ProShares Short High Yield
30 hedge funds and large institutions have $35.6M invested in ProShares Short High Yield in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
43% more funds holding
Funds holding: 21 → 30 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.93% less ownership
Funds ownership: 32.96% → 28.03% (-4.9%)
12% less capital invested
Capital invested by funds: $40.6M → $35.6M (-$4.95M)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cavalier Investments
Alpharetta,
Georgia
|
+$2.88M |
| 2 |
JG
Jefferies Group
New York
|
+$1.48M |
| 3 |
VF
Virtu Financial
New York
|
+$1.12M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$528K |
| 5 |
LPL Financial
San Diego,
California
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
-$12.7M |
| 2 |
Jane Street
New York
|
-$4.83M |
| 3 |
SG Americas Securities
New York
|
-$710K |
| 4 |
Goldman Sachs
New York
|
-$440K |
| 5 |
HI
Hudock Inc
Williamsport,
Pennsylvania
|
-$378K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RE
26
RBC Europe
London,
United Kingdom
| $11.8K | – | – | – |
|
|
CG
27
Cutler Group
San Francisco,
California
| $7K | +$2.31K | +100 | +50% |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $4K | – | – | – |
|
|
29
Goldman Sachs
New York
| – | -$440K | -19,546 | Closed |
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$334K | -14,826 | Closed |
|
|
FCAS
31
First Command Advisory Services
Fort Worth,
Texas
| – | -$19K | -857 | Closed |
|
32
Fidelity Investments
Boston,
Massachusetts
| – | +$23 | +1 | New |
|
SJB Hedge Fund Activity: Q4 2018 in Review
30 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in ProShares Short High Yield (SJB) for Q4 2018, worth a combined $35.6M — down 12% from $40.6M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SJB positions and 3 closed out — a net gain of 9 holders — while 4 added to existing stakes and 8 trimmed.
The largest buyer was Cavalier Investments, opening a new position worth an estimated $2.88M. The largest seller was Almanack Investment Partners, cutting an estimated $12.7M.
- 30 institutional investors held ProShares Short High Yield (SJB) as of Q4 2018, up from 21 in Q3 2018.
- Funds reported $35.6M of ProShares Short High Yield stock for Q4 2018, down 12% quarter-over-quarter.
- 12 funds opened new ProShares Short High Yield positions in Q4 2018 and 3 closed out, a net change of +9 holders.
- The largest ProShares Short High Yield buyer in Q4 2018 was Cavalier Investments, an estimated $2.88M added.
- The largest ProShares Short High Yield seller in Q4 2018 was Almanack Investment Partners, an estimated $12.7M sold.
Based on aggregated 13F filings for Q4 2018.