Vault-13

PROSHARES TR BITU

ULTRA BITCOIN ET · ETP · CUSIP 74349Y704

37 institutional holders +5 vs Q1 2026
692,904692.9k shares reported held*
$5.7mreported value*
11 new 9 added 5 reduced 7 sold out net bought ≈ $2.3m (+285.6k 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 ≈ $8.20. Options: 5 managers hold calls ($1.9m notional), 3 hold puts ($1.8m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q2 24: 14Q3 24: 16Q4 24: 27Q1 25: 26Q2 25: 28Q3 25: 26Q4 25: 25Q1 26: 32Q2 26: 3737Q2 24Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q2 202414
Q3 202416
Q4 202427
Q1 202526
Q2 202528
Q3 202526
Q4 202525
Q1 202632
Q2 202637

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 9 bought or addedQ3 24: 9 cut or sold outQ4 24: 21 bought or addedQ4 24: 9 cut or sold outQ4 24Q1 25: 15 bought or addedQ1 25: 15 cut or sold outQ2 25: 20 bought or addedQ2 25: 12 cut or sold outQ2 25Q3 25: 18 bought or addedQ3 25: 13 cut or sold outQ4 25: 16 bought or addedQ4 25: 18 cut or sold outQ4 25Q1 26: 22 bought or addedQ1 26: 12 cut or sold outQ2 26: 20 bought or addedQ2 26: 12 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202499
Q4 2024219
Q1 20251515
Q2 20252012
Q3 20251813
Q4 20251618
Q1 20262212
Q2 20262012

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ3 25 calls: $24.6mQ3 25 puts: $12.8mQ3 25P/C 0.52Q4 25 calls: $7.5mQ4 25 puts: $3.8mQ4 25P/C 0.51Q1 26 calls: $3.5mQ1 26 puts: $2.5mQ1 26P/C 0.71Q2 26 calls: $1.9mQ2 26 puts: $1.8mQ2 26P/C 0.98
Numbers
QuarterCallsPutsP/C
Q3 2025$24.6m$12.8m0.52
Q4 2025$7.5m$3.8m0.51
Q1 2026$3.5m$2.5m0.71
Q2 2026$1.9m$1.8m0.98

Biggest buyers

RENAISSANCE TECHNOLOGIES LLC New +170,300+170.3k
Strive Financial Group ,LLC New +45,018+45.0k
Belvedere Trading LLC Added +20,584+20.6k
WEALTHEDGE INVESTMENT ADVISORS, LLC Added +17,364+17.4k
TWO SIGMA SECURITIES, LLC New +14,047+14.0k
SIMPLEX TRADING, LLC Added +12,795+12.8k
StoneX Group Inc. New +12,744+12.7k
SkyOak Wealth, LLC New +11,646+11.6k
Savvy Advisors, Inc. New +10,700+10.7k
LAZARI CAPITAL MANAGEMENT, INC. New +10,000+10.0k

Biggest sellers

Mariner, LLC Sold out -19,362-19.4k
Apollon Wealth Management, LLC Sold out -16,750-16.8k
HRT FINANCIAL LP Sold out -10,960-11.0k
USCF Advisers LLC Reduced -2,900-2.9k
Covestor Ltd Sold out -507-507
IFP Advisors, Inc Sold out -500-500
Tower Research Capital LLC (TRC) Reduced -346-346
Advisory Services Network, LLC Sold out -305-305
CAPTRUST FINANCIAL ADVISORS Reduced -277-277
Ankerstar Wealth, LLC Reduced -129-129

Biggest calls

CITADEL ADVISORS LLC Added $1.1m139.6k shares
JANE STREET GROUP, LLC Reduced $362.2k44.6k shares
IMC-Chicago, LLC Reduced $190.0k23.4k shares
GROUP ONE TRADING LLC Reduced $151.8k18.7k shares
Belvedere Trading LLC Added $41.4k5.1k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $858.3k105.7k shares
JANE STREET GROUP, LLC Added $712.1k87.7k shares
Belvedere Trading LLC Added $276.1k34.0k 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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 170,300170.3k $1.4m $1.4m 0.00% New
2 Turner Financial Group, Inc. 0.63% of their portfolio PACE, FL 77,93477.9k $632.8k $632.8k 0.63% First filing
3 Financial Management Professionals, Inc. 0.05% of their portfolio AUSTIN, TX 64,61964.6k $524.7k $524.7k 0.05% Unchanged
4 EverSource Wealth Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 57,14057.1k $464.0k $464.0k 0.02% Added +1 +1
5 WEALTHEDGE INVESTMENT ADVISORS, LLC 0.12% of their portfolio NEW YORK, NY 45,14945.1k $366.6k $366.6k 0.12% Added +17.4k +17,364
6 Strive Financial Group ,LLC 0.16% of their portfolio CARMEL, IN 45,01845.0k $365.5k $365.5k 0.16% New
7 Belvedere Trading LLC 0.02% of their portfolio CHICAGO, IL 34,80234.8k $282.6k $282.6k 0.02% Added +20.6k +20,584
8 IMC-Chicago, LLC 0.00% of their portfolio CHICAGO, IL 27,69227.7k $224.9k $224.9k 0.00% Added +1.0k +1,014
9 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 20,42920.4k $165.9k $165.9k 0.00% Reduced -277 -277
10 ENTREWEALTH, LLC 0.06% of their portfolio AUSTIN, TX 17,00317.0k $161.2k $161.2k 0.06% Reduced -104 -104
11 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 16,34316.3k $132.7k $132.7k 0.00% Added +12.8k +12,795
12 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 14,04714.0k $114.1k $114.1k 0.01% New
13 StoneX Group Inc. 0.01% of their portfolio NEW YORK, NY 12,74412.7k $133.6k $133.6k 0.01% New
14 USCF Advisers LLC 100.00% of their portfolio Walnut Creek, CA 12,30012.3k $99.9k $99.9k 100.00% Reduced -2.9k -2,900
15 SkyOak Wealth, LLC 0.02% of their portfolio SOUTHFIELD, MI 11,64611.6k $94.6k $94.6k 0.02% New
16 Clear Creek Financial Management, LLC 0.01% of their portfolio SILVERDALE, WA 11,10011.1k $90.1k $90.1k 0.01% Added +905 +905
17 Savvy Advisors, Inc. 0.00% of their portfolio NEW YORK, NY 10,70010.7k $86.9k $86.9k 0.00% New
18 LAZARI CAPITAL MANAGEMENT, INC. 0.03% of their portfolio WOODLAND HILLS, CA 10,00010.0k $81.2k $81.2k 0.03% New
19 Burnham & Co LLC 0.05% of their portfolio GRAND RAPIDS, MI 7,6077.6k $61.8k $61.8k 0.05% First filing
20 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 7,1547.2k $58.1k $58.1k 0.00% New
21 Heritage Wealth Advisors 0.00% of their portfolio RICHMOND, VA 6,0006.0k $48.7k $48.7k 0.00% Unchanged
22 TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio LEESBURG, VA 3,0303.0k $24.6k $24.6k 0.00% Added +309 +309
23 EFG International AG 0.00% of their portfolio Zurich, V8 2,3802.4k $19.3k $19.3k 0.00% Unchanged
24 Morse Asset Management, Inc 0.00% of their portfolio DARIEN, CT 2,2802.3k $18.5k $18.5k 0.00% New
25 HOEY INVESTMENTS, INC 0.00% of their portfolio COATESVILLE, PA 1,5001.5k $12.2k $12.2k 0.00% Unchanged
26 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 940940 $7.6k $7.6k 0.00% Unchanged
27 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 936936 $8.0k $8.0k 0.00% New
28 Planning Strategies Inc. 0.00% of their portfolio LANCASTER, PA 831831 $6.8k $6.8k 0.00% First filing
29 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 532532 $4.3k $4.3k 0.00% Unchanged
30 Lodestone Wealth Management LLC 0.00% of their portfolio SPOKANE, WA 503503 $4.1k $4.1k 0.00% Added +2 +2
31 HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio NEWPORT BEACH, CA 6868 $552 $552 0.00% Added +19 +19
32 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 6565 $528 $528 0.00% Unchanged
33 Gould Capital, LLC 0.00% of their portfolio TACOMA, WA 4040 $325 $325 0.00% Unchanged
34 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 3131 $253 $253 0.00% New
35 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 2626 $211 $211 0.00% Unchanged
36 Ankerstar Wealth, LLC 0.00% of their portfolio LEANDER, TX 1313 $106 $106 0.00% Reduced -129 -129
37 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 22 $16 $16 0.00% Reduced -346 -346