ProShares Investment Grade-Interest Rate Hedged
IGHG
60 hedge funds and large institutions have $224M invested in ProShares Investment Grade-Interest Rate Hedged in 2017 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 25 increasing their positions, 9 reducing their positions, and 4 closing their positions.
400% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 4
178% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 9
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
36% more funds holding
Funds holding: 44 → 60 (+16)
35% more capital invested
Capital invested by funds: $166M → $224M (+$58.6M)
7.12% more ownership
Funds ownership: 46.98% → 54.1% (+7.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$12.1M |
| 2 |
Morgan Stanley
New York
|
+$6.24M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.09M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.92M |
| 5 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$3.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIC
Holderness Investments Company
Greensboro,
North Carolina
|
-$1.29M |
| 2 |
NVCHI
New Vernon Capital Holdings II
Morristown,
New Jersey
|
-$829K |
| 3 |
VF
Virtu Financial
New York
|
-$622K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$327K |
| 5 |
LPL Financial
San Diego,
California
|
-$241K |
IGHG Hedge Fund Activity: Q4 2017 in Review
60 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q4 2017, worth a combined $224M — up 35% from $166M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new IGHG positions and 4 closed out — a net gain of 16 holders — while 25 added to existing stakes and 9 trimmed.
The largest buyer was Mirae Asset Global Investments, adding an estimated $12.1M. The largest seller was Holderness Investments Company, cutting an estimated $1.29M.
- 60 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q4 2017, up from 44 in Q3 2017.
- Funds reported $224M of ProShares Investment Grade-Interest Rate Hedged stock for Q4 2017, up 35% quarter-over-quarter.
- 20 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q4 2017 and 4 closed out, a net change of +16 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q4 2017 was Mirae Asset Global Investments, an estimated $12.1M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q4 2017 was Holderness Investments Company, an estimated $1.29M sold.
Based on aggregated 13F filings for Q4 2017.