ProShares Ultra 20+ Year Treasury
UBT
11 hedge funds and large institutions have $1.67M invested in ProShares Ultra 20+ Year Treasury in 2026 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0% more funds holding
Funds holding: 11 → 11 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
2.54% less ownership
Funds ownership: 4.44% → 1.9% (-2.5%)
58% less capital invested
Capital invested by funds: $3.95M → $1.67M (-$2.28M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCA
PMV Capital Advisers
Dallas,
Texas
|
+$248K |
| 2 |
CICI
Capital Investment Counsel Inc
Raleigh,
North Carolina
|
+$101K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$14.6K |
| 4 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$5.25K |
| 5 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$219 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.89M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$462K |
| 3 |
IWP
Innova Wealth Partners
Newtown,
Pennsylvania
|
-$265K |
| 4 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
-$3.71K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCA
1
PMV Capital Advisers
Dallas,
Texas
| $1.02M | +$248K | +14,692 | +31% |
|
|
2
Citadel Advisors
Miami,
Florida
| $321K | -$462K | -27,400 | -58% |
|
|
CICI
3
Capital Investment Counsel Inc
Raleigh,
North Carolina
| $245K | +$101K | +6,000 | +67% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $75K | +$14.6K | +867 | +23% |
|
|
AAP
5
Arax Advisory Partners
Denver,
Colorado
| $5.06K | +$5.25K | +311 | New |
|
|
FDCDDQ
6
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $4.08K | – | – | – |
|
|
AWM
7
AE Wealth Management
Topeka,
Kansas
| $2.74K | – | – | – |
|
|
TFA
8
Toth Financial Advisory
Leesburg,
Virginia
| $1.99K | -