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ProShares UltraShort Bloomberg Crude Oil

17 hedge funds and large institutions have $22.3M invested in ProShares UltraShort Bloomberg Crude Oil in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

416% more call options, than puts

Call options by funds: $17.2M | Put options by funds: $3.33M

0.06% more ownership

Funds ownership: 0.23%0.29% (+0.06%)

11% less funds holding

Funds holding: 1917 (-2)

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

25% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 4

34% less capital invested

Capital invested by funds: $33.6M → $22.3M (-$11.3M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
17
Holders Change
-2
Holders Change %
-10.53%
% of All Funds
0.49%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
6
Increased
3
Reduced
4
Closed
8
Calls
$17.2M
Puts
$3.33M
Net Calls
+$13.9M
Net Calls Change
+$10.2M
Name Holding Trade Value Shares
Change
Change in
Stake
HCMT
1
Highland Capital Management (Texas)
Texas
$12M +$2.19M +1,930 +24%
Susquehanna International Group
2
Susquehanna International Group
Pennsylvania
$2.22M +$2.06M +1,816 New
JT
3
Jump Trading
Illinois
$1.77M +$1.64M +1,445 New
SG Americas Securities
4
SG Americas Securities
New York
$1.47M -$3.54M -3,115 -72%
LPL Financial
5
LPL Financial
California
$1.21M -$176K -155 -14%
Citadel Advisors
6
Citadel Advisors
Florida
$734K +$680K +599 New
JP Morgan Chase
7
JP Morgan Chase
New York
$570K
Morgan Stanley
8
Morgan Stanley
New York
$395K +$57.9K +51 +19%
VKH
9
Virtu KCG Holdings
New York
$386K +$68.1K +60 +23%
Jane Street
10
Jane Street
New York
$338K +$313K +276 New
CHAM
11
Clear Harbor Asset Management
Connecticut
$321K
WS
12
Wedbush Securities
California
$306K
CC
13
CQS Cayman
Cayman Islands
$285K +$265K +233 New
U
14
UBS
Switzerland
$143K -$68.1K -60 -34%
Bank of America
15
Bank of America
North Carolina
$74K -$165K -145 -70%
WAM
16
Wolverine Asset Management
Illinois
$30K +$28.4K +25 New
MFS
17
MSI Financial Services
Massachusetts
$6K
VCAM
18
Valentine Capital Asset Management
California
-$15.7M -15,965 Closed
Mirae Asset Global Investments
19
Mirae Asset Global Investments
South Korea
-$1.72M -1,750 Closed
Nomura Holdings
20
Nomura Holdings
Japan
-$523K -531 Closed
VF
21
Virtu Financial
New York
-$326K -331 Closed
Barclays
22
Barclays
United Kingdom
-$275K -242 Closed
LTFS
23
Ladenburg Thalmann Financial Services
Florida
-$28K -26 Closed
FWC
24
First Washington Corp
Washington
-$25K -25 Closed
WA
25
WFG Advisors
Texas
-$12K -13 Closed

SCO Hedge Fund Activity: Q3 2014 in Review

17 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Bloomberg Crude Oil (SCO) for Q3 2014, worth a combined $22.3M — down 34% from $33.6M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of SCO and 6 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 3 added.

The largest buyer was Highland Capital Management (Texas), adding an estimated $2.19M. The largest seller was Valentine Capital Asset Management, exiting entirely with an estimated $15.7M sold.

  • 17 institutional investors held ProShares UltraShort Bloomberg Crude Oil (SCO) as of Q3 2014, down from 19 in Q2 2014.
  • Funds reported $22.3M of ProShares UltraShort Bloomberg Crude Oil stock for Q3 2014, down 34% quarter-over-quarter.
  • 6 funds opened new ProShares UltraShort Bloomberg Crude Oil positions in Q3 2014 and 8 closed out, a net change of -2 holders.
  • The largest ProShares UltraShort Bloomberg Crude Oil buyer in Q3 2014 was Highland Capital Management (Texas), an estimated $2.19M added.
  • The largest ProShares UltraShort Bloomberg Crude Oil seller in Q3 2014 was Valentine Capital Asset Management, an estimated $15.7M sold.

Based on aggregated 13F filings for Q3 2014.