PROSHARES TR II
ULTRA VIX SHORT · ETP · CUSIP 74347Y839
67
institutional holders
-1 vs Q3 2022
8.6m
shares reported held*
$59.4mreported value*
22 new
11 added
18 reduced
25 sold out
net sold ≈ $85.3m (-12.4m 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 ≈ $6.87. Options: 11 managers hold calls ($127.6m notional), 11 hold puts ($86.0m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 68 |
| Q4 2022 | 67 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $275.5m | $168.3m | 0.61 |
| Q4 2022 | $127.6m | $86.0m | 0.67 |
Biggest buyers
| IMC-Chicago, LLC | New | +851.9k |
| Relative Value Partners Group, LLC | New | +520.0k |
| NATIONAL BANK OF CANADA /FI/ | New | +473.9k |
| JPMORGAN CHASE & CO | New | +291.4k |
| Marathon Trading Investment Management LLC | Added | +244.7k |
| TWO SIGMA INVESTMENTS, LP | Added | +192.8k |
| CITADEL ADVISORS LLC | Added | +182.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +142.6k |
| Blueprint Investment Partners LLC | New | +130.0k |
| Diametric Capital, LP | New | +122.2k |
Biggest sellers
| HRT FINANCIAL LP | Sold out | -4.3m |
| JANE STREET GROUP, LLC | Reduced | -3.1m |
| D. E. Shaw & Co., Inc. | Sold out | -2.6m |
| Trek Financial, LLC | Sold out | -1.1m |
| Brookstone Capital Management | Sold out | -1.1m |
| UBS Group AG | Reduced | -924.2k |
| Weiss Multi-Strategy Advisers LLC | Reduced | -555.3k |
| Jump Financial, LLC | Reduced | -477.9k |
| Tower Research Capital LLC (TRC) | Reduced | -418.5k |
| SIMPLEX TRADING, LLC | Sold out | -296.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $66.5m9.7m shares |
| UBS Group AG | Reduced | $18.5m2.7m shares |
| CITADEL ADVISORS LLC | Added | $18.0m2.6m shares |
| WOLVERINE TRADING, LLC | Reduced | $15.1m2.2m shares |
| Simplify Asset Management Inc. | Added | $7.4m1.1m shares |
| HORIZON KINETICS ASSET MANAGEMENT LLC | Not comparable | $928.0k46.4k shares |
| Walleye Trading LLC | Added | $618.8k90.2k shares |
| PRELUDE CAPITAL MANAGEMENT, LLC | New | $402.7k58.7k shares |
| Cutler Group LLC / CA | Added | $82.0k239.4k shares |
| HAP Trading, LLC | Reduced | $75.0k173.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $42.1m6.1m shares |
| IMC-Chicago, LLC | Added | $13.2m1.9m shares |
| JANE STREET GROUP, LLC | Reduced | $10.2m1.5m shares |
| CTC LLC | Reduced | $5.7m8.4k shares |
| WOLVERINE TRADING, LLC | Reduced | $5.0m732.0k shares |
| CITADEL ADVISORS LLC | Reduced | $4.9m714.7k shares |
| NATIONAL BANK OF CANADA /FI/ | Reduced | $3.3m4.7k shares |
| Walleye Trading LLC | Added | $868.5k126.6k shares |
| HAP Trading, LLC | Added | $373.0k223.4k shares |
| Cutler Group LLC / CA | Added | $363.0k173.8k 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, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 1.4m $9.6m | Added +192.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 957.2k $6.6m | Added +142.6k |
| IMC-Chicago, LLC 1.28% of their portfolio | 851.9k $5.8m | New |
| Jump Financial, LLC 0.28% of their portfolio | 788.2k $5.4m | Reduced -477.9k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 733.6k $5.0m | Reduced -3.1m |
| Relative Value Partners Group, LLC 0.25% of their portfolio | 520.0k $3.6m | New |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 473.9k $3.3m | New |
| MORGAN STANLEY 0.00% of their portfolio | 379.8k $2.6m | Reduced -24.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 291.4k $2.0m | New |
| Marathon Trading Investment Management LLC 1.21% of their portfolio | 266.4k $1.8m | Added +244.7k |
| CTC LLC 0.05% of their portfolio | 216.2k $1.5m | Added +84.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 212.4k $1.5m | Added +182.2k |
| Weiss Multi-Strategy Advisers LLC 0.03% of their portfolio | 173.7k $1.2m | Reduced -555.3k |
| Tower Research Capital LLC (TRC) 0.04% of their portfolio | 132.3k $908.0k | Reduced -418.5k |
| Blueprint Investment Partners LLC 0.19% of their portfolio | 130.0k $891.8k | New |
| Diametric Capital, LP 0.40% of their portfolio | 122.2k $838.0k | New |
