ProShares Ultra Health Care
17 hedge funds and large institutions have $10.2M invested in ProShares Ultra Health Care in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
11% less funds holding
Funds holding: 19 → 17 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
43% less capital invested
Capital invested by funds: $17.9M → $10.2M (-$7.71M)
71.82% less ownership
Funds ownership: 139.32% → 67.51% (-72%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$1.37M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.36M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$291K |
| 4 |
PI
Placemark Investments
Chicago,
Illinois
|
+$209K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$159K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.95M |
| 2 |
Jane Street
New York
|
-$3.04M |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$2.68M |
| 4 |
CWM
Concert Wealth Management
San Jose,
California
|
-$212K |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$98K |
RXL Hedge Fund Activity: Q3 2014 in Review
17 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Health Care (RXL) for Q3 2014, worth a combined $10.2M — down 43% from $17.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RXL and 5 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Wilbanks Smith & Thomas Asset Management, opening a new position worth an estimated $1.37M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $5.95M sold.
- 17 institutional investors held ProShares Ultra Health Care (RXL) as of Q3 2014, down from 19 in Q2 2014.
- Funds reported $10.2M of ProShares Ultra Health Care stock for Q3 2014, down 43% quarter-over-quarter.
- 5 funds opened new ProShares Ultra Health Care positions in Q3 2014 and 7 closed out, a net change of -2 holders.
- The largest ProShares Ultra Health Care buyer in Q3 2014 was Wilbanks Smith & Thomas Asset Management, an estimated $1.37M added.
- The largest ProShares Ultra Health Care seller in Q3 2014 was Susquehanna International Group, an estimated $5.95M sold.
Based on aggregated 13F filings for Q3 2014.