Vault-13

BARCLAYS BANK PLC VXX

IPATH S&P 500 SH · ETP · CUSIP 06748M196 · ISIN US06748M1962

57 institutional holders -3 vs Q1 2025
8,678,7458.7m shares reported held*
$416.2mreported value*
18 new 12 added 12 reduced 22 sold out net sold ≈ $32.4m (-658.4k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $47.96. Options: 8 managers hold calls ($269.8m notional), 7 hold puts ($162.8m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q2 24: 3Q3 24: 54Q4 24: 61Q1 25: 60Q2 25: 5757Q2 24Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q2 20243
Q3 202454
Q4 202461
Q1 202560
Q2 202557

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q3 24: 50 bought or addedQ3 24: 2 cut or sold outQ3 24Q4 24: 35 bought or addedQ4 24: 35 cut or sold outQ4 24Q1 25: 34 bought or addedQ1 25: 32 cut or sold outQ1 25Q2 25: 30 bought or addedQ2 25: 34 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2024502
Q4 20243535
Q1 20253432
Q2 20253034

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100m$200m$300mQ3 24 calls: $169.7mQ3 24 puts: $152.5mQ3 24P/C 0.90Q4 24 calls: $247.9mQ4 24 puts: $147.0mQ4 24P/C 0.59Q1 25 calls: $260.1mQ1 25 puts: $165.2mQ1 25P/C 0.64Q2 25 calls: $269.8mQ2 25 puts: $162.8mQ2 25P/C 0.60
Numbers
QuarterCallsPutsP/C
Q3 2024$169.7m$152.5m0.90
Q4 2024$247.9m$147.0m0.59
Q1 2025$260.1m$165.2m0.64
Q2 2025$269.8m$162.8m0.60

Biggest buyers

GOLDMAN SACHS GROUP INC New +1,003,695+1.0m
Concentric Capital Strategies, LP Added +146,831+146.8k
Ausdal Financial Partners, Inc. New +118,578+118.6k
Advisory Services Network, LLC New +70,830+70.8k
STABLEFORD CAPITAL II LLC New +70,571+70.6k
MIRAE ASSET SECURITIES (USA) INC. New +50,253+50.3k
WOLVERINE TRADING, LLC New +46,943+46.9k
RENAISSANCE TECHNOLOGIES LLC Added +38,200+38.2k
Schonfeld Strategic Advisors LLC New +36,400+36.4k
TWO SIGMA INVESTMENTS, LP Added +33,407+33.4k

