ProShares UltraPro Short S&P 500
SPXU
48 hedge funds and large institutions have $94.3M invested in ProShares UltraPro Short S&P 500 in 2025 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 12 closing their positions.
156% more capital invested
Capital invested by funds: $36.8M → $94.3M (+$57.5M)
117% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 12
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
33% more funds holding
Funds holding: 36 → 48 (+12)
1.51% more ownership
Funds ownership: 1.8% → 3.31% (+1.5%)
26% less call options, than puts
Call options by funds: $20.4M | Put options by funds: $27.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$13.2M |
| 2 |
SCM
Sollinda Capital Management
Miami,
Florida
|
+$10.4M |
| 3 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$8.84M |
| 4 |
RCM
Ridgepath Capital Management
Knoxville,
Tennessee
|
+$8.84M |
| 5 |
JP Morgan Chase
New York
|
+$4.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$17.1M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$2.01M |
| 3 |
Squarepoint
New York
|
-$1.31M |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$1.11M |
| 5 |
GHA
GW Henssler & Associates
Kennesaw,
Georgia
|
-$810K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
51
Activest Wealth Management
Aventure,
Florida
| $2 | – | – | – |
|
|
52
Kovitz Investment Group Partners
Chicago,
Illinois
| – | -$17.1M | -254,926 | Closed |
|
|
CCP
53
Clough Capital Partners
Boston,
Massachusetts
| – | -$2.01M | -29,925 | Closed |
|
|
54
Squarepoint
New York
| – | -$1.31M | -21,401 | Closed |
|
|
DS
55
DRW Securities
Chicago,
Illinois
| – | -$1.11M | -16,542 | Closed |
|
|
GHA
56
GW Henssler & Associates
Kennesaw,
Georgia
| – | -$810K | -12,046 | Closed |
|
|
BFG
57
Beacon Financial Group
Dallas,
Texas
| – | -$371K | -5,520 | Closed |
|
|
LFG
58
Larson Financial Group
St Louis,
Missouri
| – | -$151K | -2,250 | Closed |
|
|
KC
59
Knuff & Co
Foster City,
California
| – | -$67.2K | -1,000 | Closed |
|
|
AWM
60
Atticus Wealth Management
Palm Beach Gardens,
Florida
| – | -$13.4K | -200 | Closed |
|
61
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$10.5K | -156 | Closed |
|
62
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$1.68K | -25 | Closed |
|
|
CA
63
CoreCap Advisors
Southfield,
Michigan
| – | -$722 | -11 | Closed |
|
SPXU Hedge Fund Activity: Q3 2025 in Review
48 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro Short S&P 500 (SPXU) for Q3 2025, worth a combined $94.3M — up 156% from $36.8M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SPXU positions and 12 closed out — a net gain of 14 holders — while 8 added to existing stakes and 4 trimmed.
The largest buyer was IMC Chicago, opening a new position worth an estimated $13.2M. The largest seller was Kovitz Investment Group Partners, exiting entirely with an estimated $17.1M sold.
- 48 institutional investors held ProShares UltraPro Short S&P 500 (SPXU) as of Q3 2025, up from 36 in Q2 2025.
- Funds reported $94.3M of ProShares UltraPro Short S&P 500 stock for Q3 2025, up 156% quarter-over-quarter.
- 26 funds opened new ProShares UltraPro Short S&P 500 positions in Q3 2025 and 12 closed out, a net change of +14 holders.
- The largest ProShares UltraPro Short S&P 500 buyer in Q3 2025 was IMC Chicago, an estimated $13.2M added.
- The largest ProShares UltraPro Short S&P 500 seller in Q3 2025 was Kovitz Investment Group Partners, an estimated $17.1M sold.
Based on aggregated 13F filings for Q3 2025.