Vault-13

PROSHARES TR II AGQ

ULTRA SILVER NEW · ETP · CUSIP 74347W353

54 institutional holders +9 vs Q2 2025
1,036,6951.0m shares reported held*
$79.0mreported value*
20 new 13 added 11 reduced 10 sold out net bought ≈ $10.4m (+135.8k 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 ≈ $76.24. Options: 7 managers hold calls ($130.5m notional), 7 hold puts ($57.0m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 26Q4 22: 39Q1 23: 33Q2 23: 26Q3 23: 30Q4 23: 32Q1 24: 33Q2 24: 38Q3 24: 43Q4 24: 38Q1 25: 44Q2 25: 45Q3 25: 5454Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202226
Q4 202239
Q1 202333
Q2 202326
Q3 202330
Q4 202332
Q1 202433
Q2 202438
Q3 202443
Q4 202438
Q1 202544
Q2 202545
Q3 202554

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 23: 12 bought or addedQ4 23: 13 cut or sold outQ1 24: 13 bought or addedQ1 24: 16 cut or sold outQ1 24Q2 24: 19 bought or addedQ2 24: 17 cut or sold outQ3 24: 21 bought or addedQ3 24: 17 cut or sold outQ3 24Q4 24: 17 bought or addedQ4 24: 26 cut or sold outQ1 25: 26 bought or addedQ1 25: 21 cut or sold outQ1 25Q2 25: 16 bought or addedQ2 25: 21 cut or sold outQ3 25: 33 bought or addedQ3 25: 21 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20231213
Q1 20241316
Q2 20241917
Q3 20242117
Q4 20241726
Q1 20252621
Q2 20251621
Q3 20253321

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ4 24 calls: $33.8mQ4 24 puts: $25.0mQ4 24P/C 0.74Q1 25 calls: $103.6mQ1 25 puts: $20.6mQ1 25P/C 0.20Q2 25 calls: $74.6mQ2 25 puts: $29.6mQ2 25P/C 0.40Q3 25 calls: $130.5mQ3 25 puts: $57.0mQ3 25P/C 0.44
Numbers
QuarterCallsPutsP/C
Q4 2024$33.8m$25.0m0.74
Q1 2025$103.6m$20.6m0.20
Q2 2025$74.6m$29.6m0.40
Q3 2025$130.5m$57.0m0.44

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +324,925+324.9k
SIMPLEX TRADING, LLC Added +65,986+66.0k
GROUP ONE TRADING LLC Added +55,664+55.7k
Clear Harbor Asset Management, LLC New +26,500+26.5k
WOLVERINE TRADING, LLC New +15,110+15.1k
Integrated Advisors Network LLC New +9,015+9.0k
FLOW TRADERS U.S. LLC New +8,727+8.7k
IEQ CAPITAL, LLC New +8,400+8.4k
Brookstone Capital Management New +6,800+6.8k
Jump Financial, LLC New +6,781+6.8k

Biggest sellers

Quadrature Capital Ltd Sold out -139,449-139.4k
JANE STREET GROUP, LLC Reduced -139,187-139.2k
IMC-Chicago, LLC Reduced -58,413-58.4k
MORGAN STANLEY Reduced -32,192-32.2k
IHT Wealth Management, LLC Sold out -29,197-29.2k
Headlands Technologies LLC Sold out -13,896-13.9k
EverSource Wealth Advisors, LLC Reduced -11,999-12.0k
KEYNOTE FINANCIAL SERVICES LLC Reduced -7,000-7.0k
BNP PARIBAS FINANCIAL MARKETS Reduced -4,722-4.7k
BAROMETER CAPITAL MANAGEMENT INC. Sold out -2,800-2.8k

Biggest calls

CITADEL ADVISORS LLC Added $71.9m943.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $24.5m321.3k shares
WOLVERINE TRADING, LLC New $23.1m300.5k shares
JANE STREET GROUP, LLC Reduced $8.3m109.5k shares
Belvedere Trading LLC Unchanged $1.5m20.0k shares
HAP Trading, LLC First filing $667.6k24.1k shares
Squarepoint Ops LLC Unchanged $480.3k6.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $12.9m169.6k shares
JANE STREET GROUP, LLC Added $12.8m168.1k shares
IMC-Chicago, LLC Reduced $12.4m163.0k shares
CITADEL ADVISORS LLC Added $11.7m153.7k shares
WOLVERINE TRADING, LLC New $4.7m61.5k shares
GROUP ONE TRADING LLC Reduced $1.9m25.2k shares
Squarepoint Ops LLC Unchanged $495.6k6.5k 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.