Biggest sellers

BARCLAYS PLC Reduced -1,376,062-1.4m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -264,806-264.8k
Trek Financial, LLC Sold out -148,634-148.6k
MILLENNIUM MANAGEMENT LLC Reduced -128,975-129.0k
JANE STREET GROUP, LLC Reduced -92,025-92.0k
WELLINGTON MANAGEMENT GROUP LLP Sold out -88,105-88.1k
JBF Capital, Inc. Sold out -60,000-60.0k
BNP PARIBAS FINANCIAL MARKETS Reduced -57,579-57.6k
Trivest Advisors Ltd Reduced -57,000-57.0k
Tower Research Capital LLC (TRC) Sold out -39,965-40.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $140.7m2.9m shares
WOLVERINE TRADING, LLC New $44.0m911.2k shares
JANE STREET GROUP, LLC Reduced $33.6m698.6k shares
CITADEL ADVISORS LLC Reduced $29.7m618.5k shares
GOLDMAN SACHS GROUP INC New $18.0m375.0k shares
CAPSTONE INVESTMENT ADVISORS, LLC New $2.4m50.0k shares
HORIZON KINETICS ASSET MANAGEMENT LLC Added $1.4m10.1k shares
Rossby Financial, LCC New $33.6k700 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $77.0m1.6m shares
WOLVERINE TRADING, LLC New $42.0m870.8k shares
CITADEL ADVISORS LLC Reduced $20.5m426.3k shares
JANE STREET GROUP, LLC Reduced $15.9m330.5k shares
Leonteq Securities AG New $4.8m99.0k shares
MIRAE ASSET SECURITIES (USA) INC. New $2.4m50.0k shares
HAP Trading, LLC Added $241.2k35.2k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q2 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BARCLAYS PLC 0.10% of their portfolio LONDON, X0 5,250,9525.3m $252.3m $252.3m 0.10% Reduced -1.4m -1,376,062
2 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,003,6951.0m $48.2m $48.2m 0.01% New
3 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 443,501443.5k $21.3m $21.3m 0.03% Reduced -92.0k -92,025
4 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 409,136409.1k $19.7m $19.7m 0.02% Reduced -129.0k -128,975
5 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 334,843334.8k $16.1m $16.1m 0.02% Reduced -264.8k -264,806
6 Concentric Capital Strategies, LP 0.44% of their portfolio Stamford, CT 162,743162.7k $7.8m $7.8m 0.44% Added +146.8k +146,831
7 Ausdal Financial Partners, Inc. 0.38% of their portfolio Davenport, IA 118,578118.6k $5.7m $5.7m 0.38% New
8 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 106,078106.1k $5.1m $5.1m 0.01% Added +38.2k +38,200
9 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 103,951104.0k $5.0m $5.0m 0.01% Added +33.4k +33,407
10 Advisory Services Network, LLC 0.05% of their portfolio ATLANTA, GA 70,83070.8k $3.0m $3.0m 0.05% New
11 STABLEFORD CAPITAL II LLC 1.13% of their portfolio SCOTTSDALE, AZ 70,57170.6k $3.0m $3.0m 1.13% New
12 J. Safra Sarasin Holding AG 0.05% of their portfolio BASEL, V8 60,00060.0k $2.9m $2.9m 0.05% Unchanged
13 MIRAE ASSET SECURITIES (USA) INC. 0.11% of their portfolio NEW YORK, NY 50,25350.3k $2.4m $2.4m 0.11% New
14 WOLVERINE TRADING, LLC 0.06% of their portfolio CHICAGO, IL 46,94346.9k $2.3m $2.3m 0.06% New
15 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 43,48843.5k $2.1m $2.1m 0.00% Added +31.5k +31,536
16 Trivest Advisors Ltd 0.08% of their portfolio Hong Kong, K3 43,00043.0k $2.1m $2.1m 0.08% Reduced -57.0k -57,000
17 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 39,87039.9k $1.9m $1.9m 0.03% Added +20.2k +20,187
18 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 36,40036.4k $1.7m $1.7m 0.01% New
19 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 29,62129.6k $1.4m $1.4m 0.01% Unchanged
20 GROUP ONE TRADING LLC 0.04% of their portfolio CHICAGO, IL 25,33425.3k $1.2m $1.2m 0.04% New
21 LUMINUS MANAGEMENT LLC 0.30% of their portfolio HOUSTON, TX 23,75023.8k $1.1m $1.1m 0.30% Added +8.7k +8,650
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 23,67723.7k $1.1m $1.1m 0.00% Added +21.8k +21,788
23 Whalen Wealth Management Inc. 0.64% of their portfolio LAS VEGAS, NV 21,33121.3k $1.0m $1.0m 0.64% New
24 SIMPLEX TRADING, LLC 0.03% of their portfolio CHICAGO, IL 21,24121.2k $1.0m $1.0m 0.03% Added +12.9k +12,860
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 20,77320.8k $998.1k $998.1k 0.00% Added +14.0k +14,023
26 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 19,77019.8k $940.5k $940.5k 0.00% Reduced -17.2k -17,170
27 Arlington Capital Management, Inc. 0.79% of their portfolio ARLINGTON HEIGHTS, IL 19,01919.0k $913.9k $913.9k 0.79% New
28 Sugar Maple Asset Management, LLC 0.47% of their portfolio SISTER BAY, WI 12,50012.5k $600.6k $600.6k 0.47% Reduced -6.2k -6,150
29 BlackRock, Inc. 0.00% of their portfolio New York, NY 10,40010.4k $499.7k $499.7k 0.00% Added +6.9k +6,879
30 Summit Financial, LLC 0.01% of their portfolio PARSIPPANY, NJ 9,1339.1k $438.8k $438.8k 0.01% Reduced -4.5k -4,481
31 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 8,0718.1k $387.8k $387.8k 0.00% Reduced -57.6k -57,579
32 Belvedere Trading LLC 0.03% of their portfolio CHICAGO, IL 7,9688.0k $382.9k $382.9k 0.03% New
33 Rossby Financial, LCC 0.11% of their portfolio MELBOURNE, FL 6,0006.0k $288.3k $288.3k 0.11% New
34 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 5,6005.6k $269.1k $269.1k 0.00% New
35 Worth Venture Partners, LLC 0.37% of their portfolio FORT LEE, NJ 5,0005.0k $240.2k $240.2k 0.37% New
36 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,7004.7k $2.3k $2.3k 0.00% New
37 NFSG Corp 0.03% of their portfolio BOCA RATON, FL 4,4754.5k $215.0k $215.0k 0.03% Added +3.4k +3,400
38 UBS Group AG 0.00% of their portfolio ZURICH, V8 4,3004.3k $206.6k $206.6k 0.00% Added +3.7k +3,700
39 GABLES CAPITAL MANAGEMENT INC. 0.09% of their portfolio MIAMI, FL 3,9694.0k $190.7k $190.7k 0.09% Reduced -500 -500
40 Bellwether Advisors, LLC 0.00% of their portfolio LINCOLN, NE 500500 $24.0k $24.0k 0.00% Reduced -100 -100
41 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 363363 $17.1k $17.1k 0.00% Unchanged
42 North Capital, Inc. 0.01% of their portfolio SALT LAKE CITY, UT 345345 $16.6k $16.6k 0.01% Unchanged
43 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 196196 $10.0k $10.0k 0.00% New
44 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 156156 $7.5k $7.5k 0.00% Unchanged
45 FNY Investment Advisers, LLC 0.00% of their portfolio NEW YORK, NY 133133 $6.0k $6.0k 0.00% New
46 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 6868 $3.3k $3.3k 0.00% Unchanged
47 Financial Gravity Companies, Inc. 0.00% of their portfolio Lakeway, TX 6363 $3.0k $3.0k 0.00% First filing
48 Smallwood Wealth Investment Management, LLC 0.00% of their portfolio RED BANK, NJ 4141 $2.0k $2.0k 0.00% Unchanged
49 OLIVER LAGORE VANVALIN INVESTMENT GROUP 0.00% of their portfolio FLINT, MI 4040 $2.1k $2.1k 0.00% First filing
50 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 3333 $1.6k $1.6k 0.00% Reduced -16 -16
51 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 2727 $1.3k $1.3k 0.00% New
52 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 66 $289 $289 0.00% Unchanged
53 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 33 $144 $144 0.00% Unchanged
54 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 33 $144 $144 0.00% Unchanged
55 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 22 $96 $96 0.00% Unchanged
56 Hurley Capital, LLC 0.00% of their portfolio NEW YORK, NY 22 $96 $96 0.00% Unchanged
57 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged