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ProShares Ultra Bloomberg Crude Oil
UCO

36 hedge funds and large institutions have $37.5M invested in ProShares Ultra Bloomberg Crude Oil in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 15 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.21% less ownership

Funds ownership: 0.52% → 0.31% (-0.21%)

2% less call options, than puts

Call options by funds: $44.6M | Put options by funds: $45.5M

10% less funds holding

Funds holding: 40 → 36 (-4)

17% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 12

44% less capital invested

Capital invested by funds: $66.5M → $37.5M (-$29M)

53% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 15

Holders
36
Holders Change
-4
Holders Change %
-10%
% of All Funds
0.9%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
7
Reduced
15
Closed
12
Calls
$44.6M
Puts
$45.5M
Net Calls
-$882K
Net Calls Change
-$15.6M

Top Buyers

Rank Fund Capital Flow
1
VF
Virtu Financial
New York
+$3.1M
2
Morgan Stanley
Morgan Stanley
New York
+$473K
3
TMC
Trellus Management Company
Florida
+$321K
4
ID
Integral Derivatives
New York
+$147K
5
VKH
Virtu KCG Holdings
New York
+$146K

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$11.7M
2
Jane Street
Jane Street
New York
-$7.18M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$4.31M
4
Bank of America
Bank of America
North Carolina
-$3.87M
5
RIA
RPG Investment Advisory
California
-$2.27M
Name Holding Trade Value Shares
Change 		Change in
Stake
PNC Financial Services Group
26
PNC Financial Services Group
Pennsylvania
$13K +$11.7K +89 New
LTFS
27
Ladenburg Thalmann Financial Services
Florida
$12K +$2.63K +20 +30%
CAPTRUST Financial Advisors
28
CAPTRUST Financial Advisors
North Carolina
$6K +$5.65K +43 New
Barclays
29
Barclays
United Kingdom
$5K -$1.84K -14 -26%
EDRH
30
Edmond de Rothschild Holding
Switzerland
$5K – – –
YWP
31
YorkBridge Wealth Partners
New York
$3K +$3.15K +24 New
FMA
32
FNY Managed Accounts
New York
$2.92K +$2.63K +20 New
TRCT
33
Tower Research Capital (TRC)
New York
$2K -$1.05K -8 -33%
PVH
34
Psagot Value Holdings
Israel
$2K – – –
SFG
35
SevenBridge Financial Group
Pennsylvania
$2K – – –
CG
36
Cutler Group
California
$1K -$770K -5,862 -100%
ED
37
Exane Derivatives
France
$12 – – –
RIA
38
RPG Investment Advisory
California
– -$2.27M -17,501 Closed
Parallax Volatility Advisers
39
Parallax Volatility Advisers
California
– -$1.36M -10,448 Closed
Wolverine Trading
40
Wolverine Trading
Illinois
– -$948K -7,402 Closed
CA
41
Commerzbank Aktiengesellschaft
Germany
– -$311K -2,396 Closed
JMPWA
42
JP Morgan Private Wealth Advisors
California
– -$284K -2,187 Closed
KA
43
Kovack Advisors
Florida
– -$235K -1,814 Closed
CS
44
Credit Suisse
Switzerland
– -$190K -1,461 Closed
Citadel Advisors
45
Citadel Advisors
Florida
– -$172K -1,311 Closed
SG Americas Securities
46
SG Americas Securities
New York
– -$146K -1,123 Closed
Simplex Trading
47
Simplex Trading
Illinois
– -$116K -899 Closed
MC
48
Moors & Cabot
Massachusetts
– -$106K -810 Closed
WA
49
WFG Advisors
Texas
– -$53K -410 Closed
1
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UCO Hedge Fund Activity: Q4 2016 in Review

36 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Bloomberg Crude Oil (UCO) for Q4 2016, worth a combined $37.5M — down 44% from $66.5M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of UCO and 10 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 7 added.

The largest buyer was Virtu Financial, opening a new position worth an estimated $3.1M. The largest seller was Susquehanna International Group, cutting an estimated $11.7M.

  • 36 institutional investors held ProShares Ultra Bloomberg Crude Oil (UCO) as of Q4 2016, down from 40 in Q3 2016.
  • Funds reported $37.5M of ProShares Ultra Bloomberg Crude Oil stock for Q4 2016, down 44% quarter-over-quarter.
  • 10 funds opened new ProShares Ultra Bloomberg Crude Oil positions in Q4 2016 and 12 closed out, a net change of -2 holders.
  • The largest ProShares Ultra Bloomberg Crude Oil buyer in Q4 2016 was Virtu Financial, an estimated $3.1M added.
  • The largest ProShares Ultra Bloomberg Crude Oil seller in Q4 2016 was Susquehanna International Group, an estimated $11.7M sold.

Based on aggregated 13F filings for Q4 2016.