ProShares Ultra Financials
UYG
64 hedge funds and large institutions have $26.6M invested in ProShares Ultra Financials in 2018 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 15 closing their positions.
43% more call options, than puts
Call options by funds: $9.46M | Put options by funds: $6.62M
0.22% less ownership
Funds ownership: 4.36% → 4.14% (-0.22%)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
4% less funds holding
Funds holding: 67 → 64 (-3)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
30% less capital invested
Capital invested by funds: $38.1M → $26.6M (-$11.5M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.54M |
| 2 |
VF
Virtu Financial
New York
|
+$648K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$437K |
| 4 |
PO
Private Ocean
San Rafael,
California
|
+$327K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TNAM
Terra Nova Asset Management
New York
|
-$2.09M |
| 2 |
BRC
Bell Rock Capital
Rehoboth Beach,
Delaware
|
-$1.23M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$526K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$521K |
| 5 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
-$343K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CPIG
76
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$27K | -722 | Closed |
|
|
GP
77
Girard Partners
King Of Prussia,
Pennsylvania
| – | -$21K | -500 | Closed |
|
|
ML
78
McAdam LLC
Philadelphia,
Pennsylvania
| – | -$2K | -42 | Closed |
|
|
HWA
79
Heritage Wealth Advisors
Richmond,
Virginia
| – | -$1K | -39 | Closed |
|
80
Fidelity Investments
Boston,
Massachusetts
| – | +$38 | +1 | New |
|
UYG Hedge Fund Activity: Q4 2018 in Review
64 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Financials (UYG) for Q4 2018, worth a combined $26.6M — down 30% from $38.1M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of UYG and 14 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 13 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $1.54M. The largest seller was Terra Nova Asset Management, exiting entirely with an estimated $2.09M sold.
- 64 institutional investors held ProShares Ultra Financials (UYG) as of Q4 2018, down from 67 in Q3 2018.
- Funds reported $26.6M of ProShares Ultra Financials stock for Q4 2018, down 30% quarter-over-quarter.
- 14 funds opened new ProShares Ultra Financials positions in Q4 2018 and 15 closed out, a net change of -1 holder.
- The largest ProShares Ultra Financials buyer in Q4 2018 was Tower Research Capital (TRC), an estimated $1.54M added.
- The largest ProShares Ultra Financials seller in Q4 2018 was Terra Nova Asset Management, an estimated $2.09M sold.
Based on aggregated 13F filings for Q4 2018.