ProShares UltraShort Utilities
4 hedge funds and large institutions have $687K invested in ProShares UltraShort Utilities in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 3 closing their positions.
42% more capital invested
Capital invested by funds: $485K → $687K (+$203K)
0.33% more ownership
Funds ownership: 5.9% → 6.24% (+0.33%)
20% less funds holding
Funds holding: 5 → 4 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$324K |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$129K |
| 2 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$127K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$55.3K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$14K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$6.35K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Envestnet Asset Management
Chicago,
Illinois
| $319K | +$324K | +6,938 | New |
|
|
2
IMC Chicago
Chicago,
Illinois
| $201K | +$204K | +4,379 | New |
|
|
3
Citadel Advisors
Miami,
Florida
| $136K | -$55.3K | -1,184 | -29% |
|
|
4
UBS Group
Zurich,
Switzerland
| $32K | -$6.35K | -136 | -16% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$129K | -2,976 | Closed |
|
|
ECM
6
Evergreen Capital Management
Bellevue,
Washington
| – | -$127K | -2,922 | Closed |
|
|
7
Simplex Trading
Chicago,
Illinois
| – | -$14K | -345 | Closed |
|
SDP Hedge Fund Activity: Q1 2023 in Review
4 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Utilities (SDP) for Q1 2023, worth a combined $687K — up 42% from $485K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SDP and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 0 added.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $324K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $129K sold.
- 4 institutional investors held ProShares UltraShort Utilities (SDP) as of Q1 2023, down from 5 in Q4 2022.
- Funds reported $687K of ProShares UltraShort Utilities stock for Q1 2023, up 42% quarter-over-quarter.
- 2 funds opened new ProShares UltraShort Utilities positions in Q1 2023 and 3 closed out, a net change of -1 holder.
- The largest ProShares UltraShort Utilities buyer in Q1 2023 was Envestnet Asset Management, an estimated $324K added.
- The largest ProShares UltraShort Utilities seller in Q1 2023 was Susquehanna International Group, an estimated $129K sold.
Based on aggregated 13F filings for Q1 2023.