ProShares Hedge Replication ETF (HDG)

Market Cap: $28.1M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

300% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 1

23% more funds holding

Funds holding: 13 [Q1] → 16 (+3) [Q2]

7.67% less ownership

Funds ownership: 56.22% [Q1] → 48.55% (-7.67%) [Q2]

14% less capital invested

Capital invested by funds: $16M [Q1] → $13.8M (-$2.25M) [Q2]

80% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 10