ProShares Short High Yield
20 hedge funds and large institutions have $40.8M invested in ProShares Short High Yield in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 8 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0.71% more ownership
Funds ownership: 35.01% → 35.72% (+0.71%)
11% less capital invested
Capital invested by funds: $45.7M → $40.8M (-$4.92M)
20% less funds holding
Funds holding: 25 → 20 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$15.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.01M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$761K |
| 4 |
VF
Virtu Financial
New York
|
+$723K |
| 5 |
IF
IRON Financial
Northbrook,
Illinois
|
+$573K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$12.2M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$4.18M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.06M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.09M |
| 5 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
-$830K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citadel Advisors
Miami,
Florida
| – | -$264K | -10,707 | Closed |
|
|
CG
27
Cutler Group
San Francisco,
California
| – | -$31K | -1,277 | Closed |
|
SJB Hedge Fund Activity: Q1 2017 in Review
20 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in ProShares Short High Yield (SJB) for Q1 2017, worth a combined $40.8M — down 11% from $45.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SJB and 3 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Jane Street, adding an estimated $15.4M. The largest seller was Virtu KCG Holdings, cutting an estimated $12.2M.
- 20 institutional investors held ProShares Short High Yield (SJB) as of Q1 2017, down from 25 in Q4 2016.
- Funds reported $40.8M of ProShares Short High Yield stock for Q1 2017, down 11% quarter-over-quarter.
- 3 funds opened new ProShares Short High Yield positions in Q1 2017 and 8 closed out, a net change of -5 holders.
- The largest ProShares Short High Yield buyer in Q1 2017 was Jane Street, an estimated $15.4M added.
- The largest ProShares Short High Yield seller in Q1 2017 was Virtu KCG Holdings, an estimated $12.2M sold.
Based on aggregated 13F filings for Q1 2017.