ProShares UltraShort Euro
41 hedge funds and large institutions have $114M invested in ProShares UltraShort Euro in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 13 closing their positions.
595% more call options, than puts
Call options by funds: $30.3M | Put options by funds: $4.36M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
49% more capital invested
Capital invested by funds: $76.6M → $114M (+$37.8M)
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
6.09% more ownership
Funds ownership: 13.54% → 19.63% (+6.1%)
15% less funds holding
Funds holding: 48 → 41 (-7)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$30.3M |
| 2 |
VF
Virtu Financial
New York
|
+$14.4M |
| 3 |
NYLIM
New York Life Investment Management
New York
|
+$10.5M |
| 4 |
Barclays
London,
United Kingdom
|
+$2.06M |
| 5 |
CAM
Chesapeake Asset Management
New York
|
+$989K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Overbrook Management Corp
New York
|
-$6.52M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$3.23M |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
-$1.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$971K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$642K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$140K | -5,197 | Closed |
|
|
ASN
52
Advisory Services Network
Atlanta,
Georgia
| – | -$49K | -1,880 | Closed |
|
|
VNA
53
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$26K | -970 | Closed |
|
EUO Hedge Fund Activity: Q2 2015 in Review
41 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Euro (EUO) for Q2 2015, worth a combined $114M — up 49% from $76.6M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of EUO and 6 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 13 added.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $30.3M. The largest seller was Overbrook Management Corp, cutting an estimated $6.52M.
- 41 institutional investors held ProShares UltraShort Euro (EUO) as of Q2 2015, down from 48 in Q1 2015.
- Funds reported $114M of ProShares UltraShort Euro stock for Q2 2015, up 49% quarter-over-quarter.
- 6 funds opened new ProShares UltraShort Euro positions in Q2 2015 and 13 closed out, a net change of -7 holders.
- The largest ProShares UltraShort Euro buyer in Q2 2015 was UBS O'Connor, an estimated $30.3M added.
- The largest ProShares UltraShort Euro seller in Q2 2015 was Overbrook Management Corp, an estimated $6.52M sold.
Based on aggregated 13F filings for Q2 2015.