ProShares Investment Grade-Interest Rate Hedged
IGHG
63 hedge funds and large institutions have $218M invested in ProShares Investment Grade-Interest Rate Hedged in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 24 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
35% more capital invested
Capital invested by funds: $161M → $218M (+$56.7M)
14.16% more ownership
Funds ownership: 44.68% → 58.84% (+14%)
5% more funds holding
Funds holding: 60 → 63 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
42% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$46.4M |
| 2 |
Jane Street
New York
|
+$25.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.2M |
| 4 |
FWM
Foresight Wealth Management
Draper,
Utah
|
+$1.47M |
| 5 |
BCM
Brasada Capital Management
Houston,
Texas
|
+$979K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.13M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$7.41M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.4M |
| 4 |
HCM
HMS Capital Management
Nashville,
Tennessee
|
-$2.34M |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$1.13M |
IGHG Hedge Fund Activity: Q1 2019 in Review
63 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q1 2019, worth a combined $218M — up 35% from $161M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new IGHG positions and 8 closed out — a net gain of 3 holders — while 14 added to existing stakes and 24 trimmed.
The largest buyer was AssetMark Inc, opening a new position worth an estimated $46.4M. The largest seller was Morgan Stanley, cutting an estimated $9.13M.
- 63 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q1 2019, up from 60 in Q4 2018.
- Funds reported $218M of ProShares Investment Grade-Interest Rate Hedged stock for Q1 2019, up 35% quarter-over-quarter.
- 11 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q1 2019 and 8 closed out, a net change of +3 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q1 2019 was AssetMark Inc, an estimated $46.4M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q1 2019 was Morgan Stanley, an estimated $9.13M sold.
Based on aggregated 13F filings for Q1 2019.