ProShares Ultra Bloomberg Crude Oil
UCO
47 hedge funds and large institutions have $48.1M invested in ProShares Ultra Bloomberg Crude Oil in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 13 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
10% less funds holding
Funds holding: 52 → 47 (-5)
13.13% less ownership
Funds ownership: 18.49% → 5.36% (-13%)
28% less call options, than puts
Call options by funds: $29M | Put options by funds: $40.1M
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
71% less capital invested
Capital invested by funds: $164M → $48.1M (-$116M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
+$3.59M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$1.74M |
| 3 |
SFA
Spectrum Financial Alliance
Nicholasville,
Kentucky
|
+$1.01M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$926K |
| 5 |
Morgan Stanley
New York
|
+$379K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
L1 Capital
Melbourne VIC 3000,
Australia
|
-$88.2M |
| 2 |
Jane Street
New York
|
-$17.3M |
| 3 |
HF
HRT Financial
New York
|
-$6.55M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.15M |
| 5 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
-$818K |
UCO Hedge Fund Activity: Q1 2023 in Review
47 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Bloomberg Crude Oil (UCO) for Q1 2023, worth a combined $48.1M — down 71% from $164M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of UCO and 8 opened new positions — a net loss of 5 holders — while 9 trimmed existing stakes and 13 added.
The largest buyer was Jump Financial, opening a new position worth an estimated $3.59M. The largest seller was L1 Capital, exiting entirely with an estimated $88.2M sold.
- 47 institutional investors held ProShares Ultra Bloomberg Crude Oil (UCO) as of Q1 2023, down from 52 in Q4 2022.
- Funds reported $48.1M of ProShares Ultra Bloomberg Crude Oil stock for Q1 2023, down 71% quarter-over-quarter.
- 8 funds opened new ProShares Ultra Bloomberg Crude Oil positions in Q1 2023 and 13 closed out, a net change of -5 holders.
- The largest ProShares Ultra Bloomberg Crude Oil buyer in Q1 2023 was Jump Financial, an estimated $3.59M added.
- The largest ProShares Ultra Bloomberg Crude Oil seller in Q1 2023 was L1 Capital, an estimated $88.2M sold.
Based on aggregated 13F filings for Q1 2023.