ProShares Investment Grade-Interest Rate Hedged
IGHG
45 hedge funds and large institutions have $132M invested in ProShares Investment Grade-Interest Rate Hedged in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 19 reducing their positions, and 9 closing their positions.
11.38% more ownership
Funds ownership: 49.28% → 60.66% (+11%)
5% more capital invested
Capital invested by funds: $126M → $132M (+$5.75M)
4% less funds holding
Funds holding: 47 → 45 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
63% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$12.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.19M |
| 3 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
+$4.37M |
| 4 |
CI
CX Institutional
Auburn,
Indiana
|
+$3.92M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$852K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$16.5M |
| 2 |
Morgan Stanley
New York
|
-$6.01M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.35M |
| 4 |
FWM
Foresight Wealth Management
Draper,
Utah
|
-$2.25M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| – | -$15K | -237 | Closed |
|
|
IA
52
IFP Advisors
Tampa,
Florida
| – | -$1.99K | -29 | Closed |
|
|
WAP
53
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$1K | -17 | Closed |
|
IGHG Hedge Fund Activity: Q2 2020 in Review
45 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q2 2020, worth a combined $132M — up 4.6% from $126M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IGHG and 7 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 7 added.
The largest buyer was Jane Street, adding an estimated $12.8M. The largest seller was AssetMark Inc, cutting an estimated $16.5M.
- 45 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q2 2020, down from 47 in Q1 2020.
- Funds reported $132M of ProShares Investment Grade-Interest Rate Hedged stock for Q2 2020, up 4.6% quarter-over-quarter.
- 7 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q2 2020 and 9 closed out, a net change of -2 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q2 2020 was Jane Street, an estimated $12.8M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q2 2020 was AssetMark Inc, an estimated $16.5M sold.
Based on aggregated 13F filings for Q2 2020.