Vault-13

PROSHARES TR

ULTRAPRO SHORT S · CUSIP 74347B110

41 institutional holders -14 vs Q4 2023
3,162,3953.2m shares reported held*
$22.0mreported value*
12 new 11 added 10 reduced 25 sold out net sold ≈ $21.5m (-3.3m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $6.97. Options: 5 managers hold calls ($14.4m notional), 4 hold puts ($8.8m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 65Q4 22: 71Q1 23: 64Q2 23: 71Q3 23: 65Q4 23: 55Q1 24: 4141Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202265
Q4 202271
Q1 202364
Q2 202371
Q3 202365
Q4 202355
Q1 202441

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 22: 36 bought or addedQ4 22: 34 cut or sold outQ4 22Q1 23: 39 bought or addedQ1 23: 38 cut or sold outQ1 23Q2 23: 35 bought or addedQ2 23: 28 cut or sold outQ2 23Q3 23: 35 bought or addedQ3 23: 29 cut or sold outQ3 23Q4 23: 20 bought or addedQ4 23: 43 cut or sold outQ4 23Q1 24: 23 bought or addedQ1 24: 35 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223634
Q1 20233938
Q2 20233528
Q3 20233529
Q4 20232043
Q1 20242335

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30m$40mQ2 23 calls: $24.6mQ2 23 puts: $8.0mQ2 23P/C 0.33Q3 23 calls: $35.0mQ3 23 puts: $6.5mQ3 23P/C 0.19Q4 23 calls: $24.4mQ4 23 puts: $8.4mQ4 23P/C 0.35Q1 24 calls: $14.4mQ1 24 puts: $8.8mQ1 24P/C 0.61
Numbers
QuarterCallsPutsP/C
Q2 2023$24.6m$8.0m0.33
Q3 2023$35.0m$6.5m0.19
Q4 2023$24.4m$8.4m0.35
Q1 2024$14.4m$8.8m0.61

Biggest buyers

Lane Generational LLC New +583,725+583.7k
HRT FINANCIAL LP Added +385,294+385.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +247,798+247.8k
MORGAN STANLEY Added +112,339+112.3k
Per Stirling Capital Management, LLC. Added +85,105+85.1k
VIMA LLC New +68,200+68.2k
JANE STREET GROUP, LLC Added +61,538+61.5k
GW HENSSLER & ASSOCIATES LTD Added +33,241+33.2k
Schwallier Wealth Management LLC New +29,800+29.8k
UBS Group AG New +22,706+22.7k

Biggest sellers

CITADEL ADVISORS LLC Reduced -2,645,419-2.6m
Ridgepath Capital Management LLC Sold out -498,676-498.7k
AXXCESS WEALTH MANAGEMENT, LLC Sold out -498,338-498.3k
IMC-Chicago, LLC Reduced -402,139-402.1k
Jump Financial, LLC Sold out -294,893-294.9k
Tower Research Capital LLC (TRC) Reduced -117,407-117.4k
CANTOR FITZGERALD, L. P. Sold out -91,041-91.0k
NEUBERGER BERMAN GROUP LLC Sold out -55,320-55.3k
TWO SIGMA SECURITIES, LLC Sold out -49,178-49.2k
WOLVERINE TRADING, LLC Sold out -44,065-44.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $13.3m2.1m shares
CITADEL ADVISORS LLC Added $817.8k126.6k shares
GTS SECURITIES LLC Reduced $284.9k44.1k shares
HAP Trading, LLC Added $89912.0k shares
Cutler Group LLC / CA Reduced $0600 shares

