ProShares UltraShort Energy
DUG
12 hedge funds and large institutions have $9.52M invested in ProShares UltraShort Energy in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
40% more call options, than puts
Call options by funds: $9.16M | Put options by funds: $6.57M
29% more capital invested
Capital invested by funds: $7.4M → $9.52M (+$2.12M)
0.13% more ownership
Funds ownership: 0.72% → 0.85% (+0.13%)
8% less funds holding
Funds holding: 13 → 12 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$3.57M |
| 2 |
QC
QCM Cayman
Houston,
Texas
|
+$373K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$240K |
| 4 |
Morgan Stanley
New York
|
+$128K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$101K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$883K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$345K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$234K |
| 4 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
-$210K |
| 5 |
Barclays
London,
United Kingdom
|
-$125K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
1
Virtu Financial
New York
| $4.45M | +$3.57M | +3,469 | +276% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.32M | -$345K | -335 | -19% |
|
|
TRCT
3
Tower Research Capital (TRC)
New York
| $946K | +$240K | +233 | +30% |
|
|
4
Barclays
London,
United Kingdom
| $945K | -$125K | -121 | -11% |
|
|
5
Morgan Stanley
New York
| $646K | +$128K | +124 | +22% |
|
|
6
Goldman Sachs
New York
| $611K | -$883K | -858 | -57% |
|
|
QC
7
QCM Cayman
Houston,
Texas
| $341K | +$373K | +362 | New |
|
|
U
8
UBS
Zurich,
Switzerland
| $99K | +$42.2K | +41 | +63% |
|
|
9
Bank of America
Charlotte,
North Carolina
| $94K | +$101K | +98 | +3,267% |
|
10
Citadel Advisors
Miami,
Florida
| $60K | +$65.9K | +64 | New |
|
11
Citigroup
New York
| $7K | +$5.15K | +5 | +250% |
|
12
Walleye Trading
New York
| $8 | -$25.7K | -25 | -74% |
|
|
VKH
13
Virtu KCG Holdings
New York
| – | -$234K | -238 | Closed |
|
|
PSW
14
Portfolio Strategies (Washington)
Tacoma,
Washington
| – | -$210K | -214 | Closed |
|
|
AIG
15
American International Group
New York
| – | -$591 | -1 | Closed |
|
DUG Hedge Fund Activity: Q1 2014 in Review
12 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Energy (DUG) for Q1 2014, worth a combined $9.52M — up 29% from $7.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DUG and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 6 added.
The largest buyer was Virtu Financial, adding an estimated $3.57M. The largest seller was Goldman Sachs, cutting an estimated $883K.
- 12 institutional investors held ProShares UltraShort Energy (DUG) as of Q1 2014, down from 13 in Q4 2013.
- Funds reported $9.52M of ProShares UltraShort Energy stock for Q1 2014, up 29% quarter-over-quarter.
- 2 funds opened new ProShares UltraShort Energy positions in Q1 2014 and 3 closed out, a net change of -1 holder.
- The largest ProShares UltraShort Energy buyer in Q1 2014 was Virtu Financial, an estimated $3.57M added.
- The largest ProShares UltraShort Energy seller in Q1 2014 was Goldman Sachs, an estimated $883K sold.
Based on aggregated 13F filings for Q1 2014.