Vault-13

PROSHARES TR SSO

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

192 institutional holders +29 vs Q3 2023
16,347,25516.3m shares reported held*
$1.1bnreported value*
40 new 51 added 42 reduced 22 sold out net bought ≈ $385.4m (+6.0m 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 ($5.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $64.99. Options: 8 managers hold calls ($83.1m notional), 6 hold puts ($22.2m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 144Q4 22: 157Q1 23: 163Q2 23: 177Q3 23: 163Q4 23: 192192Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022144
Q4 2022157
Q1 2023163
Q2 2023177
Q3 2023163
Q4 2023192

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 23Q4 23: 91 bought or addedQ4 23: 64 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226161
Q1 20236563
Q2 20237862
Q3 20236187
Q4 20239164

Calls vs puts

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

CallsPuts
$0$25m$50m$75m$100mQ1 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 0.40Q4 23 calls: $83.1mQ4 23 puts: $22.2mQ4 23P/C 0.27
Numbers
QuarterCallsPutsP/C
Q1 2023$67.4m$18.0m0.27
Q2 2023$61.9m$14.8m0.24
Q3 2023$68.2m$27.4m0.40
Q4 2023$83.1m$22.2m0.27

Biggest buyers

ASSETMARK, INC Added +3,985,950+4.0m
Adams Wealth Management New +513,834+513.8k
TTP Investments, Inc. Added +386,287+386.3k
Jump Financial, LLC New +275,307+275.3k
IMC-Chicago, LLC New +230,482+230.5k
OSAIC HOLDINGS, INC. Added +214,640+214.6k
Financial & Tax Architects, LLC New +214,538+214.5k
Robinson Value Management, Ltd. New +177,866+177.9k
CITADEL ADVISORS LLC New +161,901+161.9k
RENAISSANCE TECHNOLOGIES LLC New +68,400+68.4k

