ProShares Short High Yield
39 hedge funds and large institutions have $106M invested in ProShares Short High Yield in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 11 closing their positions.
33% more call options, than puts
Call options by funds: $8K | Put options by funds: $6K
21% more capital invested
Capital invested by funds: $87.7M → $106M (+$18.6M)
14.88% more ownership
Funds ownership: 42.15% → 57.03% (+15%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
5% less funds holding
Funds holding: 41 → 39 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$13.4M |
| 2 |
FCM
Fourpath Capital Management
Oklahoma City,
Oklahoma
|
+$11.8M |
| 3 |
DFG
Demars Financial Group
Spokane Valley,
Washington
|
+$4.97M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.4M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$5.91M |
| 2 |
PFA
Peak Financial Advisors
Denver,
Colorado
|
-$4.92M |
| 3 |
LHWM
Lake Hills Wealth Management
Austin,
Texas
|
-$4.31M |
| 4 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
-$4.1M |
| 5 |
LJAC
L.J. Altfest & Co
New York
|
-$1.45M |
SJB Hedge Fund Activity: Q3 2023 in Review
39 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in ProShares Short High Yield (SJB) for Q3 2023, worth a combined $106M — up 21% from $87.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SJB and 9 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 13 added.
The largest buyer was Jane Street, adding an estimated $13.4M. The largest seller was Hilltop Holdings, cutting an estimated $5.91M.
- 39 institutional investors held ProShares Short High Yield (SJB) as of Q3 2023, down from 41 in Q2 2023.
- Funds reported $106M of ProShares Short High Yield stock for Q3 2023, up 21% quarter-over-quarter.
- 9 funds opened new ProShares Short High Yield positions in Q3 2023 and 11 closed out, a net change of -2 holders.
- The largest ProShares Short High Yield buyer in Q3 2023 was Jane Street, an estimated $13.4M added.
- The largest ProShares Short High Yield seller in Q3 2023 was Hilltop Holdings, an estimated $5.91M sold.
Based on aggregated 13F filings for Q3 2023.