ProShares UltraShort Yen
40 hedge funds and large institutions have $50.9M invested in ProShares UltraShort Yen in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
20% more call options, than puts
Call options by funds: $16.4M | Put options by funds: $13.7M
5% more funds holding
Funds holding: 38 → 40 (+2)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
0.91% more ownership
Funds ownership: 39.69% → 40.6% (+0.91%)
9% less capital invested
Capital invested by funds: $56.1M → $50.9M (-$5.19M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Levitt Capital Management
Boca Raton,
Florida
|
+$9.63M |
| 2 |
NYLIM
New York Life Investment Management
New York
|
+$1.91M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.9M |
| 4 |
EWM
Edge Wealth Management
New York
|
+$1.26M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$857K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Seamans Capital Management
Boston,
Massachusetts
|
-$10.9M |
| 2 |
JP Morgan Chase
New York
|
-$3.2M |
| 3 |
RCMB
Revelation Capital Management (Bermuda)
Hamilton,
Bermuda
|
-$2.24M |
| 4 |
Jane Street
New York
|
-$2.06M |
| 5 |
GML
Gems Management Ltd
Nassau,
Bahamas
|
-$1.59M |
YCS Hedge Fund Activity: Q3 2013 in Review
40 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Yen (YCS) for Q3 2013, worth a combined $50.9M — down 9.3% from $56.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new YCS positions and 7 closed out — a net gain of 2 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Levitt Capital Management, adding an estimated $9.63M. The largest seller was Seamans Capital Management, exiting entirely with an estimated $10.9M sold.
- 40 institutional investors held ProShares UltraShort Yen (YCS) as of Q3 2013, up from 38 in Q2 2013.
- Funds reported $50.9M of ProShares UltraShort Yen stock for Q3 2013, down 9.3% quarter-over-quarter.
- 9 funds opened new ProShares UltraShort Yen positions in Q3 2013 and 7 closed out, a net change of +2 holders.
- The largest ProShares UltraShort Yen buyer in Q3 2013 was Levitt Capital Management, an estimated $9.63M added.
- The largest ProShares UltraShort Yen seller in Q3 2013 was Seamans Capital Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2013.