| TWO SIGMA SECURITIES, LLC 0.11% of their portfolio | 115.1k $789.3k | New |
| DRIVE WEALTH MANAGEMENT, LLC 0.34% of their portfolio | 100.0k $686.0k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 89.4k $613.2k | Added +88.4k |
| SeaCrest Wealth Management, LLC 0.06% of their portfolio | 58.3k $399.9k | Reduced -4.8k |
| NEXPOINT ASSET MANAGEMENT, L.P. 0.03% of their portfolio | 55.3k $379.4k | New |
| HAP Trading, LLC 0.06% of their portfolio | 53.7k $368.0k | New |
| Ausdal Financial Partners, Inc. 0.05% of their portfolio | 49.3k $338.1k | Added +236 |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 43.5k $298.6k | New |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 33.8k $232.0k | Reduced -124.0k |
| Larson Financial Group LLC 0.02% of their portfolio | 30.3k $207.6k | Unchanged |
| TRUE Private Wealth Advisors 0.03% of their portfolio | 25.0k $171.6k | New |
| Benedetti & Gucer, Inc. 0.12% of their portfolio | 24.8k $170.0k | Added +1.7k |
| Camarda Financial Advisors, LLC 0.17% of their portfolio | 24.5k $168.2k | Reduced -53.8k |
| BARCLAYS PLC 0.00% of their portfolio | 22.2k $152.2k | First filing |
| FNY Investment Advisers, LLC 0.21% of their portfolio | 21.5k $147.0k | Added +8.0k |
| Mutual Advisors, LLC 0.01% of their portfolio | 20.2k $138.7k | Reduced -45.7k |
| NOVARE CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 20.0k $137.2k | Reduced -35.0k |
| NINE MASTS CAPITAL Ltd 0.04% of their portfolio | 20.0k $137.2k | Unchanged |
| PERSONAL CFO SOLUTIONS, LLC 0.03% of their portfolio | 20.0k $137.2k | Unchanged |
| FLOW TRADERS U.S. LLC 0.01% of their portfolio | 19.0k $130.0k | Reduced -267 |
| B. Riley Wealth Advisors, Inc. 0.00% of their portfolio | 16.5k $113.2k | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 15.5k $106.2k | New |
| Sheaff Brock Investment Advisors, LLC 0.01% of their portfolio | 14.5k $99.7k | New |
| Cutler Group LLC / CA 0.01% of their portfolio | 14.5k $99.0k | Added +11.6k |
| Insight Advisors, LLC/ PA 0.03% of their portfolio | 14.0k $95.2k | New |
| SG Americas Securities, LLC 0.00% of their portfolio | 13.8k $95.0k | Reduced -117.9k |
| Hamilton Wealth, LLC 0.04% of their portfolio | 12.9k $88.3k | New |
| UBS Group AG 0.00% of their portfolio | 11.8k $81.1k | Reduced -924.2k |
| Per Stirling Capital Management, LLC. 0.01% of their portfolio | 11.0k $75.5k | First filing |
| TORONTO DOMINION BANK 0.00% of their portfolio | 10.0k $69.0k | Unchanged |
| Antonetti Capital Management LLC 0.09% of their portfolio | 9.2k $63.4k | Reduced -2.8k |
| EQUITEC PROPRIETARY MARKETS, LLC 0.01% of their portfolio | 3.0k $20.6k | Reduced -100 |
| Lee Financial Co 0.00% of their portfolio | 2.3k $16.1k | Reduced -6.7k |
| IFP Advisors, Inc 0.00% of their portfolio | 1.5k $56.0k | Reduced -11.0k |
| ROMANO BROTHERS AND COMPANY 0.00% of their portfolio | 1.0k $6.9k | New |
| MONEY CONCEPTS CAPITAL CORP 0.00% of their portfolio | 900 $6.2k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 620 $5.0k | Added +385 |
| Cypress Capital Management LLC (WY) 0.00% of their portfolio | 500 $3.4k | Unchanged |
| Kozak & Associates, Inc. 0.00% of their portfolio | 500 $3.0k | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 400 $2.7k | Unchanged |
| Your Advocates Ltd., LLP 0.00% of their portfolio | 150 $1.0k | Unchanged |
| VitalStone Financial, LLC 0.00% of their portfolio | 116 $1.0k | First filing |
| HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio | 100 $686 | New |
| Activest Wealth Management 0.00% of their portfolio | 100 $686 | Unchanged |
| CoreCap Advisors, LLC 0.00% of their portfolio | 87 $597 | Reduced -176.9k |
| CITIGROUP INC 0.00% of their portfolio | 78 $535 | Unchanged |
| MCF Advisors LLC 0.00% of their portfolio | 39 $268 | Unchanged |
| EWG Elevate Inc. 0.00% of their portfolio | 30 $206 | New |
| ICA Group Wealth Management, LLC 0.00% of their portfolio | 5 $25 | New |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 1 $7 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |