ProShares Short S&P500
120 hedge funds and large institutions have $378M invested in ProShares Short S&P500 in 2016 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 19 increasing their positions, 53 reducing their positions, and 48 closing their positions.
0.71% less ownership
Funds ownership: 5.99% → 5.27% (-0.71%)
18% less funds holding
Funds holding: 146 → 120 (-26)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
42% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 48
42% less capital invested
Capital invested by funds: $651M → $378M (-$272M)
55% less call options, than puts
Call options by funds: $23.7M | Put options by funds: $53.3M
64% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PVG Asset Management
Golden,
Colorado
|
+$36.5M |
| 2 |
VF
Virtu Financial
New York
|
+$18.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.47M |
| 4 |
BCP
Berkeley Capital Partners
Milton,
Georgia
|
+$2.44M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$90.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$54.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$49.5M |
| 4 |
LPL Financial
San Diego,
California
|
-$18.3M |
| 5 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$13.5M |
SH Hedge Fund Activity: Q4 2016 in Review
120 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in ProShares Short S&P500 (SH) for Q4 2016, worth a combined $378M — down 42% from $651M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of SH and 28 opened new positions — a net loss of 20 holders — while 53 trimmed existing stakes and 19 added.
The largest buyer was PVG Asset Management, adding an estimated $36.5M. The largest seller was Morgan Stanley, cutting an estimated $90.7M.
- 120 institutional investors held ProShares Short S&P500 (SH) as of Q4 2016, down from 146 in Q3 2016.
- Funds reported $378M of ProShares Short S&P500 stock for Q4 2016, down 42% quarter-over-quarter.
- 28 funds opened new ProShares Short S&P500 positions in Q4 2016 and 48 closed out, a net change of -20 holders.
- The largest ProShares Short S&P500 buyer in Q4 2016 was PVG Asset Management, an estimated $36.5M added.
- The largest ProShares Short S&P500 seller in Q4 2016 was Morgan Stanley, an estimated $90.7M sold.
Based on aggregated 13F filings for Q4 2016.