ProShares Short High Yield
41 hedge funds and large institutions have $87.7M invested in ProShares Short High Yield in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 24 reducing their positions, and 12 closing their positions.
161% more call options, than puts
Call options by funds: $47K | Put options by funds: $18K
8.11% less ownership
Funds ownership: 50.26% → 42.15% (-8.1%)
16% less funds holding
Funds holding: 49 → 41 (-8)
38% less capital invested
Capital invested by funds: $142M → $87.7M (-$54.1M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
63% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 24
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| 1 |
LJAC
L.J. Altfest & Co
New York
|
+$1.46M |
| 2 |
Renaissance Technologies
New York
|
+$480K |
| 3 |
PFA
Peak Financial Advisors
Denver,
Colorado
|
+$208K |
| 4 |
VF
Vista Finance
Clayton,
Missouri
|
+$207K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$90.6K |
Top Sellers
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$19.7M |
| 2 |
FCM
Fourpath Capital Management
Oklahoma City,
Oklahoma
|
-$9.26M |
| 3 |
RCS
Retirement Capital Strategies
San Jose,
California
|
-$8.38M |
| 4 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$3.71M |
| 5 |
Jane Street
New York
|
-$2.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Belvedere Trading
Chicago,
Illinois
| – | -$192K | -10,449 | Closed |
|
|
IA
52
IFP Advisors
Tampa,
Florida
| – | -$53.4K | -2,300 | Closed |
|
|
CG
53
Cutler Group
San Francisco,
California
| – | -$1.85K | -100 | Closed |
|
SJB Hedge Fund Activity: Q2 2023 in Review
41 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ProShares Short High Yield (SJB) for Q2 2023, worth a combined $87.7M — down 38% from $142M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SJB and 4 opened new positions — a net loss of 8 holders — while 24 trimmed existing stakes and 9 added.
The largest buyer was L.J. Altfest & Co, opening a new position worth an estimated $1.46M. The largest seller was HighTower Advisors, cutting an estimated $19.7M.
- 41 institutional investors held ProShares Short High Yield (SJB) as of Q2 2023, down from 49 in Q1 2023.
- Funds reported $87.7M of ProShares Short High Yield stock for Q2 2023, down 38% quarter-over-quarter.
- 4 funds opened new ProShares Short High Yield positions in Q2 2023 and 12 closed out, a net change of -8 holders.
- The largest ProShares Short High Yield buyer in Q2 2023 was L.J. Altfest & Co, an estimated $1.46M added.
- The largest ProShares Short High Yield seller in Q2 2023 was HighTower Advisors, an estimated $19.7M sold.
Based on aggregated 13F filings for Q2 2023.