ProShares Investment Grade-Interest Rate Hedged
IGHG
48 hedge funds and large institutions have $150M invested in ProShares Investment Grade-Interest Rate Hedged in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 22 reducing their positions, and 11 closing their positions.
0.72% less ownership
Funds ownership: 53.14% → 52.42% (-0.72%)
8% less capital invested
Capital invested by funds: $163M → $150M (-$13.2M)
14% less funds holding
Funds holding: 56 → 48 (-8)
45% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 22
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$5.58M |
| 2 |
AssetMark Inc
Concord,
California
|
+$2.26M |
| 3 |
LSPW
Lake Street Private Wealth
Chicago,
Illinois
|
+$2.14M |
| 4 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$963K |
| 5 |
FWM
Foresight Wealth Management
Draper,
Utah
|
+$603K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$5.52M |
| 2 |
Morgan Stanley
New York
|
-$3.99M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.28M |
| 4 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
-$2.53M |
| 5 |
OAM
Occidental Asset Management
Burlingame,
California
|
-$2.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
51
Cetera Advisors
Denver,
Colorado
| – | -$1.16M | -15,480 | Closed |
|
52
Citadel Advisors
Miami,
Florida
| – | -$1.11M | -14,738 | Closed |
|
|
BCM
53
Brasada Capital Management
Houston,
Texas
| – | -$773K | -10,280 | Closed |
|
|
RJFSA
54
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$738K | -9,812 | Closed |
|
|
WP
55
WealthSource Partners
San Luis Obispo,
California
| – | -$281K | -3,740 | Closed |
|
56
Citigroup
New York
| – | -$230K | -3,062 | Closed |
|
|
CFGS
57
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$4.85K | -65 | Closed |
|
|
MF
58
Manchester Financial
Westlake Village,
California
| – | -$5K | -61 | Closed |
|
IGHG Hedge Fund Activity: Q3 2019 in Review
48 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q3 2019, worth a combined $150M — down 8.1% from $163M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of IGHG and 3 opened new positions — a net loss of 8 holders — while 22 trimmed existing stakes and 12 added.
The largest buyer was Redhawk Wealth Advisors, opening a new position worth an estimated $5.58M. The largest seller was Jane Street, cutting an estimated $5.52M.
- 48 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q3 2019, down from 56 in Q2 2019.
- Funds reported $150M of ProShares Investment Grade-Interest Rate Hedged stock for Q3 2019, down 8.1% quarter-over-quarter.
- 3 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q3 2019 and 11 closed out, a net change of -8 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q3 2019 was Redhawk Wealth Advisors, an estimated $5.58M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q3 2019 was Jane Street, an estimated $5.52M sold.
Based on aggregated 13F filings for Q3 2019.