Vault-13

PROSHARES TR SSO

PSHS ULT S&P 500 · ETP · CUSIP 74347R107

163 institutional holders -14 vs Q2 2023
9,559,7799.6m shares reported held*
$510.2mreported value*
19 new 42 added 53 reduced 34 sold out net sold ≈ $132.9m (-2.5m 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 ($6.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $53.36. Options: 9 managers hold calls ($68.2m notional), 8 hold puts ($27.4m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 144Q4 22: 157Q1 23: 163Q2 23: 177Q3 23: 163163Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022144
Q4 2022157
Q1 2023163
Q2 2023177
Q3 2023163

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 61 bought or addedQ4 22: 61 cut or sold outQ4 22Q1 23: 65 bought or addedQ1 23: 63 cut or sold outQ1 23Q2 23: 78 bought or addedQ2 23: 62 cut or sold outQ2 23Q3 23: 61 bought or addedQ3 23: 87 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226161
Q1 20236563
Q2 20237862
Q3 20236187

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ4 22 calls: $55.2mQ4 22 puts: $16.6mQ4 22P/C 0.30Q1 23 calls: $67.4mQ1 23 puts: $18.0mQ1 23P/C 0.27Q2 23 calls: $61.9mQ2 23 puts: $14.8mQ2 23P/C 0.24Q3 23 calls: $68.2mQ3 23 puts: $27.4mQ3 23P/C 0.40
Numbers
QuarterCallsPutsP/C
Q4 2022$55.2m$16.6m0.30
Q1 2023$67.4m$18.0m0.27
Q2 2023$61.9m$14.8m0.24
Q3 2023$68.2m$27.4m0.40

Biggest buyers

OSAIC HOLDINGS, INC. Added +189,331+189.3k
SINECERA CAPITAL, LLC Added +106,082+106.1k
TTP Investments, Inc. Added +79,406+79.4k
PATHSTONE FAMILY OFFICE, LLC New +72,300+72.3k
XR Securities LLC Added +42,533+42.5k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +29,275+29.3k
UNIQUE WEALTH, LLC Added +26,059+26.1k
Tactive Advisors, LLC Added +22,861+22.9k
Qube Research & Technologies Ltd New +20,033+20.0k
FLOW TRADERS U.S. LLC New +19,461+19.5k

