ProShares UltraShort Bloomberg Crude Oil
SCO
19 hedge funds and large institutions have $33.6M invested in ProShares UltraShort Bloomberg Crude Oil in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 6 closing their positions.
104% more capital invested
Capital invested by funds: $16.4M → $33.6M (+$17.2M)
81% more call options, than puts
Call options by funds: $8.18M | Put options by funds: $4.51M
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
0.09% more ownership
Funds ownership: 0.14% → 0.23% (+0.09%)
5% less funds holding
Funds holding: 20 → 19 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
+$10.9M |
| 2 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$7.39M |
| 3 |
SG Americas Securities
New York
|
+$4.63M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.88M |
| 5 |
VF
Virtu Financial
New York
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
-$2.25M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.3M |
| 3 |
Millennium Management
New York
|
-$519K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$380K |
| 5 |
Barclays
London,
United Kingdom
|
-$374K |
SCO Hedge Fund Activity: Q2 2014 in Review
19 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Bloomberg Crude Oil (SCO) for Q2 2014, worth a combined $33.6M — up 104% from $16.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SCO and 5 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 5 added.
The largest buyer was Valentine Capital Asset Management, adding an estimated $10.9M. The largest seller was Alpine Global Management, exiting entirely with an estimated $2.25M sold.
- 19 institutional investors held ProShares UltraShort Bloomberg Crude Oil (SCO) as of Q2 2014, down from 20 in Q1 2014.
- Funds reported $33.6M of ProShares UltraShort Bloomberg Crude Oil stock for Q2 2014, up 104% quarter-over-quarter.
- 5 funds opened new ProShares UltraShort Bloomberg Crude Oil positions in Q2 2014 and 6 closed out, a net change of -1 holder.
- The largest ProShares UltraShort Bloomberg Crude Oil buyer in Q2 2014 was Valentine Capital Asset Management, an estimated $10.9M added.
- The largest ProShares UltraShort Bloomberg Crude Oil seller in Q2 2014 was Alpine Global Management, an estimated $2.25M sold.
Based on aggregated 13F filings for Q2 2014.