ProShares Short Bitcoin Strategy ETF
BITI
18 hedge funds and large institutions have $19.4M invested in ProShares Short Bitcoin Strategy ETF in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
90% more call options, than puts
Call options by funds: $19.8M | Put options by funds: $10.4M
64% more funds holding
Funds holding: 11 → 18 (+7)
2.88% less ownership
Funds ownership: 22.25% → 19.37% (-2.9%)
7% less capital invested
Capital invested by funds: $20.8M → $19.4M (-$1.35M)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bullseye Investment Management
Cincinnati,
Ohio
|
+$2.73M |
| 2 |
MA
MYDA Advisors
Woodmere,
New York
|
+$1.17M |
| 3 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
+$979K |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$695K |
| 5 |
DCM
Donaldson Capital Management
Evansville,
Indiana
|
+$509K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.87M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$2.15M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.09M |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$953K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$760K |
BITI Hedge Fund Activity: Q4 2022 in Review
18 of the 6,238 institutional investors tracked by Wall St. Rank reported a position in ProShares Short Bitcoin Strategy ETF (BITI) for Q4 2022, worth a combined $19.4M — down 6.5% from $20.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BITI positions and 3 closed out — a net gain of 7 holders — while 2 added to existing stakes and 6 trimmed.
The largest buyer was Bullseye Investment Management, opening a new position worth an estimated $2.73M. The largest seller was Jane Street, cutting an estimated $3.87M.
- 18 institutional investors held ProShares Short Bitcoin Strategy ETF (BITI) as of Q4 2022, up from 11 in Q3 2022.
- Funds reported $19.4M of ProShares Short Bitcoin Strategy ETF stock for Q4 2022, down 6.5% quarter-over-quarter.
- 10 funds opened new ProShares Short Bitcoin Strategy ETF positions in Q4 2022 and 3 closed out, a net change of +7 holders.
- The largest ProShares Short Bitcoin Strategy ETF buyer in Q4 2022 was Bullseye Investment Management, an estimated $2.73M added.
- The largest ProShares Short Bitcoin Strategy ETF seller in Q4 2022 was Jane Street, an estimated $3.87M sold.
Based on aggregated 13F filings for Q4 2022.