ProShares Ultra S&P500
79 hedge funds and large institutions have $139M invested in ProShares Ultra S&P500 in 2015 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 18 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
26% more capital invested
Capital invested by funds: $110M → $139M (+$29M)
15.23% more ownership
Funds ownership: 51.83% → 67.06% (+15%)
0% more call options, than puts
Call options by funds: $97.7M | Put options by funds: $97.5M
2% less funds holding
Funds holding: 81 → 79 (-2)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$28M |
| 2 |
VF
Virtu Financial
New York
|
+$15.9M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$6.98M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.43M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$4.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
-$13.9M |
| 2 |
GC
Gruss & Co
West Palm Beach,
Florida
|
-$3.87M |
| 3 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$2.62M |
| 4 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$2.17M |
| 5 |
PA
Perceptive Advisors
New York
|
-$1.87M |
SSO Hedge Fund Activity: Q3 2015 in Review
79 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra S&P500 (SSO) for Q3 2015, worth a combined $139M — up 26% from $110M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of SSO and 16 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 23 added.
The largest buyer was Susquehanna International Group, adding an estimated $28M. The largest seller was Tuttle Capital Management, cutting an estimated $13.9M.
- 79 institutional investors held ProShares Ultra S&P500 (SSO) as of Q3 2015, down from 81 in Q2 2015.
- Funds reported $139M of ProShares Ultra S&P500 stock for Q3 2015, up 26% quarter-over-quarter.
- 16 funds opened new ProShares Ultra S&P500 positions in Q3 2015 and 18 closed out, a net change of -2 holders.
- The largest ProShares Ultra S&P500 buyer in Q3 2015 was Susquehanna International Group, an estimated $28M added.
- The largest ProShares Ultra S&P500 seller in Q3 2015 was Tuttle Capital Management, an estimated $13.9M sold.
Based on aggregated 13F filings for Q3 2015.