ProShares UltraShort Bloomberg Crude Oil
SCO
25 hedge funds and large institutions have $41.9M invested in ProShares UltraShort Bloomberg Crude Oil in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 8 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
25% more funds holding
Funds holding: 20 → 25 (+5)
0.5% less ownership
Funds ownership: 0.72% → 0.22% (-0.5%)
18% less call options, than puts
Call options by funds: $25.2M | Put options by funds: $30.7M
37% less capital invested
Capital invested by funds: $66.7M → $41.9M (-$24.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$6.71M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.2M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$1.6M |
| 4 |
VF
Virtu Financial
New York
|
+$1.56M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$27.1M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$4.76M |
| 3 |
Goldman Sachs
New York
|
-$2.38M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$413K |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$401K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$4.76M | -3,265 | Closed |
|
|
27
Envestnet Asset Management
Chicago,
Illinois
| – | -$413K | -283 | Closed |
|
|
28
Boston Partners
Boston,
Massachusetts
| – | -$401K | -275 | Closed |
|
|
U
29
UBS
Zurich,
Switzerland
| – | -$143K | -121 | Closed |
|
|
PTC
30
Private Trust Company
Cleveland,
Ohio
| – | -$131K | -90 | Closed |
|
|
AIG
31
American International Group
New York
| – | -$55.1K | -38 | Closed |
|
32
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$18K | -13 | Closed |
|
|
FHC
33
First Heartland Consultants
Lake St. Louis,
Missouri
| – | -$5K | -4 | Closed |
|
SCO Hedge Fund Activity: Q3 2013 in Review
25 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Bloomberg Crude Oil (SCO) for Q3 2013, worth a combined $41.9M — down 37% from $66.7M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SCO positions and 8 closed out — a net gain of 6 holders — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Credit Suisse, adding an estimated $6.71M. The largest seller was LPL Financial, cutting an estimated $27.1M.
- 25 institutional investors held ProShares UltraShort Bloomberg Crude Oil (SCO) as of Q3 2013, up from 20 in Q2 2013.
- Funds reported $41.9M of ProShares UltraShort Bloomberg Crude Oil stock for Q3 2013, down 37% quarter-over-quarter.
- 14 funds opened new ProShares UltraShort Bloomberg Crude Oil positions in Q3 2013 and 8 closed out, a net change of +6 holders.
- The largest ProShares UltraShort Bloomberg Crude Oil buyer in Q3 2013 was Credit Suisse, an estimated $6.71M added.
- The largest ProShares UltraShort Bloomberg Crude Oil seller in Q3 2013 was LPL Financial, an estimated $27.1M sold.
Based on aggregated 13F filings for Q3 2013.