ProShares Trust Short MSCI Emerging Markets
22 hedge funds and large institutions have $37.4M invested in ProShares Trust Short MSCI Emerging Markets in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 15 reducing their positions, and 8 closing their positions.
6.44% less ownership
Funds ownership: 16.24% → 9.8% (-6.4%)
24% less funds holding
Funds holding: 29 → 22 (-7)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
72% less capital invested
Capital invested by funds: $134M → $37.4M (-$96.5M)
73% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 15
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TMNFIC
Tokio Marine & Nichido Fire Insurance Company
Tokyo,
Japan
|
+$1.1M |
| 2 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$642K |
| 3 |
VF
Virtu Financial
New York
|
+$381K |
| 4 |
Jane Street
New York
|
+$285K |
| 5 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$78.4M |
| 2 |
Morgan Stanley
New York
|
-$4.19M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.59M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.41M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIM
26
Confluence Investment Management
St. Louis,
Missouri
| – | -$201K | -3,807 | Closed |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$107K | -2,027 | Closed |
|
|
AIG
28
American International Group
New York
| – | -$99.9K | -1,889 | Closed |
|
|
CFG
29
CKW Financial Group
Honolulu,
Hawaii
| – | -$9K | -170 | Closed |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -25 | Closed |
|
EUM Hedge Fund Activity: Q2 2014 in Review
22 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust Short MSCI Emerging Markets (EUM) for Q2 2014, worth a combined $37.4M — down 72% from $134M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EUM and 2 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 4 added.
The largest buyer was Tokio Marine & Nichido Fire Insurance Company, adding an estimated $1.1M. The largest seller was Brinker Capital, exiting entirely with an estimated $78.4M sold.
- 22 institutional investors held ProShares Trust Short MSCI Emerging Markets (EUM) as of Q2 2014, down from 29 in Q1 2014.
- Funds reported $37.4M of ProShares Trust Short MSCI Emerging Markets stock for Q2 2014, down 72% quarter-over-quarter.
- 2 funds opened new ProShares Trust Short MSCI Emerging Markets positions in Q2 2014 and 8 closed out, a net change of -6 holders.
- The largest ProShares Trust Short MSCI Emerging Markets buyer in Q2 2014 was Tokio Marine & Nichido Fire Insurance Company, an estimated $1.1M added.
- The largest ProShares Trust Short MSCI Emerging Markets seller in Q2 2014 was Brinker Capital, an estimated $78.4M sold.
Based on aggregated 13F filings for Q2 2014.