ProShares Ultra Bloomberg Crude Oil
UCO
52 hedge funds and large institutions have $20.8M invested in ProShares Ultra Bloomberg Crude Oil in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 3 increasing their positions, 16 reducing their positions, and 10 closing their positions.
106% more call options, than puts
Call options by funds: $46.5M | Put options by funds: $22.5M
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
11% more funds holding
Funds holding: 47 → 52 (+5)
5.03% less ownership
Funds ownership: 8.52% → 3.48% (-5%)
67% less capital invested
Capital invested by funds: $63.4M → $20.8M (-$42.6M)
81% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$836K |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$727K |
| 3 |
SFG
Sovereign Financial Group
Stamford,
Connecticut
|
+$715K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$336K |
| 5 |
IAN
Integrated Advisors Network
Dallas,
Texas
|
+$309K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$27.5M |
| 2 |
SFA
Spectrum Financial Alliance
Nicholasville,
Kentucky
|
-$14.8M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.54M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
-$3.26M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$2.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFA
51
Spectrum Financial Alliance
Nicholasville,
Kentucky
| – | -$14.8M | -626,085 | Closed |
|
|
52
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$2.41M | -77,964 | -100% |
|
|
TMC
53
Trellus Management Company
Delray Beach,
Florida
| – | -$818K | -34,600 | Closed |
|
|
GS
54
GTS Securities
New York
| – | -$850K | -27,514 | Closed |
|
55
Bank of America
Charlotte,
North Carolina
| – | -$572K | -24,186 | Closed |
|
|
DOA
56
D'Orazio & Associates
Falls Church,
Virginia
| – | -$237K | -10,040 | Closed |
|
|
TSS
57
Two Sigma Securities
New York
| – | -$216K | -9,141 | Closed |
|
|
CG
58
Cutler Group
San Francisco,
California
| – | -$139K | -4,512 | Closed |
|
|
PH
59
Pinnacle Holdings
Tulsa,
Oklahoma
| – | -$40.5K | -1,711 | Closed |
|
60
US Bancorp
Minneapolis,
Minnesota
| – | -$4.73K | -200 | Closed |
|
61
UBS Group
Zurich,
Switzerland
| – | -$2.06K | -87 | Closed |
|
UCO Hedge Fund Activity: Q3 2023 in Review
52 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Bloomberg Crude Oil (UCO) for Q3 2023, worth a combined $20.8M — down 67% from $63.4M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new UCO positions and 10 closed out — a net gain of 5 holders — while 3 added to existing stakes and 16 trimmed.
The largest buyer was Flow Traders U.S., adding an estimated $836K. The largest seller was Jane Street, cutting an estimated $27.5M.
- 52 institutional investors held ProShares Ultra Bloomberg Crude Oil (UCO) as of Q3 2023, up from 47 in Q2 2023.
- Funds reported $20.8M of ProShares Ultra Bloomberg Crude Oil stock for Q3 2023, down 67% quarter-over-quarter.
- 15 funds opened new ProShares Ultra Bloomberg Crude Oil positions in Q3 2023 and 10 closed out, a net change of +5 holders.
- The largest ProShares Ultra Bloomberg Crude Oil buyer in Q3 2023 was Flow Traders U.S., an estimated $836K added.
- The largest ProShares Ultra Bloomberg Crude Oil seller in Q3 2023 was Jane Street, an estimated $27.5M sold.
Based on aggregated 13F filings for Q3 2023.