ProShares Ultra S&P500
123 hedge funds and large institutions have $327M invested in ProShares Ultra S&P500 in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 34 increasing their positions, 28 reducing their positions, and 11 closing their positions.
118% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 11
59% more capital invested
Capital invested by funds: $206M → $327M (+$121M)
39.79% more ownership
Funds ownership: 69.67% → 109.46% (+40%)
21% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 28
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
11% more funds holding
Funds holding: 111 → 123 (+12)
37% less call options, than puts
Call options by funds: $126M | Put options by funds: $200M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$33.2M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$21M |
| 3 |
HCM
Howard Capital Management
Roswell,
Georgia
|
+$12M |
| 4 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
+$8.22M |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$7.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$7.68M |
| 2 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
-$5.44M |
| 3 |
Goldman Sachs
New York
|
-$5.27M |
| 4 |
Jane Street
New York
|
-$3.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$680K | -51,576 | Closed |
|
|
WSTAM
127
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$657K | -49,808 | Closed |
|
|
CIAS
128
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$354K | -26,824 | Closed |
|
|
WCM
129
Weatherstone Capital Management
Denver,
Colorado
| – | -$316K | -23,952 | Closed |
|
|
HF
130
HRT Financial
New York
| – | -$240K | -18,248 | Closed |
|
|
AA
131
Altman Advisors
Chicago,
Illinois
| – | -$204K | -15,456 | Closed |
|
|
FANJ
132
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$21K | -1,600 | Closed |
|
|
APP
133
Avantax Planning Partners
Dubuque,
Iowa
| – | -$11K | -800 | Closed |
|
|
HA
134
Hays Advisory
Franklin,
Tennessee
| – | -$4K | -296 | Closed |
|
SSO Hedge Fund Activity: Q2 2018 in Review
123 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra S&P500 (SSO) for Q2 2018, worth a combined $327M — up 59% from $206M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SSO positions and 11 closed out — a net gain of 13 holders — while 34 added to existing stakes and 28 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $33.2M. The largest seller was Tower Research Capital (TRC), cutting an estimated $7.68M.
- 123 institutional investors held ProShares Ultra S&P500 (SSO) as of Q2 2018, up from 111 in Q1 2018.
- Funds reported $327M of ProShares Ultra S&P500 stock for Q2 2018, up 59% quarter-over-quarter.
- 24 funds opened new ProShares Ultra S&P500 positions in Q2 2018 and 11 closed out, a net change of +13 holders.
- The largest ProShares Ultra S&P500 buyer in Q2 2018 was AssetMark Inc, an estimated $33.2M added.
- The largest ProShares Ultra S&P500 seller in Q2 2018 was Tower Research Capital (TRC), an estimated $7.68M sold.
Based on aggregated 13F filings for Q2 2018.