Vault-13

PROSHARES TR TBT

PSHS ULTSH 20YRS · ETP · CUSIP 74347B201

102 institutional holders -6 vs Q3 2022
5,004,6865.0m shares reported held*
$158.0mreported value*
21 new 13 added 41 reduced 30 sold out net sold ≈ $87.0m (-2.8m 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 ≈ $31.57. Options: 13 managers hold calls ($294.4m notional), 8 hold puts ($242.7m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 108Q4 22: 102102Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022108
Q4 2022102

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ3 22 calls: $429.6mQ3 22 puts: $327.1mQ3 22P/C 0.76Q4 22 calls: $294.4mQ4 22 puts: $242.7mQ4 22P/C 0.82
Numbers
QuarterCallsPutsP/C
Q3 2022$429.6m$327.1m0.76
Q4 2022$294.4m$242.7m0.82

Biggest buyers

JANE STREET GROUP, LLC Added +701,601+701.6k
Parallax Volatility Advisers, L.P. Added +314,900+314.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +149,895+149.9k
FLOW TRADERS U.S. LLC Added +136,075+136.1k
GOLDMAN SACHS GROUP INC Added +50,142+50.1k
Ashton Thomas Private Wealth, LLC Added +46,792+46.8k
PATHSTONE FAMILY OFFICE, LLC Added +35,538+35.5k
NATIXIS New +33,101+33.1k
TWO SIGMA SECURITIES, LLC New +32,254+32.3k
MILLENNIUM MANAGEMENT LLC Added +30,651+30.7k

Biggest sellers

Main Street Research LLC Sold out -1,159,537-1.2m
BNP PARIBAS FINANCIAL MARKETS Sold out -1,000,663-1.0m
SEAVIEW INVESTMENT MANAGERS LLC Sold out -514,315-514.3k
WOLVERINE TRADING, LLC Sold out -284,702-284.7k
PECONIC PARTNERS LLC Reduced -235,000-235.0k
RENAISSANCE TECHNOLOGIES LLC Sold out -162,400-162.4k
BANK OF AMERICA CORP /DE/ Reduced -126,958-127.0k
MIRABELLA FINANCIAL SERVICES LLP Sold out -101,792-101.8k
AXXCESS WEALTH MANAGEMENT, LLC Reduced -94,863-94.9k
Camarda Financial Advisors, LLC Reduced -93,151-93.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $102.3m3.1m shares
Parallax Volatility Advisers, L.P. Reduced $90.2m2.8m shares
JANE STREET GROUP, LLC Added $51.7m1.6m shares
CITADEL ADVISORS LLC Added $28.2m867.0k shares
IMC-Chicago, LLC Reduced $9.2m281.8k shares
MILLENNIUM MANAGEMENT LLC Unchanged $3.2m100.0k shares
UBS Group AG New $3.2m100.0k shares
HAP Trading, LLC Added $3.0m905.8k shares
Walleye Trading LLC Added $1.5m47.3k shares
Cutler Group LLC / CA Reduced $1.2m564.4k shares

