ProShares Ultra S&P500
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.
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)
6.95% less ownership
Funds ownership: 24.24% → 17.29% (-6.9%)
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)
83% less capital inflows, than outflows
Capital inflows: $89M | Capital outflows: $509M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Revere Asset Management
Dallas,
Texas
|
+$11.5M |
| 2 |
Client First Investment Management
West Bend,
Wisconsin
|
+$10.5M |
| 3 |
Axxcess Wealth Management
Carlsbad,
California
|
+$10M |
| 4 |
Ridgepath Capital Management
Knoxville,
Tennessee
|
+$8.17M |
| 5 |
Portfolio Design Labs
Encino,
California
|
+$7.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$326M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$27.7M |
| 3 |
Jump Financial
Chicago,
Illinois
|
-$17.9M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$16.3M |
| 5 |
Financial & Tax Architects
St Louis,
Missouri
|
-$14M |
SSO Hedge Fund Activity: Q1 2024 in Review
186 of the 6,966 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.