ProShares UltraPro Short S&P 500
SPXU
28 hedge funds and large institutions have $56.9M invested in ProShares UltraPro Short S&P 500 in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 15 closing their positions.
236% more call options, than puts
Call options by funds: $43.2M | Put options by funds: $12.8M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% less ownership
Funds ownership: 0.03% → 0.03% (-0%)
13% less funds holding
Funds holding: 32 → 28 (-4)
14% less capital invested
Capital invested by funds: $66M → $56.9M (-$9.05M)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
+$10.3M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.96M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$2.13M |
| 4 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
+$1.92M |
| 5 |
BIC
Beach Investment Counsel
West Conshohocken,
Pennsylvania
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
-$9.62M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
-$5.8M |
| 3 |
Neuberger Berman Group
New York
|
-$4.8M |
| 4 |
MP
Manifold Partners
San Francisco,
California
|
-$4M |
| 5 |
JT
Jump Trading
Chicago,
Illinois
|
-$1.32M |
SPXU Hedge Fund Activity: Q3 2014 in Review
28 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro Short S&P 500 (SPXU) for Q3 2014, worth a combined $56.9M — down 14% from $66M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SPXU and 11 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Valentine Capital Asset Management, opening a new position worth an estimated $10.3M. The largest seller was Alpine Global Management, cutting an estimated $9.62M.
- 28 institutional investors held ProShares UltraPro Short S&P 500 (SPXU) as of Q3 2014, down from 32 in Q2 2014.
- Funds reported $56.9M of ProShares UltraPro Short S&P 500 stock for Q3 2014, down 14% quarter-over-quarter.
- 11 funds opened new ProShares UltraPro Short S&P 500 positions in Q3 2014 and 15 closed out, a net change of -4 holders.
- The largest ProShares UltraPro Short S&P 500 buyer in Q3 2014 was Valentine Capital Asset Management, an estimated $10.3M added.
- The largest ProShares UltraPro Short S&P 500 seller in Q3 2014 was Alpine Global Management, an estimated $9.62M sold.
Based on aggregated 13F filings for Q3 2014.