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ProShares Investment Grade-Interest Rate Hedged

62 hedge funds and large institutions have $246M invested in ProShares Investment Grade-Interest Rate Hedged in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 29 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

368% more call options, than puts

Call options by funds: $2.65M | Put options by funds: $567K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

0% more funds holding

Funds holding: 6262 (0)

2% less capital invested

Capital invested by funds: $251M → $246M (-$4.7M)

4.76% less ownership

Funds ownership: 71.43%66.67% (-4.8%)

59% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 29

Holders
62
Holders Change
Holders Change %
0%
% of All Funds
0.99%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
8
Increased
12
Reduced
29
Closed
7
Calls
$2.65M
Puts
$567K
Net Calls
+$2.08M
Net Calls Change
-$241K
Name Holding Trade Value Shares
Change
Change in
Stake
CA
1
Capital Advantage
California
$71.7M -$262K -3,640 -0.4%
Morgan Stanley
2
Morgan Stanley
New York
$55.9M -$7.89M -109,810 -12%
Wells Fargo
3
Wells Fargo
California
$26M -$2.07M -28,865 -7%
Jane Street
4
Jane Street
New York
$20.2M +$16.3M +226,474 +413%
Bank of America
5
Bank of America
North Carolina
$11.3M -$905K -12,585 -7%
AssetMark Inc
6
AssetMark Inc
California
$11M +$7.62M +106,047 +225%
LPL Financial
7
LPL Financial
California
$4.71M -$275K -3,819 -6%
Osaic Holdings
8
Osaic Holdings
Arizona
$4.4M -$360K -5,005 -8%
UBS Group
9
UBS Group
Switzerland
$4.36M -$1.35M -18,718 -24%
Citadel Advisors
10
Citadel Advisors
Florida
$4.08M +$4.09M +56,841 New
FWM
11
Fortress Wealth Management
California
$3.76M +$1.29M +17,958 +52%
SI
12
Stephens Inc
Arkansas
$3.38M +$104K +1,450 +3%
Ameriprise
13
Ameriprise
Minnesota
$2.66M +$435K +6,047 +20%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$1.91M +$366K +5,093 +24%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.77M -$315K -4,377 -15%
ORC
16
O'Rourke & Company
Massachusetts
$1.65M -$107K -1,493 -6%
CAL
17
Capital Advisors Ltd
Ohio
$1.62M +$50K +695 +3%
RA
18
RFG Advisory
Alabama
$1.29M +$6.18K +86 +0.5%
IBOK
19
Independence Bank of Kentucky
Kentucky
$1.24M -$133K -1,850 -10%
Fifth Third Bancorp
20
Fifth Third Bancorp
Ohio
$1.15M
TW
21
TrinityPoint Wealth
Connecticut
$1.15M -$4.89K -68 -0.4%
Stifel Financial
22
Stifel Financial
Missouri
$1.1M
BRWA
23
B. Riley Wealth Advisors
Florida
$940K -$176K -2,447 -16%
MA
24
Mutual Advisors
Nebraska
$787K -$14.3K -199 -2%
CAL
25
Capital Analysts LLC
Pennsylvania
$740K +$18K +251 +2%

IGHG Hedge Fund Activity: Q1 2023 in Review

62 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q1 2023, worth a combined $246M — down 1.9% from $251M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new IGHG positions and 7 closed out — a net gain of 1 holder — while 12 added to existing stakes and 29 trimmed.

The largest buyer was Jane Street, adding an estimated $16.3M. The largest seller was CX Institutional, exiting entirely with an estimated $18.1M sold.

  • 62 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q1 2023, unchanged from Q4 2022.
  • Funds reported $246M of ProShares Investment Grade-Interest Rate Hedged stock for Q1 2023, down 1.9% quarter-over-quarter.
  • 8 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q1 2023 and 7 closed out, a net change of +1 holder.
  • The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q1 2023 was Jane Street, an estimated $16.3M added.
  • The largest ProShares Investment Grade-Interest Rate Hedged seller in Q1 2023 was CX Institutional, an estimated $18.1M sold.

Based on aggregated 13F filings for Q1 2023.