VelocityShares Daily Inverse VIX Short Term ETN
XIV was delisted on the 15th of February, 2018.
70 hedge funds and large institutions have $232M invested in VelocityShares Daily Inverse VIX Short Term ETN in 2015 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 11 closing their positions.
273% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
71% more funds holding
Funds holding: 41 → 70 (+29)
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
25% less capital invested
Capital invested by funds: $308M → $232M (-$76.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$61.6M |
| 2 |
DS
DRW Securities
Chicago,
Illinois
|
+$27.4M |
| 3 |
VF
Virtu Financial
New York
|
+$26.2M |
| 4 |
LPL Financial
San Diego,
California
|
+$19.9M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$126M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$37.7M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$15M |
| 4 |
Jane Street
New York
|
-$11.8M |
| 5 |
KCM
KSA Capital Management
Morristown,
New Jersey
|
-$6.69M |
XIV Hedge Fund Activity: Q3 2015 in Review
70 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily Inverse VIX Short Term ETN (XIV) for Q3 2015, worth a combined $232M — down 25% from $308M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new XIV positions and 11 closed out — a net gain of 30 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Cowen Inc, opening a new position worth an estimated $61.6M. The largest seller was Credit Suisse, cutting an estimated $126M.
- 70 institutional investors held VelocityShares Daily Inverse VIX Short Term ETN (XIV) as of Q3 2015, up from 41 in Q2 2015.
- Funds reported $232M of VelocityShares Daily Inverse VIX Short Term ETN stock for Q3 2015, down 25% quarter-over-quarter.
- 41 funds opened new VelocityShares Daily Inverse VIX Short Term ETN positions in Q3 2015 and 11 closed out, a net change of +30 holders.
- The largest VelocityShares Daily Inverse VIX Short Term ETN buyer in Q3 2015 was Cowen Inc, an estimated $61.6M added.
- The largest VelocityShares Daily Inverse VIX Short Term ETN seller in Q3 2015 was Credit Suisse, an estimated $126M sold.
Based on aggregated 13F filings for Q3 2015.