ProShares Short High Yield
28 hedge funds and large institutions have $103M invested in ProShares Short High Yield in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
37% more capital invested
Capital invested by funds: $75.3M → $103M (+$27.8M)
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
17.95% more ownership
Funds ownership: 37.45% → 55.4% (+18%)
8% more funds holding
Funds holding: 26 → 28 (+2)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $5.46M
Top Buyers
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$29.7M |
| 2 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$3.79M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$3.51M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$2.64M |
| 5 |
JP Morgan Chase
New York
|
+$2.02M |
Top Sellers
| 1 |
LPL Financial
San Diego,
California
|
-$3.98M |
| 2 |
HTI
Hikari Tsushin Inc
Tokyo,
Japan
|
-$2.76M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.13M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.31M |
| 5 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$945K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $4K | +$4.72K | +175 | New |
|
|
TFA
27
Transamerica Financial Advisors
St. Petersburg,
Florida
| $1K | – | – | – |
|
|
HTI
28
Hikari Tsushin Inc
Tokyo,
Japan
| – | -$2.76M | -99,692 | Closed |
|
|
SMH
29
Sanders Morris Harris
Houston,
Texas
| – | -$945K | -34,090 | Closed |
|
|
JG
30
Jefferies Group
New York
| – | -$786K | -28,348 | Closed |
|
31
Citadel Advisors
Miami,
Florida
| – | -$368K | -13,258 | Closed |
|
|
AIG
32
American International Group
New York
| – | -$5K | -175 | Closed |
|
|
GI
33
Gradient Investments
Arden Hills,
Minnesota
| – | -$3K | -123 | Closed |
|
SJB Hedge Fund Activity: Q2 2016 in Review
28 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ProShares Short High Yield (SJB) for Q2 2016, worth a combined $103M — up 37% from $75.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SJB positions and 6 closed out — a net gain of 2 holders — while 6 added to existing stakes and 12 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $29.7M. The largest seller was LPL Financial, cutting an estimated $3.98M.
- 28 institutional investors held ProShares Short High Yield (SJB) as of Q2 2016, up from 26 in Q1 2016.
- Funds reported $103M of ProShares Short High Yield stock for Q2 2016, up 37% quarter-over-quarter.
- 8 funds opened new ProShares Short High Yield positions in Q2 2016 and 6 closed out, a net change of +2 holders.
- The largest ProShares Short High Yield buyer in Q2 2016 was Flow Traders U.S., an estimated $29.7M added.
- The largest ProShares Short High Yield seller in Q2 2016 was LPL Financial, an estimated $3.98M sold.
Based on aggregated 13F filings for Q2 2016.