ProShares Ultra 7-10 Year Treasury
12 hedge funds and large institutions have $54.8M invested in ProShares Ultra 7-10 Year Treasury in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 21 closing their positions.
258.48% more ownership
Funds ownership: 92.34% → 350.81% (+258%)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
59% less funds holding
Funds holding: 29 → 12 (-17)
81% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 21
83% less funds holding in top 10
Funds holding in top 10: 6 → 1 (-5)
93% less capital invested
Capital invested by funds: $780M → $54.8M (-$725M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
+$29.1M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$2.03M |
| 3 |
Goldman Sachs
New York
|
+$1.87M |
| 4 |
Jane Street
New York
|
+$499K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$91.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GHF
Good Harbor Financial
Barrington,
Illinois
|
-$554M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$63.2M |
| 3 |
PI
Placemark Investments
Chicago,
Illinois
|
-$31.7M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$22.1M |
| 5 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$20.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$748K | -14,398 | Closed |
|
|
DS
27
DRW Securities
Chicago,
Illinois
| – | -$512K | -9,663 | Closed |
|
|
AAS
28
Annex Advisory Services
Brookfield,
Wisconsin
| – | -$316K | -6,091 | Closed |
|
|
CAM
29
CMT Asset Management
Chicago,
Illinois
| – | -$286K | -5,500 | Closed |
|
|
WSFS
30
Wilmington Savings Fund Society
Wilmington,
Delaware
| – | -$215K | -4,075 | Closed |
|
31
Wells Fargo
San Francisco,
California
| – | -$64.4K | -1,249 | -100% |
|
32
Bank of America
Charlotte,
North Carolina
| – | -$43K | -836 | Closed |
|
|
PTC
33
Private Trust Company
Cleveland,
Ohio
| – | -$33K | -626 | Closed |
|
|
WA
34
WFG Advisors
Dallas,
Texas
| – | -$1K | -25 | Closed |
|
UST Hedge Fund Activity: Q4 2013 in Review
12 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra 7-10 Year Treasury (UST) for Q4 2013, worth a combined $54.8M — down 93% from $780M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of UST and 4 opened new positions — a net loss of 17 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was First Horizon Advisors, adding an estimated $29.1M. The largest seller was Good Harbor Financial, exiting entirely with an estimated $554M sold.
- 12 institutional investors held ProShares Ultra 7-10 Year Treasury (UST) as of Q4 2013, down from 29 in Q3 2013.
- Funds reported $54.8M of ProShares Ultra 7-10 Year Treasury stock for Q4 2013, down 93% quarter-over-quarter.
- 4 funds opened new ProShares Ultra 7-10 Year Treasury positions in Q4 2013 and 21 closed out, a net change of -17 holders.
- The largest ProShares Ultra 7-10 Year Treasury buyer in Q4 2013 was First Horizon Advisors, an estimated $29.1M added.
- The largest ProShares Ultra 7-10 Year Treasury seller in Q4 2013 was Good Harbor Financial, an estimated $554M sold.
Based on aggregated 13F filings for Q4 2013.