ProShares Investment Grade-Interest Rate Hedged
IGHG
52 hedge funds and large institutions have $218M invested in ProShares Investment Grade-Interest Rate Hedged in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 26 reducing their positions, and 12 closing their positions.
3.36% more ownership
Funds ownership: 66.67% → 70.04% (+3.4%)
11% less capital invested
Capital invested by funds: $246M → $218M (-$28.2M)
16% less funds holding
Funds holding: 62 → 52 (-10)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 26
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.1M |
| 2 |
Jane Street
New York
|
+$301K |
| 3 |
LPL Financial
San Diego,
California
|
+$155K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$102K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$62K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$12.2M |
| 2 |
AssetMark Inc
Concord,
California
|
-$11M |
| 3 |
CA
Capital Advantage
Walnut Creek,
California
|
-$9.55M |
| 4 |
Morgan Stanley
New York
|
-$3.53M |
| 5 |
FWM
Fortress Wealth Management
Culver City,
California
|
-$2.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| $728 | -$1.43K | -20 | -67% |
|
52
Fidelity Investments
Boston,
Massachusetts
| $218 | +$214 | +3 | New |
|
|
53
AssetMark Inc
Concord,
California
| – | -$11M | -153,084 | Closed |
|
54
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1.15M | -16,000 | Closed |
|
|
SWRP
55
Summit Wealth & Retirement Planning
San Ramon,
California
| – | -$544K | -7,573 | Closed |
|
|
AR
56
Apeiron RIA
Dallas,
Texas
| – | -$261K | -3,639 | Closed |
|
|
TSS
57
Two Sigma Securities
New York
| – | -$236K | -3,283 | Closed |
|
|
CC
58
Commons Capital
Needham,
Massachusetts
| – | -$235K | -3,278 | Closed |
|
|
PA
59
Procyon Advisors
Shelton,
Connecticut
| – | -$217K | -3,021 | Closed |
|
60
Simplex Trading
Chicago,
Illinois
| – | -$21K | -300 | Closed |
|
|
BTI
61
Blue Trust Inc
Alpharetta,
Georgia
| – | -$19K | -266 | Closed |
|
|
AWM
62
Accel Wealth Management
Waverly,
Iowa
| – | -$14.4K | -200 | Closed |
|
|
AAS
63
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$7.9K | -110 | Closed |
|
|
TRCT
64
Tower Research Capital (TRC)
New York
| – | -$7K | -100 | Closed |
|
IGHG Hedge Fund Activity: Q2 2023 in Review
52 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q2 2023, worth a combined $218M — down 11% from $246M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of IGHG and 4 opened new positions — a net loss of 8 holders — while 26 trimmed existing stakes and 13 added.
The largest buyer was Susquehanna International Group, adding an estimated $10.1M. The largest seller was Wells Fargo, cutting an estimated $12.2M.
- 52 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q2 2023, down from 62 in Q1 2023.
- Funds reported $218M of ProShares Investment Grade-Interest Rate Hedged stock for Q2 2023, down 11% quarter-over-quarter.
- 4 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q2 2023 and 12 closed out, a net change of -8 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q2 2023 was Susquehanna International Group, an estimated $10.1M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q2 2023 was Wells Fargo, an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2023.