Vault-13

PROSHARES TR UWM

PSHS ULTRUSS2000 · ETP · CUSIP 74347R842

44 institutional holders -12 vs Q2 2025
938,892938.9k shares reported held*
$43.5mreported value*
17 new 9 added 12 reduced 28 sold out net sold ≈ $168.3m (-3.6m 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 ≈ $46.38. Options: 4 managers hold calls ($3.7m notional), 3 hold puts ($1.6m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 42Q4 22: 42Q1 23: 44Q2 23: 44Q3 23: 32Q4 23: 50Q1 24: 37Q2 24: 36Q3 24: 43Q4 24: 69Q1 25: 56Q2 25: 56Q3 25: 4444Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202242
Q4 202242
Q1 202344
Q2 202344
Q3 202332
Q4 202350
Q1 202437
Q2 202436
Q3 202443
Q4 202469
Q1 202556
Q2 202556
Q3 202544

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 23: 34 bought or addedQ4 23: 10 cut or sold outQ1 24: 16 bought or addedQ1 24: 27 cut or sold outQ1 24Q2 24: 14 bought or addedQ2 24: 19 cut or sold outQ3 24: 27 bought or addedQ3 24: 14 cut or sold outQ3 24Q4 24: 44 bought or addedQ4 24: 22 cut or sold outQ1 25: 20 bought or addedQ1 25: 41 cut or sold outQ1 25Q2 25: 25 bought or addedQ2 25: 28 cut or sold outQ3 25: 26 bought or addedQ3 25: 40 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20233410
Q1 20241627
Q2 20241419
Q3 20242714
Q4 20244422
Q1 20252041
Q2 20252528
Q3 20252640

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ4 24 calls: $5.3mQ4 24 puts: $1.7mQ4 24P/C 0.32Q1 25 calls: $1.6mQ1 25 puts: $458.1kQ1 25P/C 0.29Q2 25 calls: $1.8mQ2 25 puts: $263.7kQ2 25P/C 0.15Q3 25 calls: $3.7mQ3 25 puts: $1.6mQ3 25P/C 0.42
Numbers
QuarterCallsPutsP/C
Q4 2024$5.3m$1.7m0.32
Q1 2025$1.6m$458.1k0.29
Q2 2025$1.8m$263.7k0.15
Q3 2025$3.7m$1.6m0.42

Biggest buyers

Client First Investment Management LLC New +108,750+108.8k
Capital Investment Advisory Services, LLC Added +33,800+33.8k
CWM, LLC New +32,882+32.9k
Global View Capital Management LLC New +26,516+26.5k
JANE STREET GROUP, LLC New +13,176+13.2k
INDEPENDENT FINANCIAL GROUP, LLC New +11,918+11.9k
TOTH FINANCIAL ADVISORY CORP Added +11,394+11.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +10,723+10.7k
Atlatl Advisers LLC New +9,880+9.9k
Polymer Capital Management (HK) LTD New +9,000+9.0k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -2,486,880-2.5m
PERSONAL CFO SOLUTIONS, LLC Sold out -322,764-322.8k
Envestnet Portfolio Solutions, Inc. Sold out -251,694-251.7k
PARK AVENUE SECURITIES LLC Sold out -200,268-200.3k
Atria Investments, Inc Sold out -119,768-119.8k
Simplicity Wealth,LLC Reduced -110,592-110.6k
Kestra Advisory Services, LLC Sold out -74,417-74.4k
Cambridge Investment Research Advisors, Inc. Sold out -67,930-67.9k
Prospera Financial Services Inc Sold out -26,477-26.5k
GWN SECURITIES INC. Sold out -26,466-26.5k

