ProShares Ultra Financials
UYG
49 hedge funds and large institutions have $27.8M invested in ProShares Ultra Financials in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 9 closing their positions.
115% more call options, than puts
Call options by funds: $8.38M | Put options by funds: $3.9M
2.79% less ownership
Funds ownership: 14.7% → 11.91% (-2.8%)
6% less funds holding
Funds holding: 52 → 49 (-3)
31% less capital invested
Capital invested by funds: $40.2M → $27.8M (-$12.4M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.3M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$1.47M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.1M |
| 4 |
Jane Street
New York
|
+$509K |
| 5 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
+$472K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$10.2M |
| 2 |
VF
Virtu Financial
New York
|
-$1.06M |
| 3 |
RPG
Risk Paradigm Group
Austin,
Texas
|
-$806K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$697K |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$461K |
UYG Hedge Fund Activity: Q3 2015 in Review
49 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Financials (UYG) for Q3 2015, worth a combined $27.8M — down 31% from $40.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of UYG and 6 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 9 added.
The largest buyer was Tower Research Capital (TRC), opening a new position worth an estimated $2.3M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $10.2M sold.
- 49 institutional investors held ProShares Ultra Financials (UYG) as of Q3 2015, down from 52 in Q2 2015.
- Funds reported $27.8M of ProShares Ultra Financials stock for Q3 2015, down 31% quarter-over-quarter.
- 6 funds opened new ProShares Ultra Financials positions in Q3 2015 and 9 closed out, a net change of -3 holders.
- The largest ProShares Ultra Financials buyer in Q3 2015 was Tower Research Capital (TRC), an estimated $2.3M added.
- The largest ProShares Ultra Financials seller in Q3 2015 was Envestnet Asset Management, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2015.