ProShares Large Cap Core Plus
CSM
79 hedge funds and large institutions have $232M invested in ProShares Large Cap Core Plus in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 46 reducing their positions, and 12 closing their positions.
5% less funds holding
Funds holding: 83 → 79 (-4)
24.81% less ownership
Funds ownership: 138.03% → 113.21% (-25%)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
34% less capital invested
Capital invested by funds: $351M → $232M (-$119M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
74% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.65M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$957K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$476K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$313K |
| 5 |
RFN
RDA Financial Network
Akron,
Iowa
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$131M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$17.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$5.52M |
| 4 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$4.36M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.93M |
CSM Hedge Fund Activity: Q2 2020 in Review
79 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in ProShares Large Cap Core Plus (CSM) for Q2 2020, worth a combined $232M — down 34% from $351M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of CSM and 8 opened new positions — a net loss of 4 holders — while 46 trimmed existing stakes and 12 added.
The largest buyer was LPL Financial, adding an estimated $1.65M. The largest seller was Merit Financial Group, cutting an estimated $131M.
- 79 institutional investors held ProShares Large Cap Core Plus (CSM) as of Q2 2020, down from 83 in Q1 2020.
- Funds reported $232M of ProShares Large Cap Core Plus stock for Q2 2020, down 34% quarter-over-quarter.
- 8 funds opened new ProShares Large Cap Core Plus positions in Q2 2020 and 12 closed out, a net change of -4 holders.
- The largest ProShares Large Cap Core Plus buyer in Q2 2020 was LPL Financial, an estimated $1.65M added.
- The largest ProShares Large Cap Core Plus seller in Q2 2020 was Merit Financial Group, an estimated $131M sold.
Based on aggregated 13F filings for Q2 2020.