ProShares USD Covered Bond
COBO
COBO was delisted on the 6th of September, 2017.
8 hedge funds and large institutions have $4.34M invested in ProShares USD Covered Bond in 2016 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 3 closing their positions.
3% less capital invested
Capital invested by funds: $4.49M → $4.34M (-$145K)
27% less funds holding
Funds holding: 11 → 8 (-3)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.01M |
| 2 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$32.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.07M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$113K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$44K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$34K |
| 5 |
Morgan Stanley
New York
|
-$23.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $2.84M | +$1.01M | +10,031 | +56% |
|
|
FIM
2
Freedom Investment Management
Hartford,
Connecticut
| $520K | +$32.3K | +322 | +7% |
|
|
VKH
3
Virtu KCG Holdings
New York
| $449K | -$23.8K | -237 | -5% |
|
|
4
Envestnet Asset Management
Chicago,
Illinois
| $390K | -$34K | -338 | -8% |
|
|
5
Morgan Stanley
New York
| $104K | -$23.8K | -237 | -19% |
|
|
6
UBS Group
Zurich,
Switzerland
| $31K | -$44K | -438 | -59% |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $11K | – | – | – |
|
|
8
Jane Street
New York
| – | -$1.07M | -10,846 | Closed |
|
|
9
BNP Paribas Financial Markets
Paris,
France
| – | -$113K | -1,142 | Closed |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| – | -$1K | -12 | Closed |
|
COBO Hedge Fund Activity: Q1 2016 in Review
8 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in ProShares USD Covered Bond (COBO) for Q1 2016, worth a combined $4.34M — down 3.2% from $4.49M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of COBO and 0 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.01M. The largest seller was Jane Street, exiting entirely with an estimated $1.07M sold.
- 8 institutional investors held ProShares USD Covered Bond (COBO) as of Q1 2016, down from 11 in Q4 2015.
- Funds reported $4.34M of ProShares USD Covered Bond stock for Q1 2016, down 3.2% quarter-over-quarter.
- 0 funds opened new ProShares USD Covered Bond positions in Q1 2016 and 3 closed out, a net change of -3 holders.
- The largest ProShares USD Covered Bond buyer in Q1 2016 was Susquehanna International Group, an estimated $1.01M added.
- The largest ProShares USD Covered Bond seller in Q1 2016 was Jane Street, an estimated $1.07M sold.
Based on aggregated 13F filings for Q1 2016.