ProShares Ultra Communication Services
5 hedge funds and large institutions have $2.42M invested in ProShares Ultra Communication Services in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 0 increasing their positions, reducing their positions, and 3 closing their positions.
717% more capital invested
Capital invested by funds: $296K → $2.42M (+$2.13M)
102.54% more ownership
Funds ownership: 116.88% → 219.42% (+103%)
67% more funds holding
Funds holding: 3 → 5 (+2)
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$1.5M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$265K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$257K |
| 4 |
RC
Rovin Capital
Mesa,
Arizona
|
+$188K |
| 5 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
+$2.02K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$286K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$10.5K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$51 |
LTL Hedge Fund Activity: Q1 2024 in Review
5 of the 6,694 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Communication Services (LTL) for Q1 2024, worth a combined $2.42M — up 717% from $296K a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new LTL positions and 3 closed out — a net gain of 2 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was IMC Chicago, opening a new position worth an estimated $1.5M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $286K sold.
- 5 institutional investors held ProShares Ultra Communication Services (LTL) as of Q1 2024, up from 3 in Q4 2023.
- Funds reported $2.42M of ProShares Ultra Communication Services stock for Q1 2024, up 717% quarter-over-quarter.
- 5 funds opened new ProShares Ultra Communication Services positions in Q1 2024 and 3 closed out, a net change of +2 holders.
- The largest ProShares Ultra Communication Services buyer in Q1 2024 was IMC Chicago, an estimated $1.5M added.
- The largest ProShares Ultra Communication Services seller in Q1 2024 was Envestnet Asset Management, an estimated $286K sold.
Based on aggregated 13F filings for Q1 2024.