ProShares Ultra S&P500
124 hedge funds and large institutions have $241M invested in ProShares Ultra S&P500 in 2020 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 29 increasing their positions, 35 reducing their positions, and 35 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
46% more capital invested
Capital invested by funds: $165M → $241M (+$76M)
26% more call options, than puts
Call options by funds: $75.9M | Put options by funds: $60.2M
5.25% more ownership
Funds ownership: 79.17% → 84.42% (+5.2%)
6% less funds holding
Funds holding: 132 → 124 (-8)
17% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 35
23% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$10.7M |
| 2 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$10.4M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$6.76M |
| 4 |
EWM
Elite Wealth Management
Kirkland,
Washington
|
+$4.05M |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$9.74M |
| 2 |
SS
Sunbelt Securities
Houston,
Texas
|
-$5.43M |
| 3 |
SAM
SP Asset Management
Cupertino,
California
|
-$3.65M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.95M |
| 5 |
Bank of New York Mellon
New York
|
-$2.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$26K | -2,328 | Closed |
|
|
AC
152
AlphaCore Capital
La Jolla,
California
| – | -$26K | -2,304 | Closed |
|
|
IFAM
153
Institutional & Family Asset Management
Fort Collins,
Colorado
| – | -$5K | -416 | Closed |
|
|
FCA
154
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$4K | -320 | Closed |
|
|
RCA
155
Ranch Capital Advisors
Sarasota,
Florida
| – | -$3K | -272 | Closed |
|
|
EWM
156
EPG Wealth Management
Atlanta,
Georgia
| – | -$1K | -120 | Closed |
|
157
Fidelity Investments
Boston,
Massachusetts
| – | -$113 | -8 | -33% |
|
|
1IA
158
1834 Investment Advisors
Milwaukee,
Wisconsin
| – | +$226 | +16 | New |
|
SSO Hedge Fund Activity: Q2 2020 in Review
124 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra S&P500 (SSO) for Q2 2020, worth a combined $241M — up 46% from $165M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of SSO and 27 opened new positions — a net loss of 8 holders — while 35 trimmed existing stakes and 29 added.
The largest buyer was FormulaFolio Investments, opening a new position worth an estimated $10.7M. The largest seller was Tower Research Capital (TRC), cutting an estimated $9.74M.
- 124 institutional investors held ProShares Ultra S&P500 (SSO) as of Q2 2020, down from 132 in Q1 2020.
- Funds reported $241M of ProShares Ultra S&P500 stock for Q2 2020, up 46% quarter-over-quarter.
- 27 funds opened new ProShares Ultra S&P500 positions in Q2 2020 and 35 closed out, a net change of -8 holders.
- The largest ProShares Ultra S&P500 buyer in Q2 2020 was FormulaFolio Investments, an estimated $10.7M added.
- The largest ProShares Ultra S&P500 seller in Q2 2020 was Tower Research Capital (TRC), an estimated $9.74M sold.
Based on aggregated 13F filings for Q2 2020.