Vault-13

PROSHARES TR SJB

SHRT HGH YIELD · ETP · CUSIP 74347R131

27 institutional holders +10 vs Q4 2025
5,650,5905.7m shares reported held*
$87.6mreported value*
18 new 1 added 5 reduced 8 sold out net bought ≈ $74.9m (+4.8m 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 ≈ $15.49. Options: 1 managers hold calls ($585.7k notional), 0 hold puts (—).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 56Q4 22: 64Q1 23: 50Q2 23: 42Q3 23: 40Q4 23: 40Q1 24: 32Q2 24: 29Q3 24: 33Q4 24: 20Q1 25: 20Q2 25: 25Q3 25: 15Q4 25: 17Q1 26: 2727Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202256
Q4 202264
Q1 202350
Q2 202342
Q3 202340
Q4 202340
Q1 202432
Q2 202429
Q3 202433
Q4 202420
Q1 202520
Q2 202525
Q3 202515
Q4 202517
Q1 202627

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 7 bought or addedQ2 24: 22 cut or sold outQ3 24: 18 bought or addedQ3 24: 13 cut or sold outQ3 24Q4 24: 6 bought or addedQ4 24: 24 cut or sold outQ1 25: 11 bought or addedQ1 25: 9 cut or sold outQ1 25Q2 25: 16 bought or addedQ2 25: 11 cut or sold outQ3 25: 7 bought or addedQ3 25: 16 cut or sold outQ3 25Q4 25: 8 bought or addedQ4 25: 13 cut or sold outQ1 26: 19 bought or addedQ1 26: 13 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024722
Q3 20241813
Q4 2024624
Q1 2025119
Q2 20251611
Q3 2025716
Q4 2025813
Q1 20261913

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ2 25 calls: $415.1kQ2 25 puts: $2.8mQ2 25P/C 6.82Q3 25 calls: $181.4kQ3 25 puts: $691.9kQ3 25P/C 3.81Q4 25 calls: $0Q4 25 puts: $228.9kQ4 25P/C —Q1 26 calls: $585.7kQ1 26 puts: $0Q1 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2025$415.1k$2.8m6.82
Q3 2025$181.4k$691.9k3.81
Q4 2025$0$228.9k—
Q1 2026$585.7k$00.00

Biggest buyers

Trek Financial, LLC New +2,680,859+2.7m
ENVESTNET ASSET MANAGEMENT INC New +911,828+911.8k
Thomas J. Herzfeld Advisors, Inc. New +796,652+796.7k
ALTFEST L J & CO INC New +322,259+322.3k
JANE STREET GROUP, LLC Added +295,595+295.6k
Encompass More Asset Management New +121,499+121.5k
CHOREO, LLC New +107,042+107.0k
CITADEL ADVISORS LLC New +40,544+40.5k
Bravias Capital Group, LLC New +10,439+10.4k
Private Advisor Group, LLC New +10,000+10.0k

Biggest sellers

STABLEFORD CAPITAL II LLC Sold out -260,865-260.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -61,715-61.7k
Tidal Investments LLC Sold out -38,055-38.1k
Elevated Capital Advisors, LLC Reduced -32,364-32.4k
Purpose Unlimited Inc. Sold out -28,846-28.8k
HRT FINANCIAL LP Sold out -15,420-15.4k
IMC-Chicago, LLC Sold out -13,894-13.9k
SIMPLEX TRADING, LLC Sold out -10,162-10.2k
Solstein Capital, LLC Reduced -9,023-9.0k
Csenge Advisory Group Reduced -5,093-5.1k

Biggest calls

CITADEL ADVISORS LLC New $585.7k37.8k shares

Biggest puts

None

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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Trek Financial, LLC 2.21% of their portfolio Scottsdale, AZ 2,680,8592.7m $41.5m $41.5m 2.21% New
2 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 911,828911.8k $14.1m $14.1m 0.00% New
3 Thomas J. Herzfeld Advisors, Inc. 4.20% of their portfolio MIAMI BEACH, FL 796,652796.7k $12.3m $12.3m 4.20% New
4 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 338,062338.1k $5.2m $5.2m 0.01% Added +295.6k +295,595
5 ALTFEST L J & CO INC 0.53% of their portfolio NEW YORK, NY 322,259322.3k $5.0m $5.0m 0.53% New
6 Csenge Advisory Group 0.15% of their portfolio CLEARWATER, FL 211,833211.8k $3.3m $3.3m 0.15% Reduced -5.1k -5,093
7 Encompass More Asset Management 0.32% of their portfolio Danville, CA 121,499121.5k $1.9m $1.9m 0.32% New
8 CHOREO, LLC 0.02% of their portfolio ROCKFORD, IL 107,042107.0k $1.7m $1.7m 0.02% New
9 Solstein Capital, LLC 0.29% of their portfolio Menlo Park, CA 46,19146.2k $715.7k $715.7k 0.29% Reduced -9.0k -9,023
10 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 40,54440.5k $628.2k $628.2k 0.00% New
11 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 35,41035.4k $548.7k $548.7k 0.00% Reduced -61.7k -61,715
12 Bravias Capital Group, LLC 0.11% of their portfolio ISELIN, NJ 10,43910.4k $161.8k $161.8k 0.11% New
13 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 10,00010.0k $154.9k $154.9k 0.00% New
14 Merkkuri Wealth Advisors LLC 0.10% of their portfolio HICKSVILLE, NY 9,4999.5k $147.2k $147.2k 0.10% New
15 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 4,0664.1k $63.0k $63.0k 0.00% New
16 MCF Advisors LLC 0.00% of their portfolio LEXINGTON, KY 1,2001.2k $18.6k $18.6k 0.00% New
17 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 986986 $15.3k $15.3k 0.00% Reduced -56 -56
18 CHILTON CAPITAL MANAGEMENT LLC 0.00% of their portfolio HOUSTON, TX 800800 $12.4k $12.4k 0.00% Unchanged
19 Elevated Capital Advisors, LLC 0.00% of their portfolio SANDY, UT 575575 $8.9k $8.9k 0.00% Reduced -32.4k -32,364
20 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 500500 $7.7k $7.7k 0.00% Unchanged
21 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 116116 $1.8k $1.8k 0.00% New
22 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 100100 $1.6k $1.6k 0.00% New
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5858 $908 $908 0.00% New
24 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3939 $604 $604 0.00% New
25 Private Wealth Management Group, LLC 0.00% of their portfolio PRINCETON, NJ 3030 $465 $465 0.00% New
26 UBS Group AG 0.00% of their portfolio ZURICH, V8 22 $31 $31 0.00% Unchanged
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 11 $31 $31 0.00% New