ProShares UltraShort S&P500
SDS
62 hedge funds and large institutions have $49.3M invested in ProShares UltraShort S&P500 in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 20 closing their positions.
86% more call options, than puts
Call options by funds: $87.5M | Put options by funds: $47.2M
0% more ownership
Funds ownership: 0.23% → 0.23% (+0%)
14% less capital invested
Capital invested by funds: $57.4M → $49.3M (-$8.06M)
15% less funds holding
Funds holding: 73 → 62 (-11)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFIC
Bedell Frazier Investment Counselling
Walnut Creek,
California
|
+$6.86M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$2.32M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.64M |
| 4 |
CI
Cowen Inc
New York
|
+$1.07M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$966K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Meditor Group
Hamilton,
Bermuda
|
-$12.9M |
| 2 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$3.78M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.25M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$955K |
| 5 |
Jane Street
New York
|
-$758K |
SDS Hedge Fund Activity: Q1 2018 in Review
62 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort S&P500 (SDS) for Q1 2018, worth a combined $49.3M — down 14% from $57.4M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SDS and 10 opened new positions — a net loss of 10 holders — while 15 trimmed existing stakes and 10 added.
The largest buyer was Bedell Frazier Investment Counselling, opening a new position worth an estimated $6.86M. The largest seller was Meditor Group, exiting entirely with an estimated $12.9M sold.
- 62 institutional investors held ProShares UltraShort S&P500 (SDS) as of Q1 2018, down from 73 in Q4 2017.
- Funds reported $49.3M of ProShares UltraShort S&P500 stock for Q1 2018, down 14% quarter-over-quarter.
- 10 funds opened new ProShares UltraShort S&P500 positions in Q1 2018 and 20 closed out, a net change of -10 holders.
- The largest ProShares UltraShort S&P500 buyer in Q1 2018 was Bedell Frazier Investment Counselling, an estimated $6.86M added.
- The largest ProShares UltraShort S&P500 seller in Q1 2018 was Meditor Group, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2018.