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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.

New
Increased
Maintained
Reduced
Closed

8% less call options, than puts

Call options by funds: $14.4M | Put options by funds: $15.7M

8% less funds holding

Funds holding: 3633 (-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

Holders
33
Holders Change
-3
Holders Change %
-8.33%
% of All Funds
0.96%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
3
Increased
8
Reduced
9
Closed
5
Calls
$14.4M
Puts
$15.7M
Net Calls
-$1.26M
Net Calls Change
+$1.85M
Name Holding Trade Value Shares
Change
Change in
Stake
Susquehanna International Group
1
Susquehanna International Group
Pennsylvania
$9.81M +$8.46M +494,940 +2,133%
NYLIM
2
New York Life Investment Management
New York
$5.87M
IC
3
Inverness Counsel
New York
$5.1M
Morgan Stanley
4
Morgan Stanley
New York
$3.81M +$3.28M +192,100 +2,105%
ECM
5
Evergreen Capital Management
Washington
$3.02M -$1.28M -74,976 -32%
JT
6
Jump Trading
Illinois
$2.79M +$830K +48,604 +49%
SGH
7
Schonfeld Group Holdings
New York
$2.27M +$2.05M +120,000 New
MIM
8
Macroview Investment Management
Maryland
$1.5M +$1.35M +79,300 New
SCM
9
Seamans Capital Management
Massachusetts
$1.26M +$1.13M +66,400 New
Barclays
10
Barclays
United Kingdom
$1.19M +$905K +52,956 +515%
Citadel Advisors
11
Citadel Advisors
Florida
$1.04M +$616K +36,068 +192%
CLOS
12
Compagnie Lombard Odier SCmA
Switzerland
$786K
LPL Financial
13
LPL Financial
California
$520K +$133K +7,800 +39%
Bank of America
14
Bank of America
North Carolina
$485K +$58.6K +3,428 +15%
CI
15
Cowen Inc
New York
$455K
AAP
16
Ardsley Advisory Partners
Connecticut
$447K
HSBC Holdings
17
HSBC Holdings
United Kingdom
$442K
B
18
Bellecapital
Switzerland
$379K
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$341K -$52.9K -3,096 -15%
SFA
20
Sequoia Financial Advisors
Ohio
$306K
KAS
21
Kemnay Advisory Services
New York
$303K
Goldman Sachs
22
Goldman Sachs
New York
$266K -$16.9M -987,832 -99%
Mirae Asset Global Investments
23
Mirae Asset Global Investments
South Korea
$250K -$2.05M -120,000 -90%
IA
24
IndexIQ Advisors
New York
$125K +$107K +6,244 +1,815%
U
25
UBS
Switzerland
$117K -$159K -9,312 -60%

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.