Biggest sellers

ASSETMARK, INC Reduced -1,646,554-1.6m
GTS SECURITIES LLC Reduced -476,927-476.9k
Robinson Value Management, Ltd. Sold out -175,751-175.8k
MinichMacGregor Wealth Management, LLC Sold out -101,127-101.1k
Knowledge Leaders Capital, LLC Sold out -91,152-91.2k
Aveo Capital Partners, LLC Reduced -85,498-85.5k
Brookstone Capital Management Reduced -74,536-74.5k
CITADEL ADVISORS LLC Sold out -70,653-70.7k
Foundations Investment Advisors, LLC Reduced -68,703-68.7k
Rollins Financial Reduced -54,530-54.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $27.7m519.0k shares
WOLVERINE TRADING, LLC Added $15.4m288.5k shares
JANE STREET GROUP, LLC Added $9.3m173.5k shares
IMC-Chicago, LLC Added $7.2m134.6k shares
CITADEL ADVISORS LLC Added $3.8m70.3k shares
GROUP ONE TRADING LLC Added $2.9m54.6k shares
GTS SECURITIES LLC New $1.1m21.3k shares
Cutler Group LLC / CA Added $865.0k136.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $13.1m246.1k shares
CITADEL ADVISORS LLC Added $8.2m153.9k shares
WOLVERINE TRADING, LLC Added $5.4m100.6k shares
Lido Advisors, LLC Unchanged $266.9k5.0k shares
GTS SECURITIES LLC New $250.9k4.7k shares
Cutler Group LLC / CA Added $145.0k60.5k shares
Private Advisor Group, LLC New $17.6k33.0k shares
HighTower Advisors, LLC New $12.8k29 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ASSETMARK, INC 0.85% of their portfolio CONCORD, CA 3,985,1524.0m $212.7m $212.7m 0.85% Reduced -1.6m -1,646,554
2 Revere Asset Management, Inc 77.22% of their portfolio DALLAS, TX 596,933596.9k $31.9m $31.9m 77.22% First filing
3 TTP Investments, Inc. 15.37% of their portfolio San Jose, CA 436,637436.6k $23.3m $23.3m 15.37% Added +79.4k +79,406
4 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 273,961274.0k $14.6m $14.6m 0.02% Added +189.3k +189,331
5 Brookstone Capital Management 0.29% of their portfolio WHEATON, IL 252,474252.5k $13.3m $13.3m 0.29% Reduced -74.5k -74,536
6 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 230,587230.6k $12.3m $12.3m 0.02% Added +977 +977
7 Tactive Advisors, LLC 9.81% of their portfolio Jacksonville, FL 212,936212.9k $11.4m $11.4m 9.81% Added +22.9k +22,861
8 SP Asset Management LLC 1.18% of their portfolio CUPERTINO, CA 196,404196.4k $10.5m $10.5m 1.18% Reduced -3.2k -3,156
9 Plotkin Financial Advisors, LLC 8.84% of their portfolio CHEVY CHASE, MD 188,110188.1k $10.0m $10.0m 8.84% Reduced -5.7k -5,688
10 AXXCESS WEALTH MANAGEMENT, LLC 0.33% of their portfolio CARLSBAD, CA 181,592181.6k $9.7m $9.7m 0.33% Reduced -24.9k -24,914
11 LTG Capital LLC 10.11% of their portfolio FRAMINGHAM, MA 179,607179.6k $9.6m $9.6m 10.11% Reduced -2.2k -2,221
12 TOTH FINANCIAL ADVISORY CORP 1.34% of their portfolio LEESBURG, VA 164,243164.2k $8.8m $8.8m 1.34% Added +1.7k +1,664
13 UNIQUE WEALTH, LLC 3.43% of their portfolio TAMPA, FL 153,894153.9k $8.2m $8.2m 3.43% Added +26.1k +26,059
14 Asset Management Group, Inc. 1.74% of their portfolio STAMFORD, CT 148,552148.6k $7.9m $7.9m 1.74% Added +3.5k +3,463
15 Professional Financial Advisors, LLC 3.14% of their portfolio NORTH PLATTE, NE 129,969130.0k $6.9m $6.9m 3.14% Reduced -4.8k -4,765
