ProShares High Yield-Interest Rate Hedged ETF
HYHG
23 hedge funds and large institutions have $38.7M invested in ProShares High Yield-Interest Rate Hedged ETF in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 6 closing their positions.
12% less funds holding
Funds holding: 26 → 23 (-3)
21% less capital invested
Capital invested by funds: $49.2M → $38.7M (-$10.5M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.44M |
| 2 |
LPL Financial
San Diego,
California
|
+$542K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$293K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$102K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$82.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.06M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.05M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.19M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$766K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$605K |
HYHG Hedge Fund Activity: Q4 2015 in Review
23 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in ProShares High Yield-Interest Rate Hedged ETF (HYHG) for Q4 2015, worth a combined $38.7M — down 21% from $49.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HYHG and 3 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 5 added.
The largest buyer was Jane Street, adding an estimated $1.44M. The largest seller was Morgan Stanley, cutting an estimated $5.06M.
- 23 institutional investors held ProShares High Yield-Interest Rate Hedged ETF (HYHG) as of Q4 2015, down from 26 in Q3 2015.
- Funds reported $38.7M of ProShares High Yield-Interest Rate Hedged ETF stock for Q4 2015, down 21% quarter-over-quarter.
- 3 funds opened new ProShares High Yield-Interest Rate Hedged ETF positions in Q4 2015 and 6 closed out, a net change of -3 holders.
- The largest ProShares High Yield-Interest Rate Hedged ETF buyer in Q4 2015 was Jane Street, an estimated $1.44M added.
- The largest ProShares High Yield-Interest Rate Hedged ETF seller in Q4 2015 was Morgan Stanley, an estimated $5.06M sold.
Based on aggregated 13F filings for Q4 2015.