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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$3.1M |
| 2 |
Morgan Stanley
New York
|
+$473K |
| 3 |
TMC
Trellus Management Company
Delray Beach,
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
Bala Cynwyd,
Pennsylvania
|
-$11.7M |
| 2 |
Jane Street
New York
|
-$7.18M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.31M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.87M |
| 5 |
RIA
RPG Investment Advisory
Pleasanton,
California
|
-$2.27M |
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.