ProShares Short 7-10 Year Treasury
13 hedge funds and large institutions have $11.7M invested in ProShares Short 7-10 Year Treasury in 2014 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 5 closing their positions.
5.84% less ownership
Funds ownership: 25.46% → 19.62% (-5.8%)
19% less funds holding
Funds holding: 16 → 13 (-3)
35% less capital invested
Capital invested by funds: $18.1M → $11.7M (-$6.39M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$686K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$280K |
| 3 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
+$256K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$202K |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
+$31 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MDSL
M.D. Sass LLC
New York
|
-$5.8M |
| 2 |
IPC
Independent Portfolio Consultants
Boca Raton,
Florida
|
-$646K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$338K |
| 4 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
-$306K |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$245K |
TBX Hedge Fund Activity: Q4 2014 in Review
13 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in ProShares Short 7-10 Year Treasury (TBX) for Q4 2014, worth a combined $11.7M — down 35% from $18.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TBX and 3 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Royal Bank of Canada, adding an estimated $686K. The largest seller was M.D. Sass LLC, exiting entirely with an estimated $5.8M sold.
- 13 institutional investors held ProShares Short 7-10 Year Treasury (TBX) as of Q4 2014, down from 16 in Q3 2014.
- Funds reported $11.7M of ProShares Short 7-10 Year Treasury stock for Q4 2014, down 35% quarter-over-quarter.
- 3 funds opened new ProShares Short 7-10 Year Treasury positions in Q4 2014 and 5 closed out, a net change of -2 holders.
- The largest ProShares Short 7-10 Year Treasury buyer in Q4 2014 was Royal Bank of Canada, an estimated $686K added.
- The largest ProShares Short 7-10 Year Treasury seller in Q4 2014 was M.D. Sass LLC, an estimated $5.8M sold.
Based on aggregated 13F filings for Q4 2014.