ProShares UltraShort Bloomberg Crude Oil
SCO
20 hedge funds and large institutions have $19.4M invested in ProShares UltraShort Bloomberg Crude Oil in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 7 closing their positions.
299% more call options, than puts
Call options by funds: $22.2M | Put options by funds: $5.56M
60% more capital invested
Capital invested by funds: $12.1M → $19.4M (+$7.24M)
1.48% more ownership
Funds ownership: 1.06% → 2.53% (+1.5%)
13% less funds holding
Funds holding: 23 → 20 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
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
|
+$9.99M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.36M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$767K |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$88.8K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$69K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Raffles Associates
New York
|
-$2.44M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
-$1.23M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.23M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$463K |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$444K |
SCO Hedge Fund Activity: Q4 2023 in Review
20 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Bloomberg Crude Oil (SCO) for Q4 2023, worth a combined $19.4M — up 60% from $12.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SCO and 4 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Jane Street, opening a new position worth an estimated $9.99M. The largest seller was Raffles Associates, exiting entirely with an estimated $2.44M sold.
- 20 institutional investors held ProShares UltraShort Bloomberg Crude Oil (SCO) as of Q4 2023, down from 23 in Q3 2023.
- Funds reported $19.4M of ProShares UltraShort Bloomberg Crude Oil stock for Q4 2023, up 60% quarter-over-quarter.
- 4 funds opened new ProShares UltraShort Bloomberg Crude Oil positions in Q4 2023 and 7 closed out, a net change of -3 holders.
- The largest ProShares UltraShort Bloomberg Crude Oil buyer in Q4 2023 was Jane Street, an estimated $9.99M added.
- The largest ProShares UltraShort Bloomberg Crude Oil seller in Q4 2023 was Raffles Associates, an estimated $2.44M sold.
Based on aggregated 13F filings for Q4 2023.