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ProShares Ultra NASDAQ Biotechnology

30 hedge funds and large institutions have $26M invested in ProShares Ultra NASDAQ Biotechnology in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

88% more call options, than puts

Call options by funds: $22.2M | Put options by funds: $11.8M

11% more funds holding

Funds holding: 2730 (+3)

11% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 9

39% less capital invested

Capital invested by funds: $42.7M → $26M (-$16.7M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
30
Holders Change
+3
Holders Change %
+11.11%
% of All Funds
0.8%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
8
Increased
8
Reduced
9
Closed
4
Calls
$22.2M
Puts
$11.8M
Net Calls
+$10.4M
Net Calls Change
+$469K
Name Holding Trade Value Shares
Change
Change in
Stake
VF
1
Virtu Financial
New York
$4.48M -$255K -5,764 -5%
TRCT
2
Tower Research Capital (TRC)
New York
$3.79M +$2.93M +66,221 +249%
RIA
3
RPG Investment Advisory
California
$3.4M +$173K +3,910 +5%
OPPM
4
Opus Point Partners Management
New York
$2.63M +$2.19M +49,543 +332%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$1.73M +$46.4K +1,049 +3%
Jane Street
6
Jane Street
New York
$1.65M +$554K +12,534 +45%
LPL Financial
7
LPL Financial
California
$1.45M -$200K -4,520 -12%
TH
8
Timber Hill
Connecticut
$1.11M +$1.21M +27,268 New
Creative Planning
9
Creative Planning
Kansas
$1.09M -$429K -9,701 -27%
BG
10
Bellevue Group
Switzerland
$736K +$796K +18,000 New
ICAS
11
Investors Capital Advisory Services
Massachusetts
$718K +$777K +17,574 New
SBIA
12
Sheaff Brock Investment Advisors
Indiana
$454K
TCM
13
Traynor Capital Management
Pennsylvania
$453K +$240K +5,426 +96%
VKH
14
Virtu KCG Holdings
New York
$392K +$88K +1,990 +26%
Citadel Advisors
15
Citadel Advisors
Florida
$374K -$2.96M -66,862 -88%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$251K +$272K +6,147 New
BA
17
BKS Advisors
Michigan
$245K +$265K +6,000 New
Simplex Trading
18
Simplex Trading
Illinois
$189K +$205K +4,633 New
PCM
19
Prelude Capital Management
New York
$182K -$166K -3,757 -46%
Morgan Stanley
20
Morgan Stanley
New York
$155K -$185K -4,194 -53%
UBS Group
21
UBS Group
Switzerland
$137K +$23.7K +537 +19%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$105K +$113K +2,562 New
Bank of America
23
Bank of America
North Carolina
$87K -$32.3K -730 -25%
CAL
24
Capital Analysts LLC
Pennsylvania
$70.7K
ACM
25
Argentus Capital Management
Texas
$52K

BIB Hedge Fund Activity: Q1 2016 in Review

30 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra NASDAQ Biotechnology (BIB) for Q1 2016, worth a combined $26M — down 39% from $42.7M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new BIB positions and 4 closed out — a net gain of 4 holders — while 8 added to existing stakes and 9 trimmed.

The largest buyer was Tower Research Capital (TRC), adding an estimated $2.93M. The largest seller was Citadel Advisors, cutting an estimated $2.96M.

  • 30 institutional investors held ProShares Ultra NASDAQ Biotechnology (BIB) as of Q1 2016, up from 27 in Q4 2015.
  • Funds reported $26M of ProShares Ultra NASDAQ Biotechnology stock for Q1 2016, down 39% quarter-over-quarter.
  • 8 funds opened new ProShares Ultra NASDAQ Biotechnology positions in Q1 2016 and 4 closed out, a net change of +4 holders.
  • The largest ProShares Ultra NASDAQ Biotechnology buyer in Q1 2016 was Tower Research Capital (TRC), an estimated $2.93M added.
  • The largest ProShares Ultra NASDAQ Biotechnology seller in Q1 2016 was Citadel Advisors, an estimated $2.96M sold.

Based on aggregated 13F filings for Q1 2016.