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ProShares Ultra NASDAQ Biotechnology

21 hedge funds and large institutions have $5.9M invested in ProShares Ultra NASDAQ Biotechnology in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.48% less ownership

Funds ownership: 8.72%7.24% (-1.5%)

16% less funds holding

Funds holding: 2521 (-4)

28% less capital invested

Capital invested by funds: $8.16M → $5.9M (-$2.26M)

43% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 7

44% less call options, than puts

Call options by funds: $849K | Put options by funds: $1.52M

57% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 7

Holders
21
Holders Change
-4
Holders Change %
-16%
% of All Funds
0.33%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
4
Reduced
7
Closed
7
Calls
$849K
Puts
$1.52M
Net Calls
-$672K
Net Calls Change
-$859K
Name Holding Trade Value Shares
Change
Change in
Stake
CCWM
1
Cassaday & Co Wealth Management
Virginia
$1.63M
CIC
2
Chase Investment Counsel
Virginia
$578K -$213K -4,155 -26%
Citadel Advisors
3
Citadel Advisors
Florida
$576K +$197K +3,835 +47%
CIA
4
Capital Investment Advisors
Georgia
$568K -$53.9K -1,050 -8%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$482K +$71.1K +1,384 +16%
TFA
6
Toth Financial Advisory
Virginia
$460K -$16.4K -320 -3%
JF
7
Jump Financial
Illinois
$393K -$392K -7,627 -48%
Vontobel Holding
8
Vontobel Holding
Switzerland
$324K
TRCT
9
Tower Research Capital (TRC)
New York
$310K +$279K +5,422 +524%
TCBWMS
10
Texas Capital Bank Wealth Management Services
Texas
$240K
JP Morgan Chase
11
JP Morgan Chase
New York
$120K
Wells Fargo
12
Wells Fargo
California
$88.7K -$51 -1 -0.1%
UBS Group
13
UBS Group
Switzerland
$40.7K -$84.3K -1,641 -66%
US Bancorp
14
US Bancorp
Minnesota
$24K
Qube Research & Technologies (QRT)
15
Qube Research & Technologies (QRT)
United Kingdom
$23.6K -$60.6K -1,179 -71%
Morgan Stanley
16
Morgan Stanley
New York
$20K +$2.42K +47 +13%
HFS
17
Hantz Financial Services
Michigan
$9K
HIIFS
18
Harel Insurance Investments & Financial Services
Israel
$9K +$10.2K +198 New
TC
19
Truvestments Capital
Florida
$6K
Simplex Trading
20
Simplex Trading
Illinois
$2K +$2.31K +45 New
FGAM
21
Financial Gravity Asset Management
Texas
$348 +$411 +8 New
IMC Chicago
22
IMC Chicago
Illinois
-$741K -14,247 Closed
Jane Street
23
Jane Street
New York
-$325K -6,254 Closed
PWM
24
Palumbo Wealth Management
New York
-$208K -4,000 Closed
PAG
25
Private Advisor Group
New Jersey
-$212K -4,000 Closed

BIB Hedge Fund Activity: Q3 2023 in Review

21 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra NASDAQ Biotechnology (BIB) for Q3 2023, worth a combined $5.9M — down 28% from $8.16M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of BIB and 3 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 4 added.

The largest buyer was Tower Research Capital (TRC), adding an estimated $279K. The largest seller was IMC Chicago, exiting entirely with an estimated $741K sold.

  • 21 institutional investors held ProShares Ultra NASDAQ Biotechnology (BIB) as of Q3 2023, down from 25 in Q2 2023.
  • Funds reported $5.9M of ProShares Ultra NASDAQ Biotechnology stock for Q3 2023, down 28% quarter-over-quarter.
  • 3 funds opened new ProShares Ultra NASDAQ Biotechnology positions in Q3 2023 and 7 closed out, a net change of -4 holders.
  • The largest ProShares Ultra NASDAQ Biotechnology buyer in Q3 2023 was Tower Research Capital (TRC), an estimated $279K added.
  • The largest ProShares Ultra NASDAQ Biotechnology seller in Q3 2023 was IMC Chicago, an estimated $741K sold.

Based on aggregated 13F filings for Q3 2023.