Thomas J. Herzfeld Advisors’s ProShares UltraShort S&P500 SDS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$8.17M	Buy	+108,584	New	+$7.54M	2.78%	9
2025 Q4	–	Sell	-54,351	Closed	-$3.93M	–	120
2025 Q3	$3.93M	Sell	54,351 -28,230	-34%	-$2.21M	1.35%	26
2025 Q2	$6.87M	Buy	82,581 +72,980	+760%	+$7.25M	2.45%	10
2025 Q1	$1.03M	Buy	+9,601	New	+$947K	0.35%	53
2024 Q4	–	Sell	-725	Closed	-$74.8K	–	158
2024 Q3	$74.8K	Buy	+725	New	+$81.6K	0.02%	110
2023 Q2	–	Sell	-31,056	Closed	-$6.21M	–	347
2023 Q1	$6.21M	Buy	+31,056	New	+$6.58M	2.51%	8
2022 Q4	–	Sell	-869	Closed	-$237K	–	330
2022 Q3	$237K	Buy	+869	New	+$197K	0.1%	70
2021 Q1	–	Sell	-2,837	Closed	-$879K	–	377
2020 Q4	$879K	Sell	2,837 -4,819	-63%	-$1.69M	0.41%	58
2020 Q3	$3.17M	Buy	7,656 +281	+4%	+$117K	2.13%	13
2020 Q2	$3.17M	Buy	+7,375	New	+$4.18M	1.56%	14