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ProShares High Yield-Interest Rate Hedged ETF

23 hedge funds and large institutions have $39M invested in ProShares High Yield-Interest Rate Hedged ETF in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 5

38.48% more ownership

Funds ownership: 0%38.48% (+38%)

15% more capital invested

Capital invested by funds: $33.9M → $39M (+$5.12M)

8% less funds holding

Funds holding: 2523 (-2)

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

Holders
23
Holders Change
-2
Holders Change %
-8%
% of All Funds
0.57%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
9
Reduced
5
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$23.7M +$5.68M +84,665 +32%
Bank of America
2
Bank of America
North Carolina
$3.7M +$262K +3,907 +8%
GC
3
Guggenheim Capital
Illinois
$2M -$156K -2,334 -7%
Wells Fargo
4
Wells Fargo
California
$2M +$550K +8,198 +39%
HIC
5
Holderness Investments Company
North Carolina
$1.66M +$504K +7,521 +45%
VKH
6
Virtu KCG Holdings
New York
$1.41M -$436K -6,504 -24%
UBS Group
7
UBS Group
Switzerland
$861K -$22.3K -333 -3%
Jane Street
8
Jane Street
New York
$754K -$1.76M -26,306 -70%
LPL Financial
9
LPL Financial
California
$646K +$19.9K +297 +3%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$452K +$143K +2,137 +48%
PAG
11
Private Advisor Group
New Jersey
$402K -$40.2K -600 -9%
GLRA
12
Gerald L. Ray & Associates
Texas
$340K
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$282K +$6.84K +102 +3%
Koshinski Asset Management
14
Koshinski Asset Management
Illinois
$282K +$13.4K +200 +5%
FAAS
15
First Allied Advisory Services
California
$206K +$202K +3,012 New
GWM
16
Geneos Wealth Management
Colorado
$124K
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$57K +$30.1K +449 +121%
AG
18
Advisor Group
Arizona
$37K
RCA
19
Rowland Carmichael Advisors
Arizona
$20K +$19.6K +292 New
IA
20
IFP Advisors
Florida
$13K
NFG
21
Next Financial Group
Texas
$8K +$7.38K +110 New
Citigroup
22
Citigroup
New York
$7K
Susquehanna International Group
23
Susquehanna International Group
Pennsylvania
-$419K -6,293 Closed
CWM
24
Cornerstone Wealth Management
Missouri
-$392K -5,906 Closed
CWM
25
Concert Wealth Management
California
-$46K -700 Closed

HYHG Hedge Fund Activity: Q4 2016 in Review

23 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in ProShares High Yield-Interest Rate Hedged ETF (HYHG) for Q4 2016, worth a combined $39M — up 15% from $33.9M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of HYHG and 3 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 9 added.

The largest buyer was Morgan Stanley, adding an estimated $5.68M. The largest seller was Jane Street, cutting an estimated $1.76M.

  • 23 institutional investors held ProShares High Yield-Interest Rate Hedged ETF (HYHG) as of Q4 2016, down from 25 in Q3 2016.
  • Funds reported $39M of ProShares High Yield-Interest Rate Hedged ETF stock for Q4 2016, up 15% quarter-over-quarter.
  • 3 funds opened new ProShares High Yield-Interest Rate Hedged ETF positions in Q4 2016 and 5 closed out, a net change of -2 holders.
  • The largest ProShares High Yield-Interest Rate Hedged ETF buyer in Q4 2016 was Morgan Stanley, an estimated $5.68M added.
  • The largest ProShares High Yield-Interest Rate Hedged ETF seller in Q4 2016 was Jane Street, an estimated $1.76M sold.

Based on aggregated 13F filings for Q4 2016.