Biggest puts

Parallax Volatility Advisers, L.P. Reduced $119.6m3.7m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $105.0m3.2m shares
CITADEL ADVISORS LLC Added $12.3m379.9k shares
Walleye Trading LLC Unchanged $1.9m58.0k shares
BANK OF AMERICA CORP /DE/ Reduced $1.6m50.6k shares
BANK OF MONTREAL /CAN/ Unchanged $991.4k29.1k shares
Cutler Group LLC / CA Added $747.0k584.9k shares
HAP Trading, LLC Added $471.0k1.3m 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, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JANE STREET GROUP, LLC 0.06% of their portfolio NEW YORK, NY 954,151954.2k $31.0m $31.0m 0.06% Added +701.6k +701,601
2 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.06% of their portfolio BALA CYNWYD, PA 943,901943.9k $30.7m $30.7m 0.06% Added +149.9k +149,895
3 Parallax Volatility Advisers, L.P. 0.40% of their portfolio San Francisco, CA 475,794475.8k $15.5m $15.5m 0.40% Added +314.9k +314,900
4 CastleKnight Management LP 3.31% of their portfolio New York, NY 351,000351.0k $11.4m $11.4m 3.31% Reduced -6.4k -6,400
5 Ashton Thomas Private Wealth, LLC 0.78% of their portfolio SCOTTSDALE, AZ 240,006240.0k $7.8m $7.8m 0.78% Added +46.8k +46,792
6 Bullseye Investment Management, LLC 5.61% of their portfolio CINCINNATI, OH 208,382208.4k $6.8m $6.8m 5.61% Reduced -12.0k -11,957
7 FLOW TRADERS U.S. LLC 0.24% of their portfolio NEW YORK, NY 143,899143.9k $4.7m $4.7m 0.24% Added +136.1k +136,075
8 KORNITZER CAPITAL MANAGEMENT INC /KS 0.09% of their portfolio SHAWNEE MISSION, KS 135,025135.0k $4.4m $4.4m 0.09% Reduced -715 -715
9 PATHSTONE FAMILY OFFICE, LLC 0.00% of their portfolio ENGLEWOOD, NJ 133,868133.9k $8 $8 0.00% Added +35.5k +35,538
10 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 129,646129.6k $4.2m $4.2m 0.00% Added +30.7k +30,651
11 KCM INVESTMENT ADVISORS LLC 0.15% of their portfolio GREENBRAE, CA 107,768107.8k $3.5m $3.5m 0.15% Reduced -11.0k -11,041
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 93,87493.9k $3.1m $3.1m 0.00% Added +50.1k +50,142
13 Ellsworth Advisors, LLC 0.67% of their portfolio HUDSON, OH 65,65865.7k $1.8m $1.8m 0.67% Reduced -39.4k -39,417
14 Foundations Investment Advisors, LLC 0.08% of their portfolio PHOENIX, AZ 64,38364.4k $2.1m $2.1m 0.08% Added +18.4k +18,424
15 Gruss & Co., LLC 11.54% of their portfolio WEST PALM BEACH, FL 57,50057.5k $1.9m $1.9m 11.54% Unchanged
16 B. Riley Wealth Advisors, Inc. 0.05% of their portfolio MEMPHIS, TN 52,29352.3k $1.7m $1.7m 0.05% Reduced -14.6k -14,559
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 52,14852.1k $1.7m $1.7m 0.00% Reduced -127.0k -126,958
18 Cutler Group LLC / CA 0.19% of their portfolio SAN FRANCISCO, CA 48,12048.1k $1.6m $1.6m 0.19% Added +23.7k +23,720
19 St. Johns Investment Management Company, LLC 0.74% of their portfolio JACKSONVILLE, FL 38,08038.1k $1.2m $1.2m 0.74% Added +29.6k +29,590
20 AXXCESS WEALTH MANAGEMENT, LLC 0.10% of their portfolio CARLSBAD, CA 36,40636.4k $1.2m $1.2m 0.10% Reduced -94.9k -94,863
21 SOUTHPORT MANAGEMENT, L.L.C. 6.06% of their portfolio Wilson, WY 35,00035.0k $1.1m $1.1m 6.06% Reduced -50.0k -50,000
22 NATIXIS 0.01% of their portfolio PARIS, I0 33,10133.1k $1.1m $1.1m 0.01% New
23 TWO SIGMA SECURITIES, LLC 0.15% of their portfolio NEW YORK, NY 32,25432.3k $1.0m $1.0m 0.15% New
24 Integrated Advisors Network LLC 0.06% of their portfolio DALLAS, TX 30,97031.0k $1.0m $1.0m 0.06% Added +3.7k +3,661
25 HBW ADVISORY SERVICES LLC 0.25% of their portfolio SIMI VALLEY, CA 28,33128.3k $921.0k $921.0k 0.25% Reduced -386 -386
26 Verity Asset Management, Inc. 0.78% of their portfolio DURHAM, NC 28,01828.0k $910.6k $910.6k 0.78% Reduced -5.9k -5,934
27 Jefferies Financial Group Inc. 0.02% of their portfolio NEW YORK, NY 27,02527.0k $878.3k $878.3k 0.02% New
28 IPG Investment Advisors LLC 0.23% of their portfolio SAN DIEGO, CA 25,25025.2k $820.6k $820.6k 0.23% New
