ProShares Investment Grade-Interest Rate Hedged
IGHG
65 hedge funds and large institutions have $345M invested in ProShares Investment Grade-Interest Rate Hedged in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 10 reducing their positions, and 8 closing their positions.
230% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 10
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
54% more capital invested
Capital invested by funds: $224M → $345M (+$121M)
8% more funds holding
Funds holding: 60 → 65 (+5)
3.78% more ownership
Funds ownership: 54.1% → 57.88% (+3.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$33.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$19.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$11.6M |
| 4 |
Jane Street
New York
|
+$10.4M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$9.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CT
CPF Texas
Plano,
Texas
|
-$848K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$828K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$504K |
| 4 |
HWP
Hefty Wealth Partners
Auburn,
Indiana
|
-$493K |
| 5 |
HIC
Holderness Investments Company
Greensboro,
North Carolina
|
-$317K |
IGHG Hedge Fund Activity: Q1 2018 in Review
65 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q1 2018, worth a combined $345M — up 54% from $224M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new IGHG positions and 8 closed out — a net gain of 6 holders — while 33 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $33.5M. The largest seller was CPF Texas, exiting entirely with an estimated $848K sold.
- 65 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q1 2018, up from 60 in Q4 2017.
- Funds reported $345M of ProShares Investment Grade-Interest Rate Hedged stock for Q1 2018, up 54% quarter-over-quarter.
- 14 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q1 2018 and 8 closed out, a net change of +6 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q1 2018 was Morgan Stanley, an estimated $33.5M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q1 2018 was CPF Texas, an estimated $848K sold.
Based on aggregated 13F filings for Q1 2018.