PROSHARES TR II
ULTRA VIX SHORT · CUSIP 74347Y755
42
institutional holders
+0 vs Q4 2024
3.7m
shares reported held*
$87.7mreported value*
12 new
9 added
12 reduced
13 sold out
net sold ≈ $4.0m (-168.9k 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 ≈ $23.43. Options: 9 managers hold calls ($150.8m notional), 10 hold puts ($139.8m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2024 | 34 |
| Q3 2024 | 35 |
| Q4 2024 | 42 |
| Q1 2025 | 42 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 20 | 16 |
| Q4 2024 | 24 | 17 |
| Q1 2025 | 21 | 25 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $253.4m | $128.7m | 0.51 |
| Q3 2024 | $243.7m | $170.5m | 0.70 |
| Q4 2024 | $203.6m | $125.6m | 0.62 |
| Q1 2025 | $150.8m | $139.8m | 0.93 |
Biggest buyers
| HCEP Management Ltd | New | +582.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +243.8k |
| IMC-Chicago, LLC | Added | +162.1k |
| AI-Squared Management Ltd | New | +141.8k |
| Diametric Capital, LP | New | +112.4k |
| NATIONAL BANK OF CANADA /FI/ | Added | +78.0k |
| JPMORGAN CHASE & CO | New | +66.5k |
| D. E. Shaw & Co., Inc. | Added | +53.1k |
| PRELUDE CAPITAL MANAGEMENT, LLC | New | +47.0k |
| GOLDMAN SACHS GROUP INC | Added | +40.0k |
Biggest sellers
| JANE STREET GROUP, LLC | Reduced | -432.9k |
| CITADEL ADVISORS LLC | Reduced | -408.9k |
| GROUP ONE TRADING LLC | Sold out | -214.5k |
| Hamilton Wealth, LLC | Sold out | -190.5k |
| Jump Financial, LLC | Reduced | -125.1k |
| UBS Group AG | Reduced | -80.4k |
| MORGAN STANLEY | Reduced | -78.6k |
| SG Americas Securities, LLC | Reduced | -54.9k |
| WOLVERINE TRADING, LLC | Sold out | -50.7k |
| SIMPLEX TRADING, LLC | Reduced | -37.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $81.3m3.5m shares |
| CITADEL ADVISORS LLC | Added | $44.9m1.9m shares |
| JANE STREET GROUP, LLC | Reduced | $22.3m951.6k shares |
| Lighthouse Investment Partners, LLC | New | $1.9m80.0k shares |
| Brooklands Fund Management Ltd | Unchanged | $140.6k6.0k shares |
| HORIZON KINETICS ASSET MANAGEMENT LLC | New | $134.4k2.4k shares |
| Belvedere Trading LLC | Reduced | $75.8k16.6k shares |
| HAP Trading, LLC | Added | $67.1k25.4k shares |
| HighTower Advisors, LLC | New | $23.2k16.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $60.9m2.6m shares |
| IMC-Chicago, LLC | Reduced | $25.3m1.1m shares |
| CITADEL ADVISORS LLC | Added | $20.7m883.8k shares |
| GROUP ONE TRADING LLC | Reduced | $19.5m831.1k shares |
| JANE STREET GROUP, LLC | Reduced | $12.2m521.1k shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | New | $1.1m45.0k shares |
| Belvedere Trading LLC | Reduced | $74.3k5.4k shares |
| HAP Trading, LLC | Added | $36.8k46.0k shares |
| HighTower Advisors, LLC | New | $4840.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| HCEP Management Ltd 7.90% of their portfolio | 582.0k $13.6m | New |
| IMC-Chicago, LLC 0.36% of their portfolio | 399.4k $9.4m | Added +162.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 340.2k $8.0m | Added +40.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 319.9k $7.5m | Added +243.8k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 288.9k $6.8m | Reduced -432.9k |
| SG Americas Securities, LLC 0.02% of their portfolio | 215.2k $5.0m | Reduced -54.9k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 207.9k $4.9m | Added +4.0k |
| Jump Financial, LLC 0.06% of their portfolio | 183.2k $4.3m | Reduced -125.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 141.8k $3.3m | Added +11.8k |
| AI-Squared Management Ltd 4.35% of their portfolio | 141.8k $3.3m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 135.8k $3.2m | Reduced -408.9k |
| Diametric Capital, LP 3.13% of their portfolio | 112.4k $2.6m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 107.1k $2.5m | First filing |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 83.6k $2.0m | Added +78.0k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 78.7k $1.8m | Added +53.1k |
| MORGAN STANLEY 0.00% of their portfolio | 67.2k $1.6m | Reduced -78.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 66.5k $1.6m | New |
| FLOW TRADERS U.S. LLC 0.05% of their portfolio | 49.6k $1.2m | Reduced -3.4k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.11% of their portfolio | 47.0k $1.1m | New |
| Belvedere Trading LLC 0.09% of their portfolio | 42.1k $986.0k | Added +39.2k |
| DRW Securities, LLC 0.06% of their portfolio | 29.3k $686.0k | New |
| Tower Research Capital LLC (TRC) 0.02% of their portfolio | 23.0k $539.6k | Reduced -27.3k |
| BESSEMER GROUP INC 0.00% of their portfolio | 20.0k $469.0k | New |
| Brookwood Investment Group LLC 0.08% of their portfolio | 20.0k $468.6k | First filing |
| FNY Investment Advisers, LLC 0.17% of their portfolio | 12.0k $281.0k | Added +5.2k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 10.4k $243.0k | Reduced -37.9k |
| Creative Planning 0.00% of their portfolio | 9.1k $212.7k | New |
| IFP Advisors, Inc 0.00% of their portfolio | 3.0k $70.3k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 2.9k $68.0k | New |
| SJS Investment Consulting Inc. 0.01% of their portfolio | 2.3k $53.4k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 547 $12.8k | New |
| BARCLAYS PLC 0.00% of their portfolio | 283 $6.6k | Reduced -1.0k |
| EQUITEC PROPRIETARY MARKETS, LLC 0.01% of their portfolio | 100 $2.3k | Unchanged |
| Sterling Capital Management LLC 0.00% of their portfolio | 52 $1.2k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 45 $1.1k | New |
| UBS Group AG 0.00% of their portfolio | 21 $492 | Reduced -80.4k |
| Blue Trust, Inc. 0.00% of their portfolio | 19 $445 | Unchanged |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 17 $398 | Reduced -1.4k |
| Cypress Capital Management LLC (WY) 0.00% of their portfolio | 10 $234 | Unchanged |
| MAI Capital Management 0.00% of their portfolio | 8 $188 | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 6 $141 | Reduced -22 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |