Vault-13

PROSHARES TR SSO

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

240 institutional holders +25 vs Q1 2026
23,574,81523.6m shares reported held*
$1.6bnreported value*
49 new 63 added 76 reduced 22 sold out net bought ≈ $910.0m (+13.5m 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 ($15.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $67.35. Options: 5 managers hold calls ($72.4m notional), 6 hold puts ($32.3m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 144Q4 22: 157Q1 23: 163Q2 23: 177Q3 23: 163Q4 23: 192Q1 24: 188Q2 24: 204Q3 24: 211Q4 24: 243Q1 25: 215Q2 25: 230Q3 25: 242Q4 25: 263Q1 26: 215Q2 26: 240240Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022144
Q4 2022157
Q1 2023163
Q2 2023177
Q3 2023163
Q4 2023192
Q1 2024188
Q2 2024204
Q3 2024211
Q4 2024243
Q1 2025215
Q2 2025230
Q3 2025242
Q4 2025263
Q1 2026215
Q2 2026240

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 24: 89 bought or addedQ3 24: 101 cut or sold outQ4 24: 103 bought or addedQ4 24: 90 cut or sold outQ4 24Q1 25: 83 bought or addedQ1 25: 115 cut or sold outQ2 25: 118 bought or addedQ2 25: 83 cut or sold outQ2 25Q3 25: 111 bought or addedQ3 25: 99 cut or sold outQ4 25: 110 bought or addedQ4 25: 109 cut or sold outQ4 25Q1 26: 84 bought or addedQ1 26: 141 cut or sold outQ2 26: 112 bought or addedQ2 26: 98 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202489101
Q4 202410390
Q1 202583115
Q2 202511883
Q3 202511199
Q4 2025110109
Q1 202684141
Q2 202611298

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ3 25 calls: $132.8mQ3 25 puts: $75.7mQ3 25P/C 0.57Q4 25 calls: $66.6mQ4 25 puts: $56.5mQ4 25P/C 0.85Q1 26 calls: $59.7mQ1 26 puts: $36.1mQ1 26P/C 0.60Q2 26 calls: $72.4mQ2 26 puts: $32.3mQ2 26P/C 0.45
Numbers
QuarterCallsPutsP/C
Q3 2025$132.8m$75.7m0.57
Q4 2025$66.6m$56.5m0.85
Q1 2026$59.7m$36.1m0.60
Q2 2026$72.4m$32.3m0.45

Biggest buyers

Howard Capital Management, LLC New +12,170,614+12.2m
GOLDMAN SACHS GROUP INC Added +850,000+850.0k
TTP Investments, Inc. Added +677,631+677.6k
Client First Investment Management LLC Added +426,494+426.5k
KINGSWOOD WEALTH ADVISORS, LLC Added +133,929+133.9k
Three Seasons Wealth, LLC New +120,593+120.6k
CENTAURUS FINANCIAL, INC. New +116,079+116.1k
Blueprint Investment Partners LLC New +97,408+97.4k
GTS SECURITIES LLC New +79,702+79.7k
MILESTONE ASSET MANAGEMENT, LLC Added +68,426+68.4k

Biggest sellers

PINKERTON WEALTH, LLC Sold out -749,133-749.1k
Virtue Capital Management, LLC Sold out -392,767-392.8k
FLOW TRADERS U.S. LLC Sold out -149,908-149.9k
HRT FINANCIAL LP Sold out -86,630-86.6k
Massar Capital Management, LP Sold out -53,880-53.9k
BANK OF AMERICA CORP /DE/ Reduced -38,030-38.0k
Spire Wealth Management Reduced -37,907-37.9k
Squarepoint Ops LLC Sold out -33,468-33.5k
Bank of New York Mellon Corp Reduced -31,350-31.4k
ZEGA Investments, LLC Sold out -27,375-27.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $19.3m285.7k shares
CITADEL ADVISORS LLC Reduced $19.2m285.3k shares
IMC-Chicago, LLC Reduced $18.8m278.6k shares
JANE STREET GROUP, LLC Reduced $12.3m183.2k shares
GROUP ONE TRADING LLC Reduced $2.8m41.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $13.4m198.4k shares
CITADEL ADVISORS LLC Added $12.4m184.7k shares
Lido Advisors, LLC Unchanged $4.2m63.0k shares
JANE STREET GROUP, LLC Reduced $1.9m28.3k shares
Pavaki Capital Management LLC Unchanged $202.1k3.0k shares
Sollinda Capital Management LLC New $121.3k1.8k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Howard Capital Management, LLC 9.76% of their portfolio Alpharetta, GA 12,170,61412.2m $820.1m $820.1m 9.76% New
2 Main Street Group, LTD 18.77% of their portfolio GLEN ALLEN, VA 1,195,3691.2m $80.5m $80.5m 18.77% Added +32.3k +32,334
3 TTP Investments, Inc. 26.07% of their portfolio San Jose, CA 953,807953.8k $64.3m $64.3m 26.07% Added +677.6k +677,631
4 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 878,204878.2k $59.2m $59.2m 0.01% Added +850.0k +850,000
5 Client First Investment Management LLC 15.46% of their portfolio West Bend, WI 544,551544.6k $36.7m $36.7m 15.46% Added +426.5k +426,494
6 Spire Wealth Management 0.78% of their portfolio MCLEAN, VA 381,985382.0k $25.7m $25.7m 0.78% Reduced -37.9k -37,907
7 Ridgepath Capital Management LLC 10.98% of their portfolio Knoxville, TN 369,107369.1k $24.9m $24.9m 10.98% Reduced -997 -997
8 UBS Group AG 0.00% of their portfolio ZURICH, V8 321,453321.5k $21.7m $21.7m 0.00% Added +36.7k +36,711
9 Asset Management Group, Inc. 2.79% of their portfolio STAMFORD, CT 282,805282.8k $19.1m $19.1m 2.79% Reduced -4.9k -4,934
10 KINGSWOOD WEALTH ADVISORS, LLC 0.74% of their portfolio SAN DIEGO, CA 271,376271.4k $18.3m $18.3m 0.74% Added +133.9k +133,929
11 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 249,617249.6k $16.8m $16.8m 0.02% Reduced -929 -929
12 Brookstone Capital Management 0.16% of their portfolio WHEATON, IL 232,199232.2k $15.6m $15.6m 0.16% Reduced -22.0k -22,009
13 TOTH FINANCIAL ADVISORY CORP 1.50% of their portfolio LEESBURG, VA 228,618228.6k $15.4m $15.4m 1.50% Reduced -3.7k -3,668
14 Portfolio Design Labs, LLC 2.43% of their portfolio ENCINO, CA 220,397220.4k $14.9m $14.9m 2.43% Reduced -6.7k -6,667
15 Arta Finance Wealth Management LLC 5.17% of their portfolio MOUNTAIN VIEW, CA 179,193179.2k $12.1m $12.1m 5.17% Reduced -6.3k -6,335
16 GenWealth Group, Inc. 1.77% of their portfolio Maplewood, NJ 168,776168.8k $11.4m $11.4m 1.77% Reduced -6.3k -6,346
17 Capital Investment Counsel, Inc 1.22% of their portfolio RALEIGH, NC 167,727167.7k $11.3m $11.3m 1.22% Added +8.7k +8,685
