ProShares UltraShort Energy
13 hedge funds and large institutions have $7.4M invested in ProShares UltraShort Energy in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 8 closing their positions.
129% more call options, than puts
Call options by funds: $12.5M | Put options by funds: $5.47M
0.28% less ownership
Funds ownership: 1.01% → 0.72% (-0.28%)
32% less funds holding
Funds holding: 19 → 13 (-6)
43% less capital invested
Capital invested by funds: $13M → $7.4M (-$5.63M)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.51M |
| 3 |
Barclays
London,
United Kingdom
|
+$851K |
| 4 |
Morgan Stanley
New York
|
+$391K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.35M |
| 2 |
VF
Virtu Financial
New York
|
-$1.32M |
| 3 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$1.14M |
| 4 |
Jane Street
New York
|
-$755K |
| 5 |
JP Morgan Chase
New York
|
-$539K |
DUG Hedge Fund Activity: Q4 2013 in Review
13 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Energy (DUG) for Q4 2013, worth a combined $7.4M — down 43% from $13M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DUG and 2 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 3 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $1.6M. The largest seller was Deutsche Bank, exiting entirely with an estimated $4.35M sold.
- 13 institutional investors held ProShares UltraShort Energy (DUG) as of Q4 2013, down from 19 in Q3 2013.
- Funds reported $7.4M of ProShares UltraShort Energy stock for Q4 2013, down 43% quarter-over-quarter.
- 2 funds opened new ProShares UltraShort Energy positions in Q4 2013 and 8 closed out, a net change of -6 holders.
- The largest ProShares UltraShort Energy buyer in Q4 2013 was Goldman Sachs, an estimated $1.6M added.
- The largest ProShares UltraShort Energy seller in Q4 2013 was Deutsche Bank, an estimated $4.35M sold.
Based on aggregated 13F filings for Q4 2013.