ProShares UltraShort S&P500
SDS
58 hedge funds and large institutions have $45.2M invested in ProShares UltraShort S&P500 in 2024 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 16 closing their positions.
21% more call options, than puts
Call options by funds: $5.14M | Put options by funds: $4.24M
0.86% less ownership
Funds ownership: 2.58% → 1.72% (-0.86%)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
2% less funds holding
Funds holding: 59 → 58 (-1)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
40% less capital invested
Capital invested by funds: $75.9M → $45.2M (-$30.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCWP
Legacy Capital Wealth Partners
Little Rock,
Arkansas
|
+$3.42M |
| 2 |
HF
HRT Financial
New York
|
+$3.22M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
+$2.01M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.68M |
| 5 |
Jane Street
New York
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Manchester Financial
Westlake Village,
California
|
-$20.8M |
| 2 |
GCM
Gunderson Capital Management
Mt. Pleasant,
South Carolina
|
-$9.06M |
| 3 |
Squarepoint
New York
|
-$3.25M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.51M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.62M |
SDS Hedge Fund Activity: Q2 2024 in Review
58 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort S&P500 (SDS) for Q2 2024, worth a combined $45.2M — down 40% from $75.9M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SDS and 15 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 11 added.
The largest buyer was Legacy Capital Wealth Partners, opening a new position worth an estimated $3.42M. The largest seller was Manchester Financial, exiting entirely with an estimated $20.8M sold.
- 58 institutional investors held ProShares UltraShort S&P500 (SDS) as of Q2 2024, down from 59 in Q1 2024.
- Funds reported $45.2M of ProShares UltraShort S&P500 stock for Q2 2024, down 40% quarter-over-quarter.
- 15 funds opened new ProShares UltraShort S&P500 positions in Q2 2024 and 16 closed out, a net change of -1 holder.
- The largest ProShares UltraShort S&P500 buyer in Q2 2024 was Legacy Capital Wealth Partners, an estimated $3.42M added.
- The largest ProShares UltraShort S&P500 seller in Q2 2024 was Manchester Financial, an estimated $20.8M sold.
Based on aggregated 13F filings for Q2 2024.