ProShares UltraShort Silver
18 hedge funds and large institutions have $30.2M invested in ProShares UltraShort Silver in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 3 closing their positions.
86% more call options, than puts
Call options by funds: $235M | Put options by funds: $127M
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
6% more funds holding
Funds holding: 17 → 18 (+1)
0.4% less ownership
Funds ownership: 0.4% → 0% (-0.4%)
8% less capital invested
Capital invested by funds: $32.8M → $30.2M (-$2.62M)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$3.32M |
| 2 |
ICM
Ionic Capital Management
New York
|
+$2.17M |
| 3 |
Barclays
London,
United Kingdom
|
+$1.01M |
| 4 |
Morgan Stanley
New York
|
+$727K |
| 5 |
SCM
Seamans Capital Management
Boston,
Massachusetts
|
+$286K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$9.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.97M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.75M |
| 4 |
JT
Jump Trading
Chicago,
Illinois
|
-$1.14M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$383K |
ZSL Hedge Fund Activity: Q4 2013 in Review
18 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Silver (ZSL) for Q4 2013, worth a combined $30.2M — down 8% from $32.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ZSL positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Timber Hill, adding an estimated $3.32M. The largest seller was Virtu Financial, cutting an estimated $9.3M.
- 18 institutional investors held ProShares UltraShort Silver (ZSL) as of Q4 2013, up from 17 in Q3 2013.
- Funds reported $30.2M of ProShares UltraShort Silver stock for Q4 2013, down 8% quarter-over-quarter.
- 4 funds opened new ProShares UltraShort Silver positions in Q4 2013 and 3 closed out, a net change of +1 holder.
- The largest ProShares UltraShort Silver buyer in Q4 2013 was Timber Hill, an estimated $3.32M added.
- The largest ProShares UltraShort Silver seller in Q4 2013 was Virtu Financial, an estimated $9.3M sold.
Based on aggregated 13F filings for Q4 2013.