ProShares Investment Grade-Interest Rate Hedged
IGHG
60 hedge funds and large institutions have $161M invested in ProShares Investment Grade-Interest Rate Hedged in 2018 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 14 closing their positions.
29% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 14
7% more funds holding
Funds holding: 56 → 60 (+4)
27.44% less ownership
Funds ownership: 72.13% → 44.68% (-27%)
35% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 20
47% less capital invested
Capital invested by funds: $304M → $161M (-$142M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.46M |
| 2 |
CAAS
Capital Asset Advisory Services
Williamston,
Michigan
|
+$2.42M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.08M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.23M |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$31.2M |
| 2 |
Morgan Stanley
New York
|
-$25.8M |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$16M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$12.4M |
| 5 |
AssetMark Inc
Concord,
California
|
-$11.4M |
IGHG Hedge Fund Activity: Q4 2018 in Review
60 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q4 2018, worth a combined $161M — down 47% from $304M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new IGHG positions and 14 closed out — a net gain of 4 holders — while 13 added to existing stakes and 20 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $2.46M. The largest seller was Jane Street, exiting entirely with an estimated $31.2M sold.
- 60 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q4 2018, up from 56 in Q3 2018.
- Funds reported $161M of ProShares Investment Grade-Interest Rate Hedged stock for Q4 2018, down 47% quarter-over-quarter.
- 18 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q4 2018 and 14 closed out, a net change of +4 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q4 2018 was Envestnet Asset Management, an estimated $2.46M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q4 2018 was Jane Street, an estimated $31.2M sold.
Based on aggregated 13F filings for Q4 2018.