ProShares Short High Yield
24 hedge funds and large institutions have $50M invested in ProShares Short High Yield in 2025 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
49% more capital invested
Capital invested by funds: $33.5M → $50M (+$16.5M)
26% more funds holding
Funds holding: 19 → 24 (+5)
8.2% more ownership
Funds ownership: 43.91% → 52.11% (+8.2%)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
85% less call options, than puts
Call options by funds: $415K | Put options by funds: $2.83M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$9.21M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.85M |
| 3 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$1.62M |
| 4 |
CL
Choreo LLC
Rockford,
Illinois
|
+$1.21M |
| 5 |
TSS
Two Sigma Securities
New York
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
-$2.01M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$806K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$481K |
| 4 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
-$467K |
| 5 |
SC
Solstein Capital
Menlo Park,
California
|
-$309K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$806K | -50,000 | Closed |
|
|
27
Citadel Advisors
Miami,
Florida
| – | -$481K | -29,943 | Closed |
|
|
BCA
28
Bay Colony Advisors
Concord,
Massachusetts
| – | -$467K | -28,995 | Closed |
|
|
LRWM
29
Lord & Richards Wealth Management
Highlands Ranch,
Colorado
| – | -$693 | -43 | Closed |
|
SJB Hedge Fund Activity: Q2 2025 in Review
24 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in ProShares Short High Yield (SJB) for Q2 2025, worth a combined $50M — up 49% from $33.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SJB positions and 6 closed out — a net gain of 5 holders — while 5 added to existing stakes and 5 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, opening a new position worth an estimated $9.21M. The largest seller was Citizens Financial Group, exiting entirely with an estimated $2.01M sold.
- 24 institutional investors held ProShares Short High Yield (SJB) as of Q2 2025, up from 19 in Q1 2025.
- Funds reported $50M of ProShares Short High Yield stock for Q2 2025, up 49% quarter-over-quarter.
- 11 funds opened new ProShares Short High Yield positions in Q2 2025 and 6 closed out, a net change of +5 holders.
- The largest ProShares Short High Yield buyer in Q2 2025 was Thomas J. Herzfeld Advisors, an estimated $9.21M added.
- The largest ProShares Short High Yield seller in Q2 2025 was Citizens Financial Group, an estimated $2.01M sold.
Based on aggregated 13F filings for Q2 2025.