ProShares UltraShort Financials
20 hedge funds and large institutions have $11.2M invested in ProShares UltraShort Financials in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 5 closing their positions.
5% less funds holding
Funds holding: 21 → 20 (-1)
13% less call options, than puts
Call options by funds: $1.77M | Put options by funds: $2.03M
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
42% less capital invested
Capital invested by funds: $19.2M → $11.2M (-$7.98M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.68M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$677K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$402K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$132K |
| 5 |
Walleye Trading
New York
|
+$34.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.38M |
| 2 |
Goldman Sachs
New York
|
-$2.79M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.51M |
| 4 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$468K |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$262K |
SKF Hedge Fund Activity: Q3 2013 in Review
20 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Financials (SKF) for Q3 2013, worth a combined $11.2M — down 42% from $19.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SKF and 4 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 4 added.
The largest buyer was Envestnet Asset Management, adding an estimated $3.68M. The largest seller was Deutsche Bank, cutting an estimated $6.38M.
- 20 institutional investors held ProShares UltraShort Financials (SKF) as of Q3 2013, down from 21 in Q2 2013.
- Funds reported $11.2M of ProShares UltraShort Financials stock for Q3 2013, down 42% quarter-over-quarter.
- 4 funds opened new ProShares UltraShort Financials positions in Q3 2013 and 5 closed out, a net change of -1 holder.
- The largest ProShares UltraShort Financials buyer in Q3 2013 was Envestnet Asset Management, an estimated $3.68M added.
- The largest ProShares UltraShort Financials seller in Q3 2013 was Deutsche Bank, an estimated $6.38M sold.
Based on aggregated 13F filings for Q3 2013.