ProShares UltraShort Dow 30
15 hedge funds and large institutions have $13.6M invested in ProShares UltraShort Dow 30 in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 13 closing their positions.
0.17% less ownership
Funds ownership: 0.42% → 0.25% (-0.17%)
12% less call options, than puts
Call options by funds: $4.62M | Put options by funds: $5.27M
35% less funds holding
Funds holding: 23 → 15 (-8)
43% less capital invested
Capital invested by funds: $23.7M → $13.6M (-$10.1M)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$7.02M |
| 2 |
Morgan Stanley
New York
|
+$840K |
| 3 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$606K |
| 4 |
T
TradeWorx
Red Bank,
New Jersey
|
+$302K |
| 5 |
AIG
American International Group
New York
|
+$266K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.96M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.71M |
| 3 |
JT
Jump Trading
Chicago,
Illinois
|
-$3.54M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.68M |
| 5 |
FI
FCM Investments
Dallas,
Texas
|
-$1.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Goldman Sachs
New York
| – | -$178K | -252 | Closed |
|
|
MA
27
MUFG Americas
New York
| – | -$1K | -1 | Closed |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -1 | Closed |
|
DXD Hedge Fund Activity: Q3 2013 in Review
15 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Dow 30 (DXD) for Q3 2013, worth a combined $13.6M — down 43% from $23.7M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DXD and 6 opened new positions — a net loss of 7 holders — while 7 trimmed existing stakes and 1 added.
The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $7.02M. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $4.96M sold.
- 15 institutional investors held ProShares UltraShort Dow 30 (DXD) as of Q3 2013, down from 23 in Q2 2013.
- Funds reported $13.6M of ProShares UltraShort Dow 30 stock for Q3 2013, down 43% quarter-over-quarter.
- 6 funds opened new ProShares UltraShort Dow 30 positions in Q3 2013 and 13 closed out, a net change of -7 holders.
- The largest ProShares UltraShort Dow 30 buyer in Q3 2013 was Cambridge Investment Research Advisors, an estimated $7.02M added.
- The largest ProShares UltraShort Dow 30 seller in Q3 2013 was Tower Research Capital (TRC), an estimated $4.96M sold.
Based on aggregated 13F filings for Q3 2013.