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ProShares UltraShort Yen

36 hedge funds and large institutions have $52.2M invested in ProShares UltraShort Yen in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

6% more funds holding

Funds holding: 3436 (+2)

9.27% less ownership

Funds ownership: 63.35%54.08% (-9.3%)

24% less capital invested

Capital invested by funds: $68.8M → $52.2M (-$16.7M)

38% less call options, than puts

Call options by funds: $5.13M | Put options by funds: $8.24M

62% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 13

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
36
Holders Change
+2
Holders Change %
+5.88%
% of All Funds
1.03%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
8
Increased
5
Reduced
13
Closed
6
Calls
$5.13M
Puts
$8.24M
Net Calls
-$3.11M
Net Calls Change
+$1.92M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$16.3M -$3.35M -202,828 -17%
RCYC
2
Richard C. Young & Co
Rhode Island
$9.49M +$9.66M +585,120 New
NYLIM
3
New York Life Investment Management
New York
$5.03M +$1.7M +102,852 +50%
IC
4
Inverness Counsel
New York
$4.37M
ECM
5
Evergreen Capital Management
Washington
$3.81M +$26.2K +1,584 +0.7%
Mirae Asset Global Investments
6
Mirae Asset Global Investments
South Korea
$2.16M +$218K +13,200 +11%
JT
7
Jump Trading
Illinois
$1.6M -$1.65M -100,172 -50%
RBLCM
8
Roaring Blue Lion Capital Management
Texas
$1.6M -$962K -58,260 -37%
DC
9
Davenport & Co
Virginia
$711K -$162K -9,832 -18%
CLOS
10
Compagnie Lombard Odier SCmA
Switzerland
$673K
BNP Paribas Financial Markets
11
BNP Paribas Financial Markets
France
$665K +$217K +13,124 +47%
VF
12
Virtu Financial
New York
$640K -$6.44M -390,008 -91%
Jane Street
13
Jane Street
New York
$443K +$452K +27,356 New
CI
14
Cowen Inc
New York
$389K -$892K -54,000 -69%
AAP
15
Ardsley Advisory Partners
Connecticut
$383K +$390K +23,600 New
HSBC Holdings
16
HSBC Holdings
United Kingdom
$379K
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$376K -$6.19M -375,200 -94%
Bank of America
18
Bank of America
North Carolina
$360K -$184K -11,164 -33%
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$342K -$8.65K -524 -2%
LPL Financial
20
LPL Financial
California
$324K -$193K -11,680 -37%
B
21
Bellecapital
Switzerland
$324K
Citadel Advisors
22
Citadel Advisors
Florida
$305K -$563K -34,124 -64%
SFA
23
Sequoia Financial Advisors
Ohio
$262K +$267K +16,176 New
KAS
24
Kemnay Advisory Services
New York
$260K +$264K +16,000 New
U
25
UBS
Switzerland
$252K +$141K +8,512 +122%

YCS Hedge Fund Activity: Q2 2014 in Review

36 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Yen (YCS) for Q2 2014, worth a combined $52.2M — down 24% from $68.8M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new YCS positions and 6 closed out — a net gain of 2 holders — while 5 added to existing stakes and 13 trimmed.

The largest buyer was Richard C. Young & Co, opening a new position worth an estimated $9.66M. The largest seller was Virtu Financial, cutting an estimated $6.44M.

  • 36 institutional investors held ProShares UltraShort Yen (YCS) as of Q2 2014, up from 34 in Q1 2014.
  • Funds reported $52.2M of ProShares UltraShort Yen stock for Q2 2014, down 24% quarter-over-quarter.
  • 8 funds opened new ProShares UltraShort Yen positions in Q2 2014 and 6 closed out, a net change of +2 holders.
  • The largest ProShares UltraShort Yen buyer in Q2 2014 was Richard C. Young & Co, an estimated $9.66M added.
  • The largest ProShares UltraShort Yen seller in Q2 2014 was Virtu Financial, an estimated $6.44M sold.

Based on aggregated 13F filings for Q2 2014.