hf_guy

Banks Are Bearish, or Hedging, Financials and Real Estate

Don't believe everything you read from sites like the one you mention. If you do a holders search for SKF on a Bloomberg terminal you will see a much more exhaustive list than the one that comes up on OwnershipAnalyzer.com. The banks are not the only ones using the ProShares products. The largest institutional holder in SKF is actually a hedge fund called Harbinger Capital. They own about 25% of the outstanding shares. Check the 13F filing for them and you will see what I am talking about.