ProShares UltraPro Short S&P 500
SPXU
20 hedge funds and large institutions have $8.62M invested in ProShares UltraPro Short S&P 500 in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 9 closing their positions.
200% more call options, than puts
Call options by funds: $7.88M | Put options by funds: $2.63M
0% less ownership
Funds ownership: 0% → 0% (-0%)
23% less funds holding
Funds holding: 26 → 20 (-6)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
64% less capital invested
Capital invested by funds: $24.3M → $8.62M (-$15.6M)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$1.44M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$619K |
| 3 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$366K |
| 4 |
SRC
Stone Run Capital
New York
|
+$366K |
| 5 |
Walleye Trading
New York
|
+$282K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AT
Allston Trading
Chicago,
Illinois
|
-$3.07M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.93M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$2.53M |
| 4 |
JT
Jump Trading
Chicago,
Illinois
|
-$1.28M |
| 5 |
AIA
Alerus Investment Advisors
Wayzata,
Minnesota
|
-$1.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIA
26
Alerus Investment Advisors
Wayzata,
Minnesota
| – | -$1.21M | -36 | Closed |
|
|
CCM
27
Cadence Capital Management
Boston,
Massachusetts
| – | -$1.04M | -31 | Closed |
|
28
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$457K | -14 | Closed |
|
29
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$338K | -12 | Closed |
|
|
FCH
30
Freestone Capital Holdings
Seattle,
Washington
| – | -$614K | -10 | Closed |
|
|
WG
31
Welch Group
Birmingham,
Alabama
| – | -$249K | -8 | Closed |
|
|
WA
32
WFG Advisors
Dallas,
Texas
| – | -$55K | -2 | Closed |
|
33
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$4K | – | – |
|
34
US Bancorp
Minneapolis,
Minnesota
| – | -$4K | – | – |
|
SPXU Hedge Fund Activity: Q4 2013 in Review
20 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro Short S&P 500 (SPXU) for Q4 2013, worth a combined $8.62M — down 64% from $24.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SPXU and 3 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Avalon Capital Management, adding an estimated $1.44M. The largest seller was Allston Trading, exiting entirely with an estimated $3.07M sold.
- 20 institutional investors held ProShares UltraPro Short S&P 500 (SPXU) as of Q4 2013, down from 26 in Q3 2013.
- Funds reported $8.62M of ProShares UltraPro Short S&P 500 stock for Q4 2013, down 64% quarter-over-quarter.
- 3 funds opened new ProShares UltraPro Short S&P 500 positions in Q4 2013 and 9 closed out, a net change of -6 holders.
- The largest ProShares UltraPro Short S&P 500 buyer in Q4 2013 was Avalon Capital Management, an estimated $1.44M added.
- The largest ProShares UltraPro Short S&P 500 seller in Q4 2013 was Allston Trading, an estimated $3.07M sold.
Based on aggregated 13F filings for Q4 2013.