ProShares USD Covered Bond
COBO
COBO was delisted on the 6th of September, 2017.
7 hedge funds and large institutions have $3.72M invested in ProShares USD Covered Bond in 2016 Q4 according to their latest regulatory filings, with funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 2 closing their positions.
11% less capital invested
Capital invested by funds: $4.18M → $3.72M (-$460K)
22% less funds holding
Funds holding: 9 → 7 (-2)
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: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$165K |
| 2 |
Jane Street
New York
|
+$33.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$305K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$267K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$17.1K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$11K |
| 5 |
Morgan Stanley
New York
|
-$10.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $1.21M | +$33.3K | +329 | +3% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.16M | -$267K | -2,641 | -19% |
|
|
FIM
3
Freedom Investment Management
Hartford,
Connecticut
| $836K | +$165K | +1,630 | +24% |
|
|
VKH
4
Virtu KCG Holdings
New York
| $429K | -$17.1K | -169 | -4% |
|
|
5
Morgan Stanley
New York
| $88K | -$10.7K | -106 | -11% |
|
6
UBS Group
Zurich,
Switzerland
| $5K | -$607 | -6 | -11% |
|
|
7
Envestnet Asset Management
Chicago,
Illinois
| – | -$305K | -3,017 | Closed |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$11K | -110 | Closed |
|
COBO Hedge Fund Activity: Q4 2016 in Review
7 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in ProShares USD Covered Bond (COBO) for Q4 2016, worth a combined $3.72M — down 11% from $4.18M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of COBO and 0 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Freedom Investment Management, adding an estimated $165K. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $305K sold.
- 7 institutional investors held ProShares USD Covered Bond (COBO) as of Q4 2016, down from 9 in Q3 2016.
- Funds reported $3.72M of ProShares USD Covered Bond stock for Q4 2016, down 11% quarter-over-quarter.
- 0 funds opened new ProShares USD Covered Bond positions in Q4 2016 and 2 closed out, a net change of -2 holders.
- The largest ProShares USD Covered Bond buyer in Q4 2016 was Freedom Investment Management, an estimated $165K added.
- The largest ProShares USD Covered Bond seller in Q4 2016 was Envestnet Asset Management, an estimated $305K sold.
Based on aggregated 13F filings for Q4 2016.