ProShares On-Demand ETF
OND
7 hedge funds and large institutions have $3.99M invested in ProShares On-Demand ETF in 2025 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 3 closing their positions.
4.52% more ownership
Funds ownership: 60.14% → 64.66% (+4.5%)
8% less capital invested
Capital invested by funds: $4.35M → $3.99M (-$355K)
13% less funds holding
Funds holding: 8 → 7 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$1.09M |
| 2 |
Jane Street
New York
|
+$395K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$704K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$525K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$112K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$55K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFS
1
Sowell Financial Services
North Little Rock,
Arkansas
| $1.85M | +$1.09M | +24,832 | +124% |
|
|
2
Citadel Advisors
Miami,
Florida
| $919K | -$55K | -1,250 | -5% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $702K | -$112K | -2,543 | -13% |
|
|
4
Jane Street
New York
| $369K | +$395K | +8,971 | New |
|
|
IA
5
IFP Advisors
Tampa,
Florida
| $99.8K | +$107K | +2,425 | New |
|
6
UBS Group
Zurich,
Switzerland
| $47.7K | – | – | – |
|
|
AIC
7
Archer Investment Corporation
Carmel,
Indiana
| $6.25K | – | – | – |
|
|
8
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$704K | -14,619 | Closed |
|
|
FTUS
9
Flow Traders U.S.
New York
| – | -$525K | -10,901 | Closed |
|
|
10
Simplex Trading
Chicago,
Illinois
| – | -$6K | -133 | Closed |
|
OND Hedge Fund Activity: Q4 2025 in Review
7 of the 8,224 institutional investors tracked by Wall St. Rank reported a position in ProShares On-Demand ETF (OND) for Q4 2025, worth a combined $3.99M — down 8.2% from $4.35M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of OND and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Sowell Financial Services, adding an estimated $1.09M. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $704K sold.
- 7 institutional investors held ProShares On-Demand ETF (OND) as of Q4 2025, down from 8 in Q3 2025.
- Funds reported $3.99M of ProShares On-Demand ETF stock for Q4 2025, down 8.2% quarter-over-quarter.
- 2 funds opened new ProShares On-Demand ETF positions in Q4 2025 and 3 closed out, a net change of -1 holder.
- The largest ProShares On-Demand ETF buyer in Q4 2025 was Sowell Financial Services, an estimated $1.09M added.
- The largest ProShares On-Demand ETF seller in Q4 2025 was Cambridge Investment Research Advisors, an estimated $704K sold.
Based on aggregated 13F filings for Q4 2025.