Vault-13

PROSHARES TR SSO

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

204 institutional holders +16 vs Q1 2024
15,334,33015.3m shares reported held*
$1.3bnreported value*
35 new 55 added 46 reduced 17 sold out net bought ≈ $374.1m (+4.5m 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 ($4.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $82.66. Options: 9 managers hold calls ($68.3m notional), 5 hold puts ($35.2m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 144Q4 22: 157Q1 23: 163Q2 23: 177Q3 23: 163Q4 23: 192Q1 24: 188Q2 24: 204204Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022144
Q4 2022157
Q1 2023163
Q2 2023177
Q3 2023163
Q4 2023192
Q1 2024188
Q2 2024204

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 outQ2 23: 78 bought or addedQ2 23: 62 cut or sold outQ2 23Q3 23: 61 bought or addedQ3 23: 87 cut or sold outQ4 23: 91 bought or addedQ4 23: 64 cut or sold outQ4 23Q1 24: 72 bought or addedQ1 24: 93 cut or sold outQ2 24: 90 bought or addedQ2 24: 63 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20226161
Q1 20236563
Q2 20237862
Q3 20236187
Q4 20239164
Q1 20247293
Q2 20249063

Calls vs puts

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

CallsPuts
$0$25m$50m$75m$100mQ3 23 calls: $68.2mQ3 23 puts: $27.4mQ3 23P/C 0.40Q4 23 calls: $83.1mQ4 23 puts: $22.2mQ4 23P/C 0.27Q1 24 calls: $80.4mQ1 24 puts: $37.0mQ1 24P/C 0.46Q2 24 calls: $68.3mQ2 24 puts: $35.2mQ2 24P/C 0.51
Numbers
QuarterCallsPutsP/C
Q3 2023$68.2m$27.4m0.40
Q4 2023$83.1m$22.2m0.27
Q1 2024$80.4m$37.0m0.46
Q2 2024$68.3m$35.2m0.51

Biggest buyers

ASSETMARK, INC Added +3,768,857+3.8m
CITADEL ADVISORS LLC Added +368,152+368.2k
AXXCESS WEALTH MANAGEMENT, LLC Added +174,634+174.6k
Ridgepath Capital Management LLC Added +122,660+122.7k
Foundations Investment Advisors, LLC Added +108,360+108.4k
Aveo Capital Partners, LLC Added +88,222+88.2k
OSAIC HOLDINGS, INC. Added +59,257+59.3k
GUNN & Co INVESTMENT MANAGEMENT, INC. New +57,473+57.5k
TFB Advisors LLC Added +56,216+56.2k
PNC Financial Services Group, Inc. Added +44,500+44.5k

Biggest sellers

Revere Asset Management, Inc Reduced -336,994-337.0k
HighTower Advisors, LLC Reduced -65,855-65.9k
Client First Investment Management LLC Reduced -54,021-54.0k
HRT FINANCIAL LP Sold out -52,549-52.5k
Tower Research Capital LLC (TRC) Reduced -50,432-50.4k
Bray Capital Advisors Sold out -44,500-44.5k
Ashton Thomas Private Wealth, LLC Reduced -35,263-35.3k
Brookstone Capital Management Reduced -34,188-34.2k
Pathstone Holdings, LLC Sold out -30,600-30.6k
TWO SIGMA SECURITIES, LLC Sold out -21,194-21.2k

