VelocityShares Daily Inverse VIX Medium Term ETN
ZIV was delisted on the 2nd of July, 2020.
17 hedge funds and large institutions have $31.6M invested in VelocityShares Daily Inverse VIX Medium Term ETN in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 10 closing their positions.
19% less funds holding
Funds holding: 21 → 17 (-4)
22% less capital invested
Capital invested by funds: $40.3M → $31.6M (-$8.72M)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JC
JBF Capital
Aspen,
Colorado
|
+$11.2M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$3.11M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$2.12M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.02M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$845K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$10.6M |
| 2 |
Lazard Asset Management
New York
|
-$4.73M |
| 3 |
VF
Virtu Financial
New York
|
-$1.62M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$910K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$830K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| – | -$10K | -221 | Closed |
|
ZIV Hedge Fund Activity: Q3 2015 in Review
17 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily Inverse VIX Medium Term ETN (ZIV) for Q3 2015, worth a combined $31.6M — down 22% from $40.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ZIV and 6 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was JBF Capital, opening a new position worth an estimated $11.2M. The largest seller was Jane Street, cutting an estimated $10.6M.
- 17 institutional investors held VelocityShares Daily Inverse VIX Medium Term ETN (ZIV) as of Q3 2015, down from 21 in Q2 2015.
- Funds reported $31.6M of VelocityShares Daily Inverse VIX Medium Term ETN stock for Q3 2015, down 22% quarter-over-quarter.
- 6 funds opened new VelocityShares Daily Inverse VIX Medium Term ETN positions in Q3 2015 and 10 closed out, a net change of -4 holders.
- The largest VelocityShares Daily Inverse VIX Medium Term ETN buyer in Q3 2015 was JBF Capital, an estimated $11.2M added.
- The largest VelocityShares Daily Inverse VIX Medium Term ETN seller in Q3 2015 was Jane Street, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2015.