ProShares Investment Grade-Interest Rate Hedged
IGHG
48 hedge funds and large institutions have $359M invested in ProShares Investment Grade-Interest Rate Hedged in 2020 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 9 closing their positions.
233% more capital invested
Capital invested by funds: $108M → $359M (+$251M)
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
23.88% more ownership
Funds ownership: 53.71% → 77.59% (+24%)
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
9% more funds holding
Funds holding: 44 → 48 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RBA
Richard Bernstein Advisors
New York
|
+$224M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$10.3M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.67M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$7.91M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$8.41M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.09M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.36M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$969K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$663K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJA
51
Raymond James & Associates
St Petersburg,
Florida
| – | -$319K | -4,465 | Closed |
|
|
TSS
52
Two Sigma Securities
New York
| – | -$236K | -3,302 | Closed |
|
|
AAM
53
Advisors Asset Management
Monument,
Colorado
| – | -$44K | -618 | Closed |
|
54
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -51 | Closed |
|
|
WCG
55
Weaver Consulting Group
Huntington Beach,
California
| – | -$3K | -38 | Closed |
|
56
Fidelity Investments
Boston,
Massachusetts
| – | +$444 | +6 | New |
|
57
Rockefeller Capital Management
New York
| – | +$814 | +11 | New |
|
IGHG Hedge Fund Activity: Q4 2020 in Review
48 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q4 2020, worth a combined $359M — up 233% from $108M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IGHG positions and 9 closed out — a net gain of 4 holders — while 13 added to existing stakes and 11 trimmed.
The largest buyer was Richard Bernstein Advisors, opening a new position worth an estimated $224M. The largest seller was Jane Street, exiting entirely with an estimated $8.41M sold.
- 48 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q4 2020, up from 44 in Q3 2020.
- Funds reported $359M of ProShares Investment Grade-Interest Rate Hedged stock for Q4 2020, up 233% quarter-over-quarter.
- 13 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q4 2020 and 9 closed out, a net change of +4 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q4 2020 was Richard Bernstein Advisors, an estimated $224M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q4 2020 was Jane Street, an estimated $8.41M sold.
Based on aggregated 13F filings for Q4 2020.