Vault-13

PROSHARES TR BITO

BITCOIN STRATE · ETP · CUSIP 74347G440 · ISIN US74347G4405

188 institutional holders -15 vs Q1 2024
34,073,29934.1m shares reported held*
$766.6mreported value*
29 new 59 added 52 reduced 46 sold out net sold ≈ $208.0m (-9.4m 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 ≈ $22.50. Options: 20 managers hold calls ($140.1m notional), 9 hold puts ($150.3m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 160Q4 22: 159Q1 23: 153Q2 23: 163Q3 23: 155Q4 23: 193Q1 24: 203Q2 24: 188188Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022160
Q4 2022159
Q1 2023153
Q2 2023163
Q3 2023155
Q4 2023193
Q1 2024203
Q2 2024188

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 57 bought or addedQ4 22: 76 cut or sold outQ4 22Q1 23: 72 bought or addedQ1 23: 63 cut or sold outQ2 23: 77 bought or addedQ2 23: 59 cut or sold outQ2 23Q3 23: 68 bought or addedQ3 23: 66 cut or sold outQ4 23: 106 bought or addedQ4 23: 59 cut or sold outQ4 23Q1 24: 104 bought or addedQ1 24: 120 cut or sold outQ2 24: 88 bought or addedQ2 24: 98 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20225776
Q1 20237263
Q2 20237759
Q3 20236866
Q4 202310659
Q1 2024104120
Q2 20248898

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 23 calls: $91.2mQ3 23 puts: $58.6mQ3 23P/C 0.64Q4 23 calls: $135.4mQ4 23 puts: $126.0mQ4 23P/C 0.93Q1 24 calls: $190.8mQ1 24 puts: $222.6mQ1 24P/C 1.17Q2 24 calls: $140.1mQ2 24 puts: $150.3mQ2 24P/C 1.07
Numbers
QuarterCallsPutsP/C
Q3 2023$91.2m$58.6m0.64
Q4 2023$135.4m$126.0m0.93
Q1 2024$190.8m$222.6m1.17
Q2 2024$140.1m$150.3m1.07

Biggest buyers

RK Capital Management, LLC/FL Added +865,380+865.4k
CITADEL ADVISORS LLC Added +669,246+669.2k
Acorns Advisers, LLC Added +323,864+323.9k
DRW Securities, LLC Added +161,195+161.2k
FNY Investment Advisers, LLC Added +160,800+160.8k
OLD MISSION CAPITAL LLC Added +119,929+119.9k
SIG North Trading, ULC New +82,512+82.5k
MML INVESTORS SERVICES, LLC Added +50,145+50.1k
WHITEBOX ADVISORS LLC Added +44,170+44.2k
CANTOR FITZGERALD, L. P. New +40,600+40.6k

Biggest sellers

JANE STREET GROUP, LLC Reduced -4,915,111-4.9m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -3,079,193-3.1m
MARSHALL WACE, LLP Sold out -981,014-981.0k
SIMPLEX TRADING, LLC Reduced -607,693-607.7k
SUMMIT SECURITIES GROUP LLC Reduced -558,400-558.4k
WOLVERINE TRADING, LLC Reduced -328,501-328.5k
ARK Investment Management LLC Sold out -275,354-275.4k
Simplicity Wealth,LLC Sold out -167,758-167.8k
K2 PRINCIPAL FUND, L.P. Sold out -130,128-130.1k
Jump Financial, LLC Reduced -127,655-127.7k