Biggest sellers

Revere Asset Management, Inc Reduced -417,086-417.1k
AXXCESS WEALTH MANAGEMENT, LLC Sold out -181,592-181.6k
Tactive Advisors, LLC Reduced -140,936-140.9k
XR Securities LLC Reduced -39,209-39.2k
Rollins Financial Sold out -38,561-38.6k
MILESTONE ASSET MANAGEMENT, LLC Reduced -33,753-33.8k
Mariner, LLC Reduced -19,868-19.9k
FLOW TRADERS U.S. LLC Sold out -19,461-19.5k
SINECERA CAPITAL, LLC Reduced -19,139-19.1k
Qube Research & Technologies Ltd Reduced -18,342-18.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $36.7m564.5k shares
CITADEL ADVISORS LLC Added $20.0m307.5k shares
IMC-Chicago, LLC Added $16.2m248.4k shares
GROUP ONE TRADING LLC Added $4.0m62.1k shares
JANE STREET GROUP, LLC Reduced $3.1m48.2k shares
GTS SECURITIES LLC Added $1.7m25.6k shares
Cutler Group LLC / CA Reduced $1.3m74.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $13.6m209.3k shares
CITADEL ADVISORS LLC Reduced $7.9m121.1k shares
GTS SECURITIES LLC Added $377.4k5.8k shares
Lido Advisors, LLC Unchanged $325.4k5.0k shares
Cutler Group LLC / CA Reduced $28.0k38.0k shares
HighTower Advisors, LLC Added $15.5k2.1k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ASSETMARK, INC 1.87% of their portfolio CONCORD, CA 7,971,1028.0m $518.7m $518.7m 1.87% Added +4.0m +3,985,950
2 TTP Investments, Inc. 23.06% of their portfolio San Jose, CA 822,924822.9k $53.5m $53.5m 23.06% Added +386.3k +386,287
3 Adams Wealth Management 9.89% of their portfolio LOGAN, UT 513,834513.8k $33.4m $33.4m 9.89% New
4 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 488,601488.6k $31.8m $31.8m 0.06% Added +214.6k +214,640
5 Main Street Group, LTD 11.03% of their portfolio GLEN ALLEN, VA 487,413487.4k $31.7m $31.7m 11.03% First filing
6 Brookstone Capital Management 0.35% of their portfolio WHEATON, IL 278,670278.7k $18.1m $18.1m 0.35% Added +26.2k +26,196
7 Jump Financial, LLC 0.58% of their portfolio Chicago, IL 275,307275.3k $17.9m $17.9m 0.58% New
8 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 230,802230.8k $15.0m $15.0m 0.03% Added +215 +215
9 IMC-Chicago, LLC 0.48% of their portfolio CHICAGO, IL 230,482230.5k $15.0m $15.0m 0.48% New
10 Client First Investment Management LLC 13.62% of their portfolio West Bend, WI 215,545215.5k $14.0m $14.0m 13.62% First filing
11 Financial & Tax Architects, LLC 4.13% of their portfolio ST LOUIS, MO 214,538214.5k $14.0m $14.0m 4.13% New
12 SP Asset Management LLC 1.28% of their portfolio CUPERTINO, CA 192,535192.5k $12.5m $12.5m 1.28% Reduced -3.9k -3,869
13 Plotkin Financial Advisors, LLC 9.09% of their portfolio CHEVY CHASE, MD 183,742183.7k $12.0m $12.0m 9.09% Reduced -4.4k -4,368
14 Revere Asset Management, Inc 12.59% of their portfolio DALLAS, TX 179,847179.8k $11.7m $11.7m 12.59% Reduced -417.1k -417,086
15 LTG Capital LLC 10.77% of their portfolio FRAMINGHAM, MA 179,697179.7k $11.7m $11.7m 10.77% Added +90 +90
16 Robinson Value Management, Ltd. 7.61% of their portfolio SAN ANTONIO, TX 177,866177.9k $11.6m $11.6m 7.61% New
17 UNIQUE WEALTH, LLC 3.51% of their portfolio TAMPA, FL 166,457166.5k $10.8m $10.8m 3.51% Added +12.6k +12,563
18 TOTH FINANCIAL ADVISORY CORP 1.47% of their portfolio LEESBURG, VA 166,287166.3k $10.8m $10.8m 1.47% Added +2.0k +2,044
19 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 161,901161.9k $10.5m $10.5m 0.01% New
20 Aveo Capital Partners, LLC 1.26% of their portfolio ENGLEWOOD, CO 160,171160.2k $10.4m $10.4m 1.26% Added +62.9k +62,871
21 Asset Management Group, Inc. 1.95% of their portfolio STAMFORD, CT 149,295149.3k $9.7m $9.7m 1.95% Added +743 +743
22 Professional Financial Advisors, LLC 2.72% of their portfolio NORTH PLATTE, NE 126,180126.2k $8.2m $8.2m 2.72% Reduced -3.8k -3,789
23 Lido Advisors, LLC 0.07% of their portfolio Los Angeles, CA 113,231113.2k $7.4m $7.4m 0.07% Reduced -4.7k -4,696
24 SINECERA CAPITAL, LLC 8.71% of their portfolio AUSTIN, TX 107,666107.7k $7.3m $7.3m 8.71% Reduced -19.1k -19,139
25 MILESTONE ASSET MANAGEMENT, LLC 1.94% of their portfolio PITTSBURGH, PA 90,57190.6k $5.9m $5.9m 1.94% Reduced -33.8k -33,753
26 Capital Investment Counsel, Inc 0.93% of their portfolio RALEIGH, NC 81,70281.7k $5.3m $5.3m 0.93% Reduced -1.4k -1,399