Biggest calls

CITADEL ADVISORS LLC Added $25.5m308.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $20.7m251.1k shares
IMC-Chicago, LLC Added $14.9m180.4k shares
GROUP ONE TRADING LLC Reduced $3.5m42.1k shares
JANE STREET GROUP, LLC Reduced $1.5m18.3k shares
GTS SECURITIES LLC Added $1.4m17.0k shares
Parallax Volatility Advisers, L.P. New $561.7k6.8k shares
Belvedere Trading LLC New $206.5k2.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $25.2m305.5k shares
CITADEL ADVISORS LLC Reduced $9.1m110.5k shares
Parallax Volatility Advisers, L.P. New $743.4k9.0k shares
Lido Advisors, LLC Unchanged $41.3k500 shares
Belvedere Trading LLC New $8.3k100 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 ASSETMARK, INC 1.82% of their portfolio CONCORD, CA 7,130,5757.1m $589.0m $589.0m 1.82% Added +3.8m +3,768,857
2 TTP Investments, Inc. 23.86% of their portfolio San Jose, CA 769,063769.1k $63.5m $63.5m 23.86% Reduced -19.4k -19,372
3 Adams Wealth Management 11.02% of their portfolio LOGAN, UT 579,609579.6k $47.9m $47.9m 11.02% Added +26.1k +26,065
4 CacheTech Inc. 11.02% of their portfolio LOGAN, UT 579,609579.6k $47.9m $47.9m 11.02% First filing
5 Main Street Group, LTD 17.16% of their portfolio GLEN ALLEN, VA 497,464497.5k $41.3m $41.3m 17.16% Added +6.1k +6,110
6 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 390,028390.0k $32.2m $32.2m 0.03% Added +368.2k +368,152
7 AXXCESS WEALTH MANAGEMENT, LLC 0.71% of their portfolio CARLSBAD, CA 316,334316.3k $26.1m $26.1m 0.71% Added +174.6k +174,634
8 Client First Investment Management LLC 19.85% of their portfolio West Bend, WI 309,391309.4k $25.6m $25.6m 19.85% Reduced -54.0k -54,021
9 Ridgepath Capital Management LLC 24.60% of their portfolio Knoxville, TN 303,511303.5k $25.1m $25.1m 24.60% Added +122.7k +122,660
10 Brookstone Capital Management 0.30% of their portfolio WHEATON, IL 210,892210.9k $18.2m $18.2m 0.30% Reduced -34.2k -34,188
11 SP Asset Management LLC 1.43% of their portfolio CUPERTINO, CA 190,801190.8k $15.8m $15.8m 1.43% Reduced -1.4k -1,400
12 Robinson Value Management, Ltd. 10.95% of their portfolio SAN ANTONIO, TX 190,207190.2k $15.7m $15.7m 10.95% Added +42.9k +42,936
13 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 165,204165.2k $13.6m $13.6m 0.02% Reduced -65.9k -65,855
14 UNIQUE WEALTH, LLC 3.55% of their portfolio TAMPA, FL 163,905163.9k $13.5m $13.5m 3.55% Reduced -5.5k -5,529
15 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 156,141156.1k $12.9m $12.9m 0.03% Added +59.3k +59,257
16 Asset Management Group, Inc. 2.30% of their portfolio STAMFORD, CT 149,616149.6k $12.4m $12.4m 2.30% Unchanged
17 Aveo Capital Partners, LLC 1.38% of their portfolio ENGLEWOOD, CO 147,565147.6k $12.2m $12.2m 1.38% Added +88.2k +88,222
18 TOTH FINANCIAL ADVISORY CORP 1.51% of their portfolio LEESBURG, VA 143,461143.5k $11.8m $11.8m 1.51% Added +817 +817
19 LTG Capital LLC 9.90% of their portfolio FRAMINGHAM, MA 132,440132.4k $10.9m $10.9m 9.90% Reduced -16.6k -16,576