18 INDEPENDENT FINANCIAL GROUP, LLC 0.21% of their portfolio SAN DIEGO, CA 166,076166.1k $11.2m $11.2m 0.21% Reduced -5.1k -5,123
19 Dedeker Financial LLC 6.33% of their portfolio ST. LOUIS PARK, MN 165,240165.2k $11.1m $11.1m 6.33% Reduced -3.4k -3,396
20 Global View Capital Management LLC 2.26% of their portfolio WAUKESHA, WI 162,652162.7k $11.0m $11.0m 2.26% Added +9.6k +9,640
21 Ascent Group, LLC 0.32% of their portfolio VIRGINIA BEACH, VA 159,348159.3k $10.7m $10.7m 0.32% Reduced -5.4k -5,435
22 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 153,468153.5k $10.3m $10.3m 0.01% Unchanged
23 Three Seasons Wealth, LLC 0.74% of their portfolio SALT LAKE CITY, UT 120,593120.6k $8.1m $8.1m 0.74% New
24 Lido Advisors, LLC 0.03% of their portfolio Los Angeles, CA 118,600118.6k $8.0m $8.0m 0.03% Reduced -20.8k -20,825
25 CENTAURUS FINANCIAL, INC. 0.30% of their portfolio ANAHEIM, CA 116,079116.1k $7.8m $7.8m 0.30% New
26 J. M. Brown & Associates Inc. 4.37% of their portfolio TULSA, OK 113,430113.4k $7.6m $7.6m 4.37% First filing
27 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 99,04699.0k $6.6m $6.6m 0.00% Reduced -1.8k -1,822
28 Blueprint Investment Partners LLC 0.55% of their portfolio GREENSBORO, NC 97,40897.4k $6.6m $6.6m 0.55% New
29 Wealthcare Advisory Partners LLC 0.12% of their portfolio WEST CHESTER, PA 94,93894.9k $6.4m $6.4m 0.12% Reduced -980 -980
30 Ashton Thomas Private Wealth, LLC 0.12% of their portfolio SCOTTSDALE, AZ 88,62088.6k $6.0m $6.0m 0.12% Reduced -9.0k -8,967
31 UNIQUE WEALTH, LLC 0.68% of their portfolio TAMPA, FL 86,90386.9k $5.9m $5.9m 0.68% Reduced -2.3k -2,333
32 HARBOUR INVESTMENTS, INC. 0.08% of their portfolio MADISON, WI 83,75583.8k $5.6m $5.6m 0.08% Added +155 +155
33 GTS SECURITIES LLC 0.11% of their portfolio NEW YORK, NY 79,70279.7k $5.4m $5.4m 0.11% New
34 MILESTONE ASSET MANAGEMENT, LLC 0.77% of their portfolio PITTSBURGH, PA 72,89672.9k $4.9m $4.9m 0.77% Added +68.4k +68,426
35 Apollon Financial, LLC 0.49% of their portfolio MOUNT PLEASANT, SC 61,61661.6k $4.2m $4.2m 0.49% Added +4 +4
36 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 58,93558.9k $4.0m $4.0m 0.00% Reduced -1.8k -1,783
37 Blueprint Financial Advisors LLC 0.44% of their portfolio GREENSBOTO, NC 58,28358.3k $3.9m $3.9m 0.44% New
38 Innova Wealth Partners 1.62% of their portfolio NEWTOWN, PA 57,91357.9k $3.9m $3.9m 1.62% Reduced -471 -471
39 Tower Research Capital LLC (TRC) 0.09% of their portfolio NEW YORK, NY 54,81854.8k $3.7m $3.7m 0.09% Added +44.9k +44,888
40 Marshall Financial Group, LLC 0.53% of their portfolio Hunt Valley, MD 54,43554.4k $3.7m $3.7m 0.53% Reduced -25.4k -25,412
41 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 51,85551.9k $3.5m $3.5m 0.00% New
42 Professional Financial Advisors, LLC 0.60% of their portfolio NORTH PLATTE, NE 51,24451.2k $3.5m $3.5m 0.60% Added +1.2k +1,192
43 SP Asset Management LLC 0.27% of their portfolio CUPERTINO, CA 50,80350.8k $3.4m $3.4m 0.27% Reduced -785 -785
44 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 50,29350.3k $3.4m $3.4m 0.00% Reduced -7.7k -7,748
