ProShares High Yield-Interest Rate Hedged ETF
HYHG
37 hedge funds and large institutions have $63.6M invested in ProShares High Yield-Interest Rate Hedged ETF in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
12% more funds holding
Funds holding: 33 → 37 (+4)
6.86% less ownership
Funds ownership: 49.53% → 42.67% (-6.9%)
27% less capital invested
Capital invested by funds: $87.5M → $63.6M (-$23.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.5M |
| 2 |
Jane Street
New York
|
+$7.65M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.41M |
| 4 |
CAAS
Capital Asset Advisory Services
Williamston,
Michigan
|
+$1.2M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$850K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RBA
Richard Bernstein Advisors
New York
|
-$42.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.93M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.69M |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
-$260K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$111K |
HYHG Hedge Fund Activity: Q4 2018 in Review
37 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in ProShares High Yield-Interest Rate Hedged ETF (HYHG) for Q4 2018, worth a combined $63.6M — down 27% from $87.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new HYHG positions and 4 closed out — a net gain of 5 holders — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.5M. The largest seller was Richard Bernstein Advisors, exiting entirely with an estimated $42.6M sold.
- 37 institutional investors held ProShares High Yield-Interest Rate Hedged ETF (HYHG) as of Q4 2018, up from 33 in Q3 2018.
- Funds reported $63.6M of ProShares High Yield-Interest Rate Hedged ETF stock for Q4 2018, down 27% quarter-over-quarter.
- 9 funds opened new ProShares High Yield-Interest Rate Hedged ETF positions in Q4 2018 and 4 closed out, a net change of +5 holders.
- The largest ProShares High Yield-Interest Rate Hedged ETF buyer in Q4 2018 was Morgan Stanley, an estimated $14.5M added.
- The largest ProShares High Yield-Interest Rate Hedged ETF seller in Q4 2018 was Richard Bernstein Advisors, an estimated $42.6M sold.
Based on aggregated 13F filings for Q4 2018.