Vault-13

PROSHARES TR CSM

LARGE CAP CRE · ETP · CUSIP 74347R248

102 institutional holders +2 vs Q2 2025
3,371,7373.4m shares reported held*
$258.2mreported value*
10 new 25 added 39 reduced 5 sold out net sold ≈ $9.4m (-122.6k 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 ≈ $76.57.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 77Q4 22: 87Q1 23: 80Q2 23: 86Q3 23: 84Q4 23: 88Q1 24: 87Q2 24: 88Q3 24: 89Q4 24: 95Q1 25: 99Q2 25: 100Q3 25: 102102Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202277
Q4 202287
Q1 202380
Q2 202386
Q3 202384
Q4 202388
Q1 202487
Q2 202488
Q3 202489
Q4 202495
Q1 202599
Q2 2025100
Q3 2025102

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 23: 22 bought or addedQ4 23: 41 cut or sold outQ1 24: 24 bought or addedQ1 24: 44 cut or sold outQ1 24Q2 24: 16 bought or addedQ2 24: 41 cut or sold outQ3 24: 25 bought or addedQ3 24: 34 cut or sold outQ3 24Q4 24: 29 bought or addedQ4 24: 31 cut or sold outQ1 25: 25 bought or addedQ1 25: 37 cut or sold outQ1 25Q2 25: 27 bought or addedQ2 25: 45 cut or sold outQ3 25: 35 bought or addedQ3 25: 44 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232241
Q1 20242444
Q2 20241641
Q3 20242534
Q4 20242931
Q1 20252537
Q2 20252745
Q3 20253544

Biggest buyers

Cetera Investment Advisers Added +22,676+22.7k
MANCHESTER FINANCIAL INC Added +16,311+16.3k
LPL Financial LLC Added +13,184+13.2k
Willow Creek Wealth Management Inc. New +7,389+7.4k
Kelman-Lazarov, Inc. New +4,800+4.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +4,765+4.8k
NewEdge Advisors, LLC New +4,109+4.1k
Waterfront Wealth Inc. Added +3,999+4.0k
TWO SIGMA INVESTMENTS, LP New +3,600+3.6k
WEALTH EFFECTS LLC New +3,203+3.2k

