ProShares Short Real Estate
6 hedge funds and large institutions have $16M invested in ProShares Short Real Estate in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 4 reducing their positions, and 4 closing their positions.
13.58% less ownership
Funds ownership: 34.94% → 21.36% (-14%)
25% less funds holding
Funds holding: 8 → 6 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
67% less capital invested
Capital invested by funds: $49.2M → $16M (-$33.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$387K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$34M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$659K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$323K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$25K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$19.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BC
1
Brinker Capital
Berwyn,
Pennsylvania
| $14.5M | -$34M | -641,317 | -70% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $543K | -$323K | -6,083 | -37% |
|
|
VKH
3
Virtu KCG Holdings
New York
| $510K | +$505K | +9,524 | New |
|
|
4
Goldman Sachs
New York
| $390K | +$387K | +7,295 | New |
|
|
U
5
UBS
Zurich,
Switzerland
| $14K | -$19.1K | -360 | -58% |
|
|
6
Wells Fargo
San Francisco,
California
| $1K | -$659K | -12,415 | -100% |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$25K | -486 | Closed |
|
|
AIG
8
American International Group
New York
| – | -$14.7K | -283 | Closed |
|
9
Creative Planning
Overland Park,
Kansas
| – | -$5K | -100 | Closed |
|
10
Envestnet Asset Management
Chicago,
Illinois
| – | -$3K | -66 | Closed |
|
REK Hedge Fund Activity: Q3 2013 in Review
6 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in ProShares Short Real Estate (REK) for Q3 2013, worth a combined $16M — down 67% from $49.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of REK and 2 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 0 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $387K. The largest seller was Brinker Capital, cutting an estimated $34M.
- 6 institutional investors held ProShares Short Real Estate (REK) as of Q3 2013, down from 8 in Q2 2013.
- Funds reported $16M of ProShares Short Real Estate stock for Q3 2013, down 67% quarter-over-quarter.
- 2 funds opened new ProShares Short Real Estate positions in Q3 2013 and 4 closed out, a net change of -2 holders.
- The largest ProShares Short Real Estate buyer in Q3 2013 was Goldman Sachs, an estimated $387K added.
- The largest ProShares Short Real Estate seller in Q3 2013 was Brinker Capital, an estimated $34M sold.
Based on aggregated 13F filings for Q3 2013.