ProShares Investment Grade-Interest Rate Hedged
IGHG
61 hedge funds and large institutions have $325M invested in ProShares Investment Grade-Interest Rate Hedged in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 10 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
10.74% more ownership
Funds ownership: 57.43% → 68.18% (+11%)
5% less funds holding
Funds holding: 64 → 61 (-3)
5% less capital invested
Capital invested by funds: $343M → $325M (-$17.9M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$93.5M |
| 2 |
SI
SimpliFi Inc
San Diego,
California
|
+$3.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.97M |
| 4 |
AssetMark Inc
Concord,
California
|
+$1.74M |
| 5 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.41M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.42M |
| 3 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$5.3M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$4.95M |
| 5 |
LPL Financial
San Diego,
California
|
-$3.65M |
IGHG Hedge Fund Activity: Q2 2018 in Review
61 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q2 2018, worth a combined $325M — down 5.2% from $343M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of IGHG and 7 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 24 added.
The largest buyer was Cornerstone Wealth Management, adding an estimated $93.5M. The largest seller was Morgan Stanley, cutting an estimated $9.41M.
- 61 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q2 2018, down from 64 in Q1 2018.
- Funds reported $325M of ProShares Investment Grade-Interest Rate Hedged stock for Q2 2018, down 5.2% quarter-over-quarter.
- 7 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q2 2018 and 10 closed out, a net change of -3 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $93.5M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q2 2018 was Morgan Stanley, an estimated $9.41M sold.
Based on aggregated 13F filings for Q2 2018.