ProShares UltraShort S&P500
SDS
85 hedge funds and large institutions have $179M invested in ProShares UltraShort S&P500 in 2022 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 27 closing their positions.
71% more call options, than puts
Call options by funds: $51.4M | Put options by funds: $30.1M
0.02% less ownership
Funds ownership: 3.61% → 3.59% (-0.02%)
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
3% less funds holding
Funds holding: 88 → 85 (-3)
16% less capital invested
Capital invested by funds: $212M → $179M (-$33M)
28% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 25
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Manchester Financial
Westlake Village,
California
|
+$21.2M |
| 2 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
+$18.1M |
| 3 |
HF
HRT Financial
New York
|
+$13.7M |
| 4 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
+$8.07M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$7.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
-$37.6M |
| 2 |
IAN
Integrated Advisors Network
Dallas,
Texas
|
-$13.1M |
| 3 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$9.63M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$7.43M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.15M |
SDS Hedge Fund Activity: Q4 2022 in Review
85 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort S&P500 (SDS) for Q4 2022, worth a combined $179M — down 16% from $212M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of SDS and 26 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 18 added.
The largest buyer was Manchester Financial, opening a new position worth an estimated $21.2M. The largest seller was Piershale Financial Group, exiting entirely with an estimated $37.6M sold.
- 85 institutional investors held ProShares UltraShort S&P500 (SDS) as of Q4 2022, down from 88 in Q3 2022.
- Funds reported $179M of ProShares UltraShort S&P500 stock for Q4 2022, down 16% quarter-over-quarter.
- 26 funds opened new ProShares UltraShort S&P500 positions in Q4 2022 and 27 closed out, a net change of -1 holder.
- The largest ProShares UltraShort S&P500 buyer in Q4 2022 was Manchester Financial, an estimated $21.2M added.
- The largest ProShares UltraShort S&P500 seller in Q4 2022 was Piershale Financial Group, an estimated $37.6M sold.
Based on aggregated 13F filings for Q4 2022.