45 Koshinski Asset Management, Inc. 0.18% of their portfolio DECATUR, IL 49,09149.1k $3.3m $3.3m 0.18% Added +4.0k +4,020
46 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 48,75648.8k $3.3m $3.3m 0.01% Added +19.7k +19,743
47 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 47,50247.5k $3.2m $3.2m 0.00% Added +33.0k +33,015
48 PMV Capital Advisers, LLC 4.71% of their portfolio DALLAS, TX 46,55646.6k $3.1m $3.1m 4.71% Added +5.1k +5,076
49 Plotkin Financial Advisors, LLC 1.30% of their portfolio CHEVY CHASE, MD 46,52446.5k $3.1m $3.1m 1.30% Reduced -9.1k -9,074
50 Tempus Wealth Planning, LLC 0.61% of their portfolio IRVINE, CA 46,05446.1k $3.1m $3.1m 0.61% New
51 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 44,96245.0k $3.0m $3.0m 0.03% Added +102 +102
52 Capital Investment Advisory Services, LLC 0.19% of their portfolio RALEIGH, NC 44,90544.9k $3.0m $3.0m 0.19% Reduced -2.5k -2,483
53 Mariner, LLC 0.00% of their portfolio Overland Park, KS 44,47444.5k $3.0m $3.0m 0.00% Reduced -1.3k -1,264
54 Meridian Wealth Management, LLC 0.09% of their portfolio LEXINGTON, KY 43,77443.8k $2.9m $2.9m 0.09% Added +9.2k +9,223
55 Sowell Financial Services LLC 0.09% of their portfolio NORTH LITTLE ROCK, AR 43,03043.0k $2.9m $2.9m 0.09% Reduced -8.5k -8,455
56 Global Assets Advisory, LLC 0.63% of their portfolio ORLANDO, FL 42,81542.8k $2.9m $2.9m 0.63% New
57 Valeo Financial Advisors, LLC 0.06% of their portfolio CARMEL, IN 40,03640.0k $2.7m $2.7m 0.06% Unchanged
58 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 40,00040.0k $2.1m $2.1m 0.00% Reduced -2.5k -2,488
59 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 39,94139.9k $2.7m $2.7m 0.00% Reduced -22.6k -22,605
60 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 39,56939.6k $2.7m $2.7m 0.02% Added +33.6k +33,622
61 Larson Financial Group LLC 0.07% of their portfolio ST LOUIS, MO 39,40739.4k $2.7m $2.7m 0.07% Added +1.4k +1,407
62 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 39,19739.2k $2.6m $2.6m 0.00% Reduced -3.4k -3,350
63 Sollinda Capital Management LLC 0.54% of their portfolio HICKORY, NC 37,31037.3k $2.5m $2.5m 0.54% Reduced -4.8k -4,760
64 Sovereign Financial Group, Inc. 0.37% of their portfolio STAMFORD, CT 36,14836.1k $2.4m $2.4m 0.37% Added +110 +110
65 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 35,70435.7k $2.4m $2.4m 0.01% Added +15.4k +15,404
66 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 33,95934.0k $2.3m $2.3m 0.00% Added +6.4k +6,383
67 NewEdge Wealth, LLC 0.02% of their portfolio STAMFORD, CT 32,68432.7k $2.2m $2.2m 0.02% Reduced -12.0k -12,021
68 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 32,50832.5k $2.2m $2.2m 0.02% Added +16.6k +16,551
69 Discipline Wealth Solutions, LLC 0.18% of their portfolio GREENVILLE, SC 30,09730.1k $2.0m $2.0m 0.18% Added +15.0k +15,027
70 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 27,15427.2k $1.8m $1.8m 0.00% Reduced -22.5k -22,476
71 Rollins Financial Advisors, LLC 0.24% of their portfolio ATLANTA, GA 26,78226.8k $1.8m $1.8m 0.24% Reduced -3.0k -2,994
72 GeoWealth Management, LLC 0.06% of their portfolio CHICAGO, IL 26,45926.5k $1.8m $1.8m 0.06% Reduced -941 -941
