ProShares Ultra Bloomberg Crude Oil
UCO
32 hedge funds and large institutions have $17.7M invested in ProShares Ultra Bloomberg Crude Oil in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 10 closing their positions.
120% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 10
60% more funds holding
Funds holding: 20 → 32 (+12)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
0.4% less ownership
Funds ownership: 0.47% → 0.07% (-0.4%)
49% less call options, than puts
Call options by funds: $7.1M | Put options by funds: $14M
70% less capital invested
Capital invested by funds: $58.5M → $17.7M (-$40.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$9.48M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.98M |
| 3 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
+$1.47M |
| 4 |
THCM
Tipp Hill Capital Management
New York
|
+$1.4M |
| 5 |
KCM
Kempner Capital Management
Galveston,
Texas
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$16M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.98M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
-$1.52M |
| 5 |
FAM
Fred Alger Management
New York
|
-$1.26M |
UCO Hedge Fund Activity: Q4 2014 in Review
32 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Bloomberg Crude Oil (UCO) for Q4 2014, worth a combined $17.7M — down 70% from $58.5M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new UCO positions and 10 closed out — a net gain of 12 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $9.48M. The largest seller was Credit Suisse, cutting an estimated $16M.
- 32 institutional investors held ProShares Ultra Bloomberg Crude Oil (UCO) as of Q4 2014, up from 20 in Q3 2014.
- Funds reported $17.7M of ProShares Ultra Bloomberg Crude Oil stock for Q4 2014, down 70% quarter-over-quarter.
- 22 funds opened new ProShares Ultra Bloomberg Crude Oil positions in Q4 2014 and 10 closed out, a net change of +12 holders.
- The largest ProShares Ultra Bloomberg Crude Oil buyer in Q4 2014 was Goldman Sachs, an estimated $9.48M added.
- The largest ProShares Ultra Bloomberg Crude Oil seller in Q4 2014 was Credit Suisse, an estimated $16M sold.
Based on aggregated 13F filings for Q4 2014.