VelocityShares Daily Inverse VIX Medium Term ETN
ZIV was delisted on the 2nd of July, 2020.
18 hedge funds and large institutions have $11.5M invested in VelocityShares Daily Inverse VIX Medium Term ETN in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 8 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
20% more funds holding
Funds holding: 15 → 18 (+3)
44% less capital invested
Capital invested by funds: $20.5M → $11.5M (-$8.96M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$6.99M |
| 2 |
Renaissance Technologies
New York
|
+$2.31M |
| 3 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$1.74M |
| 4 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$1.72M |
| 5 |
BIA
Biondo Investment Advisors
Milford,
Pennsylvania
|
+$568K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$4.66M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$3.16M |
| 3 |
Jane Street
New York
|
-$2.25M |
| 4 |
RF
RHS Financial
San Francisco,
California
|
-$631K |
| 5 |
VIM
Vista Investment Management
Pittsburgh,
Pennsylvania
|
-$466K |
ZIV Hedge Fund Activity: Q1 2020 in Review
18 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in VelocityShares Daily Inverse VIX Medium Term ETN (ZIV) for Q1 2020, worth a combined $11.5M — down 44% from $20.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ZIV positions and 8 closed out — a net gain of 3 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $6.99M. The largest seller was IMC Chicago, exiting entirely with an estimated $4.66M sold.
- 18 institutional investors held VelocityShares Daily Inverse VIX Medium Term ETN (ZIV) as of Q1 2020, up from 15 in Q4 2019.
- Funds reported $11.5M of VelocityShares Daily Inverse VIX Medium Term ETN stock for Q1 2020, down 44% quarter-over-quarter.
- 11 funds opened new VelocityShares Daily Inverse VIX Medium Term ETN positions in Q1 2020 and 8 closed out, a net change of +3 holders.
- The largest VelocityShares Daily Inverse VIX Medium Term ETN buyer in Q1 2020 was Clark Capital Management Group, an estimated $6.99M added.
- The largest VelocityShares Daily Inverse VIX Medium Term ETN seller in Q1 2020 was IMC Chicago, an estimated $4.66M sold.
Based on aggregated 13F filings for Q1 2020.