ProShares High Yield-Interest Rate Hedged ETF
HYHG
26 hedge funds and large institutions have $42M invested in ProShares High Yield-Interest Rate Hedged ETF in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 15 reducing their positions, and 8 closing their positions.
22% more capital invested
Capital invested by funds: $34.4M → $42M (+$7.6M)
12.28% more ownership
Funds ownership: 31.3% → 43.58% (+12%)
24% less funds holding
Funds holding: 34 → 26 (-8)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
73% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$24.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.05M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$442K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$210K |
| 5 |
SCA
Snowden Capital Advisors
New York
|
+$1.18K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.56M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.43M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.94M |
| 4 |
Morgan Stanley
New York
|
-$1.08M |
| 5 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
-$650K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
26
Realta Investment Advisors
Wilmington,
Delaware
| – | -$650K | -10,052 | Closed |
|
|
CS
27
Credit Suisse
Zurich,
Switzerland
| – | -$499K | -7,621 | Closed |
|
28
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$310K | -4,741 | Closed |
|
|
MWP
29
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | -$13K | -200 | Closed |
|
|
GRP
30
Global Retirement Partners
San Rafael,
California
| – | -$12K | -184 | Closed |
|
|
AF
31
Advisornet Financial
Minnetonka,
Minnesota
| – | -$7K | -100 | Closed |
|
|
SPIA
32
Steward Partners Investment Advisory
New York
| – | -$3K | -60 | Closed |
|
|
CFB
33
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$2K | -33 | Closed |
|
34
Fidelity Investments
Boston,
Massachusetts
| – | +$62 | +1 | New |
|
HYHG Hedge Fund Activity: Q1 2020 in Review
26 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in ProShares High Yield-Interest Rate Hedged ETF (HYHG) for Q1 2020, worth a combined $42M — up 22% from $34.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HYHG and 3 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 4 added.
The largest buyer was Jane Street, adding an estimated $24.3M. The largest seller was Bank of America, cutting an estimated $3.56M.
- 26 institutional investors held ProShares High Yield-Interest Rate Hedged ETF (HYHG) as of Q1 2020, down from 34 in Q4 2019.
- Funds reported $42M of ProShares High Yield-Interest Rate Hedged ETF stock for Q1 2020, up 22% quarter-over-quarter.
- 3 funds opened new ProShares High Yield-Interest Rate Hedged ETF positions in Q1 2020 and 8 closed out, a net change of -5 holders.
- The largest ProShares High Yield-Interest Rate Hedged ETF buyer in Q1 2020 was Jane Street, an estimated $24.3M added.
- The largest ProShares High Yield-Interest Rate Hedged ETF seller in Q1 2020 was Bank of America, an estimated $3.56M sold.
Based on aggregated 13F filings for Q1 2020.