27 GTS SECURITIES LLC 0.11% of their portfolio NEW YORK, NY 79,90379.9k $5.2m $5.2m 0.11% Added +65.8k +65,824
28 GenWealth Group, Inc. 1.43% of their portfolio Maplewood, NJ 79,67879.7k $5.2m $5.2m 1.43% Reduced -3.7k -3,711
29 Spire Wealth Management 0.17% of their portfolio MCLEAN, VA 75,62075.6k $5.0m $5.0m 0.17% Added +1.4k +1,401
30 Tactive Advisors, LLC 3.01% of their portfolio Jacksonville, FL 72,00072.0k $4.7m $4.7m 3.01% Reduced -140.9k -140,936
31 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 68,40068.4k $4.5m $4.5m 0.01% New
32 Ridgepath Capital Management LLC 8.19% of their portfolio Knoxville, TN 65,43465.4k $4.3m $4.3m 8.19% First filing
33 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 64,83164.8k $4.2m $4.2m 0.02% New
34 TFB Advisors LLC 2.02% of their portfolio OVERLAND PARK, KS 60,48360.5k $3.9m $3.9m 2.02% Added +29.8k +29,821
35 SMITH CHAS P & ASSOCIATES PA CPAS 0.25% of their portfolio LAKELAND, FL 57,47357.5k $3.7m $3.7m 0.25% Unchanged
36 GUNN & Co INVESTMENT MANAGEMENT, INC. 0.25% of their portfolio JACKSONVILLE, FL 57,47357.5k $3.7m $3.7m 0.25% New
37 KINGSWOOD WEALTH ADVISORS, LLC 0.40% of their portfolio SAN DIEGO, CA 54,84454.8k $3.6m $3.6m 0.40% New
38 Cutler Group LLC / CA 0.48% of their portfolio SAN FRANCISCO, CA 52,87152.9k $3.4m $3.4m 0.48% Added +52.8k +52,771
39 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 47,81147.8k $3.1m $3.1m 0.01% New
40 INDEPENDENT FINANCIAL GROUP, LLC 0.16% of their portfolio SAN DIEGO, CA 45,62445.6k $3.0m $3.0m 0.16% Added +2.9k +2,943
41 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 44,50744.5k $2.9m $2.9m 0.02% New
42 Bray Capital Advisors 0.80% of their portfolio Naples, FL 44,50044.5k $2.9m $2.9m 0.80% Unchanged
43 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 43,29743.3k $2.8m $2.8m 0.00% Added +22.6k +22,623
44 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 40,00040.0k $2.6m $2.6m 0.00% Unchanged
45 Three Seasons Wealth, LLC 2.23% of their portfolio SALT LAKE CITY, UT 38,89138.9k $2.5m $2.5m 2.23% New
46 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 37,87337.9k $2.5m $2.5m 0.02% Reduced -3.0k -2,988
47 Sowell Financial Services LLC 0.13% of their portfolio NORTH LITTLE ROCK, AR 36,86836.9k $2.4m $2.4m 0.13% Reduced -6.2k -6,249
48 Arlington Capital Management, Inc. 2.06% of their portfolio ARLINGTON HEIGHTS, IL 34,75634.8k $2.3m $2.3m 2.06% New
49 Fulcrum Equity Management 1.33% of their portfolio PLANO, TX 33,13033.1k $2.2m $2.2m 1.33% Added +9.8k +9,771
50 FIRST NATIONAL CORP /MA/ /ADV 0.52% of their portfolio ROCKLAND, MA 32,61632.6k $2.1m $2.1m 0.52% Unchanged
51 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 32,51832.5k $2.1m $2.1m 0.00% Added +26.7k +26,704
52 Apollon Financial, LLC 0.79% of their portfolio MOUNT PLEASANT, SC 30,80030.8k $2.0m $2.0m 0.79% First filing
53 SageView Advisory Group, LLC 0.00% of their portfolio Newport Beach, CA 30,66930.7k $445 $445 0.00% New
54 Invst, LLC 0.27% of their portfolio INDIANAPOLIS, IN 30,49230.5k $2.1m $2.1m 0.27% New
55 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 29,60029.6k $1.9m $1.9m 0.01% First filing
56 PPS&V ASSET MANAGEMENT CONSULTANTS, INC. 1.44% of their portfolio PORTAGE, MI 29,00629.0k $1.9m $1.9m 1.44% Added +853 +853
57 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 27,81927.8k $1.8m $1.8m 0.00% Reduced -15.2k -15,186
58 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 26,98727.0k $1.8m $1.8m 0.00% Added +17.1k +17,060
59 Csenge Advisory Group 0.10% of their portfolio CLEARWATER, FL 25,63225.6k $1.7m $1.7m 0.10% Added +14.9k +14,897
60 HYMAN CHARLES D 0.10% of their portfolio PONTE VEDRA BEACH, FL 24,80024.8k $1.6m $1.6m 0.10% Unchanged
61 Tidal Investments LLC 0.04% of their portfolio Milwaukee, WI 24,69924.7k $1.6m $1.6m 0.04% New
62 Innova Wealth Partners 1.38% of their portfolio NEWTOWN, PA 24,63024.6k $1.6m $1.6m 1.38% Reduced -3.3k -3,344
63 Foundations Investment Advisors, LLC 0.04% of their portfolio PHOENIX, AZ 24,01124.0k $1.6m $1.6m 0.04% Added +16.9k +16,855
64 D. SCOTT NEAL, INC. 1.33% of their portfolio LEXINGTON, KY 22,90422.9k $1.5m $1.5m 1.33% Unchanged
