VelocityShares Daily Inverse VIX Short Term ETN
XIV was delisted on the 15th of February, 2018.
51 hedge funds and large institutions have $553M invested in VelocityShares Daily Inverse VIX Short Term ETN in 2016 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 12 increasing their positions, 19 reducing their positions, and 18 closing their positions.
22% more capital invested
Capital invested by funds: $451M → $553M (+$101M)
7% less funds holding
Funds holding: 55 → 51 (-4)
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
37% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$146M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$35.9M |
| 3 |
Jane Street
New York
|
+$20.4M |
| 4 |
Morgan Stanley
New York
|
+$17.9M |
| 5 |
Goldman Sachs
New York
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
-$78.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$60.9M |
| 3 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
-$50M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$38.7M |
| 5 |
Citigroup
New York
|
-$17.1M |
XIV Hedge Fund Activity: Q3 2016 in Review
51 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily Inverse VIX Short Term ETN (XIV) for Q3 2016, worth a combined $553M — up 22% from $451M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of XIV and 14 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 12 added.
The largest buyer was Credit Suisse, adding an estimated $146M. The largest seller was Assured Investment Management, cutting an estimated $78.7M.
- 51 institutional investors held VelocityShares Daily Inverse VIX Short Term ETN (XIV) as of Q3 2016, down from 55 in Q2 2016.
- Funds reported $553M of VelocityShares Daily Inverse VIX Short Term ETN stock for Q3 2016, up 22% quarter-over-quarter.
- 14 funds opened new VelocityShares Daily Inverse VIX Short Term ETN positions in Q3 2016 and 18 closed out, a net change of -4 holders.
- The largest VelocityShares Daily Inverse VIX Short Term ETN buyer in Q3 2016 was Credit Suisse, an estimated $146M added.
- The largest VelocityShares Daily Inverse VIX Short Term ETN seller in Q3 2016 was Assured Investment Management, an estimated $78.7M sold.
Based on aggregated 13F filings for Q3 2016.