ProShares Hedge Replication ETF
8 hedge funds and large institutions have $9.38M invested in ProShares Hedge Replication ETF in 2025 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
1.61% more ownership
Funds ownership: 37.07% → 38.68% (+1.6%)
3% more capital invested
Capital invested by funds: $9.09M → $9.38M (+$296K)
20% less funds holding
Funds holding: 10 → 8 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$147K |
| 2 |
FFC
Frederick Financial Consultants
Frederick,
Maryland
|
+$73.6K |
| 3 |
FPB
First PREMIER Bank
Sioux Falls,
South Dakota
|
+$58.8K |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$45.1K |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$26.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$224K |
| 2 |
CWM
Comprehensive Wealth Management
Lynnwood,
Washington
|
-$90.6K |
| 3 |
Morgan Stanley
New York
|
-$15.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$4.56K |
HDG Hedge Fund Activity: Q3 2025 in Review
8 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in ProShares Hedge Replication ETF (HDG) for Q3 2025, worth a combined $9.38M — up 3.3% from $9.09M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of HDG and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 5 added.
The largest buyer was Susquehanna International Group, adding an estimated $147K. The largest seller was Financial Advocates Investment Management, exiting entirely with an estimated $224K sold.
- 8 institutional investors held ProShares Hedge Replication ETF (HDG) as of Q3 2025, down from 10 in Q2 2025.
- Funds reported $9.38M of ProShares Hedge Replication ETF stock for Q3 2025, up 3.3% quarter-over-quarter.
- 0 funds opened new ProShares Hedge Replication ETF positions in Q3 2025 and 2 closed out, a net change of -2 holders.
- The largest ProShares Hedge Replication ETF buyer in Q3 2025 was Susquehanna International Group, an estimated $147K added.
- The largest ProShares Hedge Replication ETF seller in Q3 2025 was Financial Advocates Investment Management, an estimated $224K sold.
Based on aggregated 13F filings for Q3 2025.