16 SINECERA CAPITAL, LLC 9.11% of their portfolio AUSTIN, TX 126,805126.8k $6.8m $6.8m 9.11% Added +106.1k +106,082
17 MILESTONE ASSET MANAGEMENT, LLC 2.32% of their portfolio PITTSBURGH, PA 124,324124.3k $6.6m $6.6m 2.32% Reduced -18.1k -18,143
18 Lido Advisors, LLC 0.07% of their portfolio Los Angeles, CA 117,927117.9k $6.3m $6.3m 0.07% Added +3.7k +3,694
19 Aveo Capital Partners, LLC 0.68% of their portfolio ENGLEWOOD, CO 97,30097.3k $5.2m $5.2m 0.68% Reduced -85.5k -85,498
20 GenWealth Group, Inc. 1.35% of their portfolio Maplewood, NJ 83,38983.4k $4.5m $4.5m 1.35% Reduced -2.5k -2,491
21 Capital Investment Counsel, Inc 0.89% of their portfolio RALEIGH, NC 83,10183.1k $4.4m $4.4m 0.89% Added +1.1k +1,100
22 Spire Wealth Management 0.15% of their portfolio MCLEAN, VA 74,21974.2k $4.0m $4.0m 0.15% Added +6.5k +6,486
23 PATHSTONE FAMILY OFFICE, LLC 0.03% of their portfolio ENGLEWOOD, NJ 72,30072.3k $3.9m $3.9m 0.03% New
24 SMITH CHAS P & ASSOCIATES PA CPAS 0.22% of their portfolio LAKELAND, FL 57,47357.5k $3.1m $3.1m 0.22% Unchanged
25 XR Securities LLC 3.38% of their portfolio CHICAGO, IL 46,02646.0k $2.5m $2.5m 3.38% Added +42.5k +42,533
26 Bray Capital Advisors 0.72% of their portfolio Naples, FL 44,50044.5k $2.4m $2.4m 0.72% Unchanged
27 Sowell Financial Services LLC 0.14% of their portfolio NORTH LITTLE ROCK, AR 43,11743.1k $2.3m $2.3m 0.14% Reduced -4.3k -4,309
28 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 43,00543.0k $2.3m $2.3m 0.01% Added +10.9k +10,943
29 INDEPENDENT FINANCIAL GROUP, LLC 0.15% of their portfolio SAN DIEGO, CA 42,68142.7k $2.3m $2.3m 0.15% Unchanged
30 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 40,86140.9k $2.2m $2.2m 0.02% Added +3.7k +3,691
31 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 40,00040.0k $2.1m $2.1m 0.00% Unchanged
32 Rollins Financial 0.50% of their portfolio ATLANTA, GA 38,56138.6k $2.1m $2.1m 0.50% Reduced -54.5k -54,530
33 GROUP ONE TRADING LLC 0.07% of their portfolio CHICAGO, IL 32,84432.8k $1.8m $1.8m 0.07% Added +2.9k +2,915
34 FIRST NATIONAL CORP /MA/ /ADV 0.47% of their portfolio ROCKLAND, MA 32,61632.6k $1.7m $1.7m 0.47% Reduced -604 -604
35 Mariner, LLC 0.00% of their portfolio Overland Park, KS 31,12931.1k $1.7m $1.7m 0.00% Added +598 +598
36 TFB Advisors LLC 1.99% of their portfolio OVERLAND PARK, KS 30,66230.7k $1.6m $1.6m 1.99% Reduced -13.4k -13,409
37 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 29,27529.3k $1.6m $1.6m 0.01% New
38 PPS&V ASSET MANAGEMENT CONSULTANTS, INC. 1.30% of their portfolio PORTAGE, MI 28,15328.2k $1.5m $1.5m 1.30% Added +6.4k +6,361
39 Innova Wealth Partners 1.34% of their portfolio NEWTOWN, PA 27,97428.0k $1.5m $1.5m 1.34% Added +711 +711
40 MGO ONE SEVEN LLC 0.11% of their portfolio Beachwood, OH 26,03726.0k $1.4m $1.4m 0.11% Reduced -1.1k -1,116
41 HYMAN CHARLES D 0.09% of their portfolio PONTE VEDRA BEACH, FL 24,80024.8k $1.3m $1.3m 0.09% Unchanged
42 Fulcrum Equity Management 1.46% of their portfolio PLANO, TX 23,35923.4k $1.2m $1.2m 1.46% Reduced -4.9k -4,895
43 D. SCOTT NEAL, INC. 1.05% of their portfolio LEXINGTON, KY 22,90422.9k $1.2m $1.2m 1.05% Unchanged
44 WoodTrust Financial Corp 0.23% of their portfolio WISCONSIN RAPIDS, WI 22,51222.5k $1.2m $1.2m 0.23% Unchanged
