Vault-13

PROSHARES TR SH

SHORT S&P 500 NE · ETP · CUSIP 74347B425

221 institutional holders -33 vs Q4 2022
55,660,45255.7m shares reported held*
$835.8mreported value*
32 new 74 added 73 reduced 64 sold out net sold ≈ $409.6m (-27.5m 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 ≈ $15.02. Options: 8 managers hold calls ($10.0m notional), 4 hold puts ($14.5m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 253Q4 22: 254Q1 23: 221221Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022253
Q4 2022254
Q1 2023221

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 129 bought or addedQ4 22: 140 cut or sold outQ4 22Q1 23: 106 bought or addedQ1 23: 137 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022129140
Q1 2023106137

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ3 22 calls: $26.9mQ3 22 puts: $3.0mQ3 22P/C 0.11Q4 22 calls: $7.8mQ4 22 puts: $2.8mQ4 22P/C 0.36Q1 23 calls: $10.0mQ1 23 puts: $14.5mQ1 23P/C 1.46
Numbers
QuarterCallsPutsP/C
Q3 2022$26.9m$3.0m0.11
Q4 2022$7.8m$2.8m0.36
Q1 2023$10.0m$14.5m1.46

Biggest buyers

Kaydan Wealth Management, Inc. Added +953,479+953.5k
CITIZENS FINANCIAL GROUP INC/RI New +643,806+643.8k
B. Riley Wealth Advisors, Inc. Added +601,631+601.6k
CPR Investments Inc. Added +419,041+419.0k
Arete Wealth Advisors, LLC New +412,964+413.0k
Deane Retirement Strategies, Inc. Added +348,690+348.7k
Beacon Pointe Advisors, LLC Added +339,899+339.9k
Cavalier Investments, LLC New +304,737+304.7k
Spectrum Asset Management, Inc. (NB/CA) Added +293,973+294.0k
RIA Advisory Group LLC Added +264,040+264.0k