Biggest calls

CITADEL ADVISORS LLC Added $67.1m3.0m shares
EXCHANGE TRADED CONCEPTS, LLC Added $33.8m1.5m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $16.6m739.6k shares
WOLVERINE TRADING, LLC Reduced $9.6m425.4k shares
Walleye Trading LLC Reduced $5.8m255.8k shares
SUMMIT SECURITIES GROUP LLC Added $2.4m107.1k shares
KINGDON CAPITAL MANAGEMENT, L.L.C. New $2.3m100.0k shares
Belvedere Trading LLC Reduced $659.5k29.3k shares
Hunting Hill Global Capital, LLC Unchanged $450.2k20.0k shares
J. Goldman & Co LP Reduced $337.6k15.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $74.5m3.3m shares
CITADEL ADVISORS LLC Added $52.7m2.3m shares
Walleye Trading LLC Added $7.3m322.1k shares
DRW Securities, LLC Added $6.5m291.8k shares
WOLVERINE TRADING, LLC Added $5.3m236.7k shares
Belvedere Trading LLC Added $3.9m173.3k shares
HAP Trading, LLC Added $218.5k42.8k shares
FNY Investment Advisers, LLC New $20.0k902 shares
RK Capital Management, LLC/FL New $4.5k200 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JANE STREET GROUP, LLC 0.35% of their portfolio NEW YORK, NY 14,239,52614.2m $320.5m $320.5m 0.35% Reduced -4.9m -4,915,111
2 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.19% of their portfolio BALA CYNWYD, PA 4,828,6344.8m $108.7m $108.7m 0.19% Reduced -3.1m -3,079,193
3 RK Capital Management, LLC/FL 48.70% of their portfolio Weston, FL 4,140,9804.1m $93.2m $93.2m 48.70% Added +865.4k +865,380
4 Acorns Advisers, LLC 0.58% of their portfolio IRVINE, CA 2,391,3702.4m $53.8m $53.8m 0.58% Added +323.9k +323,864
5 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 860,727860.7k $19.4m $19.4m 0.02% Added +669.2k +669,246
6 SYLEBRA CAPITAL LLC 0.65% of their portfolio PALO ALTO, CA 773,865773.9k $17.4m $17.4m 0.65% Unchanged
7 Faithward Advisors, LLC 3.09% of their portfolio LANCASTER, PA 759,429759.4k $17.1m $17.1m 3.09% Reduced -17.8k -17,807
8 WHITEBOX ADVISORS LLC 0.53% of their portfolio MINNEAPOLIS, MN 582,170582.2k $13.1m $13.1m 0.53% Added +44.2k +44,170
9 United Capital Management of KS, Inc. 2.09% of their portfolio SALINA, KS 420,885420.9k $9.5m $9.5m 2.09% Added +11.3k +11,340
10 FNY Investment Advisers, LLC 5.67% of their portfolio NEW YORK, NY 373,600373.6k $8.4m $8.4m 5.67% Added +160.8k +160,800
11 WOLVERINE TRADING, LLC 0.13% of their portfolio CHICAGO, IL 366,050366.1k $8.2m $8.2m 0.13% Reduced -328.5k -328,501
12 Jump Financial, LLC 0.15% of their portfolio Chicago, IL 325,978326.0k $7.3m $7.3m 0.15% Reduced -127.7k -127,655
13 Paragon Advisors, LLC 2.60% of their portfolio COLLEGE STATION, TX 316,729316.7k $7.1m $7.1m 2.60% Reduced -25.3k -25,269
14 SIMPLEX TRADING, LLC 0.22% of their portfolio CHICAGO, IL 298,798298.8k $6.7m $6.7m 0.22% Reduced -607.7k -607,693
15 IMC-Chicago, LLC 0.21% of their portfolio CHICAGO, IL 291,568291.6k $6.6m $6.6m 0.21% Reduced -37.9k -37,888
16 DRW Securities, LLC 0.32% of their portfolio CHICAGO, IL 231,888231.9k $5.1m $5.1m 0.32% Added +161.2k +161,195
17 Proficio Capital Partners LLC 0.50% of their portfolio NEWTON, MA 213,135213.1k $4.8m $4.8m 0.50% Reduced -36.6k -36,560
18 Marathon Trading Investment Management LLC 1.17% of their portfolio RADNOR, PA 194,851194.9k $4.4m $4.4m 1.17% Reduced -105.2k -105,250
19 MFA WEALTH ADVISORS, LLC 0.88% of their portfolio PITTSBURGH, PA 178,947178.9k $4.0m $4.0m 0.88% Reduced -10.5k -10,487
20 OLD MISSION CAPITAL LLC 0.10% of their portfolio CHICAGO, IL 165,547165.5k $3.7m $3.7m 0.10% Added +119.9k +119,929
21 IHT Wealth Management, LLC 0.08% of their portfolio Chicago, IL 98,13998.1k $2.2m $2.2m 0.08% Added +975 +975
22 SIG North Trading, ULC 0.48% of their portfolio Bala Cynwyd, PA 82,51282.5k $1.9m $1.9m 0.48% New
23 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 72,66472.7k $1.6m $1.6m 0.01% Added +50.1k +50,145
24 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 70,97771.0k $1.6m $1.6m 0.00% Added +10.3k +10,326
25 TOTAL INVESTMENT MANAGEMENT INC 0.20% of their portfolio SCOTTSDALE, AZ 69,14669.1k $1.6m $1.6m 0.20% Reduced -121.1k -121,095
26 SUMMIT SECURITIES GROUP LLC 0.58% of their portfolio NEW YORK, NY 67,20067.2k $1.5m $1.5m 0.58% Reduced -558.4k -558,400