45 CoreCap Advisors, LLC 0.08% of their portfolio SOUTHFIELD, MI 21,15421.2k $1.1m $1.1m 0.08% Reduced -1.7k -1,688
46 GeoWealth Management, LLC 0.13% of their portfolio CHICAGO, IL 21,03921.0k $1.1m $1.1m 0.13% Reduced -71 -71
47 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 20,67420.7k $1.1m $1.1m 0.00% Added +15.2k +15,202
48 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 20,03320.0k $1.1m $1.1m 0.00% New
49 FLOW TRADERS U.S. LLC 0.05% of their portfolio NEW YORK, NY 19,46119.5k $1.0m $1.0m 0.05% New
50 SIMPLEX TRADING, LLC 0.04% of their portfolio CHICAGO, IL 18,19518.2k $971.0k $971.0k 0.04% Reduced -32.6k -32,621
51 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 17,50017.5k $934.1k $934.1k 0.00% Reduced -7.5k -7,500
52 Meridian Wealth Management, LLC 0.06% of their portfolio LEXINGTON, KY 17,48117.5k $933.2k $933.2k 0.06% Added +1.1k +1,063
53 Sheaff Brock Investment Advisors, LLC 0.09% of their portfolio INDIANAPOLIS, IN 17,33317.3k $925.2k $925.2k 0.09% Added +82 +82
54 SkyOak Wealth, LLC 0.27% of their portfolio SOUTHFIELD, MI 17,16117.2k $916.1k $916.1k 0.27% Reduced -978 -978
55 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 16,33116.3k $871.8k $871.8k 0.00% New
56 DRW Securities, LLC 0.07% of their portfolio CHICAGO, IL 16,24116.2k $867.0k $867.0k 0.07% Reduced -4.6k -4,558
57 BUCKINGHAM STRATEGIC WEALTH, LLC 0.01% of their portfolio CLAYTON, MO 15,32515.3k $818.0k $818.0k 0.01% New
58 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 15,02715.0k $802.1k $802.1k 0.00% Added +1.1k +1,111
59 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 14,94914.9k $798.0k $798.0k 0.02% Reduced -501 -501
60 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 14,94114.9k $797.6k $797.6k 0.00% Added +569 +569
61 TOWNSQUARE CAPITAL LLC 0.01% of their portfolio Lehi, UT 14,79814.8k $789.9k $789.9k 0.01% Added +1.0k +1,021
62 Koshinski Asset Management, Inc. 0.09% of their portfolio DECATUR, IL 14,52214.5k $775.2k $775.2k 0.09% Added +2.4k +2,378
63 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 14,13114.1k $754.3k $754.3k 0.00% Reduced -2.4k -2,401
64 FIRST FOUNDATION ADVISORS 0.04% of their portfolio Irvine, CA 14,12514.1k $754.0k $754.0k 0.04% New
65 GTS SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 14,07914.1k $751.5k $751.5k 0.02% Reduced -476.9k -476,927
66 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 13,73513.7k $733.2k $733.2k 0.01% Added +8.7k +8,748
67 SteelPeak Wealth, LLC 0.05% of their portfolio WOODLAND HILLS, CA 13,58013.6k $724.9k $724.9k 0.05% Added +4.7k +4,700
68 Marshall Financial Group, LLC 0.23% of their portfolio Hunt Valley, MD 12,19912.2k $651.2k $651.2k 0.23% Reduced -1.1k -1,120
69 DONALDSON CAPITAL MANAGEMENT, LLC 0.03% of their portfolio EVANSVILLE, IN 12,00012.0k $640.6k $640.6k 0.03% Unchanged
70 Evolution Wealth Advisors, LLC 0.14% of their portfolio AVENTURA, FL 11,53211.5k $615.6k $615.6k 0.14% Unchanged
71 Prosperity Wealth Management, Inc. 0.38% of their portfolio San Ramon, CA 11,00111.0k $587.2k $587.2k 0.38% Reduced -2.9k -2,864
72 Chicago Partners Investment Group LLC 0.03% of their portfolio CHICAGO, IL 10,81210.8k $555.5k $555.5k 0.03% Added +24 +24
