DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN
SBND
SBND was delisted on the 19th of September, 2016.
8 hedge funds and large institutions have $3.92M invested in DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
33% more funds holding
Funds holding: 6 → 8 (+2)
18% less capital invested
Capital invested by funds: $4.76M → $3.92M (-$840K)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$595K |
| 2 |
KFS
KMS Financial Services
Seattle,
Washington
|
+$210K |
| 3 |
CA
Callahan Advisors
Houston,
Texas
|
+$107K |
| 4 |
Citigroup
New York
|
+$279 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.53M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$441K |
| 3 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
-$84K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$31.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.45M | -$1.53M | -153,300 | -53% |
|
|
2
HighTower Advisors
Chicago,
Illinois
| $888K | -$441K | -44,361 | -34% |
|
|
3
Jane Street
New York
| $630K | +$595K | +59,802 | New |
|
|
4
Commonwealth Equity Services
Waltham,
Massachusetts
| $456K | -$31.6K | -3,175 | -7% |
|
|
KFS
5
KMS Financial Services
Seattle,
Washington
| $335K | +$210K | +21,054 | +196% |
|
|
CA
6
Callahan Advisors
Houston,
Texas
| $114K | +$107K | +10,800 | New |
|
|
MCM
7
Manchester Capital Management
Manchester,
Vermont
| $44K | – | – | – |
|
|
PFG
8
Piershale Financial Group
Barrington,
Illinois
| – | -$84K | -8,546 | Closed |
|
|
9
Citigroup
New York
| – | +$279 | +28 | New |
|
SBND Hedge Fund Activity: Q4 2013 in Review
8 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN (SBND) for Q4 2013, worth a combined $3.92M — down 18% from $4.76M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SBND positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $595K. The largest seller was Deutsche Bank, cutting an estimated $1.53M.
- 8 institutional investors held DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN (SBND) as of Q4 2013, up from 6 in Q3 2013.
- Funds reported $3.92M of DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN stock for Q4 2013, down 18% quarter-over-quarter.
- 3 funds opened new DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN positions in Q4 2013 and 1 closed out, a net change of +2 holders.
- The largest DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN buyer in Q4 2013 was Jane Street, an estimated $595K added.
- The largest DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN seller in Q4 2013 was Deutsche Bank, an estimated $1.53M sold.
Based on aggregated 13F filings for Q4 2013.