ProShares Ultra Dow30
DDM
25 hedge funds and large institutions have $13.2M invested in ProShares Ultra Dow30 in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
27% more call options, than puts
Call options by funds: $6.19M | Put options by funds: $4.87M
4% more funds holding
Funds holding: 24 → 25 (+1)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
6.89% less ownership
Funds ownership: 78.35% → 71.45% (-6.9%)
18% less capital invested
Capital invested by funds: $16.2M → $13.2M (-$2.94M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.24M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.94M |
| 3 |
AIG
American International Group
New York
|
+$615K |
| 4 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$582K |
| 5 |
RCM
Rotella Capital Management
Bellevue,
Washington
|
+$516K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$4.35M |
| 2 |
VF
Virtu Financial
New York
|
-$3.91M |
| 3 |
GML
Gems Management Ltd
Nassau,
Bahamas
|
-$685K |
| 4 |
JT
Jump Trading
Chicago,
Illinois
|
-$469K |
| 5 |
LPL Financial
San Diego,
California
|
-$146K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
26
Virtu Financial
New York
| – | -$3.91M | -510,972 | Closed |
|
|
GML
27
Gems Management Ltd
Nassau,
Bahamas
| – | -$685K | -89,556 | Closed |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$2K | -372 | Closed |
|
DDM Hedge Fund Activity: Q3 2013 in Review
25 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Dow30 (DDM) for Q3 2013, worth a combined $13.2M — down 18% from $16.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DDM positions and 5 closed out — a net gain of 2 holders — while 5 added to existing stakes and 5 trimmed.
The largest buyer was Tower Research Capital (TRC), adding an estimated $2.24M. The largest seller was Regal Investment Advisors, exiting entirely with an estimated $4.35M sold.
- 25 institutional investors held ProShares Ultra Dow30 (DDM) as of Q3 2013, up from 24 in Q2 2013.
- Funds reported $13.2M of ProShares Ultra Dow30 stock for Q3 2013, down 18% quarter-over-quarter.
- 7 funds opened new ProShares Ultra Dow30 positions in Q3 2013 and 5 closed out, a net change of +2 holders.
- The largest ProShares Ultra Dow30 buyer in Q3 2013 was Tower Research Capital (TRC), an estimated $2.24M added.
- The largest ProShares Ultra Dow30 seller in Q3 2013 was Regal Investment Advisors, an estimated $4.35M sold.
Based on aggregated 13F filings for Q3 2013.