20 Foundations Investment Advisors, LLC 0.24% of their portfolio PHOENIX, AZ 118,477118.5k $9.8m $9.8m 0.24% Added +108.4k +108,360
21 J. Safra Sarasin Holding AG 0.17% of their portfolio BASEL, V8 110,000110.0k $9.1m $9.1m 0.17% First filing
22 Portfolio Design Labs, LLC 2.67% of their portfolio ENCINO, CA 104,842104.8k $8.7m $8.7m 2.67% Added +2.7k +2,667
23 Spire Wealth Management 0.28% of their portfolio MCLEAN, VA 95,19895.2k $7.9m $7.9m 0.28% Added +9.9k +9,943
24 Lido Advisors, LLC 0.06% of their portfolio Los Angeles, CA 86,04086.0k $7.1m $7.1m 0.06% Reduced -2.2k -2,209
25 Ascent Group, LLC 0.56% of their portfolio VIRGINIA BEACH, VA 83,61083.6k $6.9m $6.9m 0.56% Added +6.0k +5,972
26 GenWealth Group, Inc. 1.67% of their portfolio Maplewood, NJ 82,33682.3k $6.8m $6.8m 1.67% Reduced -588 -588
27 Capital Investment Counsel, Inc 1.02% of their portfolio RALEIGH, NC 81,70281.7k $6.7m $6.7m 1.02% Unchanged
28 EXCHANGE TRADED CONCEPTS, LLC 0.17% of their portfolio Oklahoma City, OK 78,98379.0k $6.5m $6.5m 0.17% Added +6.9k +6,868
29 KINGSWOOD WEALTH ADVISORS, LLC 0.52% of their portfolio SAN DIEGO, CA 69,67169.7k $5.8m $5.8m 0.52% Added +22.3k +22,342
30 MILESTONE ASSET MANAGEMENT, LLC 1.31% of their portfolio PITTSBURGH, PA 63,21763.2k $5.2m $5.2m 1.31% Added +5.5k +5,524
31 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 63,16763.2k $5.2m $5.2m 0.02% Added +1.5k +1,485
32 TFB Advisors LLC 1.69% of their portfolio OVERLAND PARK, KS 62,89662.9k $5.2m $5.2m 1.69% Added +56.2k +56,216
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 59,73259.7k $4.9m $4.9m 0.00% Added +39.7k +39,722
34 SMITH CHAS P & ASSOCIATES PA CPAS 0.28% of their portfolio LAKELAND, FL 57,47357.5k $4.7m $4.7m 0.28% Unchanged
35 GUNN & Co INVESTMENT MANAGEMENT, INC. 0.28% of their portfolio JACKSONVILLE, FL 57,47357.5k $4.7m $4.7m 0.28% New
36 CPR Investments Inc. 3.68% of their portfolio Rochester, MI 53,88053.9k $4.5m $4.5m 3.68% Added +12.9k +12,877
37 INDEPENDENT FINANCIAL GROUP, LLC 0.17% of their portfolio SAN DIEGO, CA 51,13351.1k $4.2m $4.2m 0.17% Added +5.5k +5,486
38 Plotkin Financial Advisors, LLC 2.71% of their portfolio CHEVY CHASE, MD 50,94950.9k $4.2m $4.2m 2.71% Reduced -797 -797
39 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 45,34645.3k $3.7m $3.7m 0.00% Added +44.5k +44,500
40 Three Seasons Wealth, LLC 2.06% of their portfolio SALT LAKE CITY, UT 45,06545.1k $3.7m $3.7m 2.06% Reduced -3.4k -3,437
41 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 40,00040.0k $3.3m $3.3m 0.00% Unchanged
42 Sowell Financial Services LLC 0.14% of their portfolio NORTH LITTLE ROCK, AR 35,67935.7k $3.0m $3.0m 0.14% Reduced -5.3k -5,319
43 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 33,40033.4k $2.8m $2.8m 0.00% New
44 FIRST NATIONAL CORP /MA/ /ADV 0.64% of their portfolio ROCKLAND, MA 32,61632.6k $2.7m $2.7m 0.64% Unchanged
45 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 31,24131.2k $2.6m $2.6m 0.00% Added +2.0k +2,035
46 Apollon Financial, LLC 0.82% of their portfolio MOUNT PLEASANT, SC 30,80030.8k $2.5m $2.5m 0.82% Unchanged
