ProShares UltraShort Bloomberg Crude Oil
SCO
22 hedge funds and large institutions have $12.5M invested in ProShares UltraShort Bloomberg Crude Oil in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 9 closing their positions.
91% more call options, than puts
Call options by funds: $27.6M | Put options by funds: $14.4M
0.17% less ownership
Funds ownership: 0.3% → 0.13% (-0.17%)
19% less funds holding
Funds holding: 27 → 22 (-5)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
49% less capital invested
Capital invested by funds: $24.5M → $12.5M (-$12.1M)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$1.46M |
| 2 |
BCA
Berman Capital Advisors
Atlanta,
Georgia
|
+$581K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$451K |
| 4 |
VF
Virtu Financial
New York
|
+$436K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$329K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$3.04M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$1.89M |
| 3 |
Jane Street
New York
|
-$1.52M |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
-$873K |
| 5 |
JG
Jefferies Group
New York
|
-$727K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SBIA
26
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
| – | -$325K | -250 | Closed |
|
|
BCM
27
Bayesian Capital Management
Brooklyn,
New York
| – | -$213K | -164 | Closed |
|
|
GRP
28
Global Retirement Partners
San Rafael,
California
| – | -$57K | -44 | Closed |
|
|
ASN
29
Advisory Services Network
Atlanta,
Georgia
| – | -$29K | -21 | Closed |
|
30
Walleye Trading
New York
| – | -$12K | -9 | Closed |
|
|
EWA
31
Evolution Wealth Advisors
Aventura,
Florida
| – | -$2K | -2 | Closed |
|
SCO Hedge Fund Activity: Q4 2019 in Review
22 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Bloomberg Crude Oil (SCO) for Q4 2019, worth a combined $12.5M — down 49% from $24.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SCO and 4 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was IMC Chicago, adding an estimated $1.46M. The largest seller was Sowell Financial Services, exiting entirely with an estimated $3.04M sold.
- 22 institutional investors held ProShares UltraShort Bloomberg Crude Oil (SCO) as of Q4 2019, down from 27 in Q3 2019.
- Funds reported $12.5M of ProShares UltraShort Bloomberg Crude Oil stock for Q4 2019, down 49% quarter-over-quarter.
- 4 funds opened new ProShares UltraShort Bloomberg Crude Oil positions in Q4 2019 and 9 closed out, a net change of -5 holders.
- The largest ProShares UltraShort Bloomberg Crude Oil buyer in Q4 2019 was IMC Chicago, an estimated $1.46M added.
- The largest ProShares UltraShort Bloomberg Crude Oil seller in Q4 2019 was Sowell Financial Services, an estimated $3.04M sold.
Based on aggregated 13F filings for Q4 2019.