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ProShares Investment Grade-Interest Rate Hedged

56 hedge funds and large institutions have $304M invested in ProShares Investment Grade-Interest Rate Hedged in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 20

3.95% more ownership

Funds ownership: 68.18%72.13% (+3.9%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

7% less capital invested

Capital invested by funds: $325M → $304M (-$21.3M)

8% less funds holding

Funds holding: 6156 (-5)

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

Holders
56
Holders Change
-5
Holders Change %
-8.2%
% of All Funds
1.28%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
3
Increased
22
Reduced
20
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$93.1M -$3.96M -52,900 -4%
Bank of America
2
Bank of America
North Carolina
$32.3M -$3.63M -48,521 -10%
Jane Street
3
Jane Street
New York
$31.2M +$21.3M +285,077 +224%
Wells Fargo
4
Wells Fargo
California
$29.3M -$576K -7,698 -2%
UBS Group
5
UBS Group
Switzerland
$25.5M -$4.76M -63,591 -16%
CWM
6
Cornerstone Wealth Management
Missouri
$16M -$1.38M -18,430 -1%
AssetMark Inc
7
AssetMark Inc
California
$11.4M +$44K +587 +0.4%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$7.34M -$36.5K -487 -0.5%
WP
9
WealthSource Partners
California
$7.05M -$608K -8,122 -8%
HCM
10
HMS Capital Management
Tennessee
$7.05M +$2.32M +30,923 +50%
OAM
11
Occidental Asset Management
California
$6.3M +$5.56M +74,223 +825%
JP Morgan Chase
12
JP Morgan Chase
New York
$3.3M -$363K -4,841 -10%
CAL
13
Capital Advisors Ltd
Ohio
$2.83M +$130K +1,735 +5%
LPL Financial
14
LPL Financial
California
$2M +$62.1K +829 +3%
PFPT
15
Pinnacle Financial Partners (Tennessee)
Tennessee
$1.97M +$707K +9,447 +57%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$1.86M +$170K +2,275 +10%
LFAS
17
Level Four Advisory Services
Texas
$1.66M +$12K +160 +0.7%
SI
18
Stephens Inc
Arkansas
$1.49M +$146K +1,946 +11%
MML Investors Services
19
MML Investors Services
Massachusetts
$1.38M -$5.35M -71,412 -80%
AG
20
Advisor Group
Arizona
$1.32M +$359K +4,797 +38%
EC
21
Estate Counselors
Wisconsin
$1.21M
AWE
22
Avidian Wealth Enterprises
Texas
$1.2M +$1.18M +15,800 New
SI
23
SimpliFi Inc
California
$1.13M -$17.7M -235,945 -94%
PMAM
24
Picton Mahoney Asset Management
Ontario, Canada
$1.1M +$208K +2,780 +24%
BCM
25
Brasada Capital Management
Texas
$1.08M -$1.61M -21,489 -60%

IGHG Hedge Fund Activity: Q3 2018 in Review

56 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q3 2018, worth a combined $304M — down 6.5% from $325M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of IGHG and 3 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 22 added.

The largest buyer was Jane Street, adding an estimated $21.3M. The largest seller was SimpliFi Inc, cutting an estimated $17.7M.

  • 56 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q3 2018, down from 61 in Q2 2018.
  • Funds reported $304M of ProShares Investment Grade-Interest Rate Hedged stock for Q3 2018, down 6.5% quarter-over-quarter.
  • 3 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q3 2018 and 8 closed out, a net change of -5 holders.
  • The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q3 2018 was Jane Street, an estimated $21.3M added.
  • The largest ProShares Investment Grade-Interest Rate Hedged seller in Q3 2018 was SimpliFi Inc, an estimated $17.7M sold.

Based on aggregated 13F filings for Q3 2018.