Biggest sellers

Freedom Investment Management, Inc. Sold out -41,436-41.4k
Cambridge Investment Research Advisors, Inc. Reduced -25,121-25.1k
B. Riley Wealth Advisors, Inc. Reduced -22,551-22.6k
CWM, LLC Sold out -17,292-17.3k
SILVERCREST ASSET MANAGEMENT GROUP LLC Sold out -16,375-16.4k
BANK OF AMERICA CORP /DE/ Reduced -13,970-14.0k
Rockefeller Capital Management L.P. Reduced -12,498-12.5k
ROYAL BANK OF CANADA Reduced -11,539-11.5k
OSAIC HOLDINGS, INC. Reduced -11,013-11.0k
Bank of New York Mellon Corp Reduced -5,138-5.1k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 813,588813.6k $62.3m $62.3m 0.00% Added +2.4k +2,445
2 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.07% of their portfolio LOS ANGELES, CA 396,271396.3k $30.3m $30.3m 0.07% Reduced -1.7k -1,700
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 302,486302.5k $23.2m $23.2m 0.01% Added +13.2k +13,184
4 B. Riley Wealth Advisors, Inc. 0.65% of their portfolio MEMPHIS, TN 176,412176.4k $13.5m $13.5m 0.65% Reduced -22.6k -22,551
5 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 120,806120.8k $9.3m $9.3m 0.01% Added +319 +319
6 Onyx Bridge Wealth Group LLC 0.97% of their portfolio TARRYTOWN, NY 116,877116.9k $8.9m $8.9m 0.97% Added +599 +599
7 Waterfront Wealth Inc. 1.65% of their portfolio OVERLAND PARK, KS 105,182105.2k $8.1m $8.1m 1.65% Added +4.0k +3,999
8 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 97,84697.8k $7.5m $7.5m 0.00% Reduced -2.0k -2,010
9 Apexium Financial, LP 0.34% of their portfolio Dallas, TX 91,12291.1k $7.0m $7.0m 0.34% Reduced -3.9k -3,943
10 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 78,16078.2k $6.0m $6.0m 0.00% Reduced -5.1k -5,138
11 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 68,53268.5k $5.2m $5.2m 0.00% Reduced -14.0k -13,970
12 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 63,69363.7k $4.9m $4.9m 0.00% Reduced -1.4k -1,382
13 Legacy Private Trust Co. 0.26% of their portfolio NEENAH, WI 55,77455.8k $4.3m $4.3m 0.26% Reduced -3.3k -3,321
14 Mutual Advisors, LLC 0.09% of their portfolio OMAHA, NE 52,33852.3k $4.0m $4.0m 0.09% Reduced -77 -77
15 GILL CAPITAL PARTNERS, LLC 1.20% of their portfolio DENVER, CO 51,24051.2k $3.9m $3.9m 1.20% Reduced -3.1k -3,126
16 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 48,85548.9k $3.7m $3.7m 0.01% Reduced -11.0k -11,013
17 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 47,61047.6k $3.6m $3.6m 0.00% Reduced -9 -9
18 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 41,47841.5k $3.2m $3.2m 0.01% Reduced -14 -14
19 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 35,72735.7k $2.7m $2.7m 0.00% Added +22.7k +22,676
20 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 35,60435.6k $2.7m $2.7m 0.01% Added +177 +177
21 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 35,21835.2k $2.7m $2.7m 0.00% Reduced -1.4k -1,444
22 Duncan Williams Asset Management, LLC 0.67% of their portfolio MEMPHIS, TN 31,16231.2k $2.4m $2.4m 0.67% Reduced -526 -526
23 MANCHESTER FINANCIAL INC 0.46% of their portfolio Westlake Village, CA 30,00630.0k $2.3m $2.3m 0.46% Added +16.3k +16,311
24 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 29,97030.0k $2.3m $2.3m 0.00% Unchanged
25 HCR Wealth Advisors 0.20% of their portfolio LOS ANGELES, CA 25,71425.7k $2.0m $2.0m 0.20% Unchanged
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 21,82921.8k $1.7m $1.7m 0.00% Reduced -11.5k -11,539
27 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 20,60920.6k $1.6m $1.6m 0.00% Reduced -25.1k -25,121
28 LEAVELL INVESTMENT MANAGEMENT, INC. 0.06% of their portfolio MOBILE, AL 19,71419.7k $1.5m $1.5m 0.06% Reduced -332 -332
29 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 17,31817.3k $1.3m $1.3m 0.01% Added +4 +4
