ProShares UltraShort S&P500
SDS
80 hedge funds and large institutions have $73.4M invested in ProShares UltraShort S&P500 in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 23 closing their positions.
26% more call options, than puts
Call options by funds: $22.7M | Put options by funds: $18M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.02% less ownership
Funds ownership: 0.07% → 0.05% (-0.02%)
7% less funds holding
Funds holding: 86 → 80 (-6)
26% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 23
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
38% less capital invested
Capital invested by funds: $118M → $73.4M (-$44.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Meditor Group
Hamilton,
Bermuda
|
+$17.6M |
| 2 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
+$4.38M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.19M |
| 4 |
SM
Southport Management
Wilson,
Wyoming
|
+$4.19M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$28.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15.4M |
| 3 |
VF
Virtu Financial
New York
|
-$9.23M |
| 4 |
TSS
Two Sigma Securities
New York
|
-$7.49M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$5.35M |
SDS Hedge Fund Activity: Q1 2017 in Review
80 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort S&P500 (SDS) for Q1 2017, worth a combined $73.4M — down 38% from $118M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SDS and 17 opened new positions — a net loss of 6 holders — while 22 trimmed existing stakes and 15 added.
The largest buyer was Meditor Group, opening a new position worth an estimated $17.6M. The largest seller was PVG Asset Management, cutting an estimated $28.9M.
- 80 institutional investors held ProShares UltraShort S&P500 (SDS) as of Q1 2017, down from 86 in Q4 2016.
- Funds reported $73.4M of ProShares UltraShort S&P500 stock for Q1 2017, down 38% quarter-over-quarter.
- 17 funds opened new ProShares UltraShort S&P500 positions in Q1 2017 and 23 closed out, a net change of -6 holders.
- The largest ProShares UltraShort S&P500 buyer in Q1 2017 was Meditor Group, an estimated $17.6M added.
- The largest ProShares UltraShort S&P500 seller in Q1 2017 was PVG Asset Management, an estimated $28.9M sold.
Based on aggregated 13F filings for Q1 2017.