Insider purchases and sales in Q3 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio BALA CYNWYD, PA 355,760355.8k $27.1m $27.1m 0.04% Added +324.9k +324,925
2 SIMPLEX TRADING, LLC 0.18% of their portfolio CHICAGO, IL 108,381108.4k $8.3m $8.3m 0.18% Added +66.0k +65,986
3 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 105,004105.0k $8.0m $8.0m 0.01% Reduced -139.2k -139,187
4 IMC-Chicago, LLC 0.11% of their portfolio CHICAGO, IL 80,58480.6k $6.1m $6.1m 0.11% Reduced -58.4k -58,413
5 GROUP ONE TRADING LLC 0.13% of their portfolio CHICAGO, IL 58,71158.7k $4.5m $4.5m 0.13% Added +55.7k +55,664
6 Savior LLC 9.80% of their portfolio WELLESLEY HILLS, MA 28,88928.9k $2.2m $2.2m 9.80% Added +1.4k +1,419
7 Beaird Harris Wealth Management, LLC 0.16% of their portfolio DALLAS, TX 28,78328.8k $2.2m $2.2m 0.16% Unchanged
8 Clear Harbor Asset Management, LLC 0.14% of their portfolio Stamford, CT 26,50026.5k $2.0m $2.0m 0.14% New
9 Advisory Alpha, LLC 0.04% of their portfolio HOLLAND, MI 21,16821.2k $1.6m $1.6m 0.04% Added +1.9k +1,938
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 16,81716.8k $1.3m $1.3m 0.00% Reduced -32.2k -32,192
11 WOLVERINE TRADING, LLC 0.02% of their portfolio CHICAGO, IL 15,11015.1k $1.2m $1.2m 0.02% New
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 12,30012.3k $937.8k $937.8k 0.00% Unchanged
13 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 11,47911.5k $875.2k $875.2k 0.00% Added +3.2k +3,158
14 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 10,75010.8k $819.6k $819.6k 0.01% Added +5.8k +5,750
15 SLT Holdings LLC 0.54% of their portfolio SCOTTSDALE, AZ 10,75010.8k $819.6k $819.6k 0.54% Added +5.8k +5,750
16 EverSource Wealth Advisors, LLC 0.03% of their portfolio BIRMINGHAM, AL 9,4519.5k $720.5k $720.5k 0.03% Reduced -12.0k -11,999
17 Integrated Advisors Network LLC 0.03% of their portfolio DALLAS, TX 9,0159.0k $687.3k $687.3k 0.03% New
18 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 8,7278.7k $665.0k $665.0k 0.03% New
19 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 8,4008.4k $640.4k $640.4k 0.00% New
20 SCHNIEDERS CAPITAL MANAGEMENT, LLC. 0.10% of their portfolio PASADENA, CA 8,3338.3k $635.3k $635.3k 0.10% First filing
21 Csenge Advisory Group 0.03% of their portfolio CLEARWATER, FL 7,9267.9k $604.3k $604.3k 0.03% Added +2.8k +2,783
22 KEYNOTE FINANCIAL SERVICES LLC 0.32% of their portfolio VERNON, CT 7,0507.0k $537.5k $537.5k 0.32% Reduced -7.0k -7,000
23 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 6,8006.8k $518.4k $518.4k 0.01% New
24 Jump Financial, LLC 0.01% of their portfolio Chicago, IL 6,7816.8k $517.0k $517.0k 0.01% New
25 RiverFront Investment Group, LLC 0.01% of their portfolio RICHMOND, VA 6,0076.0k $458.0k $458.0k 0.01% Unchanged
26 HOLLENCREST CAPITAL MANAGEMENT 0.02% of their portfolio NEWPORT BEACH, CA 5,9125.9k $450.7k $450.7k 0.02% Added +650 +650
27 180 WEALTH ADVISORS, LLC 0.05% of their portfolio FEDERAL WAY, WA 5,9085.9k $450.4k $450.4k 0.05% Added +278 +278
28 TWO SIGMA SECURITIES, LLC 0.06% of their portfolio NEW YORK, NY 5,6585.7k $431.4k $431.4k 0.06% New
29 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 5,6285.6k $429.1k $429.1k 0.00% Reduced -4.7k -4,722
30 Faithward Advisors, LLC 0.06% of their portfolio LANCASTER, PA 5,1465.1k $392.3k $392.3k 0.06% Reduced -254 -254
31 STILWELL VALUE LLC 0.18% of their portfolio NEW YORK, NY 5,0005.0k $381.2k $381.2k 0.18% New
32 Wealth Management Nebraska 0.04% of their portfolio Norfolk, NE 4,0954.1k $312.2k $312.2k 0.04% New
33 Visionary Wealth Advisors 0.01% of their portfolio O'FALLON, IL 3,9544.0k $301.5k $301.5k 0.01% New
34 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 3,9504.0k $301.1k $301.1k 0.00% New
35 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 3,5053.5k $267.2k $267.2k 0.00% New
36 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3,3973.4k $257.6k $257.6k 0.00% Reduced -823 -823
37 Mariner, LLC 0.00% of their portfolio Overland Park, KS 3,2623.3k $248.7k $248.7k 0.00% New
38 MERITAGE PORTFOLIO MANAGEMENT 0.02% of their portfolio OVERLAND PARK, KS 3,2043.2k $244.3k $244.3k 0.02% Reduced -2.1k -2,136
39 Summit Financial, LLC 0.00% of their portfolio PARSIPPANY, NJ 3,1373.1k $239.2k $239.2k 0.00% New
40 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 1,2801.3k $97.6k $97.6k 0.00% Added +780 +780
41 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,0021.0k $76.4k $76.4k 0.00% Reduced -168 -168
42 CWM, LLC 0.00% of their portfolio OMAHA, NE 700700 $53.0k $53.0k 0.00% Unchanged
43 Optiver Holding B.V. 0.00% of their portfolio AMSTERDAM, P7 500500 $38.1k $38.1k 0.00% Unchanged
44 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 464464 $35.4k $35.4k 0.00% New
45 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 400400 $30.5k $30.5k 0.00% Unchanged
46 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 270270 $20.6k $20.6k 0.00% Added +210 +210
47 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 263263 $20.1k $20.1k 0.00% New
48 MOTCO 0.00% of their portfolio SAN ANTONIO, TX 125125 $9.5k $9.5k 0.00% Unchanged
49 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 125125 $9.5k $9.5k 0.00% New
50 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 108108 $8.2k $8.2k 0.00% Reduced -1 -1
51 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 100100 $7.6k $7.6k 0.00% Unchanged
52 TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio LEESBURG, VA 7777 $5.9k $5.9k 0.00% New
53 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 3030 $2.3k $2.3k 0.00% New
54 Kings Path Partners LLC 0.00% of their portfolio SUGAR LAND, TX 1919 $1.4k $1.4k 0.00% Unchanged