30 THOROUGHBRED FINANCIAL SERVICES, LLC 0.07% of their portfolio BRENTWOOD, TN 14,05114.1k $1.1m $1.1m 0.07% Added +1 +1
31 EVERGREEN CAPITAL MANAGEMENT LLC 0.02% of their portfolio Bellevue, WA 13,55213.6k $1.0m $1.0m 0.02% Unchanged
32 Patten Group, Inc. 0.20% of their portfolio CHATTANOOGA, TN 13,46713.5k $1.0m $1.0m 0.20% Added +607 +607
33 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 12,59612.6k $964.5k $964.5k 0.00% Reduced -12.5k -12,498
34 WEDBUSH SECURITIES INC 0.03% of their portfolio PASADENA, CA 12,56112.6k $962.0k $962.0k 0.03% Reduced -3.5k -3,489
35 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 12,46012.5k $954.0k $954.0k 0.00% Reduced -157 -157
36 SeaCrest Wealth Management, LLC 0.09% of their portfolio PURCHASE, NY 10,76710.8k $833.6k $833.6k 0.09% Added +45 +45
37 Navis Wealth Advisors, LLC 0.61% of their portfolio RYE BROOK, NY 10,59910.6k $811.6k $811.6k 0.61% Reduced -1.7k -1,737
38 Prosperity Financial Group, Inc. 0.28% of their portfolio San Ramon, CA 10,05510.1k $769.9k $769.9k 0.28% Reduced -801 -801
39 QTR Family Wealth, LLC 0.36% of their portfolio LAKE MARY, FL 10,02910.0k $767.9k $767.9k 0.36% Reduced -264 -264
40 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 9,0779.1k $695.6k $695.6k 0.01% Reduced -141 -141
41 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 8,6708.7k $663.9k $663.9k 0.00% Unchanged
42 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 8,4888.5k $649.9k $649.9k 0.00% Reduced -269 -269
43 FMR LLC 0.00% of their portfolio BOSTON, MA 8,0028.0k $612.7k $612.7k 0.00% Reduced -1.6k -1,606
44 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 7,8217.8k $598.9k $598.9k 0.01% Reduced -1.3k -1,329
45 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 7,6777.7k $587.8k $587.8k 0.00% Added +13 +13
46 Willow Creek Wealth Management Inc. 0.05% of their portfolio Sebastopol, CA 7,3897.4k $565.9k $565.9k 0.05% New
47 Empower Advisory Group, LLC 0.00% of their portfolio Greenwood Village, CO 7,0277.0k $538.1k $538.1k 0.00% Unchanged
48 Bienville Capital Management, LLC 0.10% of their portfolio New York, NY 6,6006.6k $505.4k $505.4k 0.10% Unchanged
49 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 6,4836.5k $496.4k $496.4k 0.01% Added +11 +11
50 WealthPLAN Partners, LLC 0.07% of their portfolio OMAHA, NE 6,1326.1k $469.5k $469.5k 0.07% Added +3 +3
51 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 5,6105.6k $429.6k $429.6k 0.00% Unchanged
52 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 5,6025.6k $428.9k $428.9k 0.00% Added +15 +15
53 Commonwealth Financial Services, LLC 0.07% of their portfolio VIENNA, WV 5,4105.4k $414.2k $414.2k 0.07% Unchanged
54 Perennial Investment Advisors, LLC 0.03% of their portfolio Los Angeles, CA 5,0015.0k $382.9k $382.9k 0.03% Reduced -52 -52
55 Kelman-Lazarov, Inc. 0.05% of their portfolio MEMPHIS, TN 4,8004.8k $367.5k $367.5k 0.05% New
56 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 4,7654.8k $364.9k $364.9k 0.00% New
57 Clearstead Advisors, LLC 0.01% of their portfolio CLEVELAND, OH 4,7454.7k $363.3k $363.3k 0.01% Unchanged
58 Mariner, LLC 0.00% of their portfolio Overland Park, KS 4,5354.5k $347.3k $347.3k 0.00% Unchanged
59 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 4,4224.4k $338.6k $338.6k 0.01% Reduced -23 -23
60 KINGSWOOD WEALTH ADVISORS, LLC 0.02% of their portfolio SAN DIEGO, CA 4,4094.4k $337.6k $337.6k 0.02% Added +1.2k +1,250
61 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 4,3994.4k $336.8k $336.8k 0.00% Added +8 +8
62 Financial Engines Advisors L.L.C. 0.00% of their portfolio SANTA CLARA, CA 4,3964.4k $336.6k $336.6k 0.00% Unchanged
63 EVERMAY WEALTH MANAGEMENT LLC 0.04% of their portfolio ARLINGTON, VA 4,3424.3k $332.5k $332.5k 0.04% Unchanged
64 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 4,2974.3k $329.0k $329.0k 0.00% Unchanged
