ProShares Investment Grade-Interest Rate Hedged
IGHG
23 hedge funds and large institutions have $47.6M invested in ProShares Investment Grade-Interest Rate Hedged in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 6 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
3% more capital invested
Capital invested by funds: $46.2M → $47.6M (+$1.34M)
4% less funds holding
Funds holding: 24 → 23 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.09M |
| 2 |
Jane Street
New York
|
+$2.72M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.41M |
| 4 |
SIM
SSI Investment Management
Los Angeles,
California
|
+$1.22M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$918K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$2.45M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.03M |
| 3 |
Morgan Stanley
New York
|
-$1.61M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$361K |
| 5 |
FAT
First American Trust
Santa Ana,
California
|
-$276K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IH
26
IFC Holdings
Tampa,
Florida
| – | -$230K | -3,000 | Closed |
|
27
Wells Fargo
San Francisco,
California
| – | -$21K | -272 | Closed |
|
|
WA
28
WFG Advisors
Dallas,
Texas
| – | -$15K | -200 | Closed |
|
IGHG Hedge Fund Activity: Q3 2015 in Review
23 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q3 2015, worth a combined $47.6M — up 2.9% from $46.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of IGHG and 5 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 8 added.
The largest buyer was Bank of America, adding an estimated $3.09M. The largest seller was Private Advisor Group, cutting an estimated $2.45M.
- 23 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q3 2015, down from 24 in Q2 2015.
- Funds reported $47.6M of ProShares Investment Grade-Interest Rate Hedged stock for Q3 2015, up 2.9% quarter-over-quarter.
- 5 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q3 2015 and 6 closed out, a net change of -1 holder.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q3 2015 was Bank of America, an estimated $3.09M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q3 2015 was Private Advisor Group, an estimated $2.45M sold.
Based on aggregated 13F filings for Q3 2015.