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ProShares UltraShort Bloomberg Crude Oil

20 hedge funds and large institutions have $11.8M invested in ProShares UltraShort Bloomberg Crude Oil in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

173% more call options, than puts

Call options by funds: $16.8M | Put options by funds: $6.16M

9% less funds holding

Funds holding: 2220 (-2)

15.2% less ownership

Funds ownership: 17.75%2.56% (-15%)

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

33% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 6

87% less capital invested

Capital invested by funds: $87.8M → $11.8M (-$75.9M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
20
Holders Change
-2
Holders Change %
-9.09%
% of All Funds
0.31%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
6
Increased
4
Reduced
6
Closed
8
Calls
$16.8M
Puts
$6.16M
Net Calls
+$10.6M
Net Calls Change
+$13.2M
Name Holding Trade Value Shares
Change
Change in
Stake
FNC
1
First National Corp
Massachusetts
$4.78M +$300K +2,934 +7%
Jane Street
2
Jane Street
New York
$2.32M -$132K -1,291 -5%
Mirae Asset Global Investments
3
Mirae Asset Global Investments
South Korea
$741K +$51.1K +500 +7%
VCM
4
Virtue Capital Management
Tennessee
$668K -$486K -4,755 -42%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$603K +$599K +5,867 New
Citadel Advisors
6
Citadel Advisors
Florida
$507K +$504K +4,936 New
FTUS
7
Flow Traders U.S.
New York
$489K +$486K +4,760 New
FIM
8
Freedom Investment Management
Connecticut
$405K +$123K +1,204 +44%
IMC Chicago
9
IMC Chicago
Illinois
$287K +$285K +2,792 New
AFG
10
Atomi Financial Group
New York
$279K -$19.4K -190 -7%
JP Morgan Chase
11
JP Morgan Chase
New York
$260K +$125K +1,221 +93%
SJIM
12
St. Johns Investment Management
Florida
$257K
UBS Group
13
UBS Group
Switzerland
$102K -$129K -1,262 -56%
Morgan Stanley
14
Morgan Stanley
New York
$91.9K -$115K -1,122 -56%
TRCT
15
Tower Research Capital (TRC)
New York
$11.2K -$876K -8,576 -99%
Bank of America
16
Bank of America
North Carolina
$8.48K +$8.48K +83 New
Citigroup
17
Citigroup
New York
$7.12K
SC
18
Solstein Capital
California
$4.55K
Osaic Holdings
19
Osaic Holdings
Arizona
$1.28K
FGAM
20
Financial Gravity Asset Management
Texas
$145 +$715 +7 New
LC
21
L1 Capital
Australia
-$67.3M -636,037 Closed
BCM
22
Brookstone Capital Management
Illinois
-$5.17M -57,952 Closed
PGCM
23
Prescott Group Capital Management
Oklahoma
-$4.04M -40,000 Closed
Simplex Trading
24
Simplex Trading
Illinois
-$253K -2,516 Closed
HT
25
Headlands Technologies
Illinois
-$22.9K -227 Closed

SCO Hedge Fund Activity: Q2 2023 in Review

20 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Bloomberg Crude Oil (SCO) for Q2 2023, worth a combined $11.8M — down 87% from $87.8M a quarter earlier.

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

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $599K. The largest seller was L1 Capital, exiting entirely with an estimated $67.3M sold.

  • 20 institutional investors held ProShares UltraShort Bloomberg Crude Oil (SCO) as of Q2 2023, down from 22 in Q1 2023.
  • Funds reported $11.8M of ProShares UltraShort Bloomberg Crude Oil stock for Q2 2023, down 87% quarter-over-quarter.
  • 6 funds opened new ProShares UltraShort Bloomberg Crude Oil positions in Q2 2023 and 8 closed out, a net change of -2 holders.
  • The largest ProShares UltraShort Bloomberg Crude Oil buyer in Q2 2023 was Susquehanna International Group, an estimated $599K added.
  • The largest ProShares UltraShort Bloomberg Crude Oil seller in Q2 2023 was L1 Capital, an estimated $67.3M sold.

Based on aggregated 13F filings for Q2 2023.