding: 3053 (+23)

Holders
53
Holders Change
+23
Holders Change %
+76.67%
% of All Funds
1.41%
Holding in Top 10
7
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+600%
% of All Funds
0.19%
New
31
Increased
16
Reduced
4
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Jane Street
1
Jane Street
New York
$55.8M +$17.6M +502,887 +39%
FTUS
2
Flow Traders U.S.
New York
$38M +$42.7M +1,221,176 New
Deutsche Bank
3
Deutsche Bank
Germany
$37.1M +$27M +772,055 +184%
Citigroup
4
Citigroup
New York
$32.1M +$9.89M +282,514 +38%
BC
5
Brinker Capital
Pennsylvania
$21.7M +$24.4M +697,476 New
LPL Financial
6
LPL Financial
California
$20.4M +$20.5M +584,483 +817%
Goldman Sachs
7
Goldman Sachs
New York
$19.9M +$22.4M +639,575 New
VF
8
Virtu Financial
New York
$17.6M +$19.8M +564,865 New
DS
9
DRW Securities
Illinois
$13.9M +$15.6M +445,709 New
CT
10
CMT Trading
Illinois
$8.32M +$8.46M +241,808 +956%
Lazard Asset Management
11
Lazard Asset Management
New York
$7.17M +$8.06M +230,330 New
HP
12
Hound Partners
New York
$6.79M +$2.19M +62,630 +40%
MIM
13
Marco Investment Management
Georgia
$6.45M +$7.25M +207,000 New
SCA
14
Southpoint Capital Advisors
New York
$4.67M +$5.25M +150,000 New
VV
15
Valentine Ventures
Oregon
$4.21M +$3.53M +100,846 New
SAAM
16
Solus Alternative Asset Management
New Jersey
$3.58M +$4.03M +115,000 New
KCM
17
KSA Capital Management
New Jersey
$3.16M +$3.55M +101,400 New
PAG
18
Private Advisor Group
New Jersey
$2.86M +$2.54M +72,447 +376%
GPC
19
Glacier Peak Capital
Washington
$2.76M +$3.1M +88,500 New
JCP
20
Jabre Capital Partners
Switzerland
$2.49M +$2.8M +80,000 New
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$2.35M +$1.64M +46,797 +163%
CCMG
22
Clark Capital Management Group
Pennsylvania
$1.69M +$1.13M +32,176 +146%
AIG
23
American International Group
New York
$1.34M +$960K +27,423 +177%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$1.18M -$331K -9,452 -20%
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$1.08M +$1.19M +34,100 +5,750%

XIV Hedge Fund Activity: Q4 2014 in Review

53 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily Inverse VIX Short Term ETN (XIV) for Q4 2014, worth a combined $325M — up 111% from $154M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new XIV positions and 7 closed out — a net gain of 24 holders — while 16 added to existing stakes and 4 trimmed.

The largest buyer was Flow Traders U.S., opening a new position worth an estimated $42.7M. The largest seller was ING Group, exiting entirely with an estimated $11.5M sold.

  • 53 institutional investors held VelocityShares Daily Inverse VIX Short Term ETN (XIV) as of Q4 2014, up from 30 in Q3 2014.
  • Funds reported $325M of VelocityShares Daily Inverse VIX Short Term ETN stock for Q4 2014, up 111% quarter-over-quarter.
  • 31 funds opened new VelocityShares Daily Inverse VIX Short Term ETN positions in Q4 2014 and 7 closed out, a net change of +24 holders.
  • The largest VelocityShares Daily Inverse VIX Short Term ETN buyer in Q4 2014 was Flow Traders U.S., an estimated $42.7M added.
  • The largest VelocityShares Daily Inverse VIX Short Term ETN seller in Q4 2014 was ING Group, an estimated $11.5M sold.

Based on aggregated 13F filings for Q4 2014.