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ProShares Ultra NASDAQ Biotechnology

31 hedge funds and large institutions have $21M invested in ProShares Ultra NASDAQ Biotechnology in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more call options, than puts

Call options by funds: $21.1M | Put options by funds: $16.4M

20% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 5

3% more funds holding

Funds holding: 3031 (+1)

19% less capital invested

Capital invested by funds: $26M → $21M (-$5.02M)

50% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 14

Holders
31
Holders Change
+1
Holders Change %
+3.33%
% of All Funds
0.83%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
7
Reduced
14
Closed
5
Calls
$21.1M
Puts
$16.4M
Net Calls
+$4.71M
Net Calls Change
-$5.7M
Name Holding Trade Value Shares
Change
Change in
Stake
RIA
1
RPG Investment Advisory
California
$4.97M +$1.94M +44,913 +54%
TRCT
2
Tower Research Capital (TRC)
New York
$4.27M +$734K +17,031 +18%
VF
3
Virtu Financial
New York
$2.24M -$2.23M -51,777 -47%
Citadel Advisors
4
Citadel Advisors
Florida
$1.32M +$1.07M +24,744 +270%
TH
5
Timber Hill
Connecticut
$1.14M +$93.8K +2,175 +8%
Jane Street
6
Jane Street
New York
$1.09M -$526K -12,191 -30%
Creative Planning
7
Creative Planning
Kansas
$840K -$217K -5,025 -19%
BG
8
Bellevue Group
Switzerland
$796K +$108K +2,500 +14%
ICAS
9
Investors Capital Advisory Services
Massachusetts
$633K -$54.2K -1,257 -7%
LPL Financial
10
LPL Financial
California
$590K -$819K -18,990 -57%
CT
11
CMT Trading
Illinois
$571K +$634K +14,707 New
BA
12
BKS Advisors
Michigan
$419K +$207K +4,800 +80%
SBIA
13
Sheaff Brock Investment Advisors
Indiana
$388K -$47.4K -1,100 -10%
HF
14
HRT Financial
New York
$376K +$418K +9,694 New
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$341K -$1.44M -33,506 -79%
TCM
16
Traynor Capital Management
Pennsylvania
$320K -$130K -3,005 -27%
TSS
17
Two Sigma Securities
New York
$208K +$231K +5,365 New
UBS Group
18
UBS Group
Switzerland
$77K -$58.8K -1,364 -41%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$76K -$26.2K -607 -24%
CG
20
Cutler Group
California
$69K +$77.6K +1,800 New
ACM
21
Argentus Capital Management
Texas
$50K
Bank of America
22
Bank of America
North Carolina
$42K -$45.3K -1,050 -49%
PCM
23
Prelude Capital Management
New York
$41K -$147K -3,407 -76%
Simplex Trading
24
Simplex Trading
Illinois
$36K -$159K -3,681 -79%
AG
25
Advisor Group
Arizona
$16K +$18K +418 New

BIB Hedge Fund Activity: Q2 2016 in Review

31 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra NASDAQ Biotechnology (BIB) for Q2 2016, worth a combined $21M — down 19% from $26M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new BIB positions and 5 closed out — a net gain of 1 holder — while 7 added to existing stakes and 14 trimmed.

The largest buyer was RPG Investment Advisory, adding an estimated $1.94M. The largest seller was Opus Point Partners Management, exiting entirely with an estimated $2.63M sold.

  • 31 institutional investors held ProShares Ultra NASDAQ Biotechnology (BIB) as of Q2 2016, up from 30 in Q1 2016.
  • Funds reported $21M of ProShares Ultra NASDAQ Biotechnology stock for Q2 2016, down 19% quarter-over-quarter.
  • 6 funds opened new ProShares Ultra NASDAQ Biotechnology positions in Q2 2016 and 5 closed out, a net change of +1 holder.
  • The largest ProShares Ultra NASDAQ Biotechnology buyer in Q2 2016 was RPG Investment Advisory, an estimated $1.94M added.
  • The largest ProShares Ultra NASDAQ Biotechnology seller in Q2 2016 was Opus Point Partners Management, an estimated $2.63M sold.

Based on aggregated 13F filings for Q2 2016.