ProShares High Yield-Interest Rate Hedged ETF
HYHG
24 hedge funds and large institutions have $25M invested in ProShares High Yield-Interest Rate Hedged ETF in 2020 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 6 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
6.7% less ownership
Funds ownership: 38.9% → 32.2% (-6.7%)
14% less capital invested
Capital invested by funds: $29M → $25M (-$4.04M)
14% less funds holding
Funds holding: 28 → 24 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$880K |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$186K |
| 3 |
Morgan Stanley
New York
|
+$153K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$115K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$71.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$4.59M |
| 2 |
ML
McAdam LLC
Philadelphia,
Pennsylvania
|
-$486K |
| 3 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$435K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$323K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$239K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HH
26
Hilltop Holdings
Dallas,
Texas
| – | -$435K | -7,280 | Closed |
|
|
27
MML Investors Services
Springfield,
Massachusetts
| – | -$323K | -5,414 | Closed |
|
|
28
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$239K | -3,999 | Closed |
|
|
FFA
29
Founders Financial Alliance
Raleigh,
North Carolina
| – | -$49K | -809 | Closed |
|
|
TFA
30
Toth Financial Advisory
Leesburg,
Virginia
| – | -$13K | -225 | Closed |
|
HYHG Hedge Fund Activity: Q4 2020 in Review
24 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in ProShares High Yield-Interest Rate Hedged ETF (HYHG) for Q4 2020, worth a combined $25M — down 14% from $29M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HYHG and 2 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was Wells Fargo, adding an estimated $880K. The largest seller was Jane Street, cutting an estimated $4.59M.
- 24 institutional investors held ProShares High Yield-Interest Rate Hedged ETF (HYHG) as of Q4 2020, down from 28 in Q3 2020.
- Funds reported $25M of ProShares High Yield-Interest Rate Hedged ETF stock for Q4 2020, down 14% quarter-over-quarter.
- 2 funds opened new ProShares High Yield-Interest Rate Hedged ETF positions in Q4 2020 and 6 closed out, a net change of -4 holders.
- The largest ProShares High Yield-Interest Rate Hedged ETF buyer in Q4 2020 was Wells Fargo, an estimated $880K added.
- The largest ProShares High Yield-Interest Rate Hedged ETF seller in Q4 2020 was Jane Street, an estimated $4.59M sold.
Based on aggregated 13F filings for Q4 2020.