65 GROUP ONE TRADING LLC 0.05% of their portfolio CHICAGO, IL 22,69322.7k $1.5m $1.5m 0.05% Reduced -10.2k -10,151
66 WoodTrust Financial Corp 0.25% of their portfolio WISCONSIN RAPIDS, WI 22,51222.5k $1.5m $1.5m 0.25% Unchanged
67 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 22,26822.3k $1.4m $1.4m 0.00% Added +7.2k +7,241
68 Clear Creek Financial Management, LLC 0.22% of their portfolio SILVERDALE, WA 21,21321.2k $1.4m $1.4m 0.22% New
69 Modern Wealth Management, LLC 0.17% of their portfolio KANSAS CITY, MO 20,47120.5k $1.3m $1.3m 0.17% First filing
70 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 20,22720.2k $1.3m $1.3m 0.00% New
71 Koshinski Asset Management, Inc. 0.19% of their portfolio DECATUR, IL 18,76018.8k $1.2m $1.2m 0.19% Added +4.2k +4,238
72 Sheaff Brock Investment Advisors, LLC 0.10% of their portfolio INDIANAPOLIS, IN 17,33317.3k $1.1m $1.1m 0.10% Unchanged
73 Meridian Wealth Management, LLC 0.07% of their portfolio LEXINGTON, KY 17,31617.3k $1.1m $1.1m 0.07% Reduced -165 -165
74 TOWNSQUARE CAPITAL LLC 0.02% of their portfolio Lehi, UT 16,85316.9k $1.1m $1.1m 0.02% Added +2.1k +2,055
75 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 15,92415.9k $1.0m $1.0m 0.00% Reduced -13.4k -13,351
76 Perigon Wealth Management, LLC 0.03% of their portfolio SAN FRANCISCO, CA 15,71115.7k $1.0m $1.0m 0.03% New
77 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 15,51615.5k $1.0m $1.0m 0.00% Added +575 +575
78 Ashton Thomas Private Wealth, LLC 0.06% of their portfolio SCOTTSDALE, AZ 15,49715.5k $1.0m $1.0m 0.06% New
79 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 15,43015.4k $1.0m $1.0m 0.02% Added +481 +481
80 GeoWealth Management, LLC 0.08% of their portfolio CHICAGO, IL 15,35915.4k $999.0k $999.0k 0.08% Reduced -5.7k -5,680
81 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 15,05515.1k $979.6k $979.6k 0.00% Added +924 +924
82 Rollins Financial Advisors, LLC 0.20% of their portfolio ATLANTA, GA 14,82014.8k $964.3k $964.3k 0.20% First filing
83 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 14,00014.0k $910.9k $910.9k 0.00% Reduced -3.5k -3,500
84 SkyOak Wealth, LLC 0.21% of their portfolio SOUTHFIELD, MI 12,57412.6k $818.2k $818.2k 0.21% Reduced -4.6k -4,587
85 DONALDSON CAPITAL MANAGEMENT, LLC 0.03% of their portfolio EVANSVILLE, IN 12,00012.0k $780.8k $780.8k 0.03% Unchanged
86 MGO ONE SEVEN LLC 0.04% of their portfolio Beachwood, OH 11,76911.8k $765.8k $765.8k 0.04% Reduced -14.3k -14,268
87 Evolution Wealth Advisors, LLC 0.15% of their portfolio AVENTURA, FL 11,53211.5k $750.4k $750.4k 0.15% Unchanged
88 Marshall Financial Group, LLC 0.24% of their portfolio Hunt Valley, MD 11,45311.5k $745.2k $745.2k 0.24% Reduced -746 -746
89 Mariner, LLC 0.00% of their portfolio Overland Park, KS 11,26111.3k $732.8k $732.8k 0.00% Reduced -19.9k -19,868
90 Castleview Partners, LLC 0.44% of their portfolio DALLAS, TX 9,6879.7k $630.3k $630.3k 0.44% Added +343 +343
91 Capital Investment Advisory Services, LLC 0.06% of their portfolio RALEIGH, NC 9,4199.4k $612.9k $612.9k 0.06% Added +238 +238
92 Harvest Investment Services, LLC 0.28% of their portfolio Oakbrook Terrace, IL 9,2799.3k $603.8k $603.8k 0.28% Added +2.5k +2,524
93 Chicago Partners Investment Group LLC 0.03% of their portfolio CHICAGO, IL 9,1669.2k $618.4k $618.4k 0.03% Reduced -1.6k -1,646
94 Aurora Private Wealth, Inc. 0.55% of their portfolio ROCKAWAY, NJ 9,0109.0k $586.0k $586.0k 0.55% Reduced -182 -182
95 SteelPeak Wealth, LLC 0.03% of their portfolio WOODLAND HILLS, CA 8,8808.9k $577.8k $577.8k 0.03% Reduced -4.7k -4,700
96 Trivium Point Advisory, LLC 0.14% of their portfolio WILTON, CT 8,5798.6k $558.2k $558.2k 0.14% Added +4.2k +4,241
97 EXECUTIVE WEALTH GROUP LLC 0.35% of their portfolio KIRKLAND, WA 8,4008.4k $546.6k $546.6k 0.35% Unchanged
98 Grandview Asset Management LLC 0.28% of their portfolio HARRISBURG, PA 8,2008.2k $534.0k $534.0k 0.28% Unchanged
99 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 8,1758.2k $531.9k $531.9k 0.01% Reduced -35 -35
100 FIRST NATIONAL BANK & TRUST CO OF NEWTOWN 0.11% of their portfolio NEWTOWN, PA 8,0608.1k $524.4k $524.4k 0.11% Unchanged