ProShares Short S&P500
178 hedge funds and large institutions have $386M invested in ProShares Short S&P500 in 2020 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 26 increasing their positions, 66 reducing their positions, and 66 closing their positions.
61% more call options, than puts
Call options by funds: $17.9M | Put options by funds: $11.1M
1.66% less ownership
Funds ownership: 6.97% → 5.31% (-1.7%)
13% less funds holding
Funds holding: 205 → 178 (-27)
38% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 66
52% less capital invested
Capital invested by funds: $803M → $386M (-$417M)
61% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 66
65% less funds holding in top 10
Funds holding in top 10: 20 → 7 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$38.9M |
| 2 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
+$4.56M |
| 3 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$4.44M |
| 4 |
LJAC
L.J. Altfest & Co
New York
|
+$4.16M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$101M |
| 2 |
Morgan Stanley
New York
|
-$51.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$39M |
| 4 |
NEIRG
New England Investment & Retirement Group
North Andover,
Massachusetts
|
-$24.9M |
| 5 |
BCMO
Buckingham Capital Management (Ohio)
Dayton,
Ohio
|
-$24.9M |
SH Hedge Fund Activity: Q4 2020 in Review
178 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in ProShares Short S&P500 (SH) for Q4 2020, worth a combined $386M — down 52% from $803M a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of SH and 41 opened new positions — a net loss of 25 holders — while 66 trimmed existing stakes and 26 added.
The largest buyer was IMC Chicago, opening a new position worth an estimated $38.9M. The largest seller was Neuberger Berman Group, cutting an estimated $101M.
- 178 institutional investors held ProShares Short S&P500 (SH) as of Q4 2020, down from 205 in Q3 2020.
- Funds reported $386M of ProShares Short S&P500 stock for Q4 2020, down 52% quarter-over-quarter.
- 41 funds opened new ProShares Short S&P500 positions in Q4 2020 and 66 closed out, a net change of -25 holders.
- The largest ProShares Short S&P500 buyer in Q4 2020 was IMC Chicago, an estimated $38.9M added.
- The largest ProShares Short S&P500 seller in Q4 2020 was Neuberger Berman Group, an estimated $101M sold.
Based on aggregated 13F filings for Q4 2020.