Biggest sellers

Stack Financial Management, Inc Sold out -10,804,431-10.8m
MORGAN STANLEY Reduced -4,399,448-4.4m
Baird Financial Group, Inc. Reduced -3,794,482-3.8m
MERCER GLOBAL ADVISORS INC /ADV Sold out -1,750,080-1.8m
UBS Group AG Reduced -1,541,999-1.5m
WESTWOOD HOLDINGS GROUP INC Sold out -1,009,702-1.0m
NEIRG Wealth Management, LLC Sold out -982,126-982.1k
HighTower Advisors, LLC Reduced -749,612-749.6k
Advisory Services Network, LLC Reduced -716,531-716.5k
GREENHAVEN ASSOCIATES INC Sold out -695,000-695.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.0m396.8k shares
CITADEL ADVISORS LLC Reduced $2.1m137.7k shares
WOLVERINE TRADING, LLC New $1.6m107.8k shares
Walleye Trading LLC Reduced $156.0k10.4k shares
Cutler Group LLC / CA Reduced $126.0k162.3k shares
BANK OF AMERICA CORP /DE/ New $16.5k1.1k shares
HAP Trading, LLC Reduced $12.0k44.6k shares
HighTower Advisors, LLC New $3751.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $14.5m966.7k shares
CITADEL ADVISORS LLC Reduced $19.5k1.3k shares
Walleye Trading LLC Reduced $7.5k500 shares
Cutler Group LLC / CA Reduced $1.0k1.3k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 8,331,3268.3m $125.0m $125.0m 0.01% Reduced -4.4m -4,399,448
2 UBS Group AG 0.03% of their portfolio ZURICH, V8 4,132,7684.1m $62.0m $62.0m 0.03% Reduced -1.5m -1,541,999
3 Kaydan Wealth Management, Inc. 24.50% of their portfolio FENTON, MI 3,984,0734.0m $59.8m $59.8m 24.50% Added +953.5k +953,479
4 Baird Financial Group, Inc. 0.12% of their portfolio MILWAUKEE, WI 3,306,3863.3m $49.6m $49.6m 0.12% Reduced -3.8m -3,794,482
5 B. Riley Wealth Advisors, Inc. 0.93% of their portfolio MEMPHIS, TN 2,331,6052.3m $35.0m $35.0m 0.93% Added +601.6k +601,631
6 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 1,853,6221.9m $27.8m $27.8m 0.06% Reduced -749.6k -749,612
7 Oxbow Advisors, LLC 4.90% of their portfolio Austin, TX 1,825,4521.8m $27.4m $27.4m 4.90% Reduced -3.7k -3,705
8 Mirador Capital Partners LP 5.22% of their portfolio PLEASANTON, CA 1,469,6021.5m $22.0m $22.0m 5.22% Reduced -282.9k -282,858
9 CPR Investments Inc. 15.90% of their portfolio Rochester, MI 1,102,2701.1m $16.5m $16.5m 15.90% Added +419.0k +419,041
10 AE Wealth Management LLC 0.10% of their portfolio TOPEKA, KS 1,083,9751.1m $16.3m $16.3m 0.10% Added +139.6k +139,591
11 TELEMUS CAPITAL, LLC 1.38% of their portfolio Southfield, MI 1,047,6331.0m $15.7m $15.7m 1.38% Added +56.5k +56,510
12 InterOcean Capital Group, LLC 0.49% of their portfolio NASHVILLE, TN 972,529972.5k $14.6m $14.6m 0.49% Added +38.5k +38,480
13 RIA Advisory Group LLC 5.48% of their portfolio Des Moines, IA 790,818790.8k $11.9m $11.9m 5.48% Added +264.0k +264,040
14 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 775,684775.7k $11.6m $11.6m 0.02% Added +149.9k +149,918
15 HCR Wealth Advisors 2.01% of their portfolio LOS ANGELES, CA 678,270678.3k $10.2m $10.2m 2.01% Reduced -2.8k -2,792
16 Spectrum Asset Management, Inc. (NB/CA) 4.92% of their portfolio NEWPORT BEACH, CA 662,461662.5k $9.9m $9.9m 4.92% Added +294.0k +293,973
17 CITIZENS FINANCIAL GROUP INC/RI 0.35% of their portfolio PROVIDENCE, RI 643,806643.8k $9.7m $9.7m 0.35% New
18 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 601,121601.1k $9.0m $9.0m 0.01% Reduced -371.9k -371,875
