ProShares Ultra S&P500
96 hedge funds and large institutions have $518M invested in ProShares Ultra S&P500 in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 42 reducing their positions, and 20 closing their positions.
4% less funds holding
Funds holding: 100 → 96 (-4)
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
29% less call options, than puts
Call options by funds: $171M | Put options by funds: $242M
42% less capital invested
Capital invested by funds: $893M → $518M (-$375M)
55% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 42
194.42% less ownership
Funds ownership: 590.68% → 396.26% (-194%)
Top Buyers
| 1 |
Two Sigma Investments
New York
|
+$37.9M |
| 2 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
+$32.8M |
| 3 |
Two Sigma Advisers
New York
|
+$18.1M |
| 4 |
SCP
Syntal Capital Partners
Midland,
Texas
|
+$5.21M |
| 5 |
Millennium Management
New York
|
+$4.33M |
Top Sellers
| 1 |
GHF
Good Harbor Financial
Barrington,
Illinois
|
-$275M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$50.7M |
| 3 |
Goldman Sachs
New York
|
-$31.8M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$24.1M |
| 5 |
PI
Placemark Investments
Chicago,
Illinois
|
-$19.3M |
SSO Hedge Fund Activity: Q3 2014 in Review
96 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra S&P500 (SSO) for Q3 2014, worth a combined $518M — down 42% from $893M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SSO and 16 opened new positions — a net loss of 4 holders — while 42 trimmed existing stakes and 19 added.
The largest buyer was Two Sigma Investments, adding an estimated $37.9M. The largest seller was Good Harbor Financial, cutting an estimated $275M.
- 96 institutional investors held ProShares Ultra S&P500 (SSO) as of Q3 2014, down from 100 in Q2 2014.
- Funds reported $518M of ProShares Ultra S&P500 stock for Q3 2014, down 42% quarter-over-quarter.
- 16 funds opened new ProShares Ultra S&P500 positions in Q3 2014 and 20 closed out, a net change of -4 holders.
- The largest ProShares Ultra S&P500 buyer in Q3 2014 was Two Sigma Investments, an estimated $37.9M added.
- The largest ProShares Ultra S&P500 seller in Q3 2014 was Good Harbor Financial, an estimated $275M sold.
Based on aggregated 13F filings for Q3 2014.