ProShares Investment Grade-Interest Rate Hedged
IGHG
52 hedge funds and large institutions have $442M invested in ProShares Investment Grade-Interest Rate Hedged in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 7 reducing their positions, and 5 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 7
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
23% more capital invested
Capital invested by funds: $359M → $442M (+$83M)
8% more funds holding
Funds holding: 48 → 52 (+4)
1.89% less ownership
Funds ownership: 77.59% → 75.71% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RBA
Richard Bernstein Advisors
New York
|
+$24.6M |
| 2 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$17.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.98M |
| 4 |
Morgan Stanley
New York
|
+$6.68M |
| 5 |
Jane Street
New York
|
+$5.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$718K |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$428K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$304K |
| 4 |
CAL
Capital Advisors Ltd
Shaker Heights,
Ohio
|
-$238K |
| 5 |
ICP
Interchange Capital Partners
Pittsburgh,
Pennsylvania
|
-$178K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
51
Concourse Financial Group Securities
Birmingham,
Alabama
| $5K | – | – | – |
|
|
MF
52
Manchester Financial
Westlake Village,
California
| $5K | – | – | – |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
|
54
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$428K | -5,669 | Closed |
|
|
CS
55
Credit Suisse
Zurich,
Switzerland
| – | -$304K | -4,027 | Closed |
|
|
ICP
56
Interchange Capital Partners
Pittsburgh,
Pennsylvania
| – | -$178K | -2,356 | Closed |
|
|
TIAM2
57
Tru Independence Asset Management 2
Portland,
Oregon
| – | -$2K | -22 | Closed |
|
IGHG Hedge Fund Activity: Q1 2021 in Review
52 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q1 2021, worth a combined $442M — up 23% from $359M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new IGHG positions and 5 closed out — a net gain of 4 holders — while 21 added to existing stakes and 7 trimmed.
The largest buyer was Richard Bernstein Advisors, adding an estimated $24.6M. The largest seller was Ameriprise, cutting an estimated $718K.
- 52 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q1 2021, up from 48 in Q4 2020.
- Funds reported $442M of ProShares Investment Grade-Interest Rate Hedged stock for Q1 2021, up 23% quarter-over-quarter.
- 9 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q1 2021 and 5 closed out, a net change of +4 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q1 2021 was Richard Bernstein Advisors, an estimated $24.6M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q1 2021 was Ameriprise, an estimated $718K sold.
Based on aggregated 13F filings for Q1 2021.