ProShares Investment Grade-Interest Rate Hedged
IGHG
58 hedge funds and large institutions have $195M invested in ProShares Investment Grade-Interest Rate Hedged in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
12% more funds holding
Funds holding: 52 → 58 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.54% less ownership
Funds ownership: 70.04% → 68.5% (-1.5%)
10% less capital invested
Capital invested by funds: $218M → $195M (-$22.9M)
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$4.03M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.86M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$865K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$656K |
| 5 |
CAL
Capital Analysts LLC
Fort Washington,
Pennsylvania
|
+$416K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$16.7M |
| 2 |
CA
Capital Advantage
Walnut Creek,
California
|
-$4.83M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.72M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.38M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PTC
51
Private Trust Company
Cleveland,
Ohio
| $11.5K | – | – | – |
|
|
RIA
52
Realta Investment Advisors
Wilmington,
Delaware
| $11.3K | – | – | – |
|
|
RG
53
Retirement Group
San Diego,
California
| $11.1K | – | – | – |
|
|
HCM
54
Hollencrest Capital Management
Newport Beach,
California
| $4.81K | – | – | – |
|
|
NS
55
NBC Securities
Birmingham,
Alabama
| $3K | +$3.3K | +45 | New |
|
|
CSPIA
56
Cary Street Partners Investment Advisory
Richmond,
Virginia
| $2.15K | – | – | – |
|
|
RF
57
Robinswood Financial
Kirkland,
Washington
| $2.07K | – | – | – |
|
58
Bank of Montreal
Toronto,
Ontario, Canada
| $811 | +$73 | +1 | +10% |
|
|
RA
59
RFG Advisory
Birmingham,
Alabama
| – | -$695K | -9,549 | Closed |
|
60
Rockefeller Capital Management
New York
| – | -$655K | -8,991 | Closed |
|
61
Fidelity Investments
Boston,
Massachusetts
| – | -$218 | -3 | Closed |
|
IGHG Hedge Fund Activity: Q3 2023 in Review
58 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q3 2023, worth a combined $195M — down 10% from $218M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new IGHG positions and 3 closed out — a net gain of 7 holders — while 16 added to existing stakes and 21 trimmed.
The largest buyer was GeoWealth Management, opening a new position worth an estimated $4.03M. The largest seller was Jane Street, cutting an estimated $16.7M.
- 58 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q3 2023, up from 52 in Q2 2023.
- Funds reported $195M of ProShares Investment Grade-Interest Rate Hedged stock for Q3 2023, down 10% quarter-over-quarter.
- 10 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q3 2023 and 3 closed out, a net change of +7 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q3 2023 was GeoWealth Management, an estimated $4.03M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q3 2023 was Jane Street, an estimated $16.7M sold.
Based on aggregated 13F filings for Q3 2023.