Vault-13

PROSHARES TR BITI

SHORT BITCOIN ET · ETP · CUSIP 74347G184 · ISIN US74347G1849

23 institutional holders +7 vs Q1 2026
461,052461.1k shares reported held*
$13.4mreported value*
13 new 3 added 2 reduced 6 sold out net bought ≈ $5.5m (+187.8k 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 ≈ $29.01. Options: 4 managers hold calls ($5.3m notional), 3 hold puts ($7.7m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q4 24: 20Q1 25: 16Q2 25: 15Q3 25: 14Q4 25: 26Q1 26: 16Q2 26: 2323Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q4 202420
Q1 202516
Q2 202515
Q3 202514
Q4 202526
Q1 202616
Q2 202623

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q1 25: 8 bought or addedQ1 25: 13 cut or sold outQ1 25Q2 25: 8 bought or addedQ2 25: 11 cut or sold outQ2 25Q3 25: 7 bought or addedQ3 25: 7 cut or sold outQ3 25Q4 25: 20 bought or addedQ4 25: 5 cut or sold outQ4 25Q1 26: 9 bought or addedQ1 26: 16 cut or sold outQ1 26Q2 26: 16 bought or addedQ2 26: 8 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q1 2025813
Q2 2025811
Q3 202577
Q4 2025205
Q1 2026916
Q2 2026168

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 25 calls: $9.7mQ3 25 puts: $931.9kQ3 25P/C 0.10Q4 25 calls: $14.8mQ4 25 puts: $2.5mQ4 25P/C 0.17Q1 26 calls: $6.7mQ1 26 puts: $5.2mQ1 26P/C 0.78Q2 26 calls: $5.3mQ2 26 puts: $7.7mQ2 26P/C 1.46
Numbers
QuarterCallsPutsP/C
Q3 2025$9.7m$931.9k0.10
Q4 2025$14.8m$2.5m0.17
Q1 2026$6.7m$5.2m0.78
Q2 2026$5.3m$7.7m1.46

Biggest buyers

TUCKER ASSET MANAGEMENT LLC New +72,525+72.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +51,659+51.7k
Jump Financial, LLC New +40,018+40.0k
MYDA Advisors LLC New +40,000+40.0k
Belvedere Trading LLC Added +35,312+35.3k
FLOW TRADERS U.S. LLC New +23,773+23.8k
HRT FINANCIAL LP New +23,099+23.1k
AXQ CAPITAL, LP New +12,432+12.4k
TWO SIGMA SECURITIES, LLC Added +10,897+10.9k
StoneX Group Inc. New +9,066+9.1k

Biggest sellers

JANE STREET GROUP, LLC Reduced -75,274-75.3k
CreativeOne Wealth, LLC Sold out -29,934-29.9k
RENAISSANCE TECHNOLOGIES LLC Sold out -24,000-24.0k
SYKON CAPITAL LLC Sold out -18,563-18.6k
AE Wealth Management LLC Sold out -400-400
HIGHLINE WEALTH PARTNERS LLC Reduced -50-50
TORONTO DOMINION BANK Sold out -16-16
MORGAN STANLEY Sold out -1-1

Biggest calls

CITADEL ADVISORS LLC Added $3.7m127.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.0m35.6k shares
JANE STREET GROUP, LLC Reduced $290.3k10.0k shares
Belvedere Trading LLC Reduced $249.7k8.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.9m169.3k shares
Belvedere Trading LLC Added $2.1m72.5k shares
CITADEL ADVISORS LLC Reduced $653.2k22.5k 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Black Samuel Patton IV 13G · passive investor new · filed 2025-12-11 7.6% new 437.6k≈ $12.7m 2025-12-11
Black Christopher William 13G · passive investor new · filed 2025-12-11 6.2% new 360.0k≈ $10.5m 2025-12-11

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TUCKER ASSET MANAGEMENT LLC 0.52% of their portfolio LITTLETON, CO 72,52572.5k $2.1m $2.1m 0.52% New
2 IMC-Chicago, LLC 0.02% of their portfolio CHICAGO, IL 67,30567.3k $2.0m $2.0m 0.02% Added +6.9k +6,889
3 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 51,65951.7k $1.5m $1.5m 0.00% New
4 Belvedere Trading LLC 0.12% of their portfolio CHICAGO, IL 49,36849.4k $1.4m $1.4m 0.12% Added +35.3k +35,312
5 Jump Financial, LLC 0.01% of their portfolio Chicago, IL 40,01840.0k $1.2m $1.2m 0.01% New
6 MYDA Advisors LLC 0.28% of their portfolio WOODMERE, NY 40,00040.0k $1.2m $1.2m 0.28% New
7 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 38,10038.1k $1.1m $1.1m 0.00% Reduced -75.3k -75,274
8 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 23,77323.8k $690.0k $690.0k 0.03% New
9 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 23,09923.1k $670.0k $670.0k 0.00% New
10 TWO SIGMA SECURITIES, LLC 0.05% of their portfolio NEW YORK, NY 19,13119.1k $555.4k $555.4k 0.05% Added +10.9k +10,897
11 AXQ CAPITAL, LP 0.04% of their portfolio JERSEY CITY, NJ 12,43212.4k $360.9k $360.9k 0.04% New
12 StoneX Group Inc. 0.01% of their portfolio NEW YORK, NY 9,0669.1k $254.4k $254.4k 0.01% New
13 CCG WEALTH MANAGEMENT, LLC 0.05% of their portfolio SAN DIEGO, CA 7,0007.0k $203.2k $203.2k 0.05% New
14 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 3,1873.2k $92.5k $92.5k 0.00% New
15 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 2,7002.7k $78.4k $78.4k 0.00% Unchanged
16 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 1,1891.2k $34.5k $34.5k 0.00% Unchanged
17 HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio SHERMAN OAKS, CA 200200 $5.8k $5.8k 0.00% Reduced -50 -50
18 Hillsdale Investment Management Inc. 0.00% of their portfolio Toronto, A6 150150 $4.4k $4.4k 0.00% New
19 UBS Group AG 0.00% of their portfolio ZURICH, V8 7373 $2.1k $2.1k 0.00% Unchanged
20 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3535 $1.0k $1.0k 0.00% New
21 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 2020 $539 $539 0.00% Unchanged
22 SWAN Capital LLC 0.00% of their portfolio PENSACOLA, FL 1212 $348 $348 0.00% New
23 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1010 $290 $290 0.00% Unchanged