Vault-13

PROSHARES TR NOBL

S&P 500 DV ARIST · ETP · CUSIP 74348A467

712 institutional holders +63 vs Q3 2023
70,811,95470.8m shares reported held*
$6.7bnreported value*
59 new 245 added 258 reduced 39 sold out net bought ≈ $1.4bn (+14.9m 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 ($568.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $95.25. Options: 4 managers hold calls ($6.4m notional), 3 hold puts ($2.1m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 571Q4 22: 633Q1 23: 639Q2 23: 648Q3 23: 649Q4 23: 712712Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022571
Q4 2022633
Q1 2023639
Q2 2023648
Q3 2023649
Q4 2023712

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 329 bought or addedQ4 22: 187 cut or sold outQ4 22Q1 23: 324 bought or addedQ1 23: 234 cut or sold outQ1 23Q2 23: 296 bought or addedQ2 23: 246 cut or sold outQ2 23Q3 23: 316 bought or addedQ3 23: 251 cut or sold outQ3 23Q4 23: 304 bought or addedQ4 23: 297 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022329187
Q1 2023324234
Q2 2023296246
Q3 2023316251
Q4 2023304297

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ1 23 calls: $10.1mQ1 23 puts: $1.6mQ1 23P/C 0.16Q2 23 calls: $11.7mQ2 23 puts: $3.5mQ2 23P/C 0.30Q3 23 calls: $9.0mQ3 23 puts: $2.1mQ3 23P/C 0.23Q4 23 calls: $6.4mQ4 23 puts: $2.1mQ4 23P/C 0.33
Numbers
QuarterCallsPutsP/C
Q1 2023$10.1m$1.6m0.16
Q2 2023$11.7m$3.5m0.30
Q3 2023$9.0m$2.1m0.23
Q4 2023$6.4m$2.1m0.33

Biggest buyers

MORGAN STANLEY Added +12,144,020+12.1m
JPMORGAN CHASE & CO Added +1,457,568+1.5m
NEUBERGER BERMAN GROUP LLC Added +367,999+368.0k
Cerity Partners LLC New +325,470+325.5k
EASTERN BANK New +160,716+160.7k
FIRST MANHATTAN CO. LLC. New +153,463+153.5k
WELLS FARGO & COMPANY/MN Added +126,918+126.9k
YOUSIF CAPITAL MANAGEMENT, LLC Added +126,602+126.6k
UBS Group AG Added +111,042+111.0k
BANK OF AMERICA CORP /DE/ Added +110,981+111.0k

