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ProShares Ultra S&P500

228 hedge funds and large institutions have $1.42B invested in ProShares Ultra S&P500 in 2025 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 75 increasing their positions, 53 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

173% more capital invested

Capital invested by funds: $520M → $1.42B (+$898M)

70% more funds holding in top 10

Funds holding in top 10: 1017 (+7)

69% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 29

68% more call options, than puts

Call options by funds: $132M | Put options by funds: $78.8M

42% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 53

23.36% more ownership

Funds ownership: 21.69%45.05% (+23%)

8% more funds holding

Funds holding: 211228 (+17)

Holders
228
Holders Change
+17
Holders Change %
+8.06%
% of All Funds
3%
Holding in Top 10
17
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+70%
% of All Funds
0.22%
New
49
Increased
75
Reduced
53
Closed
29
Calls
$132M
Puts
$78.8M
Net Calls
+$53.5M
Net Calls Change
+$23.8M
Name Holding Trade Value Shares
Change
Change in
Stake
HCM
1
Howard Capital Management
Georgia
$682M +$588M +13,919,380 New
SCM
2
Sollinda Capital Management
Florida
$65.3M +$54.1M +1,280,124 +2,300%
MSG
3
Main Street Group
Virginia
$56.8M +$1.47M +34,770 +3%
TI
4
TTP Investments
California
$37.2M +$5.1M +120,722 +19%
RCM
5
Ridgepath Capital Management
Tennessee
$34.8M -$2.57M -60,846 -8%
PRS
6
Pinkerton Retirement Specialists
Idaho
$29.7M +$25.7M +607,394 New
RAM
7
Revere Asset Management
Texas
$26.5M +$22.9M +542,686 New
MFGM
8
Marshall Financial Group (Maryland)
Maryland
$24.9M +$6.72M +159,118 +46%
RVM
9
Robinson Value Management
Texas
$23.1M +$19.9M +472,236 New
CIAS
10
Capital Investment Advisory Services
North Carolina
$16.8M +$12.9M +304,810 +796%
HighTower Advisors
11
HighTower Advisors
Illinois
$16.6M +$326K +7,728 +2%
SWM
12
Spire Wealth Management
Virginia
$15.9M +$1.89M +44,842 +16%
AMG
13
Asset Management Group
Connecticut
$14.6M +$52.9K +1,252 +0.4%
AWM
14
Axxcess Wealth Management
California
$14.3M -$6.73M -159,268 -35%
TFA
15
Toth Financial Advisory
Virginia
$14.1M +$393K +9,312 +3%
CFIM
16
Client First Investment Management
Wisconsin
$14M +$12.1M +287,100 New
BCM
17
Brookstone Capital Management
Illinois
$13.7M +$3.08M +72,950 +35%
NIA
18
NBZ Investment Advisors
Tennessee
$13.7M -$17.1K -406 -0.1%
UBS Group
19
UBS Group
Switzerland
$13.1M -$1.25M -29,696 -10%
SP
20
Sherman Porfolios
Idaho
$12.4M +$10.7M +254,450 New
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$12.1M +$9.59M +226,960 +1,068%
KWA
22
Kingswood Wealth Advisors
California
$11.8M +$9.56M +226,240 +1,451%
GVCM
23
Global View Capital Management
Wisconsin
$11.3M +$1.09M +25,700 +13%
Citadel Advisors
24
Citadel Advisors
Florida
$10.1M +$4.11M +97,264 +89%
LC
25
LTG Capital
Massachusetts
$9.49M

SSO Hedge Fund Activity: Q2 2025 in Review

228 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra S&P500 (SSO) for Q2 2025, worth a combined $1.42B — up 173% from $520M a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new SSO positions and 29 closed out — a net gain of 20 holders — while 75 added to existing stakes and 53 trimmed.

The largest buyer was Howard Capital Management, opening a new position worth an estimated $588M. The largest seller was Goldman Sachs, exiting entirely with an estimated $41.5M sold.

  • 228 institutional investors held ProShares Ultra S&P500 (SSO) as of Q2 2025, up from 211 in Q1 2025.
  • Funds reported $1.42B of ProShares Ultra S&P500 stock for Q2 2025, up 173% quarter-over-quarter.
  • 49 funds opened new ProShares Ultra S&P500 positions in Q2 2025 and 29 closed out, a net change of +20 holders.
  • The largest ProShares Ultra S&P500 buyer in Q2 2025 was Howard Capital Management, an estimated $588M added.
  • The largest ProShares Ultra S&P500 seller in Q2 2025 was Goldman Sachs, an estimated $41.5M sold.

Based on aggregated 13F filings for Q2 2025.