ProShares High Yield-Interest Rate Hedged ETF
HYHG
41 hedge funds and large institutions have $40M invested in ProShares High Yield-Interest Rate Hedged ETF in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
11% more funds holding
Funds holding: 37 → 41 (+4)
11.59% less ownership
Funds ownership: 42.67% → 31.07% (-12%)
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
37% less capital invested
Capital invested by funds: $63.6M → $40M (-$23.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$772K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$372K |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$306K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$304K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$19.6M |
| 2 |
Jane Street
New York
|
-$5.38M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.33M |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$1.24M |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$578K |
HYHG Hedge Fund Activity: Q1 2019 in Review
41 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in ProShares High Yield-Interest Rate Hedged ETF (HYHG) for Q1 2019, worth a combined $40M — down 37% from $63.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HYHG positions and 3 closed out — a net gain of 4 holders — while 11 added to existing stakes and 17 trimmed.
The largest buyer was Credit Suisse, adding an estimated $772K. The largest seller was Morgan Stanley, cutting an estimated $19.6M.
- 41 institutional investors held ProShares High Yield-Interest Rate Hedged ETF (HYHG) as of Q1 2019, up from 37 in Q4 2018.
- Funds reported $40M of ProShares High Yield-Interest Rate Hedged ETF stock for Q1 2019, down 37% quarter-over-quarter.
- 7 funds opened new ProShares High Yield-Interest Rate Hedged ETF positions in Q1 2019 and 3 closed out, a net change of +4 holders.
- The largest ProShares High Yield-Interest Rate Hedged ETF buyer in Q1 2019 was Credit Suisse, an estimated $772K added.
- The largest ProShares High Yield-Interest Rate Hedged ETF seller in Q1 2019 was Morgan Stanley, an estimated $19.6M sold.
Based on aggregated 13F filings for Q1 2019.