ProShares UltraShort S&P500
SDS
74 hedge funds and large institutions have $145M invested in ProShares UltraShort S&P500 in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 14 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
36% more capital invested
Capital invested by funds: $106M → $145M (+$38.6M)
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
7% more funds holding
Funds holding: 69 → 74 (+5)
0.96% more ownership
Funds ownership: 2.24% → 3.2% (+0.96%)
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
28% less call options, than puts
Call options by funds: $17.5M | Put options by funds: $24.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$14.3M |
| 2 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
+$14.1M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$5.96M |
| 4 |
JWS
Juncture Wealth Strategies
Scottsdale,
Arizona
|
+$4.08M |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Squarepoint
New York
|
-$5.72M |
| 2 |
DS
DRW Securities
Chicago,
Illinois
|
-$2.9M |
| 3 |
GS
GTS Securities
Miami,
Florida
|
-$2.25M |
| 4 |
MF
Manchester Financial
Westlake Village,
California
|
-$1.85M |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$1.72M |
SDS Hedge Fund Activity: Q3 2023 in Review
74 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort S&P500 (SDS) for Q3 2023, worth a combined $145M — up 36% from $106M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SDS positions and 14 closed out — a net gain of 5 holders — while 16 added to existing stakes and 20 trimmed.
The largest buyer was IMC Chicago, opening a new position worth an estimated $14.3M. The largest seller was Squarepoint, cutting an estimated $5.72M.
- 74 institutional investors held ProShares UltraShort S&P500 (SDS) as of Q3 2023, up from 69 in Q2 2023.
- Funds reported $145M of ProShares UltraShort S&P500 stock for Q3 2023, up 36% quarter-over-quarter.
- 19 funds opened new ProShares UltraShort S&P500 positions in Q3 2023 and 14 closed out, a net change of +5 holders.
- The largest ProShares UltraShort S&P500 buyer in Q3 2023 was IMC Chicago, an estimated $14.3M added.
- The largest ProShares UltraShort S&P500 seller in Q3 2023 was Squarepoint, an estimated $5.72M sold.
Based on aggregated 13F filings for Q3 2023.