Biggest sellers

OSAIC HOLDINGS, INC. Reduced -264,192-264.2k
KPP Advisory Services LLC Sold out -118,279-118.3k
MML INVESTORS SERVICES, LLC Reduced -96,620-96.6k
Fulton Bank, N.A. Sold out -79,869-79.9k
DAGCO, INC. Sold out -75,650-75.7k
HighTower Advisors, LLC Reduced -70,325-70.3k
Raymond James Financial Services Advisors, Inc. Reduced -70,145-70.1k
MEITAV INVESTMENT HOUSE LTD Reduced -58,652-58.7k
JANE STREET GROUP, LLC Sold out -53,583-53.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -51,669-51.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.6m59.0k shares
CITADEL ADVISORS LLC Reduced $485.5k5.1k shares
WOLVERINE TRADING, LLC Reduced $266.6k2.8k shares
Cutler Group LLC / CA Added $6.0k1.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.8m18.8k shares
CITADEL ADVISORS LLC Reduced $304.6k3.2k shares
Cutler Group LLC / CA Added $01.3k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.10% of their portfolio NEW YORK, NY 24,643,91624.6m $2.3bn $2.3bn 0.10% Added +12.1m +12,144,020
2 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 4,511,5244.5m $429.5m $429.5m 0.05% Added +111.0k +110,981
3 LPL Financial LLC 0.18% of their portfolio FORT MILL, SC 3,050,7893.1m $290.4m $290.4m 0.18% Added +65.2k +65,246
4 UBS Group AG 0.08% of their portfolio ZURICH, V8 2,140,0032.1m $203.7m $203.7m 0.08% Added +111.0k +111,042
5 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 2,059,7422.1m $196.1m $196.1m 0.06% Added +126.9k +126,918
6 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,571,4881.6m $149.6m $149.6m 0.01% Added +1.5m +1,457,568
7 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 1,527,9281.5m $145.5m $145.5m 0.04% Added +3.2k +3,225
8 Raymond James Financial Services Advisors, Inc. 0.23% of their portfolio ST. PETERSBURG, FL 1,498,3221.5m $142.6m $142.6m 0.23% Reduced -70.1k -70,145
9 Cresset Asset Management, LLC 0.78% of their portfolio Chicago, IL 1,357,8531.4m $129.3m $129.3m 0.78% Added +66.4k +66,426
10 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 2.82% of their portfolio MINNEAPOLIS, MN 1,189,2561.2m $113.2m $113.2m 2.82% Added +5.3k +5,334
11 COMMONWEALTH EQUITY SERVICES, LLC 0.20% of their portfolio WALTHAM, MA 1,161,2451.2m $110.6m $110.6m 0.20% Reduced -18.7k -18,748
12 IAM Advisory, LLC 29.06% of their portfolio EASTON, PA 972,029972.0k $92.5m $92.5m 29.06% Added +39.3k +39,317
13 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 832,787832.8k $79.3m $79.3m 0.02% Reduced -14.0k -13,977
14 OSAIC HOLDINGS, INC. 0.13% of their portfolio SCOTTSDALE, AZ 800,575800.6k $76.2m $76.2m 0.13% Reduced -264.2k -264,192
15 Wealthspire Advisors, LLC 1.04% of their portfolio NEW YORK, NY 766,480766.5k $73.0m $73.0m 1.04% Added +99.5k +99,505
16 Cassaday & Co Wealth Management LLC 2.12% of their portfolio MCLEAN, VA 642,611642.6k $61.2m $61.2m 2.12% Added +20.9k +20,922
17 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 593,146593.1k $56.5m $56.5m 0.04% Reduced -13.3k -13,340
18 Janney Montgomery Scott LLC 0.17% of their portfolio PHILADELPHIA, PA 541,792541.8k $51.6m $51.6m 0.17% Added +35.0k +35,006
19 Cambridge Investment Research Advisors, Inc. 0.20% of their portfolio FAIRFIELD, IA 481,004481.0k $45.8m $45.8m 0.20% Reduced -2.3k -2,269
