ProShares UltraShort S&P500
SDS
73 hedge funds and large institutions have $57.4M invested in ProShares UltraShort S&P500 in 2017 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 21 closing their positions.
39% more call options, than puts
Call options by funds: $58.2M | Put options by funds: $42M
0.03% less ownership
Funds ownership: 0.26% → 0.23% (-0.03%)
4% less funds holding
Funds holding: 76 → 73 (-3)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
36% less capital invested
Capital invested by funds: $89.8M → $57.4M (-$32.5M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.33M |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
+$1.29M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1M |
| 4 |
Jane Street
New York
|
+$916K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$792K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$9.65M |
| 2 |
Goldman Sachs
New York
|
-$4.38M |
| 3 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
-$3.43M |
| 4 |
SM
Southport Management
Wilson,
Wyoming
|
-$3.27M |
| 5 |
BG
Bollard Group
Boston,
Massachusetts
|
-$1.24M |
SDS Hedge Fund Activity: Q4 2017 in Review
73 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort S&P500 (SDS) for Q4 2017, worth a combined $57.4M — down 36% from $89.8M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SDS and 18 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 16 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $3.33M. The largest seller was PVG Asset Management, cutting an estimated $9.65M.
- 73 institutional investors held ProShares UltraShort S&P500 (SDS) as of Q4 2017, down from 76 in Q3 2017.
- Funds reported $57.4M of ProShares UltraShort S&P500 stock for Q4 2017, down 36% quarter-over-quarter.
- 18 funds opened new ProShares UltraShort S&P500 positions in Q4 2017 and 21 closed out, a net change of -3 holders.
- The largest ProShares UltraShort S&P500 buyer in Q4 2017 was Susquehanna International Group, an estimated $3.33M added.
- The largest ProShares UltraShort S&P500 seller in Q4 2017 was PVG Asset Management, an estimated $9.65M sold.
Based on aggregated 13F filings for Q4 2017.