ProShares Short High Yield
49 hedge funds and large institutions have $142M invested in ProShares Short High Yield in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 21 closing their positions.
462% more call options, than puts
Call options by funds: $163K | Put options by funds: $29K
92% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 13
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
1.16% more ownership
Funds ownership: 49.1% → 50.26% (+1.2%)
7% less capital invested
Capital invested by funds: $153M → $142M (-$11.2M)
21% less funds holding
Funds holding: 62 → 49 (-13)
62% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCS
Retirement Capital Strategies
San Jose,
California
|
+$8.51M |
| 2 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$5M |
| 3 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
+$4.14M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$4.1M |
| 5 |
Jane Street
New York
|
+$2.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$9.23M |
| 2 |
PEA
Park Edge Advisors
Cleveland,
Ohio
|
-$7.25M |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$6.24M |
| 4 |
LPL Financial
San Diego,
California
|
-$5.95M |
| 5 |
IAN
Integrated Advisors Network
Dallas,
Texas
|
-$4.65M |
SJB Hedge Fund Activity: Q1 2023 in Review
49 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in ProShares Short High Yield (SJB) for Q1 2023, worth a combined $142M — down 7.4% from $153M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SJB and 8 opened new positions — a net loss of 13 holders — while 13 trimmed existing stakes and 25 added.
The largest buyer was Retirement Capital Strategies, opening a new position worth an estimated $8.51M. The largest seller was Thomas J. Herzfeld Advisors, exiting entirely with an estimated $9.23M sold.
- 49 institutional investors held ProShares Short High Yield (SJB) as of Q1 2023, down from 62 in Q4 2022.
- Funds reported $142M of ProShares Short High Yield stock for Q1 2023, down 7.4% quarter-over-quarter.
- 8 funds opened new ProShares Short High Yield positions in Q1 2023 and 21 closed out, a net change of -13 holders.
- The largest ProShares Short High Yield buyer in Q1 2023 was Retirement Capital Strategies, an estimated $8.51M added.
- The largest ProShares Short High Yield seller in Q1 2023 was Thomas J. Herzfeld Advisors, an estimated $9.23M sold.
Based on aggregated 13F filings for Q1 2023.