27 Stegent Equity Advisors, Inc. 1.57% of their portfolio HOUSTON, TX 67,01067.0k $1.5m $1.5m 1.57% Reduced -1.8k -1,793
28 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 59,74459.7k $1.3m $1.3m 0.01% Added +7.4k +7,405
29 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 57,48457.5k $1.3m $1.3m 0.00% Added +4.3k +4,279
30 Diametric Capital, LP 0.70% of their portfolio BOSTON, MA 57,36357.4k $1.3m $1.3m 0.70% Reduced -9.2k -9,152
31 Park Edge Advisors, LLC 0.35% of their portfolio Cleveland, OH 50,26950.3k $1.1m $1.1m 0.35% Added +16.1k +16,062
32 Atlantic Union Bankshares Corp 0.06% of their portfolio GLEN ALLEN, VA 45,58645.6k $1.0m $1.0m 0.06% Unchanged
33 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 44,66644.7k $1.0m $1.0m 0.00% Added +4.7k +4,653
34 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 43,17443.2k $972.0k $972.0k 0.00% Reduced -10.2k -10,172
35 CANTOR FITZGERALD, L. P. 0.18% of their portfolio NEW YORK, NY 40,60040.6k $913.9k $913.9k 0.18% New
36 Dynamic Advisor Solutions LLC 0.03% of their portfolio PHOENIX, AZ 40,33140.3k $907.9k $907.9k 0.03% Added +2.0k +2,036
37 Perigon Wealth Management, LLC 0.03% of their portfolio SAN FRANCISCO, CA 39,49939.5k $889.1k $889.1k 0.03% Added +1.3k +1,311
38 FORTE ASSET MANAGEMENT LLC 0.52% of their portfolio BEDFORD, NY 39,13439.1k $880.9k $880.9k 0.52% Added +943 +943
39 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 36,07236.1k $812.0k $812.0k 0.00% Unchanged
40 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 35,36935.4k $796.2k $796.2k 0.01% Added +23.4k +23,390
41 Prosperity Wealth Management, Inc. 0.39% of their portfolio San Ramon, CA 34,92534.9k $786.2k $786.2k 0.39% Reduced -25 -25
42 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 34,25734.3k $771.1k $771.1k 0.00% Reduced -16.5k -16,545
43 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 29,28829.3k $811.3k $811.3k 0.01% First filing
44 Triumph Capital Management 0.23% of their portfolio DENVER, CO 26,35426.4k $593.2k $593.2k 0.23% New
45 PFG Investments, LLC 0.04% of their portfolio WOODBURY, NY 26,35126.4k $593.2k $593.2k 0.04% Added +6.3k +6,298
46 Cyndeo Wealth Partners, LLC 0.04% of their portfolio ST. PETERSBURG, FL 24,14824.1k $543.6k $543.6k 0.04% Reduced -120 -120
47 Precision Wealth Strategies, LLC 0.54% of their portfolio SAINT LOUIS, MO 23,35323.4k $525.7k $525.7k 0.54% Added +145 +145
48 Strategic Financial Concepts, LLC 0.00% of their portfolio SAN ANTONIO, TX 22,98223.0k $1.0k $1.0k 0.00% New
49 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 22,05622.1k $496.5k $496.5k 0.01% Reduced -4.8k -4,798
50 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 21,72321.7k $489.0k $489.0k 0.00% Added +1.5k +1,500
51 Mariner, LLC 0.00% of their portfolio Overland Park, KS 21,44121.4k $482.6k $482.6k 0.00% Added +3.0k +2,973
52 PRELUDE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 20,89020.9k $470.2k $470.2k 0.04% Reduced -3.3k -3,333
53 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 20,88420.9k $470.1k $470.1k 0.00% Added +2.9k +2,894
54 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 20,49820.5k $461.4k $461.4k 0.00% Reduced -1.2k -1,212
55 Orion Portfolio Solutions, LLC 0.00% of their portfolio Omaha, NE 20,49820.5k $461.4k $461.4k 0.00% Reduced -1.2k -1,212
56 Evolution Wealth Advisors, LLC 0.09% of their portfolio AVENTURA, FL 20,48220.5k $461.1k $461.1k 0.09% Unchanged
57 Kaizen Financial Strategies 0.29% of their portfolio CAMPBELL, CA 20,45020.4k $469.3k $469.3k 0.29% New
58 Sepio Capital, LP 0.04% of their portfolio Salt Lake City, UT 20,00020.0k $450.0k $450.0k 0.04% Unchanged
59 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 19,63419.6k $442.0k $442.0k 0.00% Reduced -249 -249
60 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 19,47019.5k $438.3k $438.3k 0.01% Added +130 +130
61 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 18,70418.7k $421.0k $421.0k 0.00% Added +489 +489
62 STEVENS CAPITAL MANAGEMENT LP 0.14% of their portfolio RADNOR, PA 18,09418.1k $407.0k $407.0k 0.14% Reduced -7.7k -7,695
63 NKCFO LLC 0.22% of their portfolio GENEVA, IL 18,00018.0k $405.0k $405.0k 0.22% Unchanged
