ProShares UltraShort S&P500
SDS
62 hedge funds and large institutions have $59.7M invested in ProShares UltraShort S&P500 in 2019 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 16 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more call options, than puts
Call options by funds: $55.1M | Put options by funds: $45.1M
0% more funds holding
Funds holding: 62 → 62 (0)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
0.12% less ownership
Funds ownership: 0.36% → 0.24% (-0.12%)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
29% less capital invested
Capital invested by funds: $83.7M → $59.7M (-$24M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$12.3M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.1M |
| 3 |
MG
Meditor Group
Hamilton,
Bermuda
|
+$4.18M |
| 4 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
+$2.68M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
-$39.5M |
| 2 |
DS
DRW Securities
Chicago,
Illinois
|
-$2.38M |
| 3 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$1.33M |
| 4 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$875K |
| 5 |
CA
Calton & Associates
Tampa,
Florida
|
-$809K |
SDS Hedge Fund Activity: Q1 2019 in Review
62 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort S&P500 (SDS) for Q1 2019, worth a combined $59.7M — down 29% from $83.7M a quarter earlier.
Fund positioning in SDS was balanced in Q1 2019: 16 funds opened new positions, 16 closed out, 12 added to existing stakes and 13 trimmed.
The largest buyer was Sowell Financial Services, opening a new position worth an estimated $12.3M. The largest seller was Forward Management, exiting entirely with an estimated $39.5M sold.
- 62 institutional investors held ProShares UltraShort S&P500 (SDS) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $59.7M of ProShares UltraShort S&P500 stock for Q1 2019, down 29% quarter-over-quarter.
- 16 funds opened new ProShares UltraShort S&P500 positions in Q1 2019 and 16 closed out, a net change of 0 holders.
- The largest ProShares UltraShort S&P500 buyer in Q1 2019 was Sowell Financial Services, an estimated $12.3M added.
- The largest ProShares UltraShort S&P500 seller in Q1 2019 was Forward Management, an estimated $39.5M sold.
Based on aggregated 13F filings for Q1 2019.