Vault-13

PROSHARES TR BITO

BITCOIN STRATE · ETP · CUSIP 74347G440 · ISIN US74347G4405

200 institutional holders +22 vs Q3 2024
21,267,65921.3m shares reported held*
$484.3mreported value*
45 new 63 added 43 reduced 37 sold out net sold ≈ $119.3m (-5.2m 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 ≈ $22.77. Options: 17 managers hold calls ($345.6m notional), 12 hold puts ($303.4m).

Trends to Q4 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: 188Q3 24: 178Q4 24: 200200Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022160
Q4 2022159
Q1 2023153
Q2 2023163
Q3 2023155
Q4 2023193
Q1 2024203
Q2 2024188
Q3 2024178
Q4 2024200

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 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 24Q3 24: 91 bought or addedQ3 24: 81 cut or sold outQ4 24: 108 bought or addedQ4 24: 80 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20237263
Q2 20237759
Q3 20236866
Q4 202310659
Q1 2024104120
Q2 20248898
Q3 20249181
Q4 202410880

Calls vs puts

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

CallsPuts
$0$100m$200m$300m$400mQ1 24 calls: $190.8mQ1 24 puts: $222.6mQ1 24P/C 1.17Q2 24 calls: $140.1mQ2 24 puts: $150.3mQ2 24P/C 1.07Q3 24 calls: $369.3mQ3 24 puts: $304.3mQ3 24P/C 0.82Q4 24 calls: $345.6mQ4 24 puts: $303.4mQ4 24P/C 0.88
Numbers
QuarterCallsPutsP/C
Q1 2024$190.8m$222.6m1.17
Q2 2024$140.1m$150.3m1.07
Q3 2024$369.3m$304.3m0.82
Q4 2024$345.6m$303.4m0.88

Biggest buyers

GOLDMAN SACHS GROUP INC Added +3,181,195+3.2m
CITADEL ADVISORS LLC Added +549,988+550.0k
SUMMIT SECURITIES GROUP LLC Added +295,998+296.0k
SIG North Trading, ULC New +279,883+279.9k
Tidal Investments LLC New +205,138+205.1k
Quinn Opportunity Partners LLC New +165,000+165.0k
Proficio Capital Partners LLC Added +143,570+143.6k
IMC-Chicago, LLC New +116,735+116.7k
WOLVERINE TRADING, LLC Added +94,075+94.1k
Realta Investment Advisors Added +92,179+92.2k

Biggest sellers

RK Capital Management, LLC/FL Sold out -6,127,380-6.1m
JANE STREET GROUP, LLC Reduced -1,776,297-1.8m
WHITEBOX ADVISORS LLC Sold out -697,042-697.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -361,400-361.4k
PRELUDE CAPITAL MANAGEMENT, LLC Sold out -311,074-311.1k
Jefferies Financial Group Inc. Sold out -250,000-250.0k
SIMPLEX TRADING, LLC Sold out -208,816-208.8k
Belvedere Trading LLC Reduced -199,651-199.7k
HRT FINANCIAL LP Sold out -157,372-157.4k
TOTAL INVESTMENT MANAGEMENT INC Reduced -112,401-112.4k

