ProShares UltraShort Yen
34 hedge funds and large institutions have $68.8M invested in ProShares UltraShort Yen in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 13 closing their positions.
21.42% more ownership
Funds ownership: 41.93% → 63.35% (+21%)
3% more capital invested
Capital invested by funds: $66.5M → $68.8M (+$2.31M)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
17% less funds holding
Funds holding: 41 → 34 (-7)
38% less call options, than puts
Call options by funds: $8.23M | Put options by funds: $13.3M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$16.9M |
| 2 |
VF
Virtu Financial
New York
|
+$7.22M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.2M |
| 4 |
SCM
Seamans Capital Management
Boston,
Massachusetts
|
+$2.87M |
| 5 |
NYLIM
New York Life Investment Management
New York
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Levitt Capital Management
Boca Raton,
Florida
|
-$20.9M |
| 2 |
RBLCM
Roaring Blue Lion Capital Management
Dallas,
Texas
|
-$2.84M |
| 3 |
Morgan Stanley
New York
|
-$1.72M |
| 4 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$1.51M |
| 5 |
Barclays
London,
United Kingdom
|
-$673K |
YCS Hedge Fund Activity: Q1 2014 in Review
34 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Yen (YCS) for Q1 2014, worth a combined $68.8M — up 3.5% from $66.5M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of YCS and 6 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 11 added.
The largest buyer was Goldman Sachs, adding an estimated $16.9M. The largest seller was Levitt Capital Management, exiting entirely with an estimated $20.9M sold.
- 34 institutional investors held ProShares UltraShort Yen (YCS) as of Q1 2014, down from 41 in Q4 2013.
- Funds reported $68.8M of ProShares UltraShort Yen stock for Q1 2014, up 3.5% quarter-over-quarter.
- 6 funds opened new ProShares UltraShort Yen positions in Q1 2014 and 13 closed out, a net change of -7 holders.
- The largest ProShares UltraShort Yen buyer in Q1 2014 was Goldman Sachs, an estimated $16.9M added.
- The largest ProShares UltraShort Yen seller in Q1 2014 was Levitt Capital Management, an estimated $20.9M sold.
Based on aggregated 13F filings for Q1 2014.