VelocityShares Daily Inverse VIX Medium Term ETN
ZIV was delisted on the 2nd of July, 2020.
14 hedge funds and large institutions have $10M invested in VelocityShares Daily Inverse VIX Medium Term ETN in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 11 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
27.85% less ownership
Funds ownership: 36.92% → 9.07% (-28%)
39% less funds holding
Funds holding: 23 → 14 (-9)
82% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 11
87% less capital invested
Capital invested by funds: $79.2M → $10M (-$69.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$1.14M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$844K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$488K |
| 4 |
RC
RBF Capital
San Francisco,
California
|
+$229K |
| 5 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$5.74K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$49.3M |
| 2 |
Goldman Sachs
New York
|
-$2.5M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.36M |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$2.19M |
| 5 |
Renaissance Technologies
New York
|
-$842K |
ZIV Hedge Fund Activity: Q1 2018 in Review
14 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily Inverse VIX Medium Term ETN (ZIV) for Q1 2018, worth a combined $10M — down 87% from $79.2M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ZIV and 2 opened new positions — a net loss of 9 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Financial Enhancement Group, opening a new position worth an estimated $1.14M. The largest seller was Jane Street, cutting an estimated $49.3M.
- 14 institutional investors held VelocityShares Daily Inverse VIX Medium Term ETN (ZIV) as of Q1 2018, down from 23 in Q4 2017.
- Funds reported $10M of VelocityShares Daily Inverse VIX Medium Term ETN stock for Q1 2018, down 87% quarter-over-quarter.
- 2 funds opened new VelocityShares Daily Inverse VIX Medium Term ETN positions in Q1 2018 and 11 closed out, a net change of -9 holders.
- The largest VelocityShares Daily Inverse VIX Medium Term ETN buyer in Q1 2018 was Financial Enhancement Group, an estimated $1.14M added.
- The largest VelocityShares Daily Inverse VIX Medium Term ETN seller in Q1 2018 was Jane Street, an estimated $49.3M sold.
Based on aggregated 13F filings for Q1 2018.