ProShares Ultra Dow30
DDM
27 hedge funds and large institutions have $28.9M invested in ProShares Ultra Dow30 in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 11 reducing their positions, and 4 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
14% more capital invested
Capital invested by funds: $25.3M → $28.9M (+$3.6M)
13% more funds holding
Funds holding: 24 → 27 (+3)
11.55% more ownership
Funds ownership: 105.81% → 117.36% (+12%)
39% less call options, than puts
Call options by funds: $15.6M | Put options by funds: $25.7M
73% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.42M |
| 2 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
+$2.65M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.46M |
| 4 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$1.15M |
| 5 |
Morgan Stanley
New York
|
+$979K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$4.19M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.48M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$957K |
| 5 |
Barclays
London,
United Kingdom
|
-$954K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
26
Alexandria Capital
Arlington,
Virginia
| $4K | – | – | – |
|
|
HRIA
27
Haberer Registered Investment Advisor
Cincinnati,
Ohio
| $2K | – | – | – |
|
|
VF
28
Virtu Financial
New York
| – | -$4.19M | -421,308 | Closed |
|
|
VKH
29
Virtu KCG Holdings
New York
| – | -$1M | -100,728 | Closed |
|
|
U
30
UBS
Zurich,
Switzerland
| – | -$156K | -15,420 | Closed |
|
31
Citadel Advisors
Miami,
Florida
| – | -$105K | -10,548 | Closed |
|
DDM Hedge Fund Activity: Q3 2014 in Review
27 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Dow30 (DDM) for Q3 2014, worth a combined $28.9M — up 14% from $25.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DDM positions and 4 closed out — a net gain of 3 holders — while 3 added to existing stakes and 11 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $5.42M. The largest seller was Virtu Financial, exiting entirely with an estimated $4.19M sold.
- 27 institutional investors held ProShares Ultra Dow30 (DDM) as of Q3 2014, up from 24 in Q2 2014.
- Funds reported $28.9M of ProShares Ultra Dow30 stock for Q3 2014, up 14% quarter-over-quarter.
- 7 funds opened new ProShares Ultra Dow30 positions in Q3 2014 and 4 closed out, a net change of +3 holders.
- The largest ProShares Ultra Dow30 buyer in Q3 2014 was Royal Bank of Canada, an estimated $5.42M added.
- The largest ProShares Ultra Dow30 seller in Q3 2014 was Virtu Financial, an estimated $4.19M sold.
Based on aggregated 13F filings for Q3 2014.