ProShares UltraPro Short S&P 500
SPXU
26 hedge funds and large institutions have $24.3M invested in ProShares UltraPro Short S&P 500 in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 10 closing their positions.
179% more call options, than puts
Call options by funds: $14.9M | Put options by funds: $5.35M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.01% less ownership
Funds ownership: 0.01% → 0% (-0.01%)
10% less funds holding
Funds holding: 29 → 26 (-3)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
71% less capital invested
Capital invested by funds: $84.3M → $24.3M (-$60M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AT
Allston Trading
Chicago,
Illinois
|
+$3.17M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$2.56M |
| 3 |
Morgan Stanley
New York
|
+$683K |
| 4 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$478K |
| 5 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$24.8M |
| 2 |
Goldman Sachs
New York
|
-$10.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.58M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.67M |
| 5 |
Jane Street
New York
|
-$4.64M |
SPXU Hedge Fund Activity: Q3 2013 in Review
26 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro Short S&P 500 (SPXU) for Q3 2013, worth a combined $24.3M — down 71% from $84.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SPXU and 7 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Allston Trading, opening a new position worth an estimated $3.17M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $24.8M sold.
- 26 institutional investors held ProShares UltraPro Short S&P 500 (SPXU) as of Q3 2013, down from 29 in Q2 2013.
- Funds reported $24.3M of ProShares UltraPro Short S&P 500 stock for Q3 2013, down 71% quarter-over-quarter.
- 7 funds opened new ProShares UltraPro Short S&P 500 positions in Q3 2013 and 10 closed out, a net change of -3 holders.
- The largest ProShares UltraPro Short S&P 500 buyer in Q3 2013 was Allston Trading, an estimated $3.17M added.
- The largest ProShares UltraPro Short S&P 500 seller in Q3 2013 was Neuberger Berman Group, an estimated $24.8M sold.
Based on aggregated 13F filings for Q3 2013.