ProShares UltraShort Materials
10 hedge funds and large institutions have $2.67M invested in ProShares UltraShort Materials in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 7 closing their positions.
44% more call options, than puts
Call options by funds: $1.24M | Put options by funds: $860K
0.62% less ownership
Funds ownership: 1.31% → 0.69% (-0.62%)
29% less funds holding
Funds holding: 14 → 10 (-4)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
63% less capital invested
Capital invested by funds: $7.14M → $2.67M (-$4.48M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$782K |
| 2 |
Barclays
London,
United Kingdom
|
+$85.6K |
| 3 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
+$16.2K |
| 4 |
Walleye Trading
New York
|
+$12.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$2.42M |
| 2 |
GML
Gems Management Ltd
Nassau,
Bahamas
|
-$721K |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$572K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$430K |
| 5 |
JMH
J.M. Hartwell
New York
|
-$266K |
SMN Hedge Fund Activity: Q3 2013 in Review
10 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Materials (SMN) for Q3 2013, worth a combined $2.67M — down 63% from $7.14M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SMN and 3 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, adding an estimated $782K. The largest seller was Virtu Financial, exiting entirely with an estimated $2.42M sold.
- 10 institutional investors held ProShares UltraShort Materials (SMN) as of Q3 2013, down from 14 in Q2 2013.
- Funds reported $2.67M of ProShares UltraShort Materials stock for Q3 2013, down 63% quarter-over-quarter.
- 3 funds opened new ProShares UltraShort Materials positions in Q3 2013 and 7 closed out, a net change of -4 holders.
- The largest ProShares UltraShort Materials buyer in Q3 2013 was Susquehanna International Group, an estimated $782K added.
- The largest ProShares UltraShort Materials seller in Q3 2013 was Virtu Financial, an estimated $2.42M sold.
Based on aggregated 13F filings for Q3 2013.