ProShares UltraShort S&P500
SDS
88 hedge funds and large institutions have $75.5M invested in ProShares UltraShort S&P500 in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 18 closing their positions.
159% more call options, than puts
Call options by funds: $62.4M | Put options by funds: $24.1M
50% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 18
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
11% more funds holding
Funds holding: 79 → 88 (+9)
10% more capital invested
Capital invested by funds: $68.7M → $75.5M (+$6.76M)
0.07% more ownership
Funds ownership: 0.2% → 0.28% (+0.07%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$7.36M |
| 2 |
HW
Hamilton Wealth
Encino,
California
|
+$4.38M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$3.51M |
| 4 |
GIM
Guild Investment Management
Los Angeles,
California
|
+$3.34M |
| 5 |
BAM
Brave Asset Management
Summit,
New Jersey
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$13.7M |
| 2 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$2.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.94M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.28M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$985K |
SDS Hedge Fund Activity: Q3 2020 in Review
88 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort S&P500 (SDS) for Q3 2020, worth a combined $75.5M — up 9.8% from $68.7M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SDS positions and 18 closed out — a net gain of 9 holders — while 20 added to existing stakes and 15 trimmed.
The largest buyer was IMC Chicago, opening a new position worth an estimated $7.36M. The largest seller was Millennium Management, exiting entirely with an estimated $13.7M sold.
- 88 institutional investors held ProShares UltraShort S&P500 (SDS) as of Q3 2020, up from 79 in Q2 2020.
- Funds reported $75.5M of ProShares UltraShort S&P500 stock for Q3 2020, up 9.8% quarter-over-quarter.
- 27 funds opened new ProShares UltraShort S&P500 positions in Q3 2020 and 18 closed out, a net change of +9 holders.
- The largest ProShares UltraShort S&P500 buyer in Q3 2020 was IMC Chicago, an estimated $7.36M added.
- The largest ProShares UltraShort S&P500 seller in Q3 2020 was Millennium Management, an estimated $13.7M sold.
Based on aggregated 13F filings for Q3 2020.