20 Strategic Wealth Investment Group, LLC 6.60% of their portfolio LOUISVILLE, KY 461,489461.5k $43.9m $43.9m 6.60% Added +16.2k +16,212
21 Brookstone Capital Management 0.73% of their portfolio WHEATON, IL 395,485395.5k $37.7m $37.7m 0.73% Added +45.5k +45,498
22 NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio NEW YORK, NY 371,089371.1k $35.3m $35.3m 0.03% Added +368.0k +367,999
23 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 360,046360.0k $34.3m $34.3m 0.01% Reduced -51.7k -51,669
24 ForthRight Wealth Management, LLC 13.05% of their portfolio ALPHARETTA, GA 353,888353.9k $33.7m $33.7m 13.05% Added +8.9k +8,891
25 IFG Advisory, LLC 2.35% of their portfolio ATLANTA, GA 337,540337.5k $32.1m $32.1m 2.35% Added +7.1k +7,093
26 Baird Financial Group, Inc. 0.07% of their portfolio MILWAUKEE, WI 332,178332.2k $31.6m $31.6m 0.07% Added +3.2k +3,213
27 AVANTAX ADVISORY SERVICES, INC. 0.31% of their portfolio DALLAS, TX 328,518328.5k $31.3m $31.3m 0.31% Added +3.4k +3,442
28 Cerity Partners LLC 0.10% of their portfolio NEW YORK, NY 325,470325.5k $31.0m $31.0m 0.10% New
29 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 289,105289.1k $27.5m $27.5m 0.03% Reduced -35.5k -35,464
30 Landmark Wealth Management, LLC 13.46% of their portfolio MELVILLE, NY 287,235287.2k $27.3m $27.3m 13.46% Added +24.2k +24,250
31 HANTZ FINANCIAL SERVICES, INC. 0.57% of their portfolio SOUTHFIELD, MI 276,577276.6k $26.3m $26.3m 0.57% Reduced -51.0k -51,009
32 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 255,065255.1k $24.3m $24.3m 0.04% Added +4.0k +4,048
33 QUEST INVESTMENT MANAGEMENT LLC 2.97% of their portfolio LAKE OSWEGO, OR 248,247248.2k $23.6m $23.6m 2.97% Added +5.3k +5,299
34 Financial Partners Group, Inc 4.14% of their portfolio Overland Park, KS 242,429242.4k $23.1m $23.1m 4.14% Added +9.2k +9,210
35 Rockefeller Capital Management L.P. 0.07% of their portfolio NEW YORK, NY 227,104227.1k $21.6m $21.6m 0.07% Added +19.7k +19,696
36 Summit Financial Wealth Advisors, LLC 4.79% of their portfolio Lafayette, LA 221,579221.6k $21.1m $21.1m 4.79% Reduced -4.7k -4,688
37 Cetera Advisor Networks LLC 0.12% of their portfolio EL SEGUNDO, CA 219,272219.3k $20.9m $20.9m 0.12% Reduced -21.0k -21,006
38 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 218,439218.4k $20.8m $20.8m 0.02% Reduced -42.6k -42,576
39 NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio MONTREAL, A8 204,169204.2k $19.5m $19.5m 0.04% Added +55.1k +55,129
40 Prime Capital Investment Advisors, LLC 0.26% of their portfolio OVERLAND PARK, KS 179,592179.6k $17.1m $17.1m 0.26% Reduced -2.9k -2,863
41 Private Advisor Group, LLC 0.12% of their portfolio MORRISTOWN, NJ 167,512167.5k $15.9m $15.9m 0.12% Added +15.8k +15,782
42 TOTH FINANCIAL ADVISORY CORP 2.16% of their portfolio LEESBURG, VA 167,012167.0k $15.9m $15.9m 2.16% Reduced -3.5k -3,493
43 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 165,063165.1k $15.7m $15.7m 0.03% Reduced -70.3k -70,325
44 EASTERN BANK 0.69% of their portfolio BOSTON, MA 160,716160.7k $15.3m $15.3m 0.69% New
45 Prism Advisors, Inc. 4.85% of their portfolio STUDIO CITY, CA 158,008158.0k $15.0m $15.0m 4.85% Reduced -1.1k -1,118