19 Prostatis Group LLC 4.70% of their portfolio HANOVER, MD 593,266593.3k $8.9m $8.9m 4.70% Reduced -11.6k -11,639
20 Lattice Capital Management, LLC 11.63% of their portfolio KIRKLAND, WA 584,900584.9k $8.8m $8.8m 11.63% Unchanged
21 Elite Wealth Management, Inc. 3.72% of their portfolio KIRKLAND, WA 563,632563.6k $8.5m $8.5m 3.72% Reduced -11.5k -11,471
22 FIRST NATIONAL CORP /MA/ /ADV 1.90% of their portfolio ROCKLAND, MA 531,717531.7k $8.0m $8.0m 1.90% Added +177.8k +177,767
23 Naman Capital Ltda 6.40% of their portfolio Sao Paulo, D5 520,000520.0k $7.8m $7.8m 6.40% Unchanged
24 DOLIVER ADVISORS, LP 2.40% of their portfolio HOUSTON, TX 510,690510.7k $7.7m $7.7m 2.40% Added +108.3k +108,277
25 GUARDIAN WEALTH ADVISORS, LLC / NC 1.33% of their portfolio RALEIGH, NC 506,953507.0k $7.6m $7.6m 1.33% Added +134.5k +134,470
26 Silverleafe Capital Partners, LLC 4.26% of their portfolio GERMANTOWN, TN 440,331440.3k $6.6m $6.6m 4.26% Reduced -44.5k -44,509
27 Beacon Pointe Advisors, LLC 0.11% of their portfolio NEWPORT BEACH, CA 423,974424.0k $6.4m $6.4m 0.11% Added +339.9k +339,899
28 Arete Wealth Advisors, LLC 0.50% of their portfolio CHICAGO, IL 412,964413.0k $6.2m $6.2m 0.50% New
29 Compass Financial Group, Inc. 3.75% of their portfolio DEERFIELD BEACH, FL 398,389398.4k $6.0m $6.0m 3.75% Added +2.0k +1,963
30 VISTA FINANCE, LLC 7.95% of their portfolio Clayton, MO 374,401374.4k $5.6m $5.6m 7.95% Reduced -17.3k -17,304
31 AXXCESS WEALTH MANAGEMENT, LLC 0.44% of their portfolio CARLSBAD, CA 372,113372.1k $5.6m $5.6m 0.44% Added +10.9k +10,856
32 Lake Hills Wealth Management, LLC 5.69% of their portfolio AUSTIN, TX 363,688363.7k $5.5m $5.5m 5.69% Added +225.0k +224,983
33 FOURPATH CAPITAL MANAGEMENT, LLC 3.80% of their portfolio OKLAHOMA CITY, OK 362,513362.5k $5.4m $5.4m 3.80% Added +11.8k +11,804
34 Foundations Investment Advisors, LLC 0.19% of their portfolio PHOENIX, AZ 356,486356.5k $5.3m $5.3m 0.19% Reduced -170.3k -170,257
35 Deane Retirement Strategies, Inc. 2.89% of their portfolio NEW ORLEANS, LA 348,920348.9k $5.2m $5.2m 2.89% Added +348.7k +348,690
36 Solstein Capital, LLC 4.04% of their portfolio Menlo Park, CA 309,484309.5k $4.6m $4.6m 4.04% Added +9.0k +9,029
37 Cavalier Investments, LLC 1.98% of their portfolio ALPHARETTA, GA 304,737304.7k $4.6m $4.6m 1.98% New
38 Belpointe Asset Management LLC 0.24% of their portfolio RENO, NV 301,814301.8k $4.5m $4.5m 0.24% Added +231.6k +231,558
39 Integrated Advisors Network LLC 0.26% of their portfolio DALLAS, TX 283,986284.0k $4.3m $4.3m 0.26% Added +187.9k +187,947
40 Lowe Wealth Advisors, LLC 2.20% of their portfolio COLUMBIA, MD 272,857272.9k $4.1m $4.1m 2.20% Added +11.5k +11,475
41 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 268,194268.2k $4.0m $4.0m 0.00% Reduced -353.2k -353,188
42 FOCUS Wealth Advisors, LLC 2.55% of their portfolio HOUSTON, TX 258,586258.6k $3.9m $3.9m 2.55% Reduced -2.5k -2,517
43 Spectrum Planning & Advisory Services Inc. 6.20% of their portfolio SAN DIEGO, CA 254,721254.7k $3.8m $3.8m 6.20% Reduced -500 -500
44 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 252,181252.2k $3.8m $3.8m 0.01% Reduced -5.1k -5,100