73 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 10,74910.7k $573.8k $573.8k 0.00% First filing
74 Csenge Advisory Group 0.04% of their portfolio CLEARWATER, FL 10,73510.7k $573.0k $573.0k 0.04% Reduced -4.8k -4,790
75 Strategic Investment Solutions, Inc. /IL 0.01% of their portfolio ORLAND PARK, IL 10,60010.6k $591.6k $591.6k 0.01% New
76 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 9,9279.9k $529.9k $529.9k 0.00% Added +1.5k +1,510
77 Galvin, Gaustad & Stein, LLC 0.05% of their portfolio Scottsdale, AZ 9,7959.8k $522.9k $522.9k 0.05% New
78 Castleview Partners, LLC 0.46% of their portfolio DALLAS, TX 9,3449.3k $498.8k $498.8k 0.46% Added +370 +370
79 Aurora Private Wealth, Inc. 0.54% of their portfolio ROCKAWAY, NJ 9,1929.2k $491.0k $491.0k 0.54% Reduced -56 -56
80 Capital Investment Advisory Services, LLC 0.05% of their portfolio RALEIGH, NC 9,1819.2k $490.1k $490.1k 0.05% Reduced -303 -303
81 AmeriServ Wealth Advisors 0.88% of their portfolio Johnstown, PA 8,8768.9k $473.8k $473.8k 0.88% Added +4.7k +4,738
82 CANTOR FITZGERALD, L. P. 0.01% of their portfolio NEW YORK, NY 8,5988.6k $459.0k $459.0k 0.01% New
83 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 8,4158.4k $449.2k $449.2k 0.01% Added +965 +965
84 EXECUTIVE WEALTH GROUP LLC 0.32% of their portfolio KIRKLAND, WA 8,4008.4k $448.4k $448.4k 0.32% Unchanged
85 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 8,2108.2k $438.2k $438.2k 0.01% Reduced -50 -50
86 Grandview Asset Management LLC 0.25% of their portfolio HARRISBURG, PA 8,2008.2k $438.0k $438.0k 0.25% Unchanged
87 Belpointe Asset Management LLC 0.04% of their portfolio RENO, NV 8,0918.1k $431.9k $431.9k 0.04% New
88 FIRST NATIONAL BANK & TRUST CO OF NEWTOWN 0.10% of their portfolio NEWTOWN, PA 8,0608.1k $430.2k $430.2k 0.10% Unchanged
89 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 7,9007.9k $421.7k $421.7k 0.01% New
90 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 7,8657.9k $420.0k $420.0k 0.00% Reduced -410 -410
91 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 7,5717.6k $404.1k $404.1k 0.00% New
92 Charter Oak Capital Management, LLC 0.05% of their portfolio PORTSMOUTH, NH 7,1827.2k $383.4k $383.4k 0.05% Added +392 +392
93 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 7,1567.2k $382.0k $382.0k 0.01% Reduced -68.7k -68,703
94 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 6,9747.0k $372.3k $372.3k 0.00% Added +574 +574
95 Baker Avenue Asset Management, LP 0.02% of their portfolio SAN FRANCISCO, CA 6,8846.9k $367.5k $367.5k 0.02% Unchanged
96 Harvest Investment Services, LLC 0.23% of their portfolio Oakbrook Terrace, IL 6,7556.8k $360.6k $360.6k 0.23% Reduced -2.7k -2,726
97 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 6,6966.7k $357.4k $357.4k 0.01% Reduced -5.5k -5,546
98 Palumbo Wealth Management LLC 0.19% of their portfolio GREAT NECK, NY 6,3956.4k $341.4k $341.4k 0.19% Added +393 +393
99 Wealthstream Advisors, Inc. 0.17% of their portfolio NEW YORK, NY 6,3456.3k $338.7k $338.7k 0.17% Unchanged
100 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 6,1506.2k $328.3k $328.3k 0.00% Added +2.0k +2,000