ProShares UltraPro Short S&P 500
SPXU
26 hedge funds and large institutions have $23.6M invested in ProShares UltraPro Short S&P 500 in 2014 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 13 closing their positions.
114% more call options, than puts
Call options by funds: $33M | Put options by funds: $15.4M
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
0.01% less ownership
Funds ownership: 0.03% → 0.02% (-0.01%)
7% less funds holding
Funds holding: 28 → 26 (-2)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
58% less capital invested
Capital invested by funds: $56.9M → $23.6M (-$33.3M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$3.77M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.74M |
| 3 |
VF
Virtu Financial
New York
|
+$1.63M |
| 4 |
Goldman Sachs
New York
|
+$741K |
| 5 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
+$725K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$24.6M |
| 2 |
AGM
Alpine Global Management
New York
|
-$4.08M |
| 3 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
-$2.09M |
| 4 |
BIC
Beach Investment Counsel
West Conshohocken,
Pennsylvania
|
-$2.03M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.94M |
SPXU Hedge Fund Activity: Q4 2014 in Review
26 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro Short S&P 500 (SPXU) for Q4 2014, worth a combined $23.6M — down 58% from $56.9M a quarter earlier.
Fund positioning in SPXU was balanced in Q4 2014: 13 funds opened new positions, 13 closed out, 3 added to existing stakes and 4 trimmed.
The largest buyer was Tocqueville Asset Management, opening a new position worth an estimated $3.77M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $24.6M sold.
- 26 institutional investors held ProShares UltraPro Short S&P 500 (SPXU) as of Q4 2014, down from 28 in Q3 2014.
- Funds reported $23.6M of ProShares UltraPro Short S&P 500 stock for Q4 2014, down 58% quarter-over-quarter.
- 13 funds opened new ProShares UltraPro Short S&P 500 positions in Q4 2014 and 13 closed out, a net change of 0 holders.
- The largest ProShares UltraPro Short S&P 500 buyer in Q4 2014 was Tocqueville Asset Management, an estimated $3.77M added.
- The largest ProShares UltraPro Short S&P 500 seller in Q4 2014 was Neuberger Berman Group, an estimated $24.6M sold.
Based on aggregated 13F filings for Q4 2014.