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ProShares UltraShort Yen

41 hedge funds and large institutions have $66.5M invested in ProShares UltraShort Yen in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

46% more call options, than puts

Call options by funds: $23.9M | Put options by funds: $16.4M

43% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 7

31% more capital invested

Capital invested by funds: $50.9M → $66.5M (+$15.7M)

3% more funds holding

Funds holding: 4041 (+1)

1.33% more ownership

Funds ownership: 40.6%41.93% (+1.3%)

25% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 12

Holders
41
Holders Change
+1
Holders Change %
+2.5%
% of All Funds
1.19%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
10
Increased
9
Reduced
12
Closed
7
Calls
$23.9M
Puts
$16.4M
Net Calls
+$7.46M
Net Calls Change
+$4.74M
Name Holding Trade Value Shares
Change
Change in
Stake
LCM
1
Levitt Capital Management
Florida
$20.9M -$801K -49,520 -4%
RBLCM
2
Roaring Blue Lion Capital Management
Texas
$5.79M +$1.47M +90,880 +39%
ECM
3
Evergreen Capital Management
Washington
$5.72M +$54.6K +3,380 +1%
IC
4
Inverness Counsel
New York
$4.82M
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$3.68M +$3.36M +207,800 New
Morgan Stanley
6
Morgan Stanley
New York
$3.61M +$3.09M +190,824 +1,472%
Goldman Sachs
7
Goldman Sachs
New York
$3.48M +$3.18M +196,392 New
JT
8
Jump Trading
Illinois
$2.47M +$595K +36,808 +36%
NYLIM
9
New York Life Investment Management
New York
$2.14M
WAM
10
Wolverine Asset Management
Illinois
$1.62M +$6.47K +400 +0.4%
FAAS
11
First Allied Advisory Services
California
$1.41M +$1.29M +79,744 New
DC
12
Davenport & Co
Virginia
$1.1M +$202K +12,464 +25%
CI
13
Cowen Inc
New York
$780K -$105K -6,480 -13%
CLOS
14
Compagnie Lombard Odier SCmA
Switzerland
$768K +$700K +43,324 New
Mirae Asset Global Investments
15
Mirae Asset Global Investments
South Korea
$709K -$1.94M -120,000 -75%
Barclays
16
Barclays
United Kingdom
$701K -$86.7K -5,360 -12%
Wellington Management Group
17
Wellington Management Group
Massachusetts
$645K
FWCM
18
Ferguson Wellman Capital Management
Oregon
$627K -$32.3K -2,000 -5%
BNP Paribas Financial Markets
19
BNP Paribas Financial Markets
France
$581K +$44.6K +2,760 +9%
Bank of America
20
Bank of America
North Carolina
$553K -$263K -16,268 -34%
Nomura Holdings
21
Nomura Holdings
Japan
$498K -$37.5K -2,320 -8%
BF
22
BOK Financial
Oklahoma
$476K +$434K +26,836 New
ACI
23
Alpha Cubed Investments
California
$459K +$418K +25,876 New
Toronto Dominion Bank
24
Toronto Dominion Bank
Ontario, Canada
$425K
AAP
25
Ardsley Advisory Partners
Connecticut
$418K

YCS Hedge Fund Activity: Q4 2013 in Review

41 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Yen (YCS) for Q4 2013, worth a combined $66.5M — up 31% from $50.9M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new YCS positions and 7 closed out — a net gain of 3 holders — while 9 added to existing stakes and 12 trimmed.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $3.36M. The largest seller was Mirae Asset Global Investments, cutting an estimated $1.94M.

  • 41 institutional investors held ProShares UltraShort Yen (YCS) as of Q4 2013, up from 40 in Q3 2013.
  • Funds reported $66.5M of ProShares UltraShort Yen stock for Q4 2013, up 31% quarter-over-quarter.
  • 10 funds opened new ProShares UltraShort Yen positions in Q4 2013 and 7 closed out, a net change of +3 holders.
  • The largest ProShares UltraShort Yen buyer in Q4 2013 was Susquehanna International Group, an estimated $3.36M added.
  • The largest ProShares UltraShort Yen seller in Q4 2013 was Mirae Asset Global Investments, an estimated $1.94M sold.

Based on aggregated 13F filings for Q4 2013.