We are live on ! Find out more
SSO icon

ProShares Ultra S&P500
SSO

186 hedge funds and large institutions have $800M invested in ProShares Ultra S&P500 in 2024 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 43 increasing their positions, 61 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more call options, than puts

Call options by funds: $127M | Put options by funds: $71.9M

6% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 32

3% less funds holding

Funds holding: 192 → 186 (-6)

13.95% less ownership

Funds ownership: 48.53% → 34.58% (-14%)

25% less capital invested

Capital invested by funds: $1.07B → $800M (-$267M)

30% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 61

31% less funds holding in top 10

Funds holding in top 10: 16 → 11 (-5)

Holders
186
Holders Change
-6
Holders Change %
-3.13%
% of All Funds
2.68%
Holding in Top 10
11
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-31.25%
% of All Funds
0.16%
New
30
Increased
43
Reduced
61
Closed
32
Calls
$127M
Puts
$71.9M
Net Calls
+$55.4M
Net Calls Change
-$7.13M

Top Buyers

1
RAM
Revere Asset Management
Texas
+$11.5M
2
CFIM
Client First Investment Management
Wisconsin
+$10.5M
3
AWM
Axxcess Wealth Management
California
+$10M
4
RCM
Ridgepath Capital Management
Tennessee
+$8.17M
5
PDL
Portfolio Design Labs
California
+$7.23M

Top Sellers

1
AssetMark Inc
AssetMark Inc
California
-$326M
2
Osaic Holdings
Osaic Holdings
Arizona
-$27.7M
3
JF
Jump Financial
Illinois
-$17.9M
4
IMC Chicago
IMC Chicago
Illinois
-$16.3M
5
FTA
Financial & Tax Architects
Missouri
-$14M
Name Holding Trade Value Shares
Change 		Change in
Stake
RJFSA
201
Raymond James Financial Services Advisors
Florida
– -$1.32M -40,454 Closed
MWM
202
Meridian Wealth Management
Kentucky
– -$1.13M -34,632 Closed
TPA
203
Trivium Point Advisory
Connecticut
– -$558K -17,158 Closed
EFG
204
Embree Financial Group
Illinois
– -$455K -14,000 Closed
XS
205
XR Securities
Illinois
– -$444K -13,634 Closed
QT
206
Quantbot Technologies
New York
– -$393K -12,082 Closed
PWM
207
Prosperity Wealth Management
California
– -$330K -10,154 Closed
CAPTRUST Financial Advisors
208
CAPTRUST Financial Advisors
North Carolina
– -$309K -9,494 Closed
KWM
209
Kingsview Wealth Management
Oregon
– -$276K -8,480 Closed
CA
210
Continuum Advisory
Idaho
– -$213K -6,500 Closed
RFA
211
Resurgent Financial Advisors
Georgia
– -$48.2K -1,482 Closed
Northwestern Mutual Wealth Management
212
Northwestern Mutual Wealth Management
Wisconsin
– -$39K -1,200 Closed
TVAMP
213
Tennessee Valley Asset Management Partners
Tennessee
– -$26.3K -808 Closed
NFSG
214
Newbridge Financial Services Group
Florida
– -$6.83K -210 Closed
TWM
215
Tradition Wealth Management
Minnesota
– -$7K -200 Closed
TCM
216
Tradewinds Capital Management
Washington
– -$5.34K -164 Closed
Bank of America
217
Bank of America
North Carolina
– -$260 -8 Closed
BNP Paribas Financial Markets
218
BNP Paribas Financial Markets
France
– -$65 -2 Closed
5 6 7 8
9

SSO Hedge Fund Activity: Q1 2024 in Review

186 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra S&P500 (SSO) for Q1 2024, worth a combined $800M — down 25% from $1.07B a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of SSO and 30 opened new positions — a net loss of 2 holders — while 61 trimmed existing stakes and 43 added.

The largest buyer was Revere Asset Management, adding an estimated $11.5M. The largest seller was AssetMark Inc, cutting an estimated $326M.

  • 186 institutional investors held ProShares Ultra S&P500 (SSO) as of Q1 2024, down from 192 in Q4 2023.
  • Funds reported $800M of ProShares Ultra S&P500 stock for Q1 2024, down 25% quarter-over-quarter.
  • 30 funds opened new ProShares Ultra S&P500 positions in Q1 2024 and 32 closed out, a net change of -2 holders.
  • The largest ProShares Ultra S&P500 buyer in Q1 2024 was Revere Asset Management, an estimated $11.5M added.
  • The largest ProShares Ultra S&P500 seller in Q1 2024 was AssetMark Inc, an estimated $326M sold.

Based on aggregated 13F filings for Q1 2024.