ProShares UltraPro Short S&P 500
SPXU
42 hedge funds and large institutions have $121M invested in ProShares UltraPro Short S&P 500 in 2025 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 13 closing their positions.
132% more capital invested
Capital invested by funds: $51.9M → $121M (+$68.6M)
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
81% more call options, than puts
Call options by funds: $49.4M | Put options by funds: $27.3M
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
8% more funds holding
Funds holding: 39 → 42 (+3)
3.03% more ownership
Funds ownership: 2.57% → 5.6% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$22.1M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
+$15.5M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
+$9.46M |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$5.78M |
| 5 |
Jane Street
New York
|
+$5.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$4.74M |
| 2 |
GS
GTS Securities
Miami,
Florida
|
-$4.36M |
| 3 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
-$4.11M |
| 4 |
RCM
Ridgepath Capital Management
Knoxville,
Tennessee
|
-$4.11M |
| 5 |
HT
Headlands Technologies
Chicago,
Illinois
|
-$1.28M |
SPXU Hedge Fund Activity: Q1 2025 in Review
42 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro Short S&P 500 (SPXU) for Q1 2025, worth a combined $121M — up 132% from $51.9M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SPXU positions and 13 closed out — a net gain of 5 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $22.1M. The largest seller was IMC Chicago, exiting entirely with an estimated $4.74M sold.
- 42 institutional investors held ProShares UltraPro Short S&P 500 (SPXU) as of Q1 2025, up from 39 in Q4 2024.
- Funds reported $121M of ProShares UltraPro Short S&P 500 stock for Q1 2025, up 132% quarter-over-quarter.
- 18 funds opened new ProShares UltraPro Short S&P 500 positions in Q1 2025 and 13 closed out, a net change of +5 holders.
- The largest ProShares UltraPro Short S&P 500 buyer in Q1 2025 was Citadel Advisors, an estimated $22.1M added.
- The largest ProShares UltraPro Short S&P 500 seller in Q1 2025 was IMC Chicago, an estimated $4.74M sold.
Based on aggregated 13F filings for Q1 2025.