ProShares UltraShort Materials
9 hedge funds and large institutions have $3.55M invested in ProShares UltraShort Materials in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0.08% more ownership
Funds ownership: 1.34% → 1.42% (+0.08%)
14% less capital invested
Capital invested by funds: $4.13M → $3.55M (-$587K)
36% less funds holding
Funds holding: 14 → 9 (-5)
44% less call options, than puts
Call options by funds: $135K | Put options by funds: $242K
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$202K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$199K |
| 3 |
VF
Virtu Financial
New York
|
+$134K |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$86.3K |
| 5 |
Citigroup
New York
|
+$4.95K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$582K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$320K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$30.8K |
| 4 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$10K |
| 5 |
Walleye Trading
New York
|
-$9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.39M | -$320K | -582 | -18% |
|
|
VF
2
Virtu Financial
New York
| $1.07M | +$134K | +244 | +13% |
|
|
TH
3
Timber Hill
Greenwich,
Connecticut
| $600K | +$86.3K | +157 | +15% |
|
|
TRCT
4
Tower Research Capital (TRC)
New York
| $279K | +$199K | +362 | +197% |
|
|
5
Citadel Advisors
Miami,
Florida
| $188K | +$202K | +368 | New |
|
6
Morgan Stanley
New York
| $10K | -$550 | -1 | -5% |
|
|
7
Citigroup
New York
| $9K | +$4.95K | +9 | +100% |
|
8
US Bancorp
Minneapolis,
Minnesota
| $2K | – | – | – |
|
|
WSTAM
9
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$582K | -1,063 | Closed |
|
|
U
10
UBS
Zurich,
Switzerland
| – | -$30.8K | -56 | Closed |
|
|
DBT
11
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$10K | -18 | Closed |
|
|
12
Walleye Trading
New York
| – | -$9K | -17 | Closed |
|
|
WA
13
WFG Advisors
Dallas,
Texas
| – | -$3K | -5 | Closed |
|
14
Invesco
Atlanta,
Georgia
| – | -$1K | -1 | Closed |
|
SMN Hedge Fund Activity: Q1 2014 in Review
9 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Materials (SMN) for Q1 2014, worth a combined $3.55M — down 14% from $4.13M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SMN and 1 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $202K. The largest seller was Wilbanks Smith & Thomas Asset Management, exiting entirely with an estimated $582K sold.
- 9 institutional investors held ProShares UltraShort Materials (SMN) as of Q1 2014, down from 14 in Q4 2013.
- Funds reported $3.55M of ProShares UltraShort Materials stock for Q1 2014, down 14% quarter-over-quarter.
- 1 fund opened new ProShares UltraShort Materials positions in Q1 2014 and 6 closed out, a net change of -5 holders.
- The largest ProShares UltraShort Materials buyer in Q1 2014 was Citadel Advisors, an estimated $202K added.
- The largest ProShares UltraShort Materials seller in Q1 2014 was Wilbanks Smith & Thomas Asset Management, an estimated $582K sold.
Based on aggregated 13F filings for Q1 2014.