ProShares UltraShort S&P500
SDS
79 hedge funds and large institutions have $68.7M invested in ProShares UltraShort S&P500 in 2020 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 38 closing their positions.
254% more call options, than puts
Call options by funds: $85.6M | Put options by funds: $24.2M
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
0.26% less ownership
Funds ownership: 0.46% → 0.2% (-0.26%)
11% less funds holding
Funds holding: 89 → 79 (-10)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
24% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 38
55% less capital invested
Capital invested by funds: $154M → $68.7M (-$85.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$16M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$4.18M |
| 3 |
GIM
Guild Investment Management
Los Angeles,
California
|
+$3.07M |
| 4 |
JWS
Juncture Wealth Strategies
Scottsdale,
Arizona
|
+$2.93M |
| 5 |
BFIC
Bedell Frazier Investment Counselling
Walnut Creek,
California
|
+$2.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWM
Elite Wealth Management
Kirkland,
Washington
|
-$17.2M |
| 2 |
IAM
ICM Asset Management
Spokane,
Washington
|
-$13.8M |
| 3 |
F
F3Logic
Burnsville,
Minnesota
|
-$8.56M |
| 4 |
RC
Randolph Company
Cincinnati,
Ohio
|
-$8.54M |
| 5 |
IAN
Integrated Advisors Network
Dallas,
Texas
|
-$4.91M |
SDS Hedge Fund Activity: Q2 2020 in Review
79 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort S&P500 (SDS) for Q2 2020, worth a combined $68.7M — down 55% from $154M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of SDS and 29 opened new positions — a net loss of 9 holders — while 15 trimmed existing stakes and 23 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $16M. The largest seller was Elite Wealth Management, exiting entirely with an estimated $17.2M sold.
- 79 institutional investors held ProShares UltraShort S&P500 (SDS) as of Q2 2020, down from 89 in Q1 2020.
- Funds reported $68.7M of ProShares UltraShort S&P500 stock for Q2 2020, down 55% quarter-over-quarter.
- 29 funds opened new ProShares UltraShort S&P500 positions in Q2 2020 and 38 closed out, a net change of -9 holders.
- The largest ProShares UltraShort S&P500 buyer in Q2 2020 was Millennium Management, an estimated $16M added.
- The largest ProShares UltraShort S&P500 seller in Q2 2020 was Elite Wealth Management, an estimated $17.2M sold.
Based on aggregated 13F filings for Q2 2020.