ProShares Ultra Bloomberg Crude Oil
UCO
58 hedge funds and large institutions have $63.7M invested in ProShares Ultra Bloomberg Crude Oil in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 17 closing their positions.
65% more call options, than puts
Call options by funds: $68.6M | Put options by funds: $41.5M
1.67% less ownership
Funds ownership: 23.43% → 21.76% (-1.7%)
13% less funds holding
Funds holding: 67 → 58 (-9)
31% less capital invested
Capital invested by funds: $92.9M → $63.7M (-$29.1M)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$24.5M |
| 2 |
CG
Cutler Group
San Francisco,
California
|
+$16M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$1.37M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$1.19M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$673K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$47.7M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$8.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$6.74M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$2.61M |
| 5 |
XS
XR Securities
Chicago,
Illinois
|
-$2.05M |
UCO Hedge Fund Activity: Q3 2020 in Review
58 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Bloomberg Crude Oil (UCO) for Q3 2020, worth a combined $63.7M — down 31% from $92.9M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of UCO and 8 opened new positions — a net loss of 9 holders — while 15 trimmed existing stakes and 10 added.
The largest buyer was Jane Street, adding an estimated $24.5M. The largest seller was Susquehanna International Group, cutting an estimated $47.7M.
- 58 institutional investors held ProShares Ultra Bloomberg Crude Oil (UCO) as of Q3 2020, down from 67 in Q2 2020.
- Funds reported $63.7M of ProShares Ultra Bloomberg Crude Oil stock for Q3 2020, down 31% quarter-over-quarter.
- 8 funds opened new ProShares Ultra Bloomberg Crude Oil positions in Q3 2020 and 17 closed out, a net change of -9 holders.
- The largest ProShares Ultra Bloomberg Crude Oil buyer in Q3 2020 was Jane Street, an estimated $24.5M added.
- The largest ProShares Ultra Bloomberg Crude Oil seller in Q3 2020 was Susquehanna International Group, an estimated $47.7M sold.
Based on aggregated 13F filings for Q3 2020.