Vault-13

PROSHARES TR DOG

PSHS SHORT DOW30 · ETP · CUSIP 74347B235

26 institutional holders +3 vs Q2 2025
959,319959.3k shares reported held*
$29.4mreported value*
9 new 7 added 7 reduced 5 sold out net bought ≈ $8.4m (+347.1k 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 ≈ $30.66.

Trends to Q3 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: 23Q3 25: 2626Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 202526

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 23: 17 bought or addedQ4 23: 15 cut or sold outQ1 24: 11 bought or addedQ1 24: 18 cut or sold outQ1 24Q2 24: 11 bought or addedQ2 24: 16 cut or sold outQ3 24: 11 bought or addedQ3 24: 16 cut or sold outQ3 24Q4 24: 13 bought or addedQ4 24: 14 cut or sold outQ1 25: 18 bought or addedQ1 25: 8 cut or sold outQ1 25Q2 25: 13 bought or addedQ2 25: 18 cut or sold outQ3 25: 16 bought or addedQ3 25: 12 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20231715
Q1 20241118
Q2 20241116
Q3 20241116
Q4 20241314
Q1 2025188
Q2 20251318
Q3 20251612

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ4 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 0.18Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$416.7k$2.1m4.99
Q1 2025$2.1m$2.1m1.02
Q2 2025$1.5m$272.6k0.18
Q3 2025$0$0—

Biggest buyers

Arkadios Wealth Advisors New +169,209+169.2k
Arax Advisory Partners New +134,217+134.2k
OPPENHEIMER & CO INC New +45,863+45.9k
LPL Financial LLC New +45,444+45.4k
MORGAN STANLEY Added +38,562+38.6k
IMC-Chicago, LLC New +37,755+37.8k
Hedges Asset Management LLC New +34,500+34.5k
Squarepoint Ops LLC Added +23,654+23.7k
JANE STREET GROUP, LLC Added +10,612+10.6k
CIBC WORLD MARKET INC. Added +9,730+9.7k

Biggest sellers

GTS SECURITIES LLC Sold out -135,108-135.1k
UBS Group AG Reduced -32,286-32.3k
Cambridge Investment Research Advisors, Inc. Sold out -25,906-25.9k
Tower Research Capital LLC (TRC) Reduced -11,080-11.1k
TWO SIGMA SECURITIES, LLC Reduced -4,546-4.5k
Headlands Technologies LLC Sold out -1,300-1.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -1,201-1.2k
Fox Hill Wealth Management Reduced -995-995
JPMORGAN CHASE & CO Reduced -808-808
Qube Research & Technologies Ltd Sold out -275-275

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Arkadios Wealth Advisors 0.10% of their portfolio ATLANTA, GA 169,209169.2k $4.1m $4.1m 0.10% New
2 Arax Advisory Partners 0.13% of their portfolio NEW YORK, NY 134,217134.2k $9.3m $9.3m 0.13% New
3 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 93,55093.5k $2.3m $2.3m 0.00% Added +9.7k +9,730
4 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 82,25782.3k $2.0m $2.0m 0.00% Added +23.7k +23,654
5 UBS Group AG 0.00% of their portfolio ZURICH, V8 81,90981.9k $2.0m $2.0m 0.00% Reduced -32.3k -32,286
6 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 45,86345.9k $1.1m $1.1m 0.01% New
7 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 45,44445.4k $1.1m $1.1m 0.00% New
8 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 41,38741.4k $1.0m $1.0m 0.00% Reduced -1.2k -1,201
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 39,97040.0k $972.9k $972.9k 0.00% Added +38.6k +38,562
10 IMC-Chicago, LLC 0.02% of their portfolio CHICAGO, IL 37,75537.8k $919.0k $919.0k 0.02% New
11 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 36,91036.9k $898.4k $898.4k 0.00% Added +10.6k +10,612
12 Hedges Asset Management LLC 0.64% of their portfolio RENO, NV 34,50034.5k $839.7k $839.7k 0.64% New
13 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 31,20031.2k $759.4k $759.4k 0.00% Added +2.9k +2,900
14 Kovack Advisors, Inc. 0.07% of their portfolio FT. LAUDERDALE, FL 30,95030.9k $753.3k $753.3k 0.07% Added +4.0k +3,950
15 Fox Hill Wealth Management 0.19% of their portfolio DEDHAM, MA 16,92216.9k $411.9k $411.9k 0.19% Reduced -995 -995
16 TWO SIGMA SECURITIES, LLC 0.05% of their portfolio NEW YORK, NY 13,32313.3k $324.3k $324.3k 0.05% Reduced -4.5k -4,546
17 Maltin Wealth Management, Inc. 0.10% of their portfolio RIDGEWOOD, NJ 9,7039.7k $236.2k $236.2k 0.10% Added +155 +155
18 Solstein Capital, LLC 0.04% of their portfolio Menlo Park, CA 3,6063.6k $87.8k $87.8k 0.04% Reduced -154 -154
19 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 3,0373.0k $73.9k $73.9k 0.00% New
20 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 2,5002.5k $60.9k $60.9k 0.00% Unchanged
21 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 2,4242.4k $59.0k $59.0k 0.00% Reduced -11.1k -11,080
22 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 1,2471.2k $30.0k $30.0k 0.00% New
23 Union Bancaire Privee, UBP SA 0.00% of their portfolio GENEVA 1, V8 1,0001.0k $19.4k $19.4k 0.00% Unchanged
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 372372 $9.1k $9.1k 0.00% Reduced -808 -808
25 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 6363 $1.5k $1.5k 0.00% Unchanged
26 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 11 $24 $24 0.00% New