Vault-13

PROSHARES TR USD

PSHS ULT SEMICDT · ETP · CUSIP 74347R669

71 institutional holders +14 vs Q1 2026
10,444,62110.4m shares reported held*
$190.3mreported value*
22 new 14 added 21 reduced 8 sold out net sold ≈ $14.9m (-4.6m 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 ≈ $18.22. Options: 4 managers hold calls ($72.8m notional), 6 hold puts ($42.8m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 28Q4 22: 27Q1 23: 29Q2 23: 33Q3 23: 25Q4 23: 33Q1 24: 39Q2 24: 46Q3 24: 42Q4 24: 58Q1 25: 41Q2 25: 49Q3 25: 58Q4 25: 63Q1 26: 57Q2 26: 7171Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202228
Q4 202227
Q1 202329
Q2 202333
Q3 202325
Q4 202333
Q1 202439
Q2 202446
Q3 202442
Q4 202458
Q1 202541
Q2 202549
Q3 202558
Q4 202563
Q1 202657
Q2 202671

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 21 bought or addedQ3 24: 23 cut or sold outQ4 24: 30 bought or addedQ4 24: 16 cut or sold outQ4 24Q1 25: 15 bought or addedQ1 25: 40 cut or sold outQ2 25: 26 bought or addedQ2 25: 23 cut or sold outQ2 25Q3 25: 30 bought or addedQ3 25: 23 cut or sold outQ4 25: 27 bought or addedQ4 25: 31 cut or sold outQ4 25Q1 26: 30 bought or addedQ1 26: 27 cut or sold outQ2 26: 36 bought or addedQ2 26: 29 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242123
Q4 20243016
Q1 20251540
Q2 20252623
Q3 20253023
Q4 20252731
Q1 20263027
Q2 20263629

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 25 calls: $34.4mQ3 25 puts: $21.6mQ3 25P/C 0.63Q4 25 calls: $33.8mQ4 25 puts: $16.4mQ4 25P/C 0.49Q1 26 calls: $27.4mQ1 26 puts: $14.5mQ1 26P/C 0.53Q2 26 calls: $72.8mQ2 26 puts: $42.8mQ2 26P/C 0.59
Numbers
QuarterCallsPutsP/C
Q3 2025$34.4m$21.6m0.63
Q4 2025$33.8m$16.4m0.49
Q1 2026$27.4m$14.5m0.53
Q2 2026$72.8m$42.8m0.59

Biggest buyers

MERCER GLOBAL ADVISORS INC /ADV New +81,681+81.7k
Integrated Wealth Concepts LLC Added +64,000+64.0k
Simplicity Wealth,LLC New +20,821+20.8k
Cambridge Investment Research Advisors, Inc. Added +13,973+14.0k
Dale Q Rice Investment Management Ltd Added +11,035+11.0k
Client First Investment Management LLC New +10,756+10.8k
CITADEL ADVISORS LLC New +9,421+9.4k
HIMENSION CAPITAL (SINGAPORE) PTE. LTD. New +5,641+5.6k
Sanctuary Advisors, LLC New +5,280+5.3k
JANE STREET GROUP, LLC New +5,063+5.1k

