ProShares Ultra Financials
UYG
51 hedge funds and large institutions have $48.6M invested in ProShares Ultra Financials in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 5 increasing their positions, 16 reducing their positions, and 13 closing their positions.
47% more call options, than puts
Call options by funds: $9.71M | Put options by funds: $6.61M
5.46% less ownership
Funds ownership: 42.99% → 37.53% (-5.5%)
6% less funds holding
Funds holding: 54 → 51 (-3)
18% less capital invested
Capital invested by funds: $58.9M → $48.6M (-$10.3M)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
69% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.7M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$1.14M |
| 3 |
MCC
Mid Continent Capital
Chicago,
Illinois
|
+$1.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$549K |
| 5 |
Millennium Management
New York
|
+$340K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$6.09M |
| 2 |
VF
Virtu Financial
New York
|
-$5.55M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$1.12M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$731K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$729K |
UYG Hedge Fund Activity: Q3 2014 in Review
51 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Financials (UYG) for Q3 2014, worth a combined $48.6M — down 18% from $58.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of UYG and 10 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 5 added.
The largest buyer was Envestnet Asset Management, adding an estimated $1.7M. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $6.09M sold.
- 51 institutional investors held ProShares Ultra Financials (UYG) as of Q3 2014, down from 54 in Q2 2014.
- Funds reported $48.6M of ProShares Ultra Financials stock for Q3 2014, down 18% quarter-over-quarter.
- 10 funds opened new ProShares Ultra Financials positions in Q3 2014 and 13 closed out, a net change of -3 holders.
- The largest ProShares Ultra Financials buyer in Q3 2014 was Envestnet Asset Management, an estimated $1.7M added.
- The largest ProShares Ultra Financials seller in Q3 2014 was Tower Research Capital (TRC), an estimated $6.09M sold.
Based on aggregated 13F filings for Q3 2014.