ProShares UltraShort Materials
7 hedge funds and large institutions have $368K invested in ProShares UltraShort Materials in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
40% more funds holding
Funds holding: 5 → 7 (+2)
1.42% more ownership
Funds ownership: 2.65% → 4.07% (+1.4%)
4% less capital invested
Capital invested by funds: $385K → $368K (-$17.2K)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$137K |
| 2 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$120K |
| 3 |
Jane Street
New York
|
+$100K |
| 4 |
Morgan Stanley
New York
|
+$2.46K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$960 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$212K |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$101K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$29.4K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$21.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citadel Advisors
Miami,
Florida
| $135K | +$137K | +3,560 | New |
|
|
MA
2
Mutual Advisors
Omaha,
Nebraska
| $118K | +$120K | +3,126 | New |
|
|
3
Jane Street
New York
| $98.9K | +$100K | +2,614 | New |
|
|
4
UBS Group
Zurich,
Switzerland
| $7.38K | -$29.4K | -766 | -80% |
|
|
5
Simplex Trading
Chicago,
Illinois
| $6K | -$21.7K | -565 | -76% |
|
|
6
Morgan Stanley
New York
| $2.76K | +$2.46K | +64 | +711% |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$212K | -4,961 | Closed |
|
|
CS
8
Credit Suisse
Zurich,
Switzerland
| – | -$101K | -2,351 | Closed |
|
|
CG
9
Cutler Group
San Francisco,
California
| – | +$960 | +25 | New |
|
SMN Hedge Fund Activity: Q1 2023 in Review
7 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Materials (SMN) for Q1 2023, worth a combined $368K — down 4.5% from $385K a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SMN positions and 2 closed out — a net gain of 2 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $137K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $212K sold.
- 7 institutional investors held ProShares UltraShort Materials (SMN) as of Q1 2023, up from 5 in Q4 2022.
- Funds reported $368K of ProShares UltraShort Materials stock for Q1 2023, down 4.5% quarter-over-quarter.
- 4 funds opened new ProShares UltraShort Materials positions in Q1 2023 and 2 closed out, a net change of +2 holders.
- The largest ProShares UltraShort Materials buyer in Q1 2023 was Citadel Advisors, an estimated $137K added.
- The largest ProShares UltraShort Materials seller in Q1 2023 was Susquehanna International Group, an estimated $212K sold.
Based on aggregated 13F filings for Q1 2023.