Biggest sellers

Mariner, LLC Reduced -3,657,448-3.7m
Distillate Capital Partners LLC Sold out -998,614-998.6k
Tower Research Capital LLC (TRC) Reduced -87,192-87.2k
Retirement Planning Co of New England, Inc. Reduced -24,203-24.2k
Advisory Alpha, LLC Sold out -20,585-20.6k
US Asset Management LLC Sold out -14,626-14.6k
XTX Topco Ltd Sold out -9,429-9.4k
Fortitude Advisory Group L.L.C. Sold out -4,866-4.9k
TWO SIGMA SECURITIES, LLC Reduced -4,780-4.8k
HRT FINANCIAL LP Reduced -4,765-4.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $42.9m411.4k shares
CITADEL ADVISORS LLC Added $18.3m175.5k shares
JANE STREET GROUP, LLC Added $11.4m109.3k shares
Belvedere Trading LLC New $250.2k2.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $16.4m157.2k shares
CITADEL ADVISORS LLC Added $11.5m110.0k shares
JANE STREET GROUP, LLC Added $8.0m76.8k shares
IMC-Chicago, LLC Added $6.6m63.0k shares
GROUP ONE TRADING LLC Reduced $260.6k2.5k shares
Belvedere Trading LLC New $104.3k1.0k 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 Mariner, LLC 0.01% of their portfolio Overland Park, KS 8,704,4688.7m $9.1m $9.1m 0.01% Reduced -3.7m -3,657,448
2 Integrated Wealth Concepts LLC 0.34% of their portfolio WALTHAM, MA 663,610663.6k $69.2m $69.2m 0.34% Added +64.0k +64,000
3 Dale Q Rice Investment Management Ltd 25.91% of their portfolio VANCOUVER, WA 458,314458.3k $47.8m $47.8m 25.91% Added +11.0k +11,035
4 Dedeker Financial LLC 5.08% of their portfolio ST. LOUIS PARK, MN 85,70585.7k $8.9m $8.9m 5.08% Reduced -4.5k -4,520
5 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 81,68181.7k $8.5m $8.5m 0.01% New
6 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 58,18258.2k $6.1m $6.1m 0.02% Reduced -225 -225
7 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 27,08027.1k $2.8m $2.8m 0.00% Added +14.0k +13,973
8 HUB Investment Partners, LLC 0.05% of their portfolio AUSTIN, TX 25,25325.3k $2.6m $2.6m 0.05% Added +33 +33
9 AVAII WEALTH MANAGEMENT, LLC 0.76% of their portfolio APPLETON, WI 24,86424.9k $2.6m $2.6m 0.76% Unchanged
10 Retirement Planning Co of New England, Inc. 0.93% of their portfolio Warwick, RI 24,70724.7k $2.6m $2.6m 0.93% Reduced -24.2k -24,203
11 Simplicity Wealth,LLC 0.07% of their portfolio SUMMIT, NJ 20,82120.8k $2.2m $2.2m 0.07% New
12 Beaton Management Co. Inc. 0.83% of their portfolio HAVERHILL, MA 19,48019.5k $2.0m $2.0m 0.83% Reduced -1.5k -1,500
13 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 16,95317.0k $1.8m $1.8m 0.00% Reduced -4.7k -4,662
14 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 15,23615.2k $1.6m $1.6m 0.00% Reduced -4.6k -4,552
15 Chung Wu Investment Group, LLC 0.99% of their portfolio SUGAR LAND, TX 14,37014.4k $1.5m $1.5m 0.99% Added +410 +410
16 Morse Asset Management, Inc 0.23% of their portfolio DARIEN, CT 13,39713.4k $1.4m $1.4m 0.23% Reduced -4.3k -4,350
17 Client First Investment Management LLC 0.47% of their portfolio West Bend, WI 10,75610.8k $1.1m $1.1m 0.47% New
18 Prime Capital Investment Advisors, LLC 0.01% of their portfolio OVERLAND PARK, KS 10,42610.4k $1.1m $1.1m 0.01% Added +150 +150
19 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 10,41110.4k $1.1m $1.1m 0.00% Added +972 +972
20 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 9,9489.9k $1.0m $1.0m 0.01% Added +2.6k +2,634
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 9,7739.8k $1.0m $1.0m 0.00% Reduced -3.9k -3,852
22 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 9,4219.4k $982.2k $982.2k 0.00% New
23 Valeo Financial Advisors, LLC 0.02% of their portfolio CARMEL, IN 9,2009.2k $959.2k $959.2k 0.02% Unchanged
24 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 8,3478.3k $809.3k $809.3k 0.00% Reduced -467 -467
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 7,3427.3k $719.8k $719.8k 0.00% Reduced -122 -122
26 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 6,9947.0k $729.0k $729.0k 0.00% Reduced -4.8k -4,765
27 Pure Financial Advisors, LLC 0.01% of their portfolio SAN DIEGO, CA 6,8726.9k $716.5k $716.5k 0.01% Unchanged
28 HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 0.04% of their portfolio SINGAPORE, U0 5,6415.6k $588.1k $588.1k 0.04% New
