ProShares Investment Grade-Interest Rate Hedged
IGHG
56 hedge funds and large institutions have $163M invested in ProShares Investment Grade-Interest Rate Hedged in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 8 closing their positions.
5.71% less ownership
Funds ownership: 58.84% → 53.14% (-5.7%)
11% less funds holding
Funds holding: 63 → 56 (-7)
25% less capital invested
Capital invested by funds: $218M → $163M (-$55.2M)
27% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 22
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.51M |
| 2 |
FWM
Foresight Wealth Management
Draper,
Utah
|
+$1.05M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$978K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$810K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
+$730K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$35.8M |
| 2 |
Jane Street
New York
|
-$8.98M |
| 3 |
Morgan Stanley
New York
|
-$4.25M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.16M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.43M |
IGHG Hedge Fund Activity: Q2 2019 in Review
56 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q2 2019, worth a combined $163M — down 25% from $218M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of IGHG and 4 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 16 added.
The largest buyer was Wells Fargo, adding an estimated $5.51M. The largest seller was AssetMark Inc, cutting an estimated $35.8M.
- 56 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q2 2019, down from 63 in Q1 2019.
- Funds reported $163M of ProShares Investment Grade-Interest Rate Hedged stock for Q2 2019, down 25% quarter-over-quarter.
- 4 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q2 2019 and 8 closed out, a net change of -4 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q2 2019 was Wells Fargo, an estimated $5.51M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q2 2019 was AssetMark Inc, an estimated $35.8M sold.
Based on aggregated 13F filings for Q2 2019.