ProShares UltraShort S&P500
SDS
72 hedge funds and large institutions have $102M invested in ProShares UltraShort S&P500 in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 23 closing their positions.
127% more call options, than puts
Call options by funds: $7.5M | Put options by funds: $3.31M
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
4% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 23
0.24% less ownership
Funds ownership: 3.2% → 2.96% (-0.24%)
3% less funds holding
Funds holding: 74 → 72 (-2)
30% less capital invested
Capital invested by funds: $145M → $102M (-$42.8M)
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$7.67M |
| 2 |
Squarepoint
New York
|
+$7.04M |
| 3 |
GCM
Gunderson Capital Management
Mt. Pleasant,
South Carolina
|
+$4.98M |
| 4 |
LCWP
Legacy Capital Wealth Partners
Little Rock,
Arkansas
|
+$2.76M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.42M |
| 2 |
CCA
Cadent Capital Advisors
Tulsa,
Oklahoma
|
-$5.5M |
| 3 |
GECH
Garnet Equity Capital Holdings
New York
|
-$4.45M |
| 4 |
JWS
Juncture Wealth Strategies
Scottsdale,
Arizona
|
-$4.4M |
| 5 |
BFIC
Bedell Frazier Investment Counselling
Walnut Creek,
California
|
-$4.3M |
SDS Hedge Fund Activity: Q4 2023 in Review
72 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort S&P500 (SDS) for Q4 2023, worth a combined $102M — down 30% from $145M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SDS positions and 23 closed out — a net gain of 1 holder — while 19 added to existing stakes and 17 trimmed.
The largest buyer was IMC Chicago, adding an estimated $7.67M. The largest seller was Raymond James & Associates, exiting entirely with an estimated $6.42M sold.
- 72 institutional investors held ProShares UltraShort S&P500 (SDS) as of Q4 2023, down from 74 in Q3 2023.
- Funds reported $102M of ProShares UltraShort S&P500 stock for Q4 2023, down 30% quarter-over-quarter.
- 24 funds opened new ProShares UltraShort S&P500 positions in Q4 2023 and 23 closed out, a net change of +1 holder.
- The largest ProShares UltraShort S&P500 buyer in Q4 2023 was IMC Chicago, an estimated $7.67M added.
- The largest ProShares UltraShort S&P500 seller in Q4 2023 was Raymond James & Associates, an estimated $6.42M sold.
Based on aggregated 13F filings for Q4 2023.