ProShares Ultra S&P500
SSO
134 hedge funds and large institutions have $288M invested in ProShares Ultra S&P500 in 2019 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 28 increasing their positions, 40 reducing their positions, and 30 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
33% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 30
27% more capital invested
Capital invested by funds: $227M → $288M (+$61M)
13.38% more ownership
Funds ownership: 84.89% → 98.28% (+13%)
6% more funds holding
Funds holding: 126 → 134 (+8)
30% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 40
55% less call options, than puts
Call options by funds: $51M | Put options by funds: $114M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
+$23.9M |
| 2 |
AssetMark Inc
Concord,
California
|
+$21.3M |
| 3 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$15.8M |
| 4 |
TI
TTP Investments
San Jose,
California
|
+$7.91M |
| 5 |
PWG
Private Wealth Group
Tampa,
Florida
|
+$6.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$20.8M |
| 2 |
Bank of New York Mellon
New York
|
-$15.7M |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$5.95M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$5.7M |
| 5 |
Goldman Sachs
New York
|
-$5.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFW
151
Fusion Family Wealth
Woodbury,
New York
| – | -$109K | -9,416 | Closed |
|
|
LC
152
Lindbrook Capital
Calabasas,
California
| – | -$107K | -9,248 | Closed |
|
|
OWA
153
Outlook Wealth Advisors
Shenandoah,
Texas
| – | -$671K | -5,784 | Closed |
|
|
CA
154
Claro Advisors
Boston,
Massachusetts
| – | -$51K | -3,200 | Closed |
|
|
PCM
155
Prelude Capital Management
New York
| – | -$28K | -2,400 | Closed |
|
|
DWM
156
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$19K | -1,608 | Closed |
|
|
BWL
157
Bogart Wealth LLC
Mclean,
Virginia
| – | -$18K | -1,600 | Closed |
|
|
RCG
158
Ruggie Capital Group
Tavares,
Florida
| – | -$8K | -680 | Closed |
|
|
AIM
159
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$6K | -464 | Closed |
|
|
LF
160
Lee Financial
Dallas,
Texas
| – | -$5K | -400 | Closed |
|
|
HIIFS
161
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
| – | -$5K | -392 | Closed |
|
162
Fidelity Investments
Boston,
Massachusetts
| – | -$109 | -8 | -50% |
|
SSO Hedge Fund Activity: Q1 2019 in Review
134 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra S&P500 (SSO) for Q1 2019, worth a combined $288M — up 27% from $227M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new SSO positions and 30 closed out — a net gain of 10 holders — while 28 added to existing stakes and 40 trimmed.
The largest buyer was Tuttle Capital Management, opening a new position worth an estimated $23.9M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $20.8M.
- 134 institutional investors held ProShares Ultra S&P500 (SSO) as of Q1 2019, up from 126 in Q4 2018.
- Funds reported $288M of ProShares Ultra S&P500 stock for Q1 2019, up 27% quarter-over-quarter.
- 40 funds opened new ProShares Ultra S&P500 positions in Q1 2019 and 30 closed out, a net change of +10 holders.
- The largest ProShares Ultra S&P500 buyer in Q1 2019 was Tuttle Capital Management, an estimated $23.9M added.
- The largest ProShares Ultra S&P500 seller in Q1 2019 was Thrivent Financial for Lutherans, an estimated $20.8M sold.
Based on aggregated 13F filings for Q1 2019.