Biggest calls

JANE STREET GROUP, LLC Reduced $172.5m7.6m shares
CITADEL ADVISORS LLC Added $82.1m3.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $53.3m2.3m shares
WOLVERINE TRADING, LLC Added $20.3m882.9k shares
Luxor Capital Group, LP New $11.4m500.0k shares
Walleye Trading LLC Reduced $3.6m156.6k shares
PEAK6 LLC First filing $865.6k38.0k shares
Venture Visionary Partners LLC New $387.3k17.0k shares
DRW Securities, LLC Reduced $382.7k16.8k shares
Jefferies Financial Group Inc. Unchanged $277.9k12.2k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $59.8m2.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $59.4m2.6m shares
Graham Capital Management, L.P. New $57.0m2.5m shares
JANE STREET GROUP, LLC Reduced $56.4m2.5m shares
Balyasny Asset Management L.P. Added $41.3m1.8m shares
J. Goldman & Co LP New $9.4m412.6k shares
WOLVERINE TRADING, LLC Added $9.2m401.3k shares
Walleye Trading LLC Reduced $6.8m298.2k shares
Belvedere Trading LLC Reduced $3.4m147.5k shares
DRW Securities, LLC Reduced $637.8k28.0k 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JANE STREET GROUP, LLC 0.19% of their portfolio NEW YORK, NY 5,154,7785.2m $117.4m $117.4m 0.19% Reduced -1.8m -1,776,297
2 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 3,229,6283.2m $73.6m $73.6m 0.01% Added +3.2m +3,181,195
3 Acorns Advisers, LLC 0.70% of their portfolio IRVINE, CA 3,159,1153.2m $72.0m $72.0m 0.70% Added +87.3k +87,345
4 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% of their portfolio BALA CYNWYD, PA 2,391,5532.4m $54.5m $54.5m 0.08% Reduced -361.4k -361,400
5 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 1,046,8791.0m $23.8m $23.8m 0.02% Added +550.0k +549,988
6 Faithward Advisors, LLC 3.00% of their portfolio LANCASTER, PA 772,654772.7k $17.6m $17.6m 3.00% Added +15.5k +15,457
7 Legacy Investment Solutions, LLC 7.51% of their portfolio BOISE, ID 512,966513.0k $11.4m $11.4m 7.51% Reduced -73.5k -73,493
8 Legacy Wealth Managment, LLC/ID 7.51% of their portfolio BOISE, ID 512,966513.0k $11.4m $11.4m 7.51% Reduced -73.5k -73,493
9 SUMMIT SECURITIES GROUP LLC 3.16% of their portfolio NEW YORK, NY 371,498371.5k $8.5m $8.5m 3.16% Added +296.0k +295,998
10 Proficio Capital Partners LLC 0.59% of their portfolio NEWTON, MA 317,005317.0k $7.2m $7.2m 0.59% Added +143.6k +143,570
11 SIG North Trading, ULC 1.46% of their portfolio Bala Cynwyd, PA 279,883279.9k $6.4m $6.4m 1.46% New
12 Tidal Investments LLC 0.04% of their portfolio Milwaukee, WI 205,138205.1k $4.7m $4.7m 0.04% New
13 MFA WEALTH ADVISORS, LLC 1.18% of their portfolio PITTSBURGH, PA 202,541202.5k $4.6m $4.6m 1.18% Added +25.1k +25,138
14 WOLVERINE TRADING, LLC 0.10% of their portfolio CHICAGO, IL 184,964185.0k $4.3m $4.3m 0.10% Added +94.1k +94,075
15 Belvedere Trading LLC 0.32% of their portfolio CHICAGO, IL 183,775183.8k $4.2m $4.2m 0.32% Reduced -199.7k -199,651
16 Quinn Opportunity Partners LLC 0.27% of their portfolio CHARLOTTESVILLE, VA 165,000165.0k $3.8m $3.8m 0.27% New
17 IMC-Chicago, LLC 0.07% of their portfolio CHICAGO, IL 116,735116.7k $2.7m $2.7m 0.07% New
18 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 109,363109.4k $2.5m $2.5m 0.01% Added +24.6k +24,591
19 IHT Wealth Management, LLC 0.08% of their portfolio Chicago, IL 103,474103.5k $2.4m $2.4m 0.08% Reduced -93.3k -93,308
20 Realta Investment Advisors 1.01% of their portfolio WILMINGTON, DE 102,439102.4k $2.5m $2.5m 1.01% Added +92.2k +92,179
21 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 82,05582.1k $1.9m $1.9m 0.01% Added +35.6k +35,619
22 Dynamic Advisor Solutions LLC 0.08% of their portfolio PHOENIX, AZ 78,38378.4k $1.8m $1.8m 0.08% Added +17.7k +17,746
23 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 77,57677.6k $1.8m $1.8m 0.00% Added +54.2k +54,211
24 Tower Research Capital LLC (TRC) 0.03% of their portfolio NEW YORK, NY 67,06167.1k $1.5m $1.5m 0.03% Added +55.2k +55,232
25 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 66,48966.5k $1.5m $1.5m 0.00% Reduced -1.8k -1,760
26 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 60,92560.9k $1.4m $1.4m 0.00% Added +43.7k +43,735
