ProShares UltraShort S&P500
SDS
59 hedge funds and large institutions have $75.9M invested in ProShares UltraShort S&P500 in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 24 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
63% more call options, than puts
Call options by funds: $5.68M | Put options by funds: $3.49M
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
0.37% less ownership
Funds ownership: 2.96% → 2.58% (-0.37%)
18% less funds holding
Funds holding: 72 → 59 (-13)
26% less capital invested
Capital invested by funds: $102M → $75.9M (-$26M)
38% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gunderson Capital Management
Mt. Pleasant,
South Carolina
|
+$6.1M |
| 2 |
RA
Raffles Associates
New York
|
+$4.97M |
| 3 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
+$3.38M |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1.85M |
| 5 |
PWM
Prosperity Wealth Management
San Ramon,
California
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$16.3M |
| 2 |
CCA
Cadent Capital Advisors
Tulsa,
Oklahoma
|
-$4.87M |
| 3 |
LCWP
Legacy Capital Wealth Partners
Little Rock,
Arkansas
|
-$2.39M |
| 4 |
Squarepoint
New York
|
-$1.42M |
| 5 |
MWM
Meridian Wealth Management
Lexington,
Kentucky
|
-$1.38M |
SDS Hedge Fund Activity: Q1 2024 in Review
59 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort S&P500 (SDS) for Q1 2024, worth a combined $75.9M — down 26% from $102M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of SDS and 15 opened new positions — a net loss of 9 holders — while 15 trimmed existing stakes and 17 added.
The largest buyer was Gunderson Capital Management, adding an estimated $6.1M. The largest seller was IMC Chicago, cutting an estimated $16.3M.
- 59 institutional investors held ProShares UltraShort S&P500 (SDS) as of Q1 2024, down from 72 in Q4 2023.
- Funds reported $75.9M of ProShares UltraShort S&P500 stock for Q1 2024, down 26% quarter-over-quarter.
- 15 funds opened new ProShares UltraShort S&P500 positions in Q1 2024 and 24 closed out, a net change of -9 holders.
- The largest ProShares UltraShort S&P500 buyer in Q1 2024 was Gunderson Capital Management, an estimated $6.1M added.
- The largest ProShares UltraShort S&P500 seller in Q1 2024 was IMC Chicago, an estimated $16.3M sold.
Based on aggregated 13F filings for Q1 2024.