ProShares UltraPro S&P 500
UPRO
23 hedge funds and large institutions have $60.7M invested in ProShares UltraPro S&P 500 in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 7 closing their positions.
52% more call options, than puts
Call options by funds: $46.5M | Put options by funds: $30.6M
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
10% more funds holding
Funds holding: 21 → 23 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
32% less capital invested
Capital invested by funds: $88.9M → $60.7M (-$28.2M)
43.03% less ownership
Funds ownership: 154.1% → 111.07% (-43%)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$2.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.59M |
| 3 |
Millennium Management
New York
|
+$1.21M |
| 4 |
RHBC
R.H. Bluestein & Co
Birmingham,
Michigan
|
+$940K |
| 5 |
Jane Street
New York
|
+$841K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$25.6M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$6.62M |
| 3 |
VF
Virtu Financial
New York
|
-$5.22M |
| 4 |
BFG
Beacon Financial Group
Dallas,
Texas
|
-$4.08M |
| 5 |
Barclays
London,
United Kingdom
|
-$4.05M |
UPRO Hedge Fund Activity: Q1 2014 in Review
23 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro S&P 500 (UPRO) for Q1 2014, worth a combined $60.7M — down 32% from $88.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new UPRO positions and 7 closed out — a net gain of 3 holders — while 4 added to existing stakes and 8 trimmed.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $2.2M. The largest seller was Goldman Sachs, cutting an estimated $25.6M.
- 23 institutional investors held ProShares UltraPro S&P 500 (UPRO) as of Q1 2014, up from 21 in Q4 2013.
- Funds reported $60.7M of ProShares UltraPro S&P 500 stock for Q1 2014, down 32% quarter-over-quarter.
- 10 funds opened new ProShares UltraPro S&P 500 positions in Q1 2014 and 7 closed out, a net change of +3 holders.
- The largest ProShares UltraPro S&P 500 buyer in Q1 2014 was Two Sigma Investments, an estimated $2.2M added.
- The largest ProShares UltraPro S&P 500 seller in Q1 2014 was Goldman Sachs, an estimated $25.6M sold.
Based on aggregated 13F filings for Q1 2014.