65 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,2784.3k $327.6k $327.6k 0.00% Reduced -828 -828
66 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 4,1094.1k $314.6k $314.6k 0.00% New
67 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 3,9504.0k $302.5k $302.5k 0.00% Added +21 +21
68 LeClair Wealth Partners LLC 0.18% of their portfolio DUBLIN, OH 3,6863.7k $282.2k $282.2k 0.18% Unchanged
69 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 3,6583.7k $280.1k $280.1k 0.01% Reduced -409 -409
70 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 3,6003.6k $275.7k $275.7k 0.00% New
71 Pacific Sun Financial Corp 0.13% of their portfolio LOS ANGELES, CA 3,5403.5k $271.1k $271.1k 0.13% Unchanged
72 Werba Rubin Papier Wealth Management 0.04% of their portfolio SAN JOSE, CA 3,4643.5k $265.2k $265.2k 0.04% Unchanged
73 Focus Financial Network, Inc. 0.01% of their portfolio MINNEAPOLIS, MN 3,4133.4k $261.4k $261.4k 0.01% Reduced -76 -76
74 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 3,3823.4k $259.0k $259.0k 0.00% Reduced -78 -78
75 CALDWELL SUTTER CAPITAL, INC. 0.11% of their portfolio SAUSALITO, CA 3,3303.3k $255.0k $255.0k 0.11% Unchanged
76 WEALTH EFFECTS LLC 0.08% of their portfolio BOSTON, MA 3,2033.2k $245.2k $245.2k 0.08% New
77 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 2,8962.9k $221.7k $221.7k 0.00% Reduced -2.3k -2,281
78 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 2,8962.9k $222.9k $222.9k 0.00% Unchanged
79 RDA Financial Network 0.05% of their portfolio AKRON, IA 2,8892.9k $221.2k $221.2k 0.05% Reduced -1.0k -1,012
80 JBR Co Financial Management Inc 0.09% of their portfolio ARDMORE, OK 2,8452.8k $217.8k $217.8k 0.09% Unchanged
81 PRIVATE TRUST CO NA 0.02% of their portfolio CLEVELAND, OH 2,6912.7k $206.0k $206.0k 0.02% Reduced -55 -55
82 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 2,1442.1k $164.2k $164.2k 0.00% Unchanged
83 Global Wealth Strategies & Associates 0.04% of their portfolio DENVER, CO 2,0902.1k $160.1k $160.1k 0.04% New
84 HHM Wealth Advisors, LLC 0.01% of their portfolio CHATTANOOGA, TN 1,6351.6k $125.2k $125.2k 0.01% Reduced -1.2k -1,213
85 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0621.1k $81.3k $81.3k 0.00% Added +957 +957
86 JNBA Financial Advisors 0.01% of their portfolio BLOOMINGTON, MN 1,0501.1k $80.4k $80.4k 0.01% Unchanged
87 Hopwood Financial Services, Inc. 0.04% of their portfolio RESTON, VA 800800 $61.3k $61.3k 0.04% Unchanged
88 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 738738 $56.5k $56.5k 0.00% Added +369 +369
89 Silicon Valley Capital Partners 0.00% of their portfolio SAN JOSE, CA 637637 $48.8k $48.8k 0.00% Added +3 +3
90 First Pacific Financial 0.00% of their portfolio VANCOUVER, WA 457457 $35.0k $35.0k 0.00% Added +1 +1
91 WPG Advisers, LLC 0.02% of their portfolio BALTIMORE, MD 352352 $27.0k $27.0k 0.02% Unchanged
92 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 208208 $15.9k $15.9k 0.00% New
93 West Branch Capital LLC 0.00% of their portfolio AMHERST, MA 207207 $15.9k $15.9k 0.00% Added +1 +1
94 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 194194 $14.9k $14.9k 0.00% New
95 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 190190 $14.5k $14.5k 0.00% Unchanged
96 ORG Partners LLC 0.00% of their portfolio ROANOKE, IN 181181 $13.9k $13.9k 0.00% Unchanged
97 TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio LEESBURG, VA 180180 $13.8k $13.8k 0.00% Unchanged
98 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 145145 $11.1k $11.1k 0.00% New
99 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 142142 $10.8k $10.8k 0.00% Added +1 +1
100 HARBOR INVESTMENT ADVISORY, LLC 0.00% of their portfolio LUTHERVILLE, MD 8080 $6.1k $6.1k 0.00% Reduced -44 -44