27 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 55,02955.0k $1.3m $1.3m 0.00% New
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 51,25751.3k $1.2m $1.2m 0.00% Added +49.0k +48,957
29 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 50,76050.8k $1.2m $1.2m 0.00% Added +16.3k +16,316
30 Jump Financial, LLC 0.02% of their portfolio Chicago, IL 50,04250.0k $1.1m $1.1m 0.02% New
31 Atlantic Union Bankshares Corp 0.06% of their portfolio GLEN ALLEN, VA 45,19145.2k $1.0m $1.0m 0.06% Unchanged
32 Ausdal Financial Partners, Inc. 0.09% of their portfolio Davenport, IA 44,48844.5k $1.0m $1.0m 0.09% Added +21.4k +21,350
33 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 43,68143.7k $995.1k $995.1k 0.01% Added +17.1k +17,117
34 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 43,68143.7k $995.1k $995.1k 0.01% Added +17.1k +17,117
35 Marathon Trading Investment Management LLC 0.16% of their portfolio RADNOR, PA 42,90242.9k $977.3k $977.3k 0.16% Reduced -82.0k -82,042
36 TOTAL INVESTMENT MANAGEMENT INC 0.12% of their portfolio SCOTTSDALE, AZ 38,58138.6k $878.9k $878.9k 0.12% Reduced -112.4k -112,401
37 IQ EQ FUND MANAGEMENT (SINGAPORE) PRIVATE Ltd 0.45% of their portfolio SINGAPORE, U0 38,00038.0k $865.6k $865.6k 0.45% New
38 TCFG WEALTH MANAGEMENT, LLC 0.44% of their portfolio LAGUNA NIGUEL, CA 37,97338.0k $865.0k $865.0k 0.44% New
39 Stegent Equity Advisors, Inc. 0.87% of their portfolio HOUSTON, TX 37,61137.6k $856.8k $856.8k 0.87% Reduced -2.3k -2,326
40 Perigon Wealth Management, LLC 0.02% of their portfolio SAN FRANCISCO, CA 37,18437.2k $907.7k $907.7k 0.02% Reduced -4.0k -4,025
41 Arkadios Wealth Advisors 0.04% of their portfolio ATLANTA, GA 34,59234.6k $788.0k $788.0k 0.04% New
42 DRW Securities, LLC 0.05% of their portfolio CHICAGO, IL 33,83433.8k $770.7k $770.7k 0.05% New
43 Prosperity Wealth Management, Inc. 0.31% of their portfolio San Ramon, CA 32,70532.7k $745.0k $745.0k 0.31% Reduced -2.0k -2,000
44 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 31,90531.9k $726.8k $726.8k 0.00% Reduced -9.2k -9,199
45 Triumph Capital Management 0.23% of their portfolio DENVER, CO 29,46729.5k $671.3k $671.3k 0.23% Reduced -5.8k -5,778
46 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 29,43129.4k $670.0k $670.0k 0.00% Reduced -63.6k -63,619
47 Claris Financial LLC 0.42% of their portfolio GLEN ALLEN, VA 27,72727.7k $631.6k $631.6k 0.42% First filing
48 PFG Investments, LLC 0.04% of their portfolio WOODBURY, NY 26,84526.8k $611.5k $611.5k 0.04% Added +582 +582
49 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 23,15623.2k $527.5k $527.5k 0.00% Reduced -27.2k -27,202
50 SILVER OAK SECURITIES, INCORPORATED 0.05% of their portfolio JACKSON, TN 22,95723.0k $527.8k $527.8k 0.05% Reduced -41.6k -41,587
51 Mariner, LLC 0.00% of their portfolio Overland Park, KS 22,62622.6k $515.4k $515.4k 0.00% Added +3.3k +3,322
52 UBS Group AG 0.00% of their portfolio ZURICH, V8 22,00422.0k $501.3k $501.3k 0.00% New
53 STEVENS CAPITAL MANAGEMENT LP 0.20% of their portfolio RADNOR, PA 22,00022.0k $501.0k $501.0k 0.20% Reduced -64.2k -64,233
54 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 21,95021.9k $500.0k $500.0k 0.01% Added +3.5k +3,460
55 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 21,15521.2k $481.9k $481.9k 0.00% Added +1.3k +1,299
56 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 20,70020.7k $471.5k $471.5k 0.00% New
57 Sepio Capital, LP 0.04% of their portfolio Salt Lake City, UT 20,00020.0k $455.6k $455.6k 0.04% Unchanged
58 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 19,81519.8k $466.0k $466.0k 0.00% Added +5.0k +4,986
59 CX Institutional 0.02% of their portfolio AUBURN, IN 19,74419.7k $449.8k $449.8k 0.02% Reduced -533 -533
60 Precision Wealth Strategies, LLC 0.34% of their portfolio SAINT LOUIS, MO 19,08519.1k $434.8k $434.8k 0.34% Reduced -310 -310
61 Evolution Wealth Advisors, LLC 0.07% of their portfolio AVENTURA, FL 18,98219.0k $432.4k $432.4k 0.07% Unchanged
62 Cannon Advisors, Inc. 0.36% of their portfolio CHARLOTTE, NC 18,72118.7k $426.5k $426.5k 0.36% Added +3.9k +3,907