64 CX Institutional 0.02% of their portfolio AUBURN, IN 17,22417.2k $387.7k $387.7k 0.02% Added +284 +284
65 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 17,19517.2k $387.1k $387.1k 0.00% Reduced -5.5k -5,495
66 Altiora Financial Group, LLC 0.09% of their portfolio LEBANON, OH 16,50016.5k $371.4k $371.4k 0.09% Unchanged
67 Diligent Investors, LLC 0.09% of their portfolio REDLANDS, CA 16,39816.4k $369.1k $369.1k 0.09% Reduced -2.1k -2,097
68 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 16,00016.0k $360.2k $360.2k 0.00% New
69 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 15,36915.4k $345.9k $345.9k 0.00% Reduced -1.8k -1,752
70 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 15,12415.1k $340.4k $340.4k 0.01% New
71 Creekmur Asset Management LLC 0.09% of their portfolio MORTON, IL 15,02515.0k $338.2k $338.2k 0.09% New
72 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 15,00015.0k $337.6k $337.6k 0.00% Unchanged
73 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 14,84114.8k $334.1k $334.1k 0.00% Reduced -5.6k -5,582
74 Sowell Financial Services LLC 0.01% of their portfolio NORTH LITTLE ROCK, AR 13,58713.6k $306.0k $306.0k 0.01% Added +53 +53
75 HAP Trading, LLC 0.13% of their portfolio NEW YORK, NY 13,29913.3k $299.4k $299.4k 0.13% Reduced -2.8k -2,838
76 JEPPSON WEALTH MANAGEMENT, LLC 0.11% of their portfolio MANHATTAN BEACH, CA 13,14313.1k $295.8k $295.8k 0.11% Reduced -56 -56
77 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 13,12813.1k $297.0k $297.0k 0.00% Reduced -1.6k -1,591
78 Prime Capital Investment Advisors, LLC 0.00% of their portfolio OVERLAND PARK, KS 12,93812.9k $291.2k $291.2k 0.00% Added +2.8k +2,824
79 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 12,87212.9k $289.7k $289.7k 0.00% Reduced -63.6k -63,553
80 SANDERS MORRIS HARRIS LLC 0.05% of their portfolio Houston, TX 12,71612.7k $286.2k $286.2k 0.05% Unchanged
81 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 12,58612.6k $283.0k $283.0k 0.00% Reduced -43.7k -43,725
82 Interchange Capital Partners, LLC 0.10% of their portfolio PITTSBURGH, PA 12,30612.3k $277.0k $277.0k 0.10% New
83 Headlands Technologies LLC 0.03% of their portfolio CHICAGO, IL 11,70311.7k $263.4k $263.4k 0.03% Reduced -11.8k -11,808
84 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 11,03411.0k $248.4k $248.4k 0.00% Added +38 +38
85 MEANS INVESTMENT CO., INC. 0.03% of their portfolio BANGOR, ME 10,98511.0k $247.3k $247.3k 0.03% Added +4.3k +4,346
86 AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP 0.17% of their portfolio HINGHAM, MA 10,50010.5k $250.7k $250.7k 0.17% New
87 Thrive Wealth Management, LLC 0.05% of their portfolio AUDUBON, PA 10,29010.3k $231.6k $231.6k 0.05% Added +1.5k +1,464
88 Castleview Partners, LLC 0.13% of their portfolio DALLAS, TX 10,18710.2k $229.3k $229.3k 0.13% New
89 Avestar Capital, LLC 0.02% of their portfolio New York, NY 10,00010.0k $225.1k $225.1k 0.02% Added +1.3k +1,300
90 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.01% of their portfolio Seattle, WA 9,96910.0k $224.4k $224.4k 0.01% Added +13 +13
91 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 9,6239.6k $217.0k $217.0k 0.00% Reduced -1.0k -1,011
92 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 9,6079.6k $216.3k $216.3k 0.00% Reduced -1.5k -1,527
93 Trek Financial, LLC 0.02% of their portfolio Scottsdale, AZ 9,5819.6k $215.7k $215.7k 0.02% Added +1.3k +1,265
94 MassMutual Private Wealth & Trust, FSB 0.01% of their portfolio Windsor, CT 7,7907.8k $175.4k $175.4k 0.01% Unchanged
95 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 5,0515.1k $99.9k $99.9k 0.00% Reduced -4.4k -4,410
96 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 4,5374.5k $102.1k $102.1k 0.00% Added +3.8k +3,824
97 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 4,3244.3k $97.3k $97.3k 0.00% Added +613 +613
98 ORG Partners LLC 0.01% of their portfolio ROANOKE, IN 3,9173.9k $86.9k $86.9k 0.01% New
99 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3,6713.7k $82.6k $82.6k 0.00% Unchanged
100 Upper Left Wealth Management, LLC 0.07% of their portfolio TAMPA, FL 3,5123.5k $79.1k $79.1k 0.07% New