ProShares Short High Yield
17 hedge funds and large institutions have $28.8M invested in ProShares Short High Yield in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 9 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
3.06% less ownership
Funds ownership: 27.23% → 24.17% (-3.1%)
11% less capital invested
Capital invested by funds: $32.4M → $28.8M (-$3.58M)
25% less call options, than puts
Call options by funds: $312K | Put options by funds: $416K
29% less funds holding
Funds holding: 24 → 17 (-7)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$12.9M |
| 2 |
Jane Street
New York
|
+$2.01M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$126K |
| 4 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
+$46.7K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$2.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.07M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.39M |
| 3 |
IF
IRON Financial
Northbrook,
Illinois
|
-$541K |
| 4 |
PCM
Peak Capital Management
Greenwood Village,
Colorado
|
-$465K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$43K |
SJB Hedge Fund Activity: Q3 2017 in Review
17 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in ProShares Short High Yield (SJB) for Q3 2017, worth a combined $28.8M — down 11% from $32.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SJB and 3 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was Virtu Financial, adding an estimated $12.9M. The largest seller was Royal Bank of Canada, cutting an estimated $3.07M.
- 17 institutional investors held ProShares Short High Yield (SJB) as of Q3 2017, down from 24 in Q2 2017.
- Funds reported $28.8M of ProShares Short High Yield stock for Q3 2017, down 11% quarter-over-quarter.
- 3 funds opened new ProShares Short High Yield positions in Q3 2017 and 9 closed out, a net change of -6 holders.
- The largest ProShares Short High Yield buyer in Q3 2017 was Virtu Financial, an estimated $12.9M added.
- The largest ProShares Short High Yield seller in Q3 2017 was Royal Bank of Canada, an estimated $3.07M sold.
Based on aggregated 13F filings for Q3 2017.