Vault-13

PROSHARES TR DOG

PSHS SHORT DOW30 · ETP · CUSIP 74347B235

23 institutional holders -6 vs Q1 2025
612,195612.2k shares reported held*
$15.6mreported value*
6 new 7 added 6 reduced 12 sold out net sold ≈ $7.8m (-306.7k 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 ≈ $25.47. Options: 1 managers hold calls ($1.5m notional), 1 hold puts ($272.6k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 47Q4 22: 45Q1 23: 33Q2 23: 30Q3 23: 32Q4 23: 31Q1 24: 30Q2 24: 27Q3 24: 22Q4 24: 20Q1 25: 29Q2 25: 2323Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202247
Q4 202245
Q1 202333
Q2 202330
Q3 202332
Q4 202331
Q1 202430
Q2 202427
Q3 202422
Q4 202420
Q1 202529
Q2 202523

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 23: 18 bought or addedQ3 23: 20 cut or sold outQ4 23: 17 bought or addedQ4 23: 15 cut or sold outQ4 23Q1 24: 11 bought or addedQ1 24: 18 cut or sold outQ2 24: 11 bought or addedQ2 24: 16 cut or sold outQ2 24Q3 24: 11 bought or addedQ3 24: 16 cut or sold outQ4 24: 13 bought or addedQ4 24: 14 cut or sold outQ4 24Q1 25: 18 bought or addedQ1 25: 8 cut or sold outQ2 25: 13 bought or addedQ2 25: 18 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231820
Q4 20231715
Q1 20241118
Q2 20241116
Q3 20241116
Q4 20241314
Q1 2025188
Q2 20251318

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 24 calls: $655.6kQ3 24 puts: $2.2mQ3 24P/C 3.30Q4 24 calls: $416.7kQ4 24 puts: $2.1mQ4 24P/C 4.99Q1 25 calls: $2.1mQ1 25 puts: $2.1mQ1 25P/C 1.02Q2 25 calls: $1.5mQ2 25 puts: $272.6kQ2 25P/C 0.18
Numbers
QuarterCallsPutsP/C
Q3 2024$655.6k$2.2m3.30
Q4 2024$416.7k$2.1m4.99
Q1 2025$2.1m$2.1m1.02
Q2 2025$1.5m$272.6k0.18

Biggest buyers

GTS SECURITIES LLC New +135,108+135.1k
CIBC WORLD MARKET INC. Added +74,256+74.3k
Squarepoint Ops LLC Added +32,283+32.3k
JANE STREET GROUP, LLC New +26,298+26.3k
UBS Group AG Added +21,938+21.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +20,496+20.5k
Headlands Technologies LLC New +1,300+1.3k
JPMORGAN CHASE & CO Added +1,170+1.2k
Union Bancaire Privee, UBP SA New +1,000+1.0k
Qube Research & Technologies Ltd New +275+275

Biggest sellers

HighTower Advisors, LLC Sold out -167,719-167.7k
Tower Research Capital LLC (TRC) Reduced -76,801-76.8k
Mariner, LLC Sold out -70,000-70.0k
MORGAN STANLEY Reduced -67,554-67.6k
HRT FINANCIAL LP Sold out -63,253-63.3k
J2 Capital Management Inc Sold out -40,565-40.6k
Sugar Maple Asset Management, LLC Sold out -37,000-37.0k
CITADEL ADVISORS LLC Sold out -33,548-33.5k
RENAISSANCE TECHNOLOGIES LLC Reduced -25,300-25.3k
SIMPLEX TRADING, LLC Sold out -10,550-10.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.5m60.4k shares

Biggest puts

BANK OF AMERICA CORP /DE/ New $272.6k10.7k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GTS SECURITIES LLC 0.15% of their portfolio NEW YORK, NY 135,108135.1k $3.4m $3.4m 0.15% New
2 UBS Group AG 0.00% of their portfolio ZURICH, V8 114,195114.2k $2.9m $2.9m 0.00% Added +21.9k +21,938
3 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 83,82083.8k $2.1m $2.1m 0.00% Added +74.3k +74,256
4 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 58,60358.6k $1.5m $1.5m 0.00% Added +32.3k +32,283
5 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 42,58842.6k $1.1m $1.1m 0.00% Added +20.5k +20,496
6 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 28,30028.3k $721.1k $721.1k 0.00% Reduced -25.3k -25,300
7 Kovack Advisors, Inc. 0.07% of their portfolio FT. LAUDERDALE, FL 27,00027.0k $688.0k $688.0k 0.07% Unchanged
8 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 26,29826.3k $670.1k $670.1k 0.00% New
9 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 25,90625.9k $660.0k $660.0k 0.00% Reduced -1.6k -1,550
10 Fox Hill Wealth Management 0.23% of their portfolio DEDHAM, MA 17,91717.9k $456.5k $456.5k 0.23% Added +1 +1
11 TWO SIGMA SECURITIES, LLC 0.06% of their portfolio NEW YORK, NY 17,86917.9k $455.3k $455.3k 0.06% Reduced -6.8k -6,841
12 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 13,50413.5k $344.1k $344.1k 0.01% Reduced -76.8k -76,801
13 Maltin Wealth Management, Inc. 0.11% of their portfolio RIDGEWOOD, NJ 9,5489.5k $243.3k $243.3k 0.11% Added +59 +59
14 Solstein Capital, LLC 0.05% of their portfolio Menlo Park, CA 3,7603.8k $95.8k $95.8k 0.05% Unchanged
15 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 2,5002.5k $63.7k $63.7k 0.00% Reduced -250 -250
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,4081.4k $35.9k $35.9k 0.00% Reduced -67.6k -67,554
17 Headlands Technologies LLC 0.00% of their portfolio CHICAGO, IL 1,3001.3k $33.1k $33.1k 0.00% New
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,1801.2k $30.1k $30.1k 0.00% Added +1.2k +1,170
19 Union Bancaire Privee, UBP SA 0.00% of their portfolio GENEVA 1, V8 1,0001.0k $20.5k $20.5k 0.00% New
20 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 275275 $7.0k $7.0k 0.00% New
21 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 6363 $1.6k $1.6k 0.00% Unchanged
22 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 5353 $1.4k $1.4k 0.00% New
23 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged