Vault-13

PROSHARES TR REGL

S&P MDCP 400 DIV · ETP · CUSIP 74347B680

230 institutional holders +0 vs Q2 2025
14,528,07514.5m shares reported held*
$1.2bnreported value*
17 new 96 added 72 reduced 13 sold out net sold ≈ $36.9m (-426.2k 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 ($33.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $85.30. Options: 1 managers hold calls ($204.8k notional), 0 hold puts (—).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 155Q4 22: 195Q1 23: 203Q2 23: 208Q3 23: 205Q4 23: 199Q1 24: 214Q2 24: 207Q3 24: 206Q4 24: 210Q1 25: 218Q2 25: 230Q3 25: 230230Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022155
Q4 2022195
Q1 2023203
Q2 2023208
Q3 2023205
Q4 2023199
Q1 2024214
Q2 2024207
Q3 2024206
Q4 2024210
Q1 2025218
Q2 2025230
Q3 2025230

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 23: 78 bought or addedQ4 23: 105 cut or sold outQ1 24: 101 bought or addedQ1 24: 85 cut or sold outQ1 24Q2 24: 74 bought or addedQ2 24: 103 cut or sold outQ3 24: 92 bought or addedQ3 24: 86 cut or sold outQ3 24Q4 24: 102 bought or addedQ4 24: 68 cut or sold outQ1 25: 104 bought or addedQ1 25: 76 cut or sold outQ1 25Q2 25: 121 bought or addedQ2 25: 86 cut or sold outQ3 25: 113 bought or addedQ3 25: 85 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 202378105
Q1 202410185
Q2 202474103
Q3 20249286
Q4 202410268
Q1 202510476
Q2 202512186
Q3 202511385

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $204.8kQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$0$0—
Q1 2025$0$0—
Q2 2025$0$0—
Q3 2025$204.8k$00.00

Biggest buyers

UBS Group AG Added +53,742+53.7k
Sanctuary Advisors, LLC Added +45,385+45.4k
Visionary Wealth Advisors Added +36,158+36.2k
LPL Financial LLC Added +33,210+33.2k
Mariner, LLC Added +25,583+25.6k
FSA WEALTH PARTNERS, INC. New +24,670+24.7k
PRINCIPAL SECURITIES, INC. Added +21,638+21.6k
ENVESTNET ASSET MANAGEMENT INC Added +20,559+20.6k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +19,883+19.9k
Modern Wealth Management, LLC Added +13,892+13.9k

Biggest sellers

ROYAL BANK OF CANADA Reduced -305,531-305.5k
COLDSTREAM CAPITAL MANAGEMENT INC Reduced -159,998-160.0k
WELLS FARGO & COMPANY/MN Reduced -89,611-89.6k
TWO SIGMA INVESTMENTS, LP Sold out -43,200-43.2k
MORGAN STANLEY Reduced -42,123-42.1k
Integrated Advisors Network LLC Sold out -40,048-40.0k
Rockefeller Capital Management L.P. Reduced -33,531-33.5k
CONFLUENCE INVESTMENT MANAGEMENT LLC Reduced -30,625-30.6k
BENJAMIN EDWARDS INC Reduced -18,250-18.2k
Baird Financial Group, Inc. Reduced -17,889-17.9k

Biggest calls

CITADEL ADVISORS LLC New $204.8k2.4k shares

Biggest puts

None

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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,313,9012.3m $197.5m $197.5m 0.01% Reduced -42.1k -42,123
2 COLDSTREAM CAPITAL MANAGEMENT INC 2.59% of their portfolio BELLEVUE, WA 2,256,2592.3m $192.5m $192.5m 2.59% Reduced -160.0k -159,998
3 STIFEL FINANCIAL CORP 0.07% of their portfolio ST. LOUIS, MO 874,799874.8k $74.7m $74.7m 0.07% Reduced -7.9k -7,922
4 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 742,966743.0k $63.4m $63.4m 0.02% Added +33.2k +33,210
5 BENJAMIN EDWARDS INC 0.71% of their portfolio Clayton, MO 739,235739.2k $63.1m $63.1m 0.71% Reduced -18.2k -18,250
6 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 675,406675.4k $57.6m $57.6m 0.02% Added +12.4k +12,371
7 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 560,167560.2k $47.8m $47.8m 0.03% Added +19.9k +19,883
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 534,006534.0k $45.6m $45.6m 0.00% Reduced -4.4k -4,445
9 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 464,392464.4k $39.6m $39.6m 0.01% Reduced -89.6k -89,611
10 UBS Group AG 0.01% of their portfolio ZURICH, V8 365,549365.5k $31.2m $31.2m 0.01% Added +53.7k +53,742
11 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 294,281294.3k $25.1m $25.1m 0.00% Reduced -305.5k -305,531
12 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 289,104289.1k $24.7m $24.7m 0.04% Reduced -17.9k -17,889
13 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.33% of their portfolio ST. LOUIS, MO 269,556269.6k $23.0m $23.0m 0.33% Reduced -30.6k -30,625
14 &PARTNERS 0.14% of their portfolio NASHVILLE, TN 262,611262.6k $22.4m $22.4m 0.14% Added +7.0k +6,962
15 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 247,385247.4k $21.1m $21.1m 0.03% Reduced -11.7k -11,691
16 TOTH FINANCIAL ADVISORY CORP 2.00% of their portfolio LEESBURG, VA 217,110217.1k $18.5m $18.5m 2.00% Added +8.4k +8,359
17 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 206,803206.8k $17.6m $17.6m 0.00% Added +7.5k +7,509
18 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 140,561140.6k $12.0m $12.0m 0.00% Added +20.6k +20,559
19 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 119,593119.6k $10.2m $10.2m 0.01% Reduced -4.7k -4,657
20 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 92,90692.9k $7.7m $7.7m 0.02% Added +45.4k +45,385
21 FAS Wealth Partners, Inc. 0.54% of their portfolio LEAWOOD, KS 92,76292.8k $7.9m $7.9m 0.54% Added +6.2k +6,223
22 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 87,81687.8k $7.5m $7.5m 0.01% Added +11.8k +11,848
23 SILVER OAK SECURITIES, INCORPORATED 0.56% of their portfolio JACKSON, TN 87,15587.2k $7.4m $7.4m 0.56% Added +2.5k +2,468
24 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 78,53078.5k $6.7m $6.7m 0.02% Reduced -14.9k -14,937
25 SMITH, MOORE & CO. 0.51% of their portfolio CLAYTON, MO 77,95878.0k $6.7m $6.7m 0.51% Reduced -1.4k -1,403
26 Modern Wealth Management, LLC 0.13% of their portfolio KANSAS CITY, MO 77,20777.2k $6.6m $6.6m 0.13% Added +13.9k +13,892
27 Visionary Wealth Advisors 0.30% of their portfolio O'FALLON, IL 75,28375.3k $6.4m $6.4m 0.30% Added +36.2k +36,158
28 Connecticut Wealth Management, LLC 0.28% of their portfolio FARMINGTON, CT 75,01575.0k $6.4m $6.4m 0.28% Reduced -1.4k -1,419
29 Dogwood Wealth Management LLC 2.87% of their portfolio LENEXA, KS 73,94973.9k $6.3m $6.3m 2.87% Added +6.9k +6,940
30 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 72,73972.7k $6.2m $6.2m 0.02% Unchanged
31 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 70,23770.2k $6.0m $6.0m 0.00% Added +6.7k +6,685
32 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 62,76262.8k $5.4m $5.4m 0.01% Added +10.1k +10,064
33 Jacobi Capital Management LLC 0.30% of their portfolio PITTSTON, PA 57,56457.6k $4.9m $4.9m 0.30% Reduced -616 -616
34 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 56,03856.0k $4.8m $4.8m 0.01% Reduced -735 -735
35 Capital Advisors, Ltd. LLC 0.52% of their portfolio SHAKER HEIGHTS, OH 54,07054.1k $4.6m $4.6m 0.52% Reduced -1.1k -1,082
36 Cascade Financial Partners, LLC 0.51% of their portfolio SAN DIEGO, CA 51,85351.9k $4.4m $4.4m 0.51% Reduced -1.7k -1,672
37 United Advisor Group, LLC 0.55% of their portfolio CINCINNATI, OH 47,58547.6k $4.1m $4.1m 0.55% Added +555 +555
38 PINNACLE ASSOCIATES LTD 0.05% of their portfolio NEW YORK, NY 45,86345.9k $3.9m $3.9m 0.05% Reduced -5.3k -5,301
39 Avant Capital LLC 2.74% of their portfolio LAFAYETTE, LA 45,57845.6k $3.9m $3.9m 2.74% Reduced -396 -396
40 World Investment Advisors 0.08% of their portfolio LINCROFT, NJ 44,99945.0k $3.8m $3.8m 0.08% Added +65 +65
41 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 44,40444.4k $3.8m $3.8m 0.02% Reduced -1.7k -1,695
42 Essex Financial Services, Inc. 0.23% of their portfolio ESSEX, CT 44,22044.2k $3.8m $3.8m 0.23% Reduced -2.7k -2,663
43 Gladstone Institutional Advisory LLC 0.14% of their portfolio Bedminster, NJ 43,05243.1k $3.7m $3.7m 0.14% Reduced -1.6k -1,586
44 KOM Wealth Management Group, LLC 2.56% of their portfolio APPLETON, WI 39,62939.6k $3.4m $3.4m 2.56% Added +1.2k +1,166
45 LMG Wealth Partners, LLC 0.61% of their portfolio SHREVEPORT, LA 38,51638.5k $3.3m $3.3m 0.61% Added +47 +47
46 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 37,89137.9k $3.2m $3.2m 0.01% Reduced -33.5k -33,531
47 Summit Wealth Partners, LLC 0.57% of their portfolio Orlando, FL 36,93436.9k $3.2m $3.2m 0.57% Reduced -2.5k -2,461
48 HARBOUR INVESTMENTS, INC. 0.07% of their portfolio MADISON, WI 34,15134.2k $2.9m $2.9m 0.07% Added +3.1k +3,079
49 Premier Path Wealth Partners, LLC 0.36% of their portfolio MADISON, NJ 32,83432.8k $2.8m $2.8m 0.36% Added +2.2k +2,249
50 Mariner, LLC 0.00% of their portfolio Overland Park, KS 31,49631.5k $2.7m $2.7m 0.00% Added +25.6k +25,583
51 Landmark Wealth Management, LLC 1.04% of their portfolio MELVILLE, NY 30,62330.6k $2.6m $2.6m 1.04% Added +531 +531
52 Dynamic Advisor Solutions LLC 0.07% of their portfolio PHOENIX, AZ 29,83129.8k $2.5m $2.5m 0.07% Added +1.9k +1,908
53 PRINCIPAL SECURITIES, INC. 0.04% of their portfolio DES MOINES, IA 27,20627.2k $2.3m $2.3m 0.04% Added +21.6k +21,638
54 Clear Creek Financial Management, LLC 0.20% of their portfolio SILVERDALE, WA 26,92726.9k $2.3m $2.3m 0.20% Added +1.4k +1,419
55 FSA WEALTH PARTNERS, INC. 0.81% of their portfolio Rockville, MD 24,67024.7k $2.1m $2.1m 0.81% New
56 Biondo Investment Advisors, LLC 0.26% of their portfolio MILFORD, PA 24,09824.1k $2.1m $2.1m 0.26% Added +1.1k +1,115
57 PMG Wealth Management, Inc. 1.53% of their portfolio Hawthorn Woods, IL 23,66123.7k $2.0m $2.0m 1.53% Added +64 +64
58 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 23,40423.4k $2.0m $2.0m 0.00% Reduced -127 -127
59 VERUS CAPITAL PARTNERS, LLC 0.15% of their portfolio SCOTTSDALE, AZ 21,88521.9k $1.9m $1.9m 0.15% Added +1.2k +1,211
60 PFG Investments, LLC 0.09% of their portfolio WOODBURY, NY 21,35121.4k $1.8m $1.8m 0.09% Added +497 +497
61 Ameritas Advisory Services, LLC 0.12% of their portfolio Lincoln, NE 21,09021.1k $1.8m $1.8m 0.12% Reduced -1.3k -1,312
62 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 20,97721.0k $1.8m $1.8m 0.00% Reduced -955 -955
63 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 19,22119.2k $1.6m $1.6m 0.00% Added +5.3k +5,344
64 WealthPlan Investment Management, LLC 0.11% of their portfolio OMAHA, NE 18,78318.8k $1.6m $1.6m 0.11% Reduced -238 -238
65 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 17,93417.9k $1.5m $1.5m 0.01% Added +157 +157
66 HOLLENCREST CAPITAL MANAGEMENT 0.05% of their portfolio NEWPORT BEACH, CA 17,48417.5k $1.5m $1.5m 0.05% Added +170 +170
67 Royal Capital Wealth Management, LLC 0.87% of their portfolio CARMEL, IN 16,64016.6k $1.4m $1.4m 0.87% Added +13 +13
68 WEDBUSH SECURITIES INC 0.05% of their portfolio PASADENA, CA 16,22816.2k $1.4m $1.4m 0.05% Added +1.4k +1,431
69 Atlas Brown,Inc. 0.41% of their portfolio LOUISVILLE, KY 16,17016.2k $1.4m $1.4m 0.41% Added +212 +212
70 Tower Wealth Partners, Inc. 0.69% of their portfolio LEWISBURG, PA 14,66714.7k $1.3m $1.3m 0.69% Added +1.2k +1,175
71 ROMAN BUTLER FULLERTON & CO 0.31% of their portfolio ST LOUIS, MO 14,24914.2k $1.2m $1.2m 0.31% Added +637 +637
72 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 14,17814.2k $1.2m $1.2m 0.00% Reduced -2.8k -2,800
73 COMERICA BANK 0.00% of their portfolio DALLAS, TX 14,09514.1k $1.2m $1.2m 0.00% Reduced -58 -58
74 Intrepid Financial Planning Group LLC 0.44% of their portfolio CARMEL, IN 13,61213.6k $1.2m $1.2m 0.44% Reduced -652 -652
75 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.07% of their portfolio CEDAR RAPIDS, IA 13,27013.3k $1.1m $1.1m 0.07% Reduced -2 -2
76 Quad-Cities Investment Group, LLC 0.47% of their portfolio DAVENPORT, IA 12,95213.0k $1.1m $1.1m 0.47% Reduced -152 -152
77 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 12,78412.8k $1.1m $1.1m 0.00% Added +1.1k +1,127
78 Core Wealth Advisors, Inc. 0.28% of their portfolio LAKELAND, FL 12,69112.7k $1.1m $1.1m 0.28% Added +515 +515
79 MSH Capital Advisors LLC 0.28% of their portfolio SCOTTSDALE, AZ 12,31212.3k $1.1m $1.1m 0.28% Reduced -192 -192
80 COZAD ASSET MANAGEMENT INC 0.08% of their portfolio CHAMPAIGN, IL 12,03212.0k $1.0m $1.0m 0.08% Reduced -275 -275
81 Tempus Wealth Planning, LLC 0.23% of their portfolio IRVINE, CA 11,63311.6k $992.8k $992.8k 0.23% Added +185 +185
82 SUMMIT WEALTH GROUP LLC / CO 0.06% of their portfolio COLORADO SPRINGS, CO 11,23211.2k $519.4k $519.4k 0.06% New
83 KRAEMATON INVESTMENT ADVISORS, INC 0.80% of their portfolio BRAINTREE, MA 10,97211.0k $936.3k $936.3k 0.80% Added +49 +49
84 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 10,79210.8k $921.0k $921.0k 0.02% Added +502 +502
85 BEAM WEALTH ADVISORS, INC. 0.25% of their portfolio COVINGTON, LA 10,73210.7k $915.9k $915.9k 0.25% Reduced -1.1k -1,063
86 L.M. KOHN & COMPANY 1.06% of their portfolio CINCINNATI, OH 10,33910.3k $882.4k $882.4k 1.06% Added +1.8k +1,750
87 Jackson, Grant Investment Advisers, Inc. 0.29% of their portfolio STAMFORD, CT 10,13110.1k $864.5k $864.5k 0.29% Added +26 +26
88 Harvest Investment Services, LLC 0.17% of their portfolio Oakbrook Terrace, IL 10,01610.0k $854.8k $854.8k 0.17% Reduced -504 -504
89 Northwest Financial Advisors 1.09% of their portfolio HERNDON, VA 9,9389.9k $848.1k $848.1k 1.09% Reduced -640 -640
90 Capital Investment Advisors, LLC 0.01% of their portfolio ATLANTA, GA 9,6249.6k $821.3k $821.3k 0.01% Added +437 +437
91 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 9,3899.4k $801.3k $801.3k 0.00% New
92 Key Financial Inc 0.14% of their portfolio WEST CHESTER, PA 8,8898.9k $757.0k $757.0k 0.14% Reduced -795 -795
93 L & S Advisors Inc 0.07% of their portfolio Los Angeles, CA 8,5288.5k $727.8k $727.8k 0.07% Reduced -1.4k -1,422
94 FMR LLC 0.00% of their portfolio BOSTON, MA 8,4138.4k $717.9k $717.9k 0.00% Added +2.2k +2,246
95 Parcion Private Wealth LLC 0.04% of their portfolio BELLEVUE, WA 8,3458.3k $712.1k $712.1k 0.04% Reduced -19 -19
96 CFS Investment Advisory Services, LLC 0.05% of their portfolio TOTOWA, NJ 7,6967.7k $646.9k $646.9k 0.05% Added +119 +119
97 Anson Capital, Inc. 0.48% of their portfolio TYRONE, GA 7,5197.5k $641.7k $641.7k 0.48% Added +470 +470
98 Acorn Wealth Advisors, LLC 0.20% of their portfolio Grand Blanc, MI 7,3327.3k $625.7k $625.7k 0.20% Reduced -387 -387
99 PFG Advisors 0.03% of their portfolio Phoenix, AZ 7,3027.3k $623.1k $623.1k 0.03% Added +64 +64
100 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 6,8776.9k $586.9k $586.9k 0.01% Reduced -20 -20