ProShares UltraShort S&P500
SDS
87 hedge funds and large institutions have $186M invested in ProShares UltraShort S&P500 in 2015 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 15 increasing their positions, 21 reducing their positions, and 17 closing their positions.
369% more call options, than puts
Call options by funds: $34.2M | Put options by funds: $7.3M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
20% more capital invested
Capital invested by funds: $154M → $186M (+$31.2M)
9% more funds holding
Funds holding: 80 → 87 (+7)
0.01% more ownership
Funds ownership: 0.14% → 0.16% (+0.01%)
29% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PVG Asset Management
Golden,
Colorado
|
+$18M |
| 2 |
TB
Terril Brothers
St. Louis,
Missouri
|
+$11.4M |
| 3 |
SM
Southport Management
Wilson,
Wyoming
|
+$9.75M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$8.95M |
| 5 |
Goldman Sachs
New York
|
+$7.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$11.9M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.74M |
| 3 |
KCM
KSA Capital Management
Morristown,
New Jersey
|
-$3.37M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.86M |
| 5 |
EWM
Edge Wealth Management
New York
|
-$2.17M |
SDS Hedge Fund Activity: Q1 2015 in Review
87 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort S&P500 (SDS) for Q1 2015, worth a combined $186M — up 20% from $154M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SDS positions and 17 closed out — a net gain of 8 holders — while 15 added to existing stakes and 21 trimmed.
The largest buyer was PVG Asset Management, adding an estimated $18M. The largest seller was Clark Capital Management Group, exiting entirely with an estimated $11.9M sold.
- 87 institutional investors held ProShares UltraShort S&P500 (SDS) as of Q1 2015, up from 80 in Q4 2014.
- Funds reported $186M of ProShares UltraShort S&P500 stock for Q1 2015, up 20% quarter-over-quarter.
- 25 funds opened new ProShares UltraShort S&P500 positions in Q1 2015 and 17 closed out, a net change of +8 holders.
- The largest ProShares UltraShort S&P500 buyer in Q1 2015 was PVG Asset Management, an estimated $18M added.
- The largest ProShares UltraShort S&P500 seller in Q1 2015 was Clark Capital Management Group, an estimated $11.9M sold.
Based on aggregated 13F filings for Q1 2015.