Biggest calls

CITADEL ADVISORS LLC Added $2.3m49.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $792.8k17.1k shares
WOLVERINE TRADING, LLC New $462.3k10.0k shares
JANE STREET GROUP, LLC New $204.0k4.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $829.8k17.9k shares
CITADEL ADVISORS LLC New $472.9k10.2k shares
WOLVERINE TRADING, LLC New $249.6k5.4k 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 255,961256.0k $11.9m $11.9m 0.00% Reduced -2.5m -2,486,880
2 Client First Investment Management LLC 2.57% of their portfolio West Bend, WI 108,750108.8k $5.0m $5.0m 2.57% New
3 CROWLEY WEALTH MANAGEMENT, INC. 2.63% of their portfolio WILMINGTON, DE 71,36071.4k $3.3m $3.3m 2.63% Added +2.2k +2,160
4 TOTH FINANCIAL ADVISORY CORP 0.35% of their portfolio LEESBURG, VA 69,52369.5k $3.2m $3.2m 0.35% Added +11.4k +11,394
5 Capital Investment Counsel, Inc 0.29% of their portfolio RALEIGH, NC 51,10251.1k $2.4m $2.4m 0.29% Reduced -2.6k -2,598
6 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 46,09046.1k $2.1m $2.1m 0.00% Added +10.7k +10,723
7 Capital Investment Advisory Services, LLC 0.14% of their portfolio RALEIGH, NC 38,10038.1k $1.8m $1.8m 0.14% Added +33.8k +33,800
8 CWM, LLC 0.00% of their portfolio OMAHA, NE 32,88232.9k $1.5m $1.5m 0.00% New
9 IMC-Chicago, LLC 0.03% of their portfolio CHICAGO, IL 30,97631.0k $1.4m $1.4m 0.03% Reduced -3.6k -3,614
10 Tower Research Capital LLC (TRC) 0.04% of their portfolio NEW YORK, NY 29,03829.0k $1.3m $1.3m 0.04% Reduced -18.0k -17,977
11 Global View Capital Management LLC 0.26% of their portfolio WAUKESHA, WI 26,51626.5k $1.2m $1.2m 0.26% New
12 Integrated Advisors Network LLC 0.04% of their portfolio DALLAS, TX 21,98222.0k $1.0m $1.0m 0.04% Added +8.3k +8,347
13 BARD ASSOCIATES INC 0.22% of their portfolio CHICAGO, IL 17,65017.6k $818.3k $818.3k 0.22% Reduced -310 -310
14 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 13,17613.2k $610.8k $610.8k 0.00% New
15 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 11,91811.9k $552.5k $552.5k 0.01% New
16 Atlatl Advisers LLC 0.18% of their portfolio MADISON, WI 9,8809.9k $458.0k $458.0k 0.18% New
17 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 9,8229.8k $455.3k $455.3k 0.00% Reduced -1.9k -1,858
18 Cassaday & Co Wealth Management LLC 0.01% of their portfolio MCLEAN, VA 9,2889.3k $430.6k $430.6k 0.01% Unchanged
19 Harvest Investment Services, LLC 0.08% of their portfolio Oakbrook Terrace, IL 9,0319.0k $418.7k $418.7k 0.08% Reduced -1.1k -1,088
20 Polymer Capital Management (HK) LTD 0.06% of their portfolio HONG KONG, K3 9,0009.0k $417.2k $417.2k 0.06% New
21 One Wealth Map LLC 0.20% of their portfolio LAS VEGAS, NV 8,0328.0k $374.5k $374.5k 0.20% New
22 Simplicity Wealth,LLC 0.02% of their portfolio SUMMIT, NJ 8,0188.0k $371.7k $371.7k 0.02% Reduced -110.6k -110,592
23 Forefront Analytics, LLC 0.35% of their portfolio WEST CONSHOHOCKEN, PA 7,9457.9k $368.3k $368.3k 0.35% Added +38 +38
24 Forefront Wealth Partners, LLC 0.09% of their portfolio AUSTIN, TX 7,9457.9k $368.3k $368.3k 0.09% New
25 Verdence Capital Advisors LLC 0.02% of their portfolio HUNT VALLEY, MD 6,5036.5k $320.1k $320.1k 0.02% Reduced -525 -525
26 Meridian Wealth Management, LLC 0.01% of their portfolio LEXINGTON, KY 5,1075.1k $236.8k $236.8k 0.01% New
27 Kingsview Wealth Management, LLC 0.00% of their portfolio GRANTS PASS, OR 4,9194.9k $228.0k $228.0k 0.00% New
28 Silverleafe Capital Partners, LLC 0.07% of their portfolio GERMANTOWN, TN 4,8924.9k $226.8k $226.8k 0.07% New
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,5962.6k $120.4k $120.4k 0.00% New
30 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.17% of their portfolio INDIANAPOLIS, IN 1,8131.8k $84.0k $84.0k 0.17% Added +276 +276
31 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 1,6081.6k $74.5k $74.5k 0.00% Added +8 +8
32 HHM Wealth Advisors, LLC 0.01% of their portfolio CHATTANOOGA, TN 1,4001.4k $64.9k $64.9k 0.01% Unchanged
33 North Capital, Inc. 0.04% of their portfolio SALT LAKE CITY, UT 1,2511.3k $58.0k $58.0k 0.04% New
34 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,1171.1k $52.0k $52.0k 0.00% New
35 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 845845 $39.2k $39.2k 0.00% Reduced -25 -25
36 UBS Group AG 0.00% of their portfolio ZURICH, V8 833833 $38.6k $38.6k 0.00% Added +831 +831
37 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 660660 $30.6k $30.6k 0.00% Reduced -800 -800
38 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 400400 $18.5k $18.5k 0.00% New
39 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 400400 $18.5k $18.5k 0.00% New
40 Financial Network Wealth Advisors LLC 0.02% of their portfolio MURRAY, UT 326326 $15.1k $15.1k 0.02% Unchanged
41 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 235235 $11.2k $11.2k 0.00% Unchanged
42 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $46 $46 0.00% Unchanged
43 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $50 $50 0.00% Unchanged
44 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 11 $81 $81 0.00% Reduced -26 -26