47 Invst, LLC 0.28% of their portfolio INDIANAPOLIS, IN 30,67130.7k $2.5m $2.5m 0.28% Reduced -812 -812
48 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 28,86528.9k $2.4m $2.4m 0.00% Added +18.8k +18,818
49 GROUP ONE TRADING LLC 0.07% of their portfolio CHICAGO, IL 28,74628.7k $2.4m $2.4m 0.07% Added +6.4k +6,421
50 Parallax Volatility Advisers, L.P. 0.06% of their portfolio San Francisco, CA 26,43426.4k $2.2m $2.2m 0.06% New
51 Tower Research Capital LLC (TRC) 0.04% of their portfolio NEW YORK, NY 25,54325.5k $2.1m $2.1m 0.04% Reduced -50.4k -50,432
52 Innova Wealth Partners 1.49% of their portfolio NEWTOWN, PA 25,14425.1k $2.1m $2.1m 1.49% Reduced -270 -270
53 Professional Financial Advisors, LLC 0.57% of their portfolio NORTH PLATTE, NE 25,08325.1k $2.1m $2.1m 0.57% Reduced -563 -563
54 Csenge Advisory Group 0.12% of their portfolio CLEARWATER, FL 24,85124.9k $2.1m $2.1m 0.12% Added +14.1k +14,090
55 HYMAN CHARLES D 0.11% of their portfolio PONTE VEDRA BEACH, FL 24,80024.8k $2.0m $2.0m 0.11% Unchanged
56 Jump Financial, LLC 0.04% of their portfolio Chicago, IL 23,07023.1k $1.9m $1.9m 0.04% New
57 D. SCOTT NEAL, INC. 1.05% of their portfolio LEXINGTON, KY 22,88822.9k $1.9m $1.9m 1.05% Reduced -16 -16
58 Clear Creek Financial Management, LLC 0.22% of their portfolio SILVERDALE, WA 21,64121.6k $1.8m $1.8m 0.22% Added +1.1k +1,098
59 Koshinski Asset Management, Inc. 0.16% of their portfolio DECATUR, IL 20,68120.7k $1.8m $1.8m 0.16% Reduced -217 -217
60 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 20,54020.5k $1.7m $1.7m 0.00% Added +8.6k +8,578
61 Sovereign Financial Group, Inc. 0.41% of their portfolio STAMFORD, CT 20,00720.0k $1.7m $1.7m 0.41% Unchanged
62 Coppell Advisory Solutions LLC 0.27% of their portfolio COPPELL, TX 19,78219.8k $1.6m $1.6m 0.27% First filing
63 Meridian Wealth Management, LLC 0.19% of their portfolio LEXINGTON, KY 19,44519.4k $1.6m $1.6m 0.19% New
64 DRW Securities, LLC 0.09% of their portfolio CHICAGO, IL 17,64017.6k $1.5m $1.5m 0.09% New
65 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 17,54717.5k $1.4m $1.4m 0.00% Unchanged
66 WoodTrust Financial Corp 0.21% of their portfolio WISCONSIN RAPIDS, WI 16,67316.7k $1.4m $1.4m 0.21% New
67 Trivium Point Advisory, LLC 0.21% of their portfolio WILTON, CT 16,66016.7k $1.4m $1.4m 0.21% New
68 MGO ONE SEVEN LLC 0.07% of their portfolio Beachwood, OH 16,59516.6k $1.4m $1.4m 0.07% Added +10.7k +10,689
69 SINECERA CAPITAL, LLC 1.87% of their portfolio AUSTIN, TX 16,48916.5k $1.4m $1.4m 1.87% Unchanged
70 TOWNSQUARE CAPITAL LLC 0.02% of their portfolio Lehi, UT 16,06216.1k $1.3m $1.3m 0.02% Reduced -868 -868
71 GeoWealth Management, LLC 0.06% of their portfolio CHICAGO, IL 15,72815.7k $1.3m $1.3m 0.06% Added +335 +335
72 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 14,72214.7k $1.2m $1.2m 0.02% Added +800 +800
73 Main Street Financial Solutions, LLC 0.11% of their portfolio NEWTOWN, PA 14,46914.5k $1.2m $1.2m 0.11% Added +6.5k +6,499
