ProShares USD Covered Bond
COBO
COBO was delisted on the 6th of September, 2017.
6 hedge funds and large institutions have $3.31M invested in ProShares USD Covered Bond in 2017 Q1 according to their latest regulatory filings, with funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 1 closing their positions.
11% less capital invested
Capital invested by funds: $3.72M → $3.31M (-$410K)
14% less funds holding
Funds holding: 7 → 6 (-1)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$296K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$429K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$189K |
| 3 |
Jane Street
New York
|
-$135K |
| 4 |
Morgan Stanley
New York
|
-$2.83K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$911 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIM
1
Freedom Investment Management
Hartford,
Connecticut
| $1.15M | +$296K | +2,923 | +35% |
|
|
2
Jane Street
New York
| $1.09M | -$135K | -1,334 | -11% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $987K | -$189K | -1,867 | -16% |
|
|
4
Morgan Stanley
New York
| $86K | -$2.83K | -28 | -3% |
|
|
5
UBS Group
Zurich,
Switzerland
| $4K | -$911 | -9 | -19% |
|
|
VKH
6
Virtu KCG Holdings
New York
| – | -$429K | -4,294 | Closed |
|
COBO Hedge Fund Activity: Q1 2017 in Review
6 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in ProShares USD Covered Bond (COBO) for Q1 2017, worth a combined $3.31M — down 11% from $3.72M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of COBO and 0 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 1 added.
The largest buyer was Freedom Investment Management, adding an estimated $296K. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $429K sold.
- 6 institutional investors held ProShares USD Covered Bond (COBO) as of Q1 2017, down from 7 in Q4 2016.
- Funds reported $3.31M of ProShares USD Covered Bond stock for Q1 2017, down 11% quarter-over-quarter.
- 0 funds opened new ProShares USD Covered Bond positions in Q1 2017 and 1 closed out, a net change of -1 holder.
- The largest ProShares USD Covered Bond buyer in Q1 2017 was Freedom Investment Management, an estimated $296K added.
- The largest ProShares USD Covered Bond seller in Q1 2017 was Virtu KCG Holdings, an estimated $429K sold.
Based on aggregated 13F filings for Q1 2017.