ProShares Investment Grade-Interest Rate Hedged
IGHG
47 hedge funds and large institutions have $126M invested in ProShares Investment Grade-Interest Rate Hedged in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 10 closing their positions.
0.28% less ownership
Funds ownership: 49.56% → 49.28% (-0.28%)
5% less capital invested
Capital invested by funds: $132M → $126M (-$5.96M)
13% less funds holding
Funds holding: 54 → 47 (-7)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$33.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.5M |
| 3 |
Jane Street
New York
|
+$6.62M |
| 4 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$1.17M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$824K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$14.3M |
| 2 |
Morgan Stanley
New York
|
-$7.72M |
| 3 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$5.41M |
| 4 |
LSPW
Lake Street Private Wealth
Chicago,
Illinois
|
-$2.31M |
| 5 |
FWM
Foresight Wealth Management
Draper,
Utah
|
-$2.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citadel Advisors
Miami,
Florida
| – | -$567K | -7,326 | Closed |
|
|
CRWM
52
Castle Rock Wealth Management
Walnut Creek,
California
| – | -$447K | -5,839 | Closed |
|
|
WWM
53
Western Wealth Management
Golden,
Colorado
| – | -$219K | -2,829 | Closed |
|
|
AP
54
Americana Partners
Houston,
Texas
| – | -$185K | -2,392 | Closed |
|
55
Fidelity Investments
Boston,
Massachusetts
| – | -$83.1K | -1,140 | -100% |
|
56
JP Morgan Chase
New York
| – | -$60K | -778 | Closed |
|
|
RIA
57
Realta Investment Advisors
Wilmington,
Delaware
| – | -$1K | -11 | Closed |
|
IGHG Hedge Fund Activity: Q1 2020 in Review
47 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q1 2020, worth a combined $126M — down 4.5% from $132M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of IGHG and 6 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 12 added.
The largest buyer was AssetMark Inc, opening a new position worth an estimated $33.4M. The largest seller was Wells Fargo, cutting an estimated $14.3M.
- 47 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q1 2020, down from 54 in Q4 2019.
- Funds reported $126M of ProShares Investment Grade-Interest Rate Hedged stock for Q1 2020, down 4.5% quarter-over-quarter.
- 6 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q1 2020 and 10 closed out, a net change of -4 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q1 2020 was AssetMark Inc, an estimated $33.4M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q1 2020 was Wells Fargo, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2020.