ProShares Investment Grade-Interest Rate Hedged
IGHG
59 hedge funds and large institutions have $133M invested in ProShares Investment Grade-Interest Rate Hedged in 2024 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 23 reducing their positions, and 15 closing their positions.
4.44% more ownership
Funds ownership: 62% → 66.44% (+4.4%)
11% less funds holding
Funds holding: 66 → 59 (-7)
21% less capital invested
Capital invested by funds: $168M → $133M (-$34.5M)
26% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 23
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$21.4M |
| 2 |
AssetMark Inc
Concord,
California
|
+$8.04M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.22M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.16M |
| 5 |
Rockefeller Capital Management
New York
|
+$795K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$8.74M |
| 3 |
ECA
Elevation Capital Advisory
Bend,
Oregon
|
-$6.03M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.08M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.51M |
IGHG Hedge Fund Activity: Q3 2024 in Review
59 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in ProShares Investment Grade-Interest Rate Hedged (IGHG) for Q3 2024, worth a combined $133M — down 21% from $168M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of IGHG and 8 opened new positions — a net loss of 7 holders — while 23 trimmed existing stakes and 17 added.
The largest buyer was International Assets Investment Management, adding an estimated $21.4M. The largest seller was Morgan Stanley, cutting an estimated $10.6M.
- 59 institutional investors held ProShares Investment Grade-Interest Rate Hedged (IGHG) as of Q3 2024, down from 66 in Q2 2024.
- Funds reported $133M of ProShares Investment Grade-Interest Rate Hedged stock for Q3 2024, down 21% quarter-over-quarter.
- 8 funds opened new ProShares Investment Grade-Interest Rate Hedged positions in Q3 2024 and 15 closed out, a net change of -7 holders.
- The largest ProShares Investment Grade-Interest Rate Hedged buyer in Q3 2024 was International Assets Investment Management, an estimated $21.4M added.
- The largest ProShares Investment Grade-Interest Rate Hedged seller in Q3 2024 was Morgan Stanley, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2024.