ProShares High Yield-Interest Rate Hedged ETF
HYHG
27 hedge funds and large institutions have $48.3M invested in ProShares High Yield-Interest Rate Hedged ETF in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 12 closing their positions.
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
15% less capital invested
Capital invested by funds: $56.8M → $48.3M (-$8.54M)
21% less funds holding
Funds holding: 34 → 27 (-7)
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.24M |
| 3 |
HIC
Holderness Investments Company
Greensboro,
North Carolina
|
+$1.11M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$996K |
| 5 |
M&T Bank
Buffalo,
New York
|
+$962K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.38M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.08M |
| 3 |
CWM
Concert Wealth Management
San Jose,
California
|
-$1.29M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$1.25M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $1K | +$1.47K | +20 | New |
|
|
27
Jane Street
New York
| – | -$6.38M | -87,091 | Closed |
|
|
CWM
28
Concert Wealth Management
San Jose,
California
| – | -$1.29M | -17,611 | Closed |
|
|
NFG
29
NewFocus Financial Group
Vancouver,
Washington
| – | -$719K | -9,821 | Closed |
|
|
JG
30
Jefferies Group
New York
| – | -$564K | -7,704 | Closed |
|
|
VFS
31
VSR Financial Services
Overland Park,
Kansas
| – | -$388K | -5,300 | Closed |
|
|
AWM
32
Affinity Wealth Management
Wilmington,
Delaware
| – | -$333K | -4,553 | Closed |
|
|
TSS
33
Two Sigma Securities
New York
| – | -$225K | -3,069 | Closed |
|
34
Citadel Advisors
Miami,
Florida
| – | -$221K | -3,016 | Closed |
|
35
Stifel Financial
St. Louis,
Missouri
| – | -$214K | -2,924 | Closed |
|
|
BRWA
36
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$44 | -600 | Closed |
|
37
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$8K | -113 | Closed |
|
|
CCS
38
Crosspoint Capital Strategies
Orinda,
California
| – | -$5K | -73 | Closed |
|
HYHG Hedge Fund Activity: Q1 2015 in Review
27 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in ProShares High Yield-Interest Rate Hedged ETF (HYHG) for Q1 2015, worth a combined $48.3M — down 15% from $56.8M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HYHG and 5 opened new positions — a net loss of 7 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Morgan Stanley, adding an estimated $2.2M. The largest seller was Jane Street, exiting entirely with an estimated $6.38M sold.
- 27 institutional investors held ProShares High Yield-Interest Rate Hedged ETF (HYHG) as of Q1 2015, down from 34 in Q4 2014.
- Funds reported $48.3M of ProShares High Yield-Interest Rate Hedged ETF stock for Q1 2015, down 15% quarter-over-quarter.
- 5 funds opened new ProShares High Yield-Interest Rate Hedged ETF positions in Q1 2015 and 12 closed out, a net change of -7 holders.
- The largest ProShares High Yield-Interest Rate Hedged ETF buyer in Q1 2015 was Morgan Stanley, an estimated $2.2M added.
- The largest ProShares High Yield-Interest Rate Hedged ETF seller in Q1 2015 was Jane Street, an estimated $6.38M sold.
Based on aggregated 13F filings for Q1 2015.