ProShares Short High Yield
27 hedge funds and large institutions have $92.2M invested in ProShares Short High Yield in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 5 closing their positions.
1.59% less ownership
Funds ownership: 55.4% → 53.81% (-1.6%)
4% less funds holding
Funds holding: 28 → 27 (-1)
11% less capital invested
Capital invested by funds: $103M → $92.2M (-$11M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$28.7M |
| 2 |
Jane Street
New York
|
+$1.87M |
| 3 |
FPC
Falcon Point Capital
San Francisco,
California
|
+$1.74M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.27M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$87.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$23.8M |
| 2 |
JP Morgan Chase
New York
|
-$5.9M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$3.32M |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$2.87M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFA
26
Transamerica Financial Advisors
St. Petersburg,
Florida
| $1K | – | – | – |
|
|
BCM
27
Brookstone Capital Management
Wheaton,
Illinois
| – | -$23.8M | -908,033 | Closed |
|
|
28
JP Morgan Chase
New York
| – | -$5.9M | -225,000 | Closed |
|
|
EDRH
29
Edmond de Rothschild Holding
Chambesy,
Switzerland
| – | -$811K | -30,913 | Closed |
|
|
EDRS
30
Edmond de Rothschild (Suisse)
Geneva,
Switzerland
| – | -$811K | -30,913 | Closed |
|
|
KC
31
Kingfisher Capital
Charlotte,
North Carolina
| – | -$661K | -25,188 | Closed |
|
SJB Hedge Fund Activity: Q3 2016 in Review
27 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ProShares Short High Yield (SJB) for Q3 2016, worth a combined $92.2M — down 11% from $103M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SJB and 4 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 5 added.
The largest buyer was Flow Traders U.S., adding an estimated $28.7M. The largest seller was Brookstone Capital Management, exiting entirely with an estimated $23.8M sold.
- 27 institutional investors held ProShares Short High Yield (SJB) as of Q3 2016, down from 28 in Q2 2016.
- Funds reported $92.2M of ProShares Short High Yield stock for Q3 2016, down 11% quarter-over-quarter.
- 4 funds opened new ProShares Short High Yield positions in Q3 2016 and 5 closed out, a net change of -1 holder.
- The largest ProShares Short High Yield buyer in Q3 2016 was Flow Traders U.S., an estimated $28.7M added.
- The largest ProShares Short High Yield seller in Q3 2016 was Brookstone Capital Management, an estimated $23.8M sold.
Based on aggregated 13F filings for Q3 2016.