ProShares Short S&P500
137 hedge funds and large institutions have $567M invested in ProShares Short S&P500 in 2018 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 27 closing their positions.
149% more capital invested
Capital invested by funds: $228M → $567M (+$339M)
126% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 27
114% more funds holding in top 10
Funds holding in top 10: 7 → 15 (+8)
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
33% more funds holding
Funds holding: 103 → 137 (+34)
2.47% more ownership
Funds ownership: 4.46% → 6.93% (+2.5%)
74% less call options, than puts
Call options by funds: $9.9M | Put options by funds: $38.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Stack Financial Management
Whitefish,
Montana
|
+$95.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$28.1M |
| 3 |
Morgan Stanley
New York
|
+$27.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$24M |
| 5 |
BFIC
Bedell Frazier Investment Counselling
Walnut Creek,
California
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCP
Berkeley Capital Partners
Milton,
Georgia
|
-$8.9M |
| 2 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
-$7.17M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$2.58M |
| 4 |
LWA
Lowe Wealth Advisors
Columbia,
Maryland
|
-$2.25M |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$2.07M |
SH Hedge Fund Activity: Q4 2018 in Review
137 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in ProShares Short S&P500 (SH) for Q4 2018, worth a combined $567M — up 149% from $228M a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new SH positions and 27 closed out — a net gain of 34 holders — while 37 added to existing stakes and 24 trimmed.
The largest buyer was Stack Financial Management, opening a new position worth an estimated $95.1M. The largest seller was Berkeley Capital Partners, cutting an estimated $8.9M.
- 137 institutional investors held ProShares Short S&P500 (SH) as of Q4 2018, up from 103 in Q3 2018.
- Funds reported $567M of ProShares Short S&P500 stock for Q4 2018, up 149% quarter-over-quarter.
- 61 funds opened new ProShares Short S&P500 positions in Q4 2018 and 27 closed out, a net change of +34 holders.
- The largest ProShares Short S&P500 buyer in Q4 2018 was Stack Financial Management, an estimated $95.1M added.
- The largest ProShares Short S&P500 seller in Q4 2018 was Berkeley Capital Partners, an estimated $8.9M sold.
Based on aggregated 13F filings for Q4 2018.