ProShares Investment Grade-Interest Rate Hedged
IGHG
58 hedge funds and large institutions have $195M invested in ProShares Investment Grade-Interest Rate Hedged in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
12% more funds holding
Funds holding: 52 → 58 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.54% less ownership
Funds ownership: 70.04% → 68.5% (-1.5%)
10% less capital invested
Capital invested by funds: $218M → $195M (-$22.9M)
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$4.03M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.86M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$865K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$656K |
| 5 |
CAL
Capital Analysts LLC
Fort Washington,
Pennsylvania
|
+$416K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$16.7M |
| 2 |
CA
Capital Advantage
Walnut Creek,
California
|
-$4.83M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.72M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.38M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.17M |
IGHG Hedge Fund Activity: Q3 2023 in Review
58 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q3 2023, worth a combined $195M — down 10% from $218M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new IGHG positions and 3 closed out — a net gain of 7 holders — while 16 added to existing stakes and 21 trimmed.
The largest buyer was GeoWealth Management, opening a new position worth an estimated $4.03M. The largest seller was Jane Street, cutting an estimated $16.7M.
- 58 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q3 2023, up from 52 in Q2 2023.
- Funds reported $195M of ProShares Investment Grade-Interest Rate Hedged stock for Q3 2023, down 10% quarter-over-quarter.
- 10 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q3 2023 and 3 closed out, a net change of +7 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q3 2023 was GeoWealth Management, an estimated $4.03M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q3 2023 was Jane Street, an estimated $16.7M sold.
Based on aggregated 13F filings for Q3 2023.