ProShares Investment Grade-Interest Rate Hedged
IGHG
56 hedge funds and large institutions have $304M invested in ProShares Investment Grade-Interest Rate Hedged in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 8 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
3.95% more ownership
Funds ownership: 68.18% → 72.13% (+3.9%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less capital invested
Capital invested by funds: $325M → $304M (-$21.3M)
8% less funds holding
Funds holding: 61 → 56 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$21.3M |
| 2 |
OAM
Occidental Asset Management
Burlingame,
California
|
+$5.56M |
| 3 |
HCM
HMS Capital Management
Nashville,
Tennessee
|
+$2.32M |
| 4 |
AWE
Avidian Wealth Enterprises
Houston,
Texas
|
+$1.18M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
SimpliFi Inc
San Diego,
California
|
-$17.7M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$15.9M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$5.35M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$4.76M |
| 5 |
Morgan Stanley
New York
|
-$3.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
51
Advisornet Financial
Minnetonka,
Minnesota
| $26K | +$75 | +1 | +0.3% |
|
|
PFGIA
52
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $23K | – | – | – |
|
|
RAM
53
Riggs Asset Management
Dallas,
Pennsylvania
| $15K | – | – | – |
|
|
SPIA
54
Steward Partners Investment Advisory
New York
| $13K | -$24K | -321 | -66% |
|
|
WAP
55
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $1K | – | – | – |
|
|
56
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$15.9M | -214,900 | Closed |
|
|
SFS
57
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$1.17M | -15,696 | Closed |
|
58
Citadel Advisors
Miami,
Florida
| – | -$385K | -5,205 | Closed |
|
|
VF
59
Virtu Financial
New York
| – | -$283K | -3,825 | Closed |
|
60
Envestnet Asset Management
Chicago,
Illinois
| – | -$159K | -2,152 | Closed |
|
|
CCA
61
Catalyst Capital Advisors
Huntington,
New York
| – | -$159K | -2,150 | Closed |
|
|
AWA
62
Acorn Wealth Advisors
Grand Blanc,
Michigan
| – | -$48K | -647 | Closed |
|
|
PA
63
Parallel Advisors
San Francisco,
California
| – | -$30K | -406 | Closed |
|
IGHG Hedge Fund Activity: Q3 2018 in Review
56 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q3 2018, worth a combined $304M — down 6.5% from $325M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of IGHG and 3 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 22 added.
The largest buyer was Jane Street, adding an estimated $21.3M. The largest seller was SimpliFi Inc, cutting an estimated $17.7M.
- 56 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q3 2018, down from 61 in Q2 2018.
- Funds reported $304M of ProShares Investment Grade-Interest Rate Hedged stock for Q3 2018, down 6.5% quarter-over-quarter.
- 3 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q3 2018 and 8 closed out, a net change of -5 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q3 2018 was Jane Street, an estimated $21.3M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q3 2018 was SimpliFi Inc, an estimated $17.7M sold.
Based on aggregated 13F filings for Q3 2018.