73 Arax Advisory Partners 0.01% of their portfolio NEW YORK, NY 26,20826.2k $1.8m $1.8m 0.01% Added +7.6k +7,590
74 DONALDSON CAPITAL MANAGEMENT, LLC 0.05% of their portfolio EVANSVILLE, IN 24,08024.1k $1.6m $1.6m 0.05% Unchanged
75 DIVERSIFIED TRUST CO 0.03% of their portfolio MEMPHIS, TN 24,00024.0k $1.6m $1.6m 0.03% Unchanged
76 Allworth Financial LP 0.01% of their portfolio FOLSOM, CA 23,60723.6k $1.6m $1.6m 0.01% Reduced -995 -995
77 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 23,54523.5k $1.6m $1.6m 0.00% Added +164 +164
78 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 23,37523.4k $1.6m $1.6m 0.00% Added +16.0k +16,002
79 Evolution Wealth Advisors, LLC 0.18% of their portfolio AVENTURA, FL 23,06423.1k $1.6m $1.6m 0.18% Reduced -70 -70
80 MGO ONE SEVEN LLC 0.03% of their portfolio Beachwood, OH 22,93122.9k $1.5m $1.5m 0.03% Reduced -2.8k -2,789
81 Berger Financial Group, Inc 0.08% of their portfolio PLYMOUTH, MN 22,52222.5k $1.5m $1.5m 0.08% Reduced -308 -308
82 Genesee Capital Advisors, LLC 0.48% of their portfolio AUBURN, NY 22,38822.4k $1.5m $1.5m 0.48% Added +16.1k +16,130
83 Clark Capital Management Group, Inc. 0.01% of their portfolio PHILADELPHIA, PA 22,37522.4k $1.5m $1.5m 0.01% Added +7.7k +7,725
84 Summit Financial, LLC 0.02% of their portfolio PARSIPPANY, NJ 21,55821.6k $1.5m $1.5m 0.02% New
85 Galvin, Gaustad & Stein, LLC 0.11% of their portfolio Scottsdale, AZ 21,44021.4k $1.4m $1.4m 0.11% Added +7.5k +7,450
86 Clear Creek Financial Management, LLC 0.09% of their portfolio SILVERDALE, WA 21,17021.2k $1.4m $1.4m 0.09% Added +17.3k +17,260
87 J. Safra Sarasin Holding AG 0.02% of their portfolio BASEL, V8 20,78720.8k $1.4m $1.4m 0.02% New
88 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 20,77220.8k $1.4m $1.4m 0.00% Unchanged
89 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 20,33920.3k $1.4m $1.4m 0.00% Reduced -2.4k -2,364
90 Avidian Wealth Enterprises, LLC 0.04% of their portfolio Houston, TX 20,03220.0k $1.3m $1.3m 0.04% Added +7 +7
91 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.15% of their portfolio CONCORD, MA 19,66219.7k $1.3m $1.3m 0.15% New
92 SkyOak Wealth, LLC 0.21% of their portfolio SOUTHFIELD, MI 19,48919.5k $1.3m $1.3m 0.21% Reduced -1.3k -1,340
93 Safe Harbor Fiduciary, LLC 0.98% of their portfolio PENSACOLA, FL 18,61218.6k $1.3m $1.3m 0.98% Added +289 +289
94 Chicago Partners Investment Group LLC 0.02% of their portfolio CHICAGO, IL 18,11818.1k $1.2m $1.2m 0.02% Added +33 +33
95 WoodTrust Financial Corp 0.14% of their portfolio WISCONSIN RAPIDS, WI 18,11018.1k $1.2m $1.2m 0.14% Unchanged
96 TWO SIGMA SECURITIES, LLC 0.10% of their portfolio NEW YORK, NY 18,04418.0k $1.2m $1.2m 0.10% Added +11.0k +11,018
97 SteelPeak Wealth, LLC 0.03% of their portfolio WOODLAND HILLS, CA 17,76017.8k $1.2m $1.2m 0.03% Unchanged
98 FOUNDERS FINANCIAL SECURITIES LLC 0.06% of their portfolio TOWSON, MD 17,72517.7k $1.2m $1.2m 0.06% Added +836 +836
99 Strategic Blueprint, LLC 0.06% of their portfolio ATLANTA, GA 17,40117.4k $1.2m $1.2m 0.06% Reduced -6.9k -6,875
100 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 15,64315.6k $1.1m $1.1m 0.00% Reduced -787 -787