74 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 13,85713.9k $1.1m $1.1m 0.00% Added +1.3k +1,273
75 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 13,59813.6k $1.1m $1.1m 0.00% Reduced -1.1k -1,058
76 Rollins Financial Advisors, LLC 0.19% of their portfolio ATLANTA, GA 13,13213.1k $1.1m $1.1m 0.19% Unchanged
77 Mariner, LLC 0.00% of their portfolio Overland Park, KS 12,68712.7k $1.0m $1.0m 0.00% Added +186 +186
78 Sheaff Brock Investment Advisors, LLC 0.10% of their portfolio INDIANAPOLIS, IN 12,50012.5k $1.0m $1.0m 0.10% Reduced -4.8k -4,833
79 BROWN BROTHERS HARRIMAN & CO 0.01% of their portfolio NEW YORK, NY 12,45112.5k $1.0m $1.0m 0.01% Unchanged
80 DONALDSON CAPITAL MANAGEMENT, LLC 0.04% of their portfolio EVANSVILLE, IN 12,00012.0k $991.2k $991.2k 0.04% Unchanged
81 Evolution Wealth Advisors, LLC 0.19% of their portfolio AVENTURA, FL 11,53211.5k $952.5k $952.5k 0.19% Unchanged
82 Zega Financial, LLC 0.33% of their portfolio Palm Beach Gardens, FL 11,21311.2k $926.2k $926.2k 0.33% New
83 SkyOak Wealth, LLC 0.21% of their portfolio SOUTHFIELD, MI 10,74210.7k $887.3k $887.3k 0.21% Reduced -24 -24
84 XR Securities LLC 1.49% of their portfolio CHICAGO, IL 10,71310.7k $884.9k $884.9k 1.49% New
85 Marshall Financial Group, LLC 0.24% of their portfolio Hunt Valley, MD 10,44010.4k $862.3k $862.3k 0.24% Reduced -582 -582
86 Farther Finance Advisors, LLC 0.04% of their portfolio SAN FRANCISCO, CA 10,13310.1k $840.6k $840.6k 0.04% New
87 CoreCap Advisors, LLC 0.08% of their portfolio SOUTHFIELD, MI 9,1839.2k $758.5k $758.5k 0.08% Added +2.5k +2,540
88 Capital Investment Advisory Services, LLC 0.08% of their portfolio RALEIGH, NC 9,1499.1k $755.7k $755.7k 0.08% Reduced -250 -250
89 Chicago Partners Investment Group LLC 0.03% of their portfolio CHICAGO, IL 8,9018.9k $724.3k $724.3k 0.03% Reduced -123 -123
90 SteelPeak Wealth, LLC 0.03% of their portfolio WOODLAND HILLS, CA 8,8808.9k $735.2k $735.2k 0.03% Unchanged
91 X-Square Capital, LLC 0.33% of their portfolio GUAYNABO, PR 8,5368.5k $705.0k $705.0k 0.33% Added +2.4k +2,350
92 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 8,3708.4k $608.6k $608.6k 0.00% First filing
93 Grandview Asset Management LLC 0.40% of their portfolio HARRISBURG, PA 8,2008.2k $677.0k $677.0k 0.40% Unchanged
94 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 8,1558.2k $673.6k $673.6k 0.01% Reduced -40 -40
95 Sequoia Financial Advisors, LLC 0.01% of their portfolio Akron, OH 8,1188.1k $670.6k $670.6k 0.01% Unchanged
96 FIRST NATIONAL BANK & TRUST CO OF NEWTOWN 0.14% of their portfolio NEWTOWN, PA 8,0608.1k $665.8k $665.8k 0.14% Unchanged
97 CENTAURUS FINANCIAL, INC. 0.04% of their portfolio ANAHEIM, CA 8,0118.0k $662.0k $662.0k 0.04% Added +3.3k +3,335
98 NORDEN GROUP LLC 0.13% of their portfolio PROVO, UT 7,5927.6k $627.1k $627.1k 0.13% Reduced -354 -354
99 UBS Group AG 0.00% of their portfolio ZURICH, V8 7,0437.0k $581.8k $581.8k 0.00% Added +4.2k +4,210
100 Galvin, Gaustad & Stein, LLC 0.05% of their portfolio Scottsdale, AZ 6,9006.9k $569.9k $569.9k 0.05% Added +305 +305