45 TAP Consulting, LLC 0.92% of their portfolio KIRKWOOD, MO 251,513251.5k $3.8m $3.8m 0.92% Reduced -63.6k -63,583
46 Harvest Investment Services, LLC 2.86% of their portfolio Oakbrook Terrace, IL 246,808246.8k $3.7m $3.7m 2.86% Added +150.3k +150,255
47 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.98% of their portfolio CONCORD, MA 244,118244.1k $3.7m $3.7m 0.98% Added +217.6k +217,583
48 Clear Creek Financial Management, LLC 0.69% of their portfolio SILVERDALE, WA 243,563243.6k $3.7m $3.7m 0.69% Reduced -3.4k -3,447
49 STERLING INVESTMENT MANAGEMENT, LLC 2.88% of their portfolio TUCSON, AZ 241,198241.2k $3.6m $3.6m 2.88% Added +103.7k +103,699
50 Hilltop Holdings Inc. 0.47% of their portfolio DALLAS, TX 233,096233.1k $3.5m $3.5m 0.47% Added +49.4k +49,429
51 SCHOLTZ & COMPANY, LLC 2.48% of their portfolio STAMFORD, CT 231,946231.9k $3.5m $3.5m 2.48% Reduced -254.8k -254,785
52 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 228,793228.8k $3.4m $3.4m 0.02% Reduced -5.2k -5,202
53 Rothschild Capital Partners, LLC 1.28% of their portfolio NEW YORK, NY 207,660207.7k $3.1m $3.1m 1.28% Added +11.8k +11,805
54 Owen LaRue, LLC 3.49% of their portfolio ELIZABETHTOWN, KY 201,908201.9k $3.2m $3.2m 3.49% Unchanged
55 CWM, LLC 0.02% of their portfolio OMAHA, NE 199,645199.6k $3.0m $3.0m 0.02% Reduced -19.9k -19,857
56 CreativeOne Wealth, LLC 0.14% of their portfolio OVERLAND PARK, KS 183,716183.7k $2.8m $2.8m 0.14% Added +2.0k +1,953
57 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 180,000180.0k $2.7m $2.7m 0.00% Unchanged
58 Savior LLC 2.18% of their portfolio WELLESLEY HILLS, MA 176,195176.2k $2.6m $2.6m 2.18% Added +171.1k +171,117
59 DRW Securities, LLC 0.38% of their portfolio CHICAGO, IL 172,592172.6k $2.6m $2.6m 0.38% Added +130.4k +130,442
60 HBK Sorce Advisory LLC 0.12% of their portfolio ERIE, PA 169,943169.9k $2.5m $2.5m 0.12% New
61 HUB Investment Partners, LLC 0.54% of their portfolio AUSTIN, TX 169,334169.3k $2.5m $2.5m 0.54% New
62 COLONY GROUP LLC 0.04% of their portfolio Boston, MA 166,189166.2k $2.5m $2.5m 0.04% Added +2.8k +2,821
63 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 155,554155.6k $2.3m $2.3m 0.00% Added +74.1k +74,055
64 Mutual Advisors, LLC 0.09% of their portfolio OMAHA, NE 153,848153.8k $2.3m $2.3m 0.09% Reduced -171.4k -171,361
65 Freedom Investment Management, Inc. 0.25% of their portfolio SOUTH WINDSOR, CT 150,196150.2k $2.3m $2.3m 0.25% New
66 Weil Company, Inc. 1.02% of their portfolio SAN DIEGO, CA 150,000150.0k $2.2m $2.2m 1.02% Reduced -148 -148
67 OPPENHEIMER & CO INC 0.05% of their portfolio NEW YORK, NY 146,934146.9k $2.2m $2.2m 0.05% Reduced -99.5k -99,547
68 Advisory Services Network, LLC 0.06% of their portfolio ATLANTA, GA 143,406143.4k $2.2m $2.2m 0.06% Reduced -716.5k -716,531
69 Verity Asset Management, Inc. 1.26% of their portfolio DURHAM, NC 140,838140.8k $2.1m $2.1m 1.26% Added +21.0k +21,038
70 Capital Wealth Planning, LLC 0.03% of their portfolio NAPLES, FL 136,374136.4k $2.0m $2.0m 0.03% Added +31 +31
71 Lesa Sroufe & Co 2.00% of their portfolio SEATTLE, WA 131,772131.8k $2.0m $2.0m 2.00% Added +1.1k +1,065
72 Meridian Wealth Management, LLC 0.17% of their portfolio LEXINGTON, KY 130,181130.2k $2.0m $2.0m 0.17% Unchanged
