ProShares Short High Yield
26 hedge funds and large institutions have $75.3M invested in ProShares Short High Yield in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 7 closing their positions.
21% more capital invested
Capital invested by funds: $62.2M → $75.3M (+$13.2M)
8.51% more ownership
Funds ownership: 28.94% → 37.45% (+8.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 27 → 26 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$10.3M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.87M |
| 3 |
HTI
Hikari Tsushin Inc
Tokyo,
Japan
|
+$2.87M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.68M |
| 5 |
VF
Virtu Financial
New York
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$5.26M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$868K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$541K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$517K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$311K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$868K | -30,280 | Closed |
|
|
RJFSA
27
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$541K | -18,892 | Closed |
|
|
RJA
28
Raymond James & Associates
St Petersburg,
Florida
| – | -$517K | -18,045 | Closed |
|
|
SPC
29
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$311K | -10,858 | Closed |
|
|
PAG
30
Private Advisor Group
Morristown,
New Jersey
| – | -$302K | -10,540 | Closed |
|
31
Bank of America
Charlotte,
North Carolina
| – | -$29K | -1,000 | Closed |
|
|
IA
32
IFP Advisors
Tampa,
Florida
| – | -$18K | -625 | Closed |
|
SJB Hedge Fund Activity: Q1 2016 in Review
26 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in ProShares Short High Yield (SJB) for Q1 2016, worth a combined $75.3M — up 21% from $62.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SJB and 6 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 8 added.
The largest buyer was Wells Fargo, adding an estimated $10.3M. The largest seller was Brookstone Capital Management, cutting an estimated $5.26M.
- 26 institutional investors held ProShares Short High Yield (SJB) as of Q1 2016, down from 27 in Q4 2015.
- Funds reported $75.3M of ProShares Short High Yield stock for Q1 2016, up 21% quarter-over-quarter.
- 6 funds opened new ProShares Short High Yield positions in Q1 2016 and 7 closed out, a net change of -1 holder.
- The largest ProShares Short High Yield buyer in Q1 2016 was Wells Fargo, an estimated $10.3M added.
- The largest ProShares Short High Yield seller in Q1 2016 was Brookstone Capital Management, an estimated $5.26M sold.
Based on aggregated 13F filings for Q1 2016.