ProShares UltraPro S&P 500
UPRO
57 hedge funds and large institutions have $65M invested in ProShares UltraPro S&P 500 in 2020 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 21 closing their positions.
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
8% more funds holding
Funds holding: 53 → 57 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11.53% less ownership
Funds ownership: 25.05% → 13.52% (-12%)
26% less call options, than puts
Call options by funds: $43.7M | Put options by funds: $59.2M
68% less capital invested
Capital invested by funds: $204M → $65M (-$139M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Hoey Investments
Coatesville,
Pennsylvania
|
+$31.6M |
| 2 |
CA
Cumberland Advisors
Sarasota,
Florida
|
+$29.6M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$11.1M |
| 4 |
Jane Street
New York
|
+$7.5M |
| 5 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
+$6.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$61.8M |
| 2 |
AssetMark Inc
Concord,
California
|
-$56.3M |
| 3 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$6.48M |
| 4 |
F
F3Logic
Burnsville,
Minnesota
|
-$6.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.85M |
UPRO Hedge Fund Activity: Q1 2020 in Review
57 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro S&P 500 (UPRO) for Q1 2020, worth a combined $65M — down 68% from $204M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new UPRO positions and 21 closed out — a net gain of 6 holders — while 14 added to existing stakes and 11 trimmed.
The largest buyer was Hoey Investments, adding an estimated $31.6M. The largest seller was IMC Chicago, cutting an estimated $61.8M.
- 57 institutional investors held ProShares UltraPro S&P 500 (UPRO) as of Q1 2020, up from 53 in Q4 2019.
- Funds reported $65M of ProShares UltraPro S&P 500 stock for Q1 2020, down 68% quarter-over-quarter.
- 27 funds opened new ProShares UltraPro S&P 500 positions in Q1 2020 and 21 closed out, a net change of +6 holders.
- The largest ProShares UltraPro S&P 500 buyer in Q1 2020 was Hoey Investments, an estimated $31.6M added.
- The largest ProShares UltraPro S&P 500 seller in Q1 2020 was IMC Chicago, an estimated $61.8M sold.
Based on aggregated 13F filings for Q1 2020.