ProShares Ultra Communication Services
2 hedge funds and large institutions have $238K invested in ProShares Ultra Communication Services in 2024 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, reducing their positions, and 3 closing their positions.
60% less funds holding
Funds holding: 5 → 2 (-3)
90% less capital invested
Capital invested by funds: $2.42M → $238K (-$2.18M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
191.45% less ownership
Funds ownership: 219.42% → 27.97% (-191%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
Rovin Capital
Mesa,
Arizona
|
+$12.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$1.64M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$290K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$282K |
LTL Hedge Fund Activity: Q2 2024 in Review
2 institutional investors reported a position in ProShares Ultra Communication Services (LTL) for Q2 2024, worth a combined $238K — down 90% from $2.42M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of LTL and 0 opened new positions — a net loss of 3 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Rovin Capital, adding an estimated $12.9K. The largest seller was IMC Chicago, exiting entirely with an estimated $1.64M sold.
- 2 institutional investors held ProShares Ultra Communication Services (LTL) as of Q2 2024, down from 5 in Q1 2024.
- Funds reported $238K of ProShares Ultra Communication Services stock for Q2 2024, down 90% quarter-over-quarter.
- 0 funds opened new ProShares Ultra Communication Services positions in Q2 2024 and 3 closed out, a net change of -3 holders.
- The largest ProShares Ultra Communication Services buyer in Q2 2024 was Rovin Capital, an estimated $12.9K added.
- The largest ProShares Ultra Communication Services seller in Q2 2024 was IMC Chicago, an estimated $1.64M sold.
Based on aggregated 13F filings for Q2 2024.