46 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 156,819156.8k $14.9m $14.9m 0.00% Added +27.7k +27,749
47 FIRST MANHATTAN CO. LLC. 0.05% of their portfolio NEW YORK, NY 153,463153.5k $14.6m $14.6m 0.05% New
48 Essex Financial Services, Inc. 1.49% of their portfolio ESSEX, CT 151,205151.2k $14.4m $14.4m 1.49% Reduced -6.8k -6,753
49 TD Waterhouse Canada Inc. 0.17% of their portfolio TORONTO, A6 148,204148.2k $18.2m $18.2m 0.17% Added +1.0k +1,025
50 SMITH, MOORE & CO. 1.61% of their portfolio CLAYTON, MO 147,544147.5k $13.7m $13.7m 1.61% Reduced -303 -303
51 CFS Investment Advisory Services, LLC 2.50% of their portfolio TOTOWA, NJ 146,015146.0k $13.9m $13.9m 2.50% Added +19.9k +19,898
52 D.A. DAVIDSON & CO. 0.13% of their portfolio GREAT FALLS, MT 144,381144.4k $13.7m $13.7m 0.13% Added +5.1k +5,130
53 Glen Eagle Advisors, LLC 2.75% of their portfolio KINGSTON, NJ 139,206139.2k $13.3m $13.3m 2.75% Reduced -3.8k -3,763
54 Avidian Wealth Enterprises, LLC 0.79% of their portfolio Houston, TX 133,168133.2k $12.7m $12.7m 0.79% Reduced -6.9k -6,920
55 YOUSIF CAPITAL MANAGEMENT, LLC 0.15% of their portfolio BLOOMFIELD HILLS, MI 131,347131.3k $12.5m $12.5m 0.15% Added +126.6k +126,602
56 Centennial Bank/AR/ 7.47% of their portfolio CONWAY, AR 131,335131.3k $12.5m $12.5m 7.47% Added +2.2k +2,225
57 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 128,595128.6k $12.2m $12.2m 0.02% Added +127 +127
58 Equitable Holdings, Inc. 0.15% of their portfolio NEW YORK, NY 127,052127.1k $12.1m $12.1m 0.15% Added +4.7k +4,715
59 COMERICA BANK 0.06% of their portfolio DALLAS, TX 126,788126.8k $12.1m $12.1m 0.06% Added +587 +587
60 Financial & Tax Architects, LLC 3.54% of their portfolio ST LOUIS, MO 125,783125.8k $12.0m $12.0m 3.54% Added +10.7k +10,687
61 Pacific Wealth Strategies Group, Inc. 10.82% of their portfolio SANTA BARBARA, CA 119,143119.1k $11.3m $11.3m 10.82% Added +4.2k +4,169
62 Veltria Advisors Corp. 3.68% of their portfolio MIAMI, FL 115,879115.9k $11.0m $11.0m 3.68% Unchanged
63 Mariner, LLC 0.03% of their portfolio Overland Park, KS 115,050115.0k $11.0m $11.0m 0.03% Reduced -1.8k -1,848
64 Apexium Financial, LP 0.77% of their portfolio Dallas, TX 112,189112.2k $10.7m $10.7m 0.77% Reduced -888 -888
65 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 110,903110.9k $10.6m $10.6m 0.05% Reduced -96.6k -96,620
66 Proquility Private Wealth Partners, LLC 3.97% of their portfolio LAS VEGAS, NV 109,954110.0k $10.5m $10.5m 3.97% Added +97.7k +97,735
67 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 107,949107.9k $10.3m $10.3m 0.03% Reduced -3.4k -3,422
68 OPPENHEIMER & CO INC 0.19% of their portfolio NEW YORK, NY 107,557107.6k $10.2m $10.2m 0.19% Reduced -2.4k -2,351
69 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 107,200107.2k $10.2m $10.2m 0.01% Added +45.7k +45,700
70 Kestra Advisory Services, LLC 0.08% of their portfolio AUSTIN, TX 106,670106.7k $10.2m $10.2m 0.08% Added +3.2k +3,248
71 SMITH SHELLNUT WILSON LLC /ADV 5.78% of their portfolio Ridgeland, MS 105,803105.8k $10.1m $10.1m 5.78% Reduced -11.5k -11,461
72 Kraft, Davis & Associates, LLC 2.96% of their portfolio St. Louis, MO 104,198104.2k $9.9m $9.9m 2.96% Reduced -1.6k -1,561
