ProShares UltraShort Energy
19 hedge funds and large institutions have $13M invested in ProShares UltraShort Energy in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 4 closing their positions.
191% more call options, than puts
Call options by funds: $19.4M | Put options by funds: $6.66M
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
27% more funds holding
Funds holding: 15 → 19 (+4)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
48% less capital invested
Capital invested by funds: $25M → $13M (-$12M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$1.17M |
| 2 |
Jane Street
New York
|
+$849K |
| 3 |
JP Morgan Chase
New York
|
+$555K |
| 4 |
Barclays
London,
United Kingdom
|
+$369K |
| 5 |
Morgan Stanley
New York
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.94M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.38M |
| 3 |
VF
Virtu Financial
New York
|
-$1.21M |
| 4 |
GML
Gems Management Ltd
Nassau,
Bahamas
|
-$719K |
| 5 |
Goldman Sachs
New York
|
-$418K |
DUG Hedge Fund Activity: Q3 2013 in Review
19 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Energy (DUG) for Q3 2013, worth a combined $13M — down 48% from $25M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DUG positions and 4 closed out — a net gain of 4 holders — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Avalon Capital Management, opening a new position worth an estimated $1.17M. The largest seller was Deutsche Bank, cutting an estimated $8.94M.
- 19 institutional investors held ProShares UltraShort Energy (DUG) as of Q3 2013, up from 15 in Q2 2013.
- Funds reported $13M of ProShares UltraShort Energy stock for Q3 2013, down 48% quarter-over-quarter.
- 8 funds opened new ProShares UltraShort Energy positions in Q3 2013 and 4 closed out, a net change of +4 holders.
- The largest ProShares UltraShort Energy buyer in Q3 2013 was Avalon Capital Management, an estimated $1.17M added.
- The largest ProShares UltraShort Energy seller in Q3 2013 was Deutsche Bank, an estimated $8.94M sold.
Based on aggregated 13F filings for Q3 2013.