ProShares UltraShort S&P500
SDS
62 hedge funds and large institutions have $83.7M invested in ProShares UltraShort S&P500 in 2018 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 16 closing their positions.
77% more capital invested
Capital invested by funds: $47.4M → $83.7M (+$36.3M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more call options, than puts
Call options by funds: $146M | Put options by funds: $97.5M
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
11% more funds holding
Funds holding: 56 → 62 (+6)
0.13% more ownership
Funds ownership: 0.23% → 0.36% (+0.13%)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
+$35.2M |
| 2 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$3.03M |
| 3 |
DS
DRW Securities
Chicago,
Illinois
|
+$2.87M |
| 4 |
PAA
Peregrine Asset Advisers
Portland,
Oregon
|
+$1.9M |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$9.05M |
| 2 |
SR
Sloane Robinson
London,
United Kingdom
|
-$4.23M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$4.15M |
| 4 |
VF
Virtu Financial
New York
|
-$3.42M |
| 5 |
RHBC
R.H. Bluestein & Co
Birmingham,
Michigan
|
-$2.93M |
SDS Hedge Fund Activity: Q4 2018 in Review
62 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort S&P500 (SDS) for Q4 2018, worth a combined $83.7M — up 77% from $47.4M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SDS positions and 16 closed out — a net gain of 6 holders — while 11 added to existing stakes and 16 trimmed.
The largest buyer was Forward Management, opening a new position worth an estimated $35.2M. The largest seller was PVG Asset Management, cutting an estimated $9.05M.
- 62 institutional investors held ProShares UltraShort S&P500 (SDS) as of Q4 2018, up from 56 in Q3 2018.
- Funds reported $83.7M of ProShares UltraShort S&P500 stock for Q4 2018, up 77% quarter-over-quarter.
- 22 funds opened new ProShares UltraShort S&P500 positions in Q4 2018 and 16 closed out, a net change of +6 holders.
- The largest ProShares UltraShort S&P500 buyer in Q4 2018 was Forward Management, an estimated $35.2M added.
- The largest ProShares UltraShort S&P500 seller in Q4 2018 was PVG Asset Management, an estimated $9.05M sold.
Based on aggregated 13F filings for Q4 2018.