73 Coston, McIsaac & Partners 3.36% of their portfolio BAR HARBOR, ME 101,479101.5k $9.7m $9.7m 3.36% Added +1.3k +1,314
74 Cetera Investment Advisers 0.08% of their portfolio SCHAUMBURG, IL 99,49299.5k $9.5m $9.5m 0.08% Reduced -10.9k -10,902
75 Ted Buchan & Co 6.89% of their portfolio San Diego, CA 99,40299.4k $9.5m $9.5m 6.89% Reduced -1.1k -1,098
76 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 99,15399.2k $9.4m $9.4m 0.01% Added +20.0k +20,046
77 Koshinski Asset Management, Inc. 1.40% of their portfolio DECATUR, IL 97,01297.0k $9.2m $9.2m 1.40% Added +11.7k +11,709
78 First Personal Financial Services 2.25% of their portfolio CHARLOTTE, NC 96,97397.0k $9.2m $9.2m 2.25% Reduced -1.3k -1,255
79 Atria Wealth Solutions, Inc. 0.11% of their portfolio NEW YORK, NY 95,69295.7k $9.1m $9.1m 0.11% Added +13.3k +13,324
80 Legacy Private Trust Co. 0.72% of their portfolio NEENAH, WI 95,62795.6k $9.1m $9.1m 0.72% Reduced -2.0k -2,035
81 TAP Consulting, LLC 2.15% of their portfolio KIRKWOOD, MO 94,63894.6k $9.0m $9.0m 2.15% Added +40.8k +40,836
82 Sanchez Wealth Management Group 3.28% of their portfolio JACKSONVILLE, FL 94,60594.6k $9.0m $9.0m 3.28% Added +645 +645
83 InterOcean Capital Group, LLC 0.24% of their portfolio NASHVILLE, TN 94,12594.1k $9.0m $9.0m 0.24% Reduced -6.7k -6,690
84 HOLLENCREST CAPITAL MANAGEMENT 0.84% of their portfolio NEWPORT BEACH, CA 92,82592.8k $8.8m $8.8m 0.84% New
85 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 92,22892.2k $8.8m $8.8m 0.01% New
86 NewEdge Advisors, LLC 0.08% of their portfolio NEW ORLEANS, LA 88,94388.9k $8.4m $8.4m 0.08% Reduced -27.1k -27,093
87 Grayhawk Investment Strategies Inc. 4.31% of their portfolio Calgary, A0 87,96188.0k $8.4m $8.4m 4.31% Reduced -6.9k -6,900
88 BENJAMIN F. EDWARDS & COMPANY, INC. 0.17% of their portfolio ST. LOUIS, MO 86,83386.8k $8.3m $8.3m 0.17% Reduced -3.9k -3,925
89 MYCIO WEALTH PARTNERS, LLC 2.29% of their portfolio PHILADELPHIA, PA 85,52185.5k $8.1m $8.1m 2.29% Added +1.0k +1,012
90 Cetera Advisors LLC 0.11% of their portfolio DENVER, CO 83,38583.4k $7.9m $7.9m 0.11% Added +4.1k +4,125
91 Apollon Financial, LLC 3.10% of their portfolio MOUNT PLEASANT, SC 82,76282.8k $7.9m $7.9m 3.10% First filing
92 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 80,83980.8k $7.7m $7.7m 0.01% Reduced -340 -340
93 Newman Dignan & Sheerar, Inc. 2.29% of their portfolio PROVIDENCE, RI 79,53779.5k $7.6m $7.6m 2.29% Added +3.1k +3,085
94 Spire Wealth Management 0.24% of their portfolio MCLEAN, VA 77,29577.3k $7.3m $7.3m 0.24% Added +6.8k +6,826
95 Cypress Capital, LLC 2.05% of their portfolio FRANKLIN, TN 75,67975.7k $7.2m $7.2m 2.05% Reduced -3.2k -3,210
96 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 74,43274.4k $7.1m $7.1m 0.01% Reduced -701 -701
97 THOROUGHBRED FINANCIAL SERVICES, LLC 0.57% of their portfolio BRENTWOOD, TN 74,23674.2k $7.1m $7.1m 0.57% Reduced -3.1k -3,051
98 Mowery & Schoenfeld Wealth Management, LLC 14.19% of their portfolio LINCOLNSHIRE, IL 73,78373.8k $7.0m $7.0m 14.19% First filing
99 Allen Capital Group, LLC 1.15% of their portfolio GRAND ISLAND, NE 73,29973.3k $7.0m $7.0m 1.15% Reduced -1.1k -1,085
100 Connecticut Wealth Management, LLC 0.40% of their portfolio FARMINGTON, CT 72,72472.7k $6.9m $6.9m 0.40% Reduced -1.6k -1,610