ProShares Investment Grade-Interest Rate Hedged
IGHG
54 hedge funds and large institutions have $132M invested in ProShares Investment Grade-Interest Rate Hedged in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
13% more funds holding
Funds holding: 48 → 54 (+6)
0% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 15
2.86% less ownership
Funds ownership: 52.42% → 49.56% (-2.9%)
12% less capital invested
Capital invested by funds: $150M → $132M (-$17.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
Foresight Wealth Management
Draper,
Utah
|
+$1.73M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$825K |
| 3 |
CAL
Capital Advisors Ltd
Shaker Heights,
Ohio
|
+$605K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$555K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$554K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$13.6M |
| 2 |
Jane Street
New York
|
-$7.98M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$2.56M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.08M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$537K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | +$2.27K | +30 | New |
|
|
RIA
52
Realta Investment Advisors
Wilmington,
Delaware
| $1K | – | – | – |
|
|
WAP
53
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $1K | – | – | – |
|
|
PGAM
54
Princeton Global Asset Management
Princeton,
New Jersey
| $135 | +$5.22K | +69 | +4% |
|
|
55
AssetMark Inc
Concord,
California
| – | -$13.6M | -183,023 | Closed |
|
|
PMAM
56
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$2.56M | -34,330 | Closed |
|
57
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$346K | -4,642 | Closed |
|
58
MML Investors Services
Springfield,
Massachusetts
| – | -$301K | -4,038 | Closed |
|
59
Envestnet Asset Management
Chicago,
Illinois
| – | -$283K | -3,800 | Closed |
|
|
CAAS
60
Capital Asset Advisory Services
Williamston,
Michigan
| – | -$231K | -3,099 | Closed |
|
|
RAM
61
Riggs Asset Management
Dallas,
Pennsylvania
| – | -$14K | -198 | Closed |
|
|
SPIA
62
Steward Partners Investment Advisory
New York
| – | -$4K | -58 | Closed |
|
IGHG Hedge Fund Activity: Q4 2019 in Review
54 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q4 2019, worth a combined $132M — down 12% from $150M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new IGHG positions and 8 closed out — a net gain of 6 holders — while 15 added to existing stakes and 15 trimmed.
The largest buyer was Foresight Wealth Management, adding an estimated $1.73M. The largest seller was AssetMark Inc, exiting entirely with an estimated $13.6M sold.
- 54 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q4 2019, up from 48 in Q3 2019.
- Funds reported $132M of ProShares Investment Grade-Interest Rate Hedged stock for Q4 2019, down 12% quarter-over-quarter.
- 14 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q4 2019 and 8 closed out, a net change of +6 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q4 2019 was Foresight Wealth Management, an estimated $1.73M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q4 2019 was AssetMark Inc, an estimated $13.6M sold.
Based on aggregated 13F filings for Q4 2019.