Biggest puts

CITADEL ADVISORS LLC Added $7.6m1.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $992.9k153.7k shares
GTS SECURITIES LLC Added $181.5k28.1k shares
Cutler Group LLC / CA Reduced $11.0k14.8k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lane Generational LLC 4.45% of their portfolio Palm Beach, FL 583,725583.7k $3.8m $3.8m 4.45% New
2 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 532,322532.3k $3.4m $3.4m 0.02% Added +385.3k +385,294
3 Tower Research Capital LLC (TRC) 0.05% of their portfolio NEW YORK, NY 347,616347.6k $2.2m $2.2m 0.05% Reduced -117.4k -117,407
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 311,643311.6k $2.0m $2.0m 0.00% Added +112.3k +112,339
5 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 263,080263.1k $1.7m $1.7m 0.00% Added +247.8k +247,798
6 GW HENSSLER & ASSOCIATES LTD 0.06% of their portfolio KENNESAW, GA 149,539149.5k $966.0k $966.0k 0.06% Added +33.2k +33,241
7 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 119,989120.0k $775.1k $775.1k 0.00% Added +61.5k +61,538
8 Per Stirling Capital Management, LLC. 0.12% of their portfolio AUSTIN, TX 108,583108.6k $701.4k $701.4k 0.12% Added +85.1k +85,105
9 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 68,76368.8k $444.2k $444.2k 0.00% Reduced -2.6m -2,645,419
10 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 68,33968.3k $441.5k $441.5k 0.01% Added +17.5k +17,511
11 VIMA LLC 1.06% of their portfolio TROY, MI 68,20068.2k $919.3k $919.3k 1.06% New
12 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 57,04757.0k $368.5k $368.5k 0.00% Added +13.7k +13,700
13 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 53,84753.8k $347.0k $347.0k 0.01% Reduced -3.9k -3,933
14 WESPAC Advisors SoCal, LLC 0.09% of their portfolio Pasadena, CA 50,51550.5k $326.3k $326.3k 0.09% Unchanged
15 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 50,43350.4k $325.8k $325.8k 0.00% Added +9.7k +9,691
16 IMC-Chicago, LLC 0.01% of their portfolio CHICAGO, IL 48,42248.4k $312.8k $312.8k 0.01% Reduced -402.1k -402,139
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 43,74143.7k $1.4m $1.4m 0.00% Reduced -10.8k -10,821
18 Financial Partners Group, Inc 0.04% of their portfolio Overland Park, KS 35,16235.2k $227.1k $227.1k 0.04% Added +669 +669
19 Headlands Technologies LLC 0.05% of their portfolio CHICAGO, IL 34,57934.6k $223.4k $223.4k 0.05% Reduced -8.8k -8,757
20 Schwallier Wealth Management LLC 0.16% of their portfolio GRAND RAPIDS, MI 29,80029.8k $192.5k $192.5k 0.16% New
21 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 29,41529.4k $190.0k $190.0k 0.00% Unchanged
22 Cutter & CO Brokerage, Inc. 0.04% of their portfolio Ballwin, MO 26,12526.1k $168.8k $168.8k 0.04% Reduced -300 -300
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 22,70622.7k $146.7k $146.7k 0.00% New
24 Essex LLC 0.03% of their portfolio DEER PARK, IL 21,86321.9k $141.2k $141.2k 0.03% Reduced -1.0k -1,000
25 Adalta Capital Management LLC 0.05% of their portfolio NEW YORK, NY 15,40015.4k $99.5k $99.5k 0.05% New
26 QCM Cayman, Ltd. 1.00% of their portfolio Houston, TX 11,55111.6k $74.6k $74.6k 1.00% New
27 Cutler Group LLC / CA 0.01% of their portfolio SAN FRANCISCO, CA 3,5553.6k $22.0k $22.0k 0.01% New
28 Costello Asset Management, INC 0.01% of their portfolio FEASTERVILLE, PA 1,9852.0k $12.8k $12.8k 0.01% Unchanged
29 Quantbot Technologies LP 0.00% of their portfolio NEW YORK, NY 1,6521.7k $10.7k $10.7k 0.00% New
30 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 1,0241.0k $6.6k $6.6k 0.00% Reduced -13.7k -13,725
31 FMR LLC 0.00% of their portfolio BOSTON, MA 519519 $3.4k $3.4k 0.00% Added +313 +313
32 HOWE & RUSLING INC 0.00% of their portfolio ROCHESTER, NY 449449 $2.9k $2.9k 0.00% New
33 AMERICAN NATIONAL BANK & TRUST 0.00% of their portfolio WICHITA FALLS, TX 240240 $1.6k $1.6k 0.00% Unchanged
34 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 200200 $1.3k $1.3k 0.00% Unchanged
35 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 141141 $911 $911 0.00% Reduced -408 -408
36 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 127127 $820 $820 0.00% New
37 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 6060 $388 $388 0.00% Unchanged
38 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 3232 $207 $207 0.00% Unchanged
39 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 33 $22 $22 0.00% New
40 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 33 $19 $19 0.00% New
41 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged