ProShares UltraShort Bloomberg Crude Oil
SCO
23 hedge funds and large institutions have $43.9M invested in ProShares UltraShort Bloomberg Crude Oil in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 7 closing their positions.
156% more call options, than puts
Call options by funds: $168M | Put options by funds: $65.6M
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
48% more capital invested
Capital invested by funds: $29.7M → $43.9M (+$14.2M)
0.37% more ownership
Funds ownership: 0.44% → 0.81% (+0.37%)
4% less funds holding
Funds holding: 24 → 23 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$23.5M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.7M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$1.26M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$665K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$653K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DLG
Daniel L. Goodwin
|
-$8.48M |
| 2 |
VF
Virtu Financial
New York
|
-$1.42M |
| 3 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$1.22M |
| 4 |
Barclays
London,
United Kingdom
|
-$710K |
| 5 |
Goldman Sachs
New York
|
-$259K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Barclays
London,
United Kingdom
| – | -$710K | -189 | Closed |
|
|
UMA
27
USA Mutuals Advisors
Dallas,
Texas
| – | -$245K | -75 | Closed |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| – | -$10K | -3 | Closed |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$4K | -1 | Closed |
|
|
PVH
30
Psagot Value Holdings
Tel Aviv,
Israel
| – | -$2K | -1 | Closed |
|
SCO Hedge Fund Activity: Q3 2016 in Review
23 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Bloomberg Crude Oil (SCO) for Q3 2016, worth a combined $43.9M — up 48% from $29.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SCO and 6 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 8 added.
The largest buyer was Jane Street, adding an estimated $23.5M. The largest seller was Daniel L. Goodwin, cutting an estimated $8.48M.
- 23 institutional investors held ProShares UltraShort Bloomberg Crude Oil (SCO) as of Q3 2016, down from 24 in Q2 2016.
- Funds reported $43.9M of ProShares UltraShort Bloomberg Crude Oil stock for Q3 2016, up 48% quarter-over-quarter.
- 6 funds opened new ProShares UltraShort Bloomberg Crude Oil positions in Q3 2016 and 7 closed out, a net change of -1 holder.
- The largest ProShares UltraShort Bloomberg Crude Oil buyer in Q3 2016 was Jane Street, an estimated $23.5M added.
- The largest ProShares UltraShort Bloomberg Crude Oil seller in Q3 2016 was Daniel L. Goodwin, an estimated $8.48M sold.
Based on aggregated 13F filings for Q3 2016.