ProShares Investment Grade-Interest Rate Hedged
IGHG
35 hedge funds and large institutions have $106M invested in ProShares Investment Grade-Interest Rate Hedged in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 2 closing their positions.
550% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 2
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
66% more capital invested
Capital invested by funds: $63.9M → $106M (+$42.4M)
46% more funds holding
Funds holding: 24 → 35 (+11)
3.53% more ownership
Funds ownership: 40.29% → 43.82% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$12.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.64M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.2M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$706K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$226K |
| 3 |
BFPW
BOK Financial Private Wealth
Denver,
Colorado
|
-$214K |
| 4 |
HWP
Hefty Wealth Partners
Auburn,
Indiana
|
-$74K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$60.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $181K | +$155K | +2,040 | +600% |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $107K | -$60.3K | -794 | -36% |
|
28
JP Morgan Chase
New York
| $58K | +$57.4K | +755 | New |
|
29
Citigroup
New York
| $50K | – | – | – |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $38K | – | – | – |
|
|
NFG
31
Next Financial Group
Houston,
Texas
| $23K | +$15.2K | +200 | +200% |
|
|
RAM
32
Riggs Asset Management
Dallas,
Pennsylvania
| $15K | – | – | – |
|
|
SPIA
33
Steward Partners Investment Advisory
New York
| $8K | +$8.36K | +110 | New |
|
|
SF
34
Synovus Financial
Columbus,
Georgia
| $4K | +$4.48K | +59 | New |
|
|
BFPW
35
BOK Financial Private Wealth
Denver,
Colorado
| – | -$214K | -2,810 | Closed |
|
|
HWP
36
Hefty Wealth Partners
Auburn,
Indiana
| – | -$74K | -974 | Closed |
|
IGHG Hedge Fund Activity: Q1 2017 in Review
35 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q1 2017, worth a combined $106M — up 66% from $63.9M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IGHG positions and 2 closed out — a net gain of 11 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $15.2M. The largest seller was Envestnet Asset Management, cutting an estimated $706K.
- 35 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q1 2017, up from 24 in Q4 2016.
- Funds reported $106M of ProShares Investment Grade-Interest Rate Hedged stock for Q1 2017, up 66% quarter-over-quarter.
- 13 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q1 2017 and 2 closed out, a net change of +11 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q1 2017 was Morgan Stanley, an estimated $15.2M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q1 2017 was Envestnet Asset Management, an estimated $706K sold.
Based on aggregated 13F filings for Q1 2017.