ProShares Investment Grade-Interest Rate Hedged
IGHG
25 hedge funds and large institutions have $55.2M invested in ProShares Investment Grade-Interest Rate Hedged in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
16% more capital invested
Capital invested by funds: $47.6M → $55.2M (+$7.63M)
9% more funds holding
Funds holding: 23 → 25 (+2)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Colony Group
Boston,
Massachusetts
|
+$6.85M |
| 2 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$3.95M |
| 3 |
Morgan Stanley
New York
|
+$853K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$707K |
| 5 |
LPL Financial
San Diego,
California
|
+$275K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$2.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.26M |
| 3 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$1.2M |
| 4 |
Jane Street
New York
|
-$829K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$702K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAG
26
Private Advisor Group
Morristown,
New Jersey
| – | -$702K | -9,570 | Closed |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$18K | -245 | Closed |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -41 | Closed |
|
IGHG Hedge Fund Activity: Q4 2015 in Review
25 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q4 2015, worth a combined $55.2M — up 16% from $47.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new IGHG positions and 4 closed out — a net gain of 2 holders — while 6 added to existing stakes and 10 trimmed.
The largest buyer was Colony Group, opening a new position worth an estimated $6.85M. The largest seller was Legacy Private Trust, cutting an estimated $2.2M.
- 25 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q4 2015, up from 23 in Q3 2015.
- Funds reported $55.2M of ProShares Investment Grade-Interest Rate Hedged stock for Q4 2015, up 16% quarter-over-quarter.
- 6 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q4 2015 and 4 closed out, a net change of +2 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q4 2015 was Colony Group, an estimated $6.85M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q4 2015 was Legacy Private Trust, an estimated $2.2M sold.
Based on aggregated 13F filings for Q4 2015.