ProShares Short High Yield
25 hedge funds and large institutions have $45.7M invested in ProShares Short High Yield in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 8 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 27 → 25 (-2)
18.8% less ownership
Funds ownership: 53.81% → 35.01% (-19%)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
50% less capital invested
Capital invested by funds: $92.2M → $45.7M (-$46.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$12.8M |
| 2 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
+$843K |
| 3 |
FA
FDx Advisors
Chicago,
Illinois
|
+$748K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$597K |
| 5 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$51.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.05M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.63M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.35M |
| 5 |
Jane Street
New York
|
-$1.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RG
26
Rikoon Group
Santa Fe,
New Mexico
| – | -$642K | -25,675 | Closed |
|
|
WS
27
Wedbush Securities
Los Angeles,
California
| – | -$325K | -13,000 | Closed |
|
28
Wolverine Trading
Chicago,
Illinois
| – | -$293K | -11,664 | Closed |
|
|
IC
29
InterOcean Capital
Chicago,
Illinois
| – | -$248K | -9,927 | Closed |
|
30
Bank of New York Mellon
New York
| – | -$225K | -8,998 | Closed |
|
31
Simplex Trading
Chicago,
Illinois
| – | -$85K | -3,410 | Closed |
|
|
TFA
32
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$1K | -12 | Closed |
|
SJB Hedge Fund Activity: Q4 2016 in Review
25 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in ProShares Short High Yield (SJB) for Q4 2016, worth a combined $45.7M — down 50% from $92.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SJB and 6 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 6 added.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $12.8M. The largest seller was Flow Traders U.S., cutting an estimated $51.5M.
- 25 institutional investors held ProShares Short High Yield (SJB) as of Q4 2016, down from 27 in Q3 2016.
- Funds reported $45.7M of ProShares Short High Yield stock for Q4 2016, down 50% quarter-over-quarter.
- 6 funds opened new ProShares Short High Yield positions in Q4 2016 and 8 closed out, a net change of -2 holders.
- The largest ProShares Short High Yield buyer in Q4 2016 was Virtu KCG Holdings, an estimated $12.8M added.
- The largest ProShares Short High Yield seller in Q4 2016 was Flow Traders U.S., an estimated $51.5M sold.
Based on aggregated 13F filings for Q4 2016.