ProShares Ultra Utilities
12 hedge funds and large institutions have $4.18M invested in ProShares Ultra Utilities in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 6 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
25% less funds holding
Funds holding: 16 → 12 (-4)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
59.05% less ownership
Funds ownership: 186.67% → 127.62% (-59%)
60% less capital invested
Capital invested by funds: $10.5M → $4.18M (-$6.36M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$530K |
| 2 |
VF
Virtu Financial
New York
|
+$441K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$287K |
| 4 |
Jane Street
New York
|
+$89.5K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$25.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.95M |
| 2 |
VEA
Virtus ETF Advisers
New York
|
-$1.11M |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$883K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$60K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$43K |
UPW Hedge Fund Activity: Q1 2018 in Review
12 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Utilities (UPW) for Q1 2018, worth a combined $4.18M — down 60% from $10.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of UPW and 3 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $530K. The largest seller was Envestnet Asset Management, cutting an estimated $3.95M.
- 12 institutional investors held ProShares Ultra Utilities (UPW) as of Q1 2018, down from 16 in Q4 2017.
- Funds reported $4.18M of ProShares Ultra Utilities stock for Q1 2018, down 60% quarter-over-quarter.
- 3 funds opened new ProShares Ultra Utilities positions in Q1 2018 and 6 closed out, a net change of -3 holders.
- The largest ProShares Ultra Utilities buyer in Q1 2018 was SG Americas Securities, an estimated $530K added.
- The largest ProShares Ultra Utilities seller in Q1 2018 was Envestnet Asset Management, an estimated $3.95M sold.
Based on aggregated 13F filings for Q1 2018.