ProShares UltraShort Yen
33 hedge funds and large institutions have $43.3M invested in ProShares UltraShort Yen in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 5 closing their positions.
8% less call options, than puts
Call options by funds: $14.4M | Put options by funds: $15.7M
8% less funds holding
Funds holding: 36 → 33 (-3)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
17% less capital invested
Capital invested by funds: $52.2M → $43.3M (-$8.84M)
18.02% less ownership
Funds ownership: 54.08% → 36.06% (-18%)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.46M |
| 2 |
Morgan Stanley
New York
|
+$3.28M |
| 3 |
SGH
Schonfeld Group Holdings
Jericho,
New York
|
+$2.05M |
| 4 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
+$1.35M |
| 5 |
SCM
Seamans Capital Management
Boston,
Massachusetts
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$16.9M |
| 2 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
-$9.49M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$2.05M |
| 4 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$1.28M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$711K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Envestnet Asset Management
Chicago,
Illinois
| $88K | -$15.3K | -896 | -16% |
|
27
Wells Fargo
San Francisco,
California
| $76K | – | – | – |
|
28
BNP Paribas Financial Markets
Paris,
France
| $74.9K | -$633K | -37,056 | -90% |
|
|
AIG
29
American International Group
New York
| $63.3K | – | – | – |
|
|
JIR
30
James Investment Research
Alpha,
Ohio
| $61K | – | – | – |
|
31
Bank of Montreal
Toronto,
Ontario, Canada
| $53K | -$20.5K | -1,200 | -30% |
|
|
HI
32
Hudock Inc
Williamsport,
Pennsylvania
| $8K | – | – | – |
|
33
Creative Planning
Overland Park,
Kansas
| $5K | – | – | – |
|
|
WTB
34
Washington Trust Bank
Spokane,
Washington
| $2K | -$3.42K | -200 | -63% |
|
|
RCYC
35
Richard C. Young & Co
Newport,
Rhode Island
| – | -$9.49M | -585,120 | Closed |
|
|
DC
36
Davenport & Co
Richmond,
Virginia
| – | -$711K | -43,840 | Closed |
|
|
VF
37
Virtu Financial
New York
| – | -$640K | -39,436 | Closed |
|
38
Jane Street
New York
| – | -$467K | -27,356 | Closed |
|
|
BGIM
39
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$104K | -6,400 | Closed |
|
YCS Hedge Fund Activity: Q3 2014 in Review
33 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Yen (YCS) for Q3 2014, worth a combined $43.3M — down 17% from $52.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of YCS and 3 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Susquehanna International Group, adding an estimated $8.46M. The largest seller was Goldman Sachs, cutting an estimated $16.9M.
- 33 institutional investors held ProShares UltraShort Yen (YCS) as of Q3 2014, down from 36 in Q2 2014.
- Funds reported $43.3M of ProShares UltraShort Yen stock for Q3 2014, down 17% quarter-over-quarter.
- 3 funds opened new ProShares UltraShort Yen positions in Q3 2014 and 5 closed out, a net change of -2 holders.
- The largest ProShares UltraShort Yen buyer in Q3 2014 was Susquehanna International Group, an estimated $8.46M added.
- The largest ProShares UltraShort Yen seller in Q3 2014 was Goldman Sachs, an estimated $16.9M sold.
Based on aggregated 13F filings for Q3 2014.