29 SBI Securities Co., Ltd. 0.01% of their portfolio TOKYO, M0 5,4965.5k $573.0k $573.0k 0.01% Added +3.5k +3,497
30 J.E. Simmons & Co., P.C. 0.31% of their portfolio DALLAS, TX 5,3245.3k $555.1k $555.1k 0.31% Unchanged
31 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 5,2805.3k $550.5k $550.5k 0.00% New
32 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 5,0635.1k $527.9k $527.9k 0.00% New
33 Moors & Cabot, Inc. 0.02% of their portfolio BOSTON, MA 4,8614.9k $506.8k $506.8k 0.02% Added +7 +7
34 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 4,7944.8k $499.9k $499.9k 0.01% Reduced -21 -21
35 Rothschild Wealth LLC 0.04% of their portfolio OAK BROOK, IL 4,5004.5k $469.2k $469.2k 0.04% Reduced -100 -100
36 Plotkin Financial Advisors, LLC 0.19% of their portfolio CHEVY CHASE, MD 4,2774.3k $445.9k $445.9k 0.19% Reduced -463 -463
37 TWO SIGMA SECURITIES, LLC 0.04% of their portfolio NEW YORK, NY 4,2114.2k $439.0k $439.0k 0.04% Reduced -4.8k -4,780
38 Concentrum Wealth Management 0.10% of their portfolio SAN JOSE, CA 4,0804.1k $425.4k $425.4k 0.10% Reduced -860 -860
39 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 3,2093.2k $334.5k $334.5k 0.00% New
40 First National Trust Co 0.01% of their portfolio Johnstown, PA 3,1743.2k $330.9k $330.9k 0.01% New
41 Diversify Advisory Services, LLC 0.00% of their portfolio SANDY, UT 3,0713.1k $246.3k $246.3k 0.00% Added +41 +41
42 DIVERSIFY WEALTH MANAGEMENT, LLC 0.00% of their portfolio SANDY, UT 3,0713.1k $246.3k $246.3k 0.00% Reduced -157 -157
43 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 3,0663.1k $319.7k $319.7k 0.00% New
44 Peak Retirement Planning, Inc. 0.04% of their portfolio COLUMBUS, OH 2,6932.7k $280.8k $280.8k 0.04% New
45 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 2,6862.7k $280.0k $280.0k 0.01% Reduced -1.7k -1,709
46 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 2,4832.5k $258.9k $258.9k 0.00% New
47 Keating Financial Advisory Services, Inc. 0.03% of their portfolio MANHATTAN, KS 2,2402.2k $233.5k $233.5k 0.03% Unchanged
48 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 2,1362.1k $222.7k $222.7k 0.00% New
49 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 1,9361.9k $201.8k $201.8k 0.00% Reduced -220 -220
50 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0001.0k $104.3k $104.3k 0.00% Added +290 +290
51 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 962962 $100.3k $100.3k 0.00% Unchanged
52 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 960960 $86.7k $86.7k 0.00% Unchanged
53 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 921921 $96.1k $96.1k 0.00% Added +475 +475
54 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 869869 $90.6k $90.6k 0.00% New
55 BOKF, NA 0.00% of their portfolio TULSA, OK 720720 $75.1k $75.1k 0.00% Unchanged
56 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 624624 $65.1k $65.1k 0.00% Added +15 +15
57 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 519519 $54.1k $54.1k 0.00% Reduced -87.2k -87,192
58 HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio SOUTHFIELD, MI 400400 $42.0k $42.0k 0.00% Unchanged
59 FIDUCIARY FINANCIAL ADVISORS 0.00% of their portfolio GRAND RAPIDS, MI 204204 $21.3k $21.3k 0.00% New
60 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 164164 $17.1k $17.1k 0.00% New
61 Belvedere Trading LLC 0.00% of their portfolio CHICAGO, IL 102102 $10.6k $10.6k 0.00% New
62 Rossby Financial, LCC 0.00% of their portfolio MELBOURNE, FL 7171 $7.4k $7.4k 0.00% Unchanged
63 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 6060 $6.3k $6.3k 0.00% Unchanged
64 Investors Research Corp 0.00% of their portfolio ATLANTA, GA 5757 $5.9k $5.9k 0.00% New
65 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 5050 $5.2k $5.2k 0.00% New
66 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 2020 $2.1k $2.1k 0.00% New
67 UBS Group AG 0.00% of their portfolio ZURICH, V8 77 $730 $730 0.00% New
68 Benson Wealth Management INC 0.00% of their portfolio OOLTEWAH, TN, TN 55 $521 $521 0.00% New
69 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 22 $209 $209 0.00% Unchanged
70 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $123 $123 0.00% Unchanged
71 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 00 $13 $13 0.00% Unchanged