ProShares Ultra Financials
UYG
50 hedge funds and large institutions have $56.5M invested in ProShares Ultra Financials in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 19 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
19% more funds holding
Funds holding: 42 → 50 (+8)
1% less capital invested
Capital invested by funds: $57.1M → $56.5M (-$643K)
49% less call options, than puts
Call options by funds: $9.21M | Put options by funds: $18.1M
63% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Trading
New York
|
+$3.54M |
| 2 |
Goldman Sachs
New York
|
+$2.34M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$717K |
| 4 |
Millennium Management
New York
|
+$664K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$588K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$5.42M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.75M |
| 3 |
Morgan Stanley
New York
|
-$1.75M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$956K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$550K |
UYG Hedge Fund Activity: Q1 2014 in Review
50 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Financials (UYG) for Q1 2014, worth a combined $56.5M — down 1.1% from $57.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new UYG positions and 3 closed out — a net gain of 8 holders — while 7 added to existing stakes and 19 trimmed.
The largest buyer was Walleye Trading, opening a new position worth an estimated $3.54M. The largest seller was Virtu Financial, cutting an estimated $5.42M.
- 50 institutional investors held ProShares Ultra Financials (UYG) as of Q1 2014, up from 42 in Q4 2013.
- Funds reported $56.5M of ProShares Ultra Financials stock for Q1 2014, down 1.1% quarter-over-quarter.
- 11 funds opened new ProShares Ultra Financials positions in Q1 2014 and 3 closed out, a net change of +8 holders.
- The largest ProShares Ultra Financials buyer in Q1 2014 was Walleye Trading, an estimated $3.54M added.
- The largest ProShares Ultra Financials seller in Q1 2014 was Virtu Financial, an estimated $5.42M sold.
Based on aggregated 13F filings for Q1 2014.