iPath S&P 500 Dynamic VIX ETN
XVZ was delisted on the 17th of August, 2021.
25 hedge funds and large institutions have $81.7M invested in iPath S&P 500 Dynamic VIX ETN in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 7 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
7% less funds holding
Funds holding: 27 → 25 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
43% less capital invested
Capital invested by funds: $143M → $81.7M (-$61.1M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$17.4M |
| 2 |
AP
Atwood & Palmer
Kansas City,
Missouri
|
+$14.6M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.83M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.11M |
| 5 |
Jane Street
New York
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$51.5M |
| 2 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$11.1M |
| 3 |
SGCA
Steel Grove Capital Advisors
Memphis,
Tennessee
|
-$10.5M |
| 4 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$6.07M |
| 5 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$4.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCMG
26
Clark Capital Management Group
Philadelphia,
Pennsylvania
| – | -$51.5M | -1,327,150 | Closed |
|
|
ACM
27
Ashford Capital Management
Wilmington,
Delaware
| – | -$3.91M | -100,757 | Closed |
|
28
Citigroup
New York
| – | -$2.28M | -58,679 | Closed |
|
|
CCM
29
Coldstream Capital Management
Bellevue,
Washington
| – | -$1.3M | -33,563 | Closed |
|
|
SIA
30
Spruce Investment Advisors
Stamford,
Connecticut
| – | -$1M | -25,840 | Closed |
|
|
ICM
31
Ionic Capital Management
New York
| – | -$97K | -2,500 | Closed |
|
32
Ameriprise
Minneapolis,
Minnesota
| – | -$92K | -2,364 | Closed |
|
XVZ Hedge Fund Activity: Q4 2013 in Review
25 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iPath S&P 500 Dynamic VIX ETN (XVZ) for Q4 2013, worth a combined $81.7M — down 43% from $143M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of XVZ and 5 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was Barclays, adding an estimated $17.4M. The largest seller was Clark Capital Management Group, exiting entirely with an estimated $51.5M sold.
- 25 institutional investors held iPath S&P 500 Dynamic VIX ETN (XVZ) as of Q4 2013, down from 27 in Q3 2013.
- Funds reported $81.7M of iPath S&P 500 Dynamic VIX ETN stock for Q4 2013, down 43% quarter-over-quarter.
- 5 funds opened new iPath S&P 500 Dynamic VIX ETN positions in Q4 2013 and 7 closed out, a net change of -2 holders.
- The largest iPath S&P 500 Dynamic VIX ETN buyer in Q4 2013 was Barclays, an estimated $17.4M added.
- The largest iPath S&P 500 Dynamic VIX ETN seller in Q4 2013 was Clark Capital Management Group, an estimated $51.5M sold.
Based on aggregated 13F filings for Q4 2013.