ProShares Ultra S&P500
102 hedge funds and large institutions have $393M invested in ProShares Ultra S&P500 in 2014 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 26 increasing their positions, 34 reducing their positions, and 16 closing their positions.
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
6% more funds holding
Funds holding: 96 → 102 (+6)
12% less call options, than puts
Call options by funds: $169M | Put options by funds: $193M
24% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 34
24% less capital invested
Capital invested by funds: $518M → $393M (-$125M)
129.36% less ownership
Funds ownership: 396.26% → 266.9% (-129%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$16.4M |
| 2 |
LSA
L & S Advisors
Los Angeles,
California
|
+$13.1M |
| 3 |
VF
Virtu Financial
New York
|
+$12.2M |
| 4 |
LPL Financial
San Diego,
California
|
+$8.85M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$8.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GHF
Good Harbor Financial
Barrington,
Illinois
|
-$129M |
| 2 |
Two Sigma Investments
New York
|
-$63.6M |
| 3 |
Goldman Sachs
New York
|
-$19.3M |
| 4 |
Two Sigma Advisers
New York
|
-$17.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.5M |
SSO Hedge Fund Activity: Q4 2014 in Review
102 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra S&P500 (SSO) for Q4 2014, worth a combined $393M — down 24% from $518M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SSO positions and 16 closed out — a net gain of 8 holders — while 26 added to existing stakes and 34 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $16.4M. The largest seller was Good Harbor Financial, cutting an estimated $129M.
- 102 institutional investors held ProShares Ultra S&P500 (SSO) as of Q4 2014, up from 96 in Q3 2014.
- Funds reported $393M of ProShares Ultra S&P500 stock for Q4 2014, down 24% quarter-over-quarter.
- 24 funds opened new ProShares Ultra S&P500 positions in Q4 2014 and 16 closed out, a net change of +8 holders.
- The largest ProShares Ultra S&P500 buyer in Q4 2014 was Susquehanna International Group, an estimated $16.4M added.
- The largest ProShares Ultra S&P500 seller in Q4 2014 was Good Harbor Financial, an estimated $129M sold.
Based on aggregated 13F filings for Q4 2014.