ProShares Short High Yield
24 hedge funds and large institutions have $29.2M invested in ProShares Short High Yield in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 10 reducing their positions, and 12 closing their positions.
2.61% less ownership
Funds ownership: 28.03% → 25.42% (-2.6%)
18% less capital invested
Capital invested by funds: $35.6M → $29.2M (-$6.42M)
20% less funds holding
Funds holding: 30 → 24 (-6)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
80% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.38M |
| 2 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$1.43M |
| 3 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$829K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$244K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NL
NKCFO LLC
Geneva,
Illinois
|
-$6.26M |
| 2 |
CI
Cavalier Investments
Alpharetta,
Georgia
|
-$2.94M |
| 3 |
JG
Jefferies Group
New York
|
-$1.51M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$1.19M |
| 5 |
Jane Street
New York
|
-$486K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
26
Jefferies Group
New York
| – | -$1.51M | -64,035 | Closed |
|
|
27
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$1.19M | -50,400 | Closed |
|
28
HighTower Advisors
Chicago,
Illinois
| – | -$253K | -10,685 | Closed |
|
|
WCM
29
Weatherstone Capital Management
Denver,
Colorado
| – | -$201K | -8,546 | Closed |
|
|
SGS
30
Sterling Global Strategies
Carlsbad,
California
| – | -$109K | -4,650 | Closed |
|
31
UBS Group
Zurich,
Switzerland
| – | -$35K | -1,503 | Closed |
|
|
LYV
32
Live Your Vision
West Conshohocken,
Pennsylvania
| – | -$34K | -1,500 | Closed |
|
|
ADL
33
Asset Dedication LLC
San Francisco,
California
| – | -$23K | -984 | Closed |
|
|
AG
34
Advisor Group
Phoenix,
Arizona
| – | -$4K | -175 | Closed |
|
SJB Hedge Fund Activity: Q1 2019 in Review
24 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in ProShares Short High Yield (SJB) for Q1 2019, worth a combined $29.2M — down 18% from $35.6M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SJB and 6 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 2 added.
The largest buyer was Wells Fargo, adding an estimated $6.38M. The largest seller was NKCFO LLC, exiting entirely with an estimated $6.26M sold.
- 24 institutional investors held ProShares Short High Yield (SJB) as of Q1 2019, down from 30 in Q4 2018.
- Funds reported $29.2M of ProShares Short High Yield stock for Q1 2019, down 18% quarter-over-quarter.
- 6 funds opened new ProShares Short High Yield positions in Q1 2019 and 12 closed out, a net change of -6 holders.
- The largest ProShares Short High Yield buyer in Q1 2019 was Wells Fargo, an estimated $6.38M added.
- The largest ProShares Short High Yield seller in Q1 2019 was NKCFO LLC, an estimated $6.26M sold.
Based on aggregated 13F filings for Q1 2019.