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ProShares UltraShort NASDAQ Biotechnology

14 hedge funds and large institutions have $7.39M invested in ProShares UltraShort NASDAQ Biotechnology in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

185% more call options, than puts

Call options by funds: $21.9M | Put options by funds: $7.67M

0% more funds holding

Funds holding: 1414 (0)

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

33% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 6

76% less capital invested

Capital invested by funds: $30.8M → $7.39M (-$23.4M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
14
Holders Change
Holders Change %
0%
% of All Funds
0.37%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
2
Increased
4
Reduced
6
Closed
2
Calls
$21.9M
Puts
$7.67M
Net Calls
+$14.2M
Net Calls Change
-$31.3M
Name Holding Trade Value Shares
Change
Change in
Stake
VF
1
Virtu Financial
New York
$2.72M -$1.48M -4,687 -36%
HighTower Advisors
2
HighTower Advisors
Illinois
$1.78M +$783K +2,478 +86%
TRCT
3
Tower Research Capital (TRC)
New York
$939K -$258K -817 -22%
Jane Street
4
Jane Street
New York
$549K +$103K +325 +25%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$388K -$882K -2,791 -71%
CT
6
CMT Trading
Illinois
$385K +$366K +1,158 New
Simplex Trading
7
Simplex Trading
Illinois
$351K -$742K -2,349 -69%
CG
8
Cutler Group
California
$80K +$76.2K +241 +12,050%
UBS Group
9
UBS Group
Switzerland
$68K +$24.3K +77 +60%
Toronto Dominion Bank
10
Toronto Dominion Bank
Ontario, Canada
$59K -$4.11K -13 -7%
Bank of America
11
Bank of America
North Carolina
$42K
Morgan Stanley
12
Morgan Stanley
New York
$15K -$201K -636 -93%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$8K +$7.9K +25 New
HR
14
Howe & Rusling
New York
$3K
AAP
15
Ardsley Advisory Partners
Connecticut
-$19.2M -55,000 Closed
FAM
16
Fred Alger Management
New York
-$1.43M -4,108 Closed

BIS Hedge Fund Activity: Q2 2016 in Review

14 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort NASDAQ Biotechnology (BIS) for Q2 2016, worth a combined $7.39M — down 76% from $30.8M a quarter earlier.

Fund positioning in BIS was balanced in Q2 2016: 2 funds opened new positions, 2 closed out, 4 added to existing stakes and 6 trimmed.

The largest buyer was HighTower Advisors, adding an estimated $783K. The largest seller was Ardsley Advisory Partners, exiting entirely with an estimated $19.2M sold.

  • 14 institutional investors held ProShares UltraShort NASDAQ Biotechnology (BIS) as of Q2 2016, unchanged from Q1 2016.
  • Funds reported $7.39M of ProShares UltraShort NASDAQ Biotechnology stock for Q2 2016, down 76% quarter-over-quarter.
  • 2 funds opened new ProShares UltraShort NASDAQ Biotechnology positions in Q2 2016 and 2 closed out, a net change of 0 holders.
  • The largest ProShares UltraShort NASDAQ Biotechnology buyer in Q2 2016 was HighTower Advisors, an estimated $783K added.
  • The largest ProShares UltraShort NASDAQ Biotechnology seller in Q2 2016 was Ardsley Advisory Partners, an estimated $19.2M sold.

Based on aggregated 13F filings for Q2 2016.