63 MEANS INVESTMENT CO., INC. 0.04% of their portfolio BANGOR, ME 18,48018.5k $421.0k $421.0k 0.04% Added +2.0k +2,027
64 VISION FINANCIAL MARKETS LLC 0.40% of their portfolio STAMFORD, CT 16,20216.2k $369.1k $369.1k 0.40% First filing
65 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 15,91715.9k $362.6k $362.6k 0.00% New
66 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 15,52215.5k $353.6k $353.6k 0.00% Reduced -647 -647
67 Wealth Management Nebraska 0.07% of their portfolio Norfolk, NE 15,31215.3k $412.6k $412.6k 0.07% First filing
68 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 15,00015.0k $341.0k $341.0k 0.00% Unchanged
69 United Capital Management of KS, Inc. 0.06% of their portfolio SALINA, KS 14,58414.6k $332.2k $332.2k 0.06% Added +1.2k +1,237
70 Financial Engines Advisors L.L.C. 0.00% of their portfolio SANTA CLARA, CA 13,95414.0k $317.9k $317.9k 0.00% New
71 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 13,77513.8k $313.8k $313.8k 0.00% Reduced -1.2k -1,160
72 Interchange Capital Partners, LLC 0.11% of their portfolio PITTSBURGH, PA 13,61913.6k $310.2k $310.2k 0.11% Reduced -745 -745
73 Consolidated Portfolio Review Corp 0.05% of their portfolio WOODBURY, NY 13,58513.6k $309.5k $309.5k 0.05% New
74 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 13,48913.5k $307.3k $307.3k 0.00% Added +517 +517
75 Castleview Partners, LLC 0.17% of their portfolio DALLAS, TX 13,31113.3k $316.0k $316.0k 0.17% Added +3.4k +3,380
76 Trek Financial, LLC 0.02% of their portfolio Scottsdale, AZ 13,28813.3k $302.7k $302.7k 0.02% Added +2.2k +2,234
77 HOEY INVESTMENTS, INC 0.05% of their portfolio COATESVILLE, PA 13,12413.1k $299.0k $299.0k 0.05% New
78 JEPPSON WEALTH MANAGEMENT, LLC 0.11% of their portfolio MANHATTAN BEACH, CA 13,01613.0k $296.5k $296.5k 0.11% Reduced -129 -129
79 INTEGRITY WEALTH ADVISORS, INC. 0.22% of their portfolio Ventura, CA 13,00013.0k $296.1k $296.1k 0.22% First filing
80 SANDERS MORRIS HARRIS LLC 0.04% of their portfolio Houston, TX 12,71612.7k $289.7k $289.7k 0.04% Unchanged
81 Grant Private Wealth Management Inc 0.33% of their portfolio PLEASANTON, CA 12,71612.7k $302.3k $302.3k 0.33% First filing
82 FNY Investment Advisers, LLC 0.15% of their portfolio NEW YORK, NY 12,34512.3k $281.0k $281.0k 0.15% Reduced -82.4k -82,371
83 Arete Wealth Advisors, LLC 0.02% of their portfolio CHICAGO, IL 12,05412.1k $275.0k $275.0k 0.02% New
84 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 11,63711.6k $265.1k $265.1k 0.00% Reduced -1.7k -1,734
85 Paragon Advisors, LLC 0.09% of their portfolio COLLEGE STATION, TX 11,60311.6k $264.3k $264.3k 0.09% Reduced -5.6k -5,612
86 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 11,38211.4k $259.3k $259.3k 0.00% Added +272 +272
87 Paragon Private Wealth Management, LLC 0.12% of their portfolio LEXINGTON, KY 11,17011.2k $254.5k $254.5k 0.12% New
88 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 10,77410.8k $245.0k $245.0k 0.01% New
89 Altiora Financial Group, LLC 0.05% of their portfolio LEBANON, OH 10,44810.4k $238.0k $238.0k 0.05% Unchanged
90 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 10,07110.1k $229.4k $229.4k 0.01% New
91 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 9,8149.8k $223.6k $223.6k 0.00% Reduced -74.5k -74,481
92 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 9,8009.8k $223.2k $223.2k 0.00% New
93 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 9,6579.7k $220.0k $220.0k 0.01% New
94 Millington Financial Advisors, LLC 0.13% of their portfolio NAPERVILLE, IL 9,3059.3k $219.5k $219.5k 0.13% New
95 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 9,2549.3k $235.6k $235.6k 0.00% Reduced -841 -841
96 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 9,0329.0k $205.7k $205.7k 0.00% New
97 Avestar Capital, LLC 0.02% of their portfolio New York, NY 9,0009.0k $205.0k $205.0k 0.02% New
98 Edgestream Partners, L.P. 0.01% of their portfolio Princeton, NJ 8,8208.8k $200.9k $200.9k 0.01% New
99 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 8,7338.7k $198.9k $198.9k 0.00% Added +5.0k +4,987
100 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 5,7985.8k $132.1k $132.1k 0.00% New