ProShares Ultra S&P500
81 hedge funds and large institutions have $110M invested in ProShares Ultra S&P500 in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 32 reducing their positions, and 24 closing their positions.
13% less funds holding
Funds holding: 93 → 81 (-12)
15% less call options, than puts
Call options by funds: $108M | Put options by funds: $126M
46% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 24
49% less capital invested
Capital invested by funds: $217M → $110M (-$107M)
50% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 32
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
117.02% less ownership
Funds ownership: 168.86% → 51.83% (-117%)
Top Buyers
| 1 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$2.68M |
| 2 |
PA
Perceptive Advisors
New York
|
+$2.01M |
| 3 |
Goldman Sachs
New York
|
+$1.14M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.08M |
| 5 |
Jane Street
New York
|
+$817K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Citadel Advisors
Miami,
Florida
| – | -$4.02K | -480 | Closed |
|
|
RPG
102
Risk Paradigm Group
Austin,
Texas
| – | -$3.88K | -480 | Closed |
|
|
CPA
103
Cowen Prime Advisors
New York
| – | -$3K | -400 | Closed |
|
|
SAM
104
Shamrock Asset Management
Dallas,
Texas
| – | -$2K | -240 | Closed |
|
SSO Hedge Fund Activity: Q2 2015 in Review
81 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra S&P500 (SSO) for Q2 2015, worth a combined $110M — down 49% from $217M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of SSO and 13 opened new positions — a net loss of 11 holders — while 32 trimmed existing stakes and 16 added.
The largest buyer was Ardsley Advisory Partners, opening a new position worth an estimated $2.68M. The largest seller was Tuttle Capital Management, cutting an estimated $29.6M.
- 81 institutional investors held ProShares Ultra S&P500 (SSO) as of Q2 2015, down from 93 in Q1 2015.
- Funds reported $110M of ProShares Ultra S&P500 stock for Q2 2015, down 49% quarter-over-quarter.
- 13 funds opened new ProShares Ultra S&P500 positions in Q2 2015 and 24 closed out, a net change of -11 holders.
- The largest ProShares Ultra S&P500 buyer in Q2 2015 was Ardsley Advisory Partners, an estimated $2.68M added.
- The largest ProShares Ultra S&P500 seller in Q2 2015 was Tuttle Capital Management, an estimated $29.6M sold.
Based on aggregated 13F filings for Q2 2015.