ProShares Ultra S&P500
242 hedge funds and large institutions have $2.35B invested in ProShares Ultra S&P500 in 2025 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 65 increasing their positions, 66 reducing their positions, and 31 closing their positions.
526% more capital inflows, than outflows
Capital inflows: $818M | Capital outflows: $131M
66% more call options, than puts
Call options by funds: $178M | Put options by funds: $107M
61% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 31
8.21% more ownership
Funds ownership: 22.54% → 30.76% (+8.2%)
6% more funds holding
Funds holding: 229 → 242 (+13)
0% more funds holding in top 10
Funds holding in top 10: 17 → 17 (0)
2% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$692M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$39.9M |
| 3 |
PDL
Portfolio Design Labs
Encino,
California
|
+$10.7M |
| 4 |
AG
Ascent Group
Virginia Beach,
Virginia
|
+$8.84M |
| 5 |
TA
TFB Advisors
Overland Park,
Kansas
|
+$5.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVM
Robinson Value Management
San Antonio,
Texas
|
-$23.1M |
| 2 |
MFGM
Marshall Financial Group (Maryland)
Hunt Valley,
Maryland
|
-$19.7M |
| 3 |
NIA
NBZ Investment Advisors
Knoxville,
Tennessee
|
-$13.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$10.8M |
| 5 |
HCM
Howard Capital Management
Roswell,
Georgia
|
-$7.51M |
SSO Hedge Fund Activity: Q3 2025 in Review
242 of the 7,647 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra S&P500 (SSO) for Q3 2025, worth a combined $2.35B — up 66% from $1.42B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new SSO positions and 31 closed out — a net gain of 19 holders — while 65 added to existing stakes and 66 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $692M. The largest seller was Robinson Value Management, exiting entirely with an estimated $23.1M sold.
- 242 institutional investors held ProShares Ultra S&P500 (SSO) as of Q3 2025, up from 229 in Q2 2025.
- Funds reported $2.35B of ProShares Ultra S&P500 stock for Q3 2025, up 66% quarter-over-quarter.
- 50 funds opened new ProShares Ultra S&P500 positions in Q3 2025 and 31 closed out, a net change of +19 holders.
- The largest ProShares Ultra S&P500 buyer in Q3 2025 was AssetMark Inc, an estimated $692M added.
- The largest ProShares Ultra S&P500 seller in Q3 2025 was Robinson Value Management, an estimated $23.1M sold.
Based on aggregated 13F filings for Q3 2025.