73 Pinnacle Family Advisors, LLC 1.18% of their portfolio Springfield, MO 128,696128.7k $1.9m $1.9m 1.18% Added +52.3k +52,312
74 New Harbor Financial Group, LLC 0.68% of their portfolio WORCESTER, MA 123,060123.1k $1.8m $1.8m 0.68% Reduced -7.2k -7,150
75 First Heartland Consultants, Inc. 0.28% of their portfolio LAKE ST. LOUIS, MO 122,647122.6k $1.8m $1.8m 0.28% Reduced -2.0k -2,026
76 Western Wealth Management, LLC 0.17% of their portfolio GOLDEN, CO 122,280122.3k $1.8m $1.8m 0.17% Reduced -160.5k -160,461
77 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 113,383113.4k $1.7m $1.7m 0.00% Added +93.2k +93,207
78 Financial Sense Advisors, Inc. 0.77% of their portfolio SAN DIEGO, CA 112,360112.4k $1.7m $1.7m 0.77% Added +65.3k +65,324
79 Avidian Wealth Enterprises, LLC 0.09% of their portfolio Houston, TX 111,155111.2k $1.7m $1.7m 0.09% Reduced -4.9k -4,889
80 Virtue Capital Management, LLC 0.28% of their portfolio BRENTWOOD, TN 110,757110.8k $1.7m $1.7m 0.28% Added +78.8k +78,754
81 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 109,200109.2k $1.6m $1.6m 0.00% Reduced -151.2k -151,200
82 Laidlaw Wealth Management LLC 0.33% of their portfolio NEW YORK CITY, NY 108,818108.8k $1.6m $1.6m 0.33% Reduced -200 -200
83 IMC-Chicago, LLC 0.23% of their portfolio CHICAGO, IL 89,68089.7k $1.3m $1.3m 0.23% New
84 Wakefield Asset Management LLLP 0.56% of their portfolio Englewood, CO 89,26589.3k $1.3m $1.3m 0.56% New
85 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 85,56185.6k $1.3m $1.3m 0.00% Added +64.6k +64,626
86 OLIVER LAGORE VANVALIN INVESTMENT GROUP 0.57% of their portfolio FLINT, MI 84,55484.6k $1.3m $1.3m 0.57% New
87 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.04% of their portfolio TOKYO, M0 81,26681.3k $1.2m $1.2m 0.04% Added +2.4k +2,417
88 PGIM Custom Harvest LLC 0.05% of their portfolio NEWARK, NJ 81,20081.2k $1.2m $1.2m 0.05% Unchanged
89 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 80,19280.2k $1.2m $1.2m 0.00% Unchanged
90 CENTRAL TRUST Co 0.03% of their portfolio JEFFERSON CITY, MO 77,86077.9k $1.2m $1.2m 0.03% Added +20.8k +20,820
91 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 74,36274.4k $1.1m $1.1m 0.01% Reduced -381.1k -381,080
92 Vigilare Wealth Management 0.60% of their portfolio SCOTTSDALE, AZ 71,33571.3k $1.1m $1.1m 0.60% New
93 Cresset Asset Management, LLC 0.02% of their portfolio Chicago, IL 69,24269.2k $1.0m $1.0m 0.02% Added +26 +26
94 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 68,76368.8k $1.0m $1.0m 0.01% New
95 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 68,76368.8k $1.0m $1.0m 0.01% Reduced -73.1k -73,070
96 Nicholas Hoffman & Company, LLC. 0.09% of their portfolio ATLANTA, GA 66,89166.9k $1.0m $1.0m 0.09% Unchanged
97 Intellectus Partners, LLC 0.31% of their portfolio SAN FRANCISCO, CA 66,00266.0k $990.0k $990.0k 0.31% Added +36.9k +36,852
98 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 62,62362.6k $939.3k $939.3k 0.00% Added +12.6k +12,623
99 TRUE Private Wealth Advisors 0.14% of their portfolio Salem, OR 60,84060.8k $912.6k $912.6k 0.14% Reduced -16.1k -16,070
100 IQ EQ FUND MANAGEMENT (SINGAPORE) PRIVATE Ltd 1.52% of their portfolio SINGAPORE, U0 60,00060.0k $900.0k $900.0k 1.52% Added +30.0k +30,000