DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN
SBND
SBND was delisted on the 19th of September, 2016.
7 hedge funds and large institutions have $1.9M invested in DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 3 closing their positions.
13% less funds holding
Funds holding: 8 → 7 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
51% less capital invested
Capital invested by funds: $3.92M → $1.9M (-$2.02M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$350K |
| 2 |
KFS
KMS Financial Services
Seattle,
Washington
|
+$34.7K |
| 3 |
Citigroup
New York
|
+$2.55K |
| 4 |
OIA
Optimum Investment Advisors
Chicago,
Illinois
|
+$1.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$888K |
| 2 |
Jane Street
New York
|
-$630K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$456K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.15M | – | – | – |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $324K | +$350K | +38,746 | New |
|
|
KFS
3
KMS Financial Services
Seattle,
Washington
| $298K | +$34.7K | +3,848 | +12% |
|
|
CA
4
Callahan Advisors
Houston,
Texas
| $90K | – | – | – |
|
|
MCM
5
Manchester Capital Management
Manchester,
Vermont
| $35K | – | – | – |
|
|
6
Citigroup
New York
| $3K | +$2.55K | +282 | +1,007% |
|
|
OIA
7
Optimum Investment Advisors
Chicago,
Illinois
| $2K | +$1.8K | +200 | New |
|
|
8
HighTower Advisors
Chicago,
Illinois
| – | -$888K | -84,285 | Closed |
|
|
9
Jane Street
New York
| – | -$630K | -59,802 | Closed |
|
|
10
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$456K | -43,237 | Closed |
|
SBND Hedge Fund Activity: Q1 2014 in Review
7 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN (SBND) for Q1 2014, worth a combined $1.9M — down 51% from $3.92M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SBND and 2 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 2 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $350K. The largest seller was HighTower Advisors, exiting entirely with an estimated $888K sold.
- 7 institutional investors held DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN (SBND) as of Q1 2014, down from 8 in Q4 2013.
- Funds reported $1.9M of DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN stock for Q1 2014, down 51% quarter-over-quarter.
- 2 funds opened new DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN positions in Q1 2014 and 3 closed out, a net change of -1 holder.
- The largest DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN buyer in Q1 2014 was Susquehanna International Group, an estimated $350K added.
- The largest DEUTSCHE BK AG LONDON DB 3X SHORT US TREAS BD ETN seller in Q1 2014 was HighTower Advisors, an estimated $888K sold.
Based on aggregated 13F filings for Q1 2014.