ProShares Ultra S&P500
100 hedge funds and large institutions have $893M invested in ProShares Ultra S&P500 in 2014 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 20 increasing their positions, 45 reducing their positions, and 15 closing their positions.
53% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 15
25% more call options, than puts
Call options by funds: $215M | Put options by funds: $171M
8% more funds holding
Funds holding: 93 → 100 (+7)
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
48% less capital invested
Capital invested by funds: $1.7B → $893M (-$810M)
56% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 45
258.42% less ownership
Funds ownership: 849.1% → 590.68% (-258%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$26.5M |
| 2 |
SCP
Syntal Capital Partners
Midland,
Texas
|
+$24.6M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$22.6M |
| 4 |
VF
Virtu Financial
New York
|
+$17.9M |
| 5 |
Two Sigma Investments
New York
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GHF
Good Harbor Financial
Barrington,
Illinois
|
-$738M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$69.8M |
| 3 |
PI
Placemark Investments
Chicago,
Illinois
|
-$53.8M |
| 4 |
VAM
Visionary Asset Management
Houston,
Texas
|
-$33.2M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$30.8M |
SSO Hedge Fund Activity: Q2 2014 in Review
100 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra S&P500 (SSO) for Q2 2014, worth a combined $893M — down 48% from $1.7B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SSO positions and 15 closed out — a net gain of 8 holders — while 20 added to existing stakes and 45 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $26.5M. The largest seller was Good Harbor Financial, cutting an estimated $738M.
- 100 institutional investors held ProShares Ultra S&P500 (SSO) as of Q2 2014, up from 93 in Q1 2014.
- Funds reported $893M of ProShares Ultra S&P500 stock for Q2 2014, down 48% quarter-over-quarter.
- 23 funds opened new ProShares Ultra S&P500 positions in Q2 2014 and 15 closed out, a net change of +8 holders.
- The largest ProShares Ultra S&P500 buyer in Q2 2014 was Goldman Sachs, an estimated $26.5M added.
- The largest ProShares Ultra S&P500 seller in Q2 2014 was Good Harbor Financial, an estimated $738M sold.
Based on aggregated 13F filings for Q2 2014.