29 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 25,00025.0k $851.8k $851.8k 0.00% Reduced -4.1k -4,100
30 CoreCap Advisors, LLC 0.06% of their portfolio SOUTHFIELD, MI 24,63024.6k $800.5k $800.5k 0.06% New
31 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 22,00022.0k $715.0k $715.0k 0.00% New
32 Prosperity Wealth Management, Inc. 0.57% of their portfolio San Ramon, CA 17,72817.7k $576.2k $576.2k 0.57% First filing
33 Crestwood Advisors Group, LLC 0.02% of their portfolio BOSTON, MA 17,00017.0k $552.5k $552.5k 0.02% Reduced -1.0k -1,000
34 Capital Investment Counsel, Inc 0.13% of their portfolio RALEIGH, NC 16,83716.8k $547.2k $547.2k 0.13% Reduced -800 -800
35 INDEPENDENT FINANCIAL GROUP, LLC 0.05% of their portfolio SAN DIEGO, CA 16,78216.8k $545.4k $545.4k 0.05% Reduced -15.3k -15,263
36 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 16,57816.6k $538.8k $538.8k 0.00% Reduced -500 -500
37 IMC-Chicago, LLC 0.12% of their portfolio CHICAGO, IL 16,50316.5k $536.3k $536.3k 0.12% Reduced -23.5k -23,531
38 Regal Investment Advisors LLC 0.05% of their portfolio KENTWOOD, MI 15,51815.5k $504.3k $504.3k 0.05% Added +2.2k +2,233
39 CUMBERLAND ADVISORS INC 0.22% of their portfolio SARASOTA, FL 15,31015.3k $497.6k $497.6k 0.22% Reduced -3.1k -3,145
40 PECONIC PARTNERS LLC 0.03% of their portfolio NEW YORK, NY 15,00015.0k $487.5k $487.5k 0.03% Reduced -235.0k -235,000
41 FIRST WILSHIRE SECURITIES MANAGEMENT INC 0.16% of their portfolio PASADENA, CA 13,68013.7k $445.0k $445.0k 0.16% Unchanged
42 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 12,00012.0k $390.0k $390.0k 0.01% Reduced -76.0k -76,000
43 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 11,66011.7k $379.1k $379.1k 0.00% Reduced -2.1k -2,140
44 Harvest Investment Services, LLC 0.38% of their portfolio Oakbrook Terrace, IL 10,81610.8k $351.5k $351.5k 0.38% Reduced -1.5k -1,458
45 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 10,54510.5k $342.7k $342.7k 0.00% Reduced -8.7k -8,675
46 Proficio Capital Partners LLC 0.06% of their portfolio NEWTON, MA 10,26610.3k $333.6k $333.6k 0.06% New
47 CIDEL ASSET MANAGEMENT INC 0.02% of their portfolio TORONTO, A6 10,00010.0k $325.0k $325.0k 0.02% Unchanged
48 Weinberger Asset Management, Inc 0.20% of their portfolio LOS ANGELES, CA 10,00010.0k $325.0k $325.0k 0.20% Unchanged
49 AJ WEALTH STRATEGIES, LLC 0.02% of their portfolio NEW YORK, NY 9,7269.7k $316.0k $316.0k 0.02% Reduced -45.0k -44,959
50 COLUMBIA ADVISORY PARTNERS LLC 0.30% of their portfolio SPOKANE, WA 9,6169.6k $312.5k $312.5k 0.30% New
51 Camarda Financial Advisors, LLC 0.29% of their portfolio FLEMING ISLAND, FL 8,8358.8k $287.1k $287.1k 0.29% Reduced -93.2k -93,151
52 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 8,4328.4k $274.1k $274.1k 0.00% New
53 Hartford Financial Management Inc. 0.07% of their portfolio WEST HARTFORD, CT 8,3008.3k $269.8k $269.8k 0.07% Unchanged
54 Essex LLC 0.08% of their portfolio DEER PARK, IL 8,0008.0k $260.0k $260.0k 0.08% Unchanged
55 GABLES CAPITAL MANAGEMENT INC. 0.16% of their portfolio MIAMI, FL 6,8776.9k $223.5k $223.5k 0.16% Reduced -125 -125
56 Intellectus Partners, LLC 0.08% of their portfolio SAN FRANCISCO, CA 6,7506.8k $219.4k $219.4k 0.08% New
57 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 6,7006.7k $217.8k $217.8k 0.00% New
58 Mathes Company, Inc. 0.11% of their portfolio New York, NY 6,5006.5k $211.0k $211.0k 0.11% Reduced -2.5k -2,500
59 Bramshill Investments, LLC 0.01% of their portfolio NAPLES, FL 3,6753.7k $119.4k $119.4k 0.01% New
60 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 3,2813.3k $123.0k $123.0k 0.00% Reduced -744 -744
61 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,9282.9k $95.0k $95.0k 0.00% New
62 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,5002.5k $81.2k $81.2k 0.00% New
63 Baker Avenue Asset Management, LP 0.00% of their portfolio SAN FRANCISCO, CA 2,5002.5k $81.2k $81.2k 0.00% New
64 UMB Bank, n.a. 0.00% of their portfolio Kansas City, MO 2,3882.4k $78.0k $78.0k 0.00% Unchanged
65 FIRST MANHATTAN CO. LLC. 0.00% of their portfolio NEW YORK, NY 2,2522.3k $73.2k $73.2k 0.00% Unchanged
66 OPTIMUM INVESTMENT ADVISORS 0.04% of their portfolio Chicago, IL 2,2002.2k $71.5k $71.5k 0.04% Unchanged
67 Thomas J. Herzfeld Advisors, Inc. 0.03% of their portfolio MIAMI BEACH, FL 2,0492.0k $66.6k $66.6k 0.03% New
68 Knuff & Co LLC 0.03% of their portfolio FOSTER CITY, CA 2,0002.0k $65.0k $65.0k 0.03% Unchanged
69 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 1,9922.0k $64.7k $64.7k 0.00% Unchanged
70 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,8031.8k $58.6k $58.6k 0.00% Reduced -16.2k -16,234
71 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 1,5341.5k $49.9k $49.9k 0.00% New
72 Activest Wealth Management 0.01% of their portfolio AVENTURA, FL 1,3251.3k $39.4k $39.4k 0.01% Unchanged
73 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 1,3101.3k $42.6k $42.6k 0.00% Unchanged
74 TOTH FINANCIAL ADVISORY CORP 0.01% of their portfolio LEESBURG, VA 1,2781.3k $41.5k $41.5k 0.01% Reduced -566 -566
75 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0171.0k $32.7k $32.7k 0.00% Reduced -4.6k -4,558
76 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,0001.0k $32.5k $32.5k 0.00% First filing
77 Accurate Wealth Management, LLC 0.01% of their portfolio WESLEY CHAPEL, FL 1,0001.0k $29.8k $29.8k 0.01% New
78 JANICZEK WEALTH MANAGEMENT, LLC 0.01% of their portfolio DENVER, CO 875875 $24.3k $24.3k 0.01% Unchanged
79 JTC Employer Solutions Trustee Ltd 0.00% of their portfolio ST HELIER, Y9 750750 $24.0k $24.0k 0.00% New
80 Lee Financial Co 0.00% of their portfolio Dallas, TX 700700 $22.8k $22.8k 0.00% Unchanged
81 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 630630 $20.5k $20.5k 0.00% Reduced -73 -73
82 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 560560 $18.2k $18.2k 0.00% New
83 HM PAYSON & CO 0.00% of their portfolio PORTLAND, ME 537537 $17.5k $17.5k 0.00% Reduced -450 -450
84 HARBOR INVESTMENT ADVISORY, LLC 0.00% of their portfolio LUTHERVILLE, MD 500500 $16.2k $16.2k 0.00% Reduced -500 -500
85 Headlands Technologies LLC 0.01% of their portfolio CHICAGO, IL 480480 $16.0k $16.0k 0.01% First filing
86 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 476476 $15.0k $15.0k 0.00% Reduced -2.3k -2,274
87 Tradition Wealth Management, LLC 0.00% of their portfolio EDINA, MN 472472 $15.0k $15.0k 0.00% Reduced -500 -500
88 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 346346 $11.2k $11.2k 0.00% Unchanged
89 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 250250 $8.1k $8.1k 0.00% Reduced -8.1k -8,073
90 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 137137 $4.0k $4.0k 0.00% Unchanged
91 CWM, LLC 0.00% of their portfolio OMAHA, NE 7979 $3.0k $3.0k 0.00% Reduced -81 -81
92 Archer Investment Corp 0.00% of their portfolio Carmel, IN 7575 $2.4k $2.4k 0.00% Unchanged
93 Mendota Financial Group, LLC 0.00% of their portfolio MADISON, WI 7575 $2.4k $2.4k 0.00% First filing
94 Tortoise Investment Management, LLC 0.00% of their portfolio WHITE PLAINS, NY 6262 $2.0k $2.0k 0.00% Unchanged
95 Sargent Bickham Lagudis LLC 0.00% of their portfolio Boulder, CO 5858 $1.9k $1.9k 0.00% Reduced -15 -15
96 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 5353 $2.0k $2.0k 0.00% Reduced -559 -559
97 LOGAN CAPITAL MANAGEMENT INC 0.00% of their portfolio Newtown Square, PA 5050 $1.6k $1.6k 0.00% Unchanged
98 Financial Gravity Asset Management, Inc. 0.01% of their portfolio Lakeway, TX 3333 $5.0k $5.0k 0.01% Reduced -95 -95
99 MONEY CONCEPTS CAPITAL CORP 0.00% of their portfolio PALM BEACH GARDENS, FL 1616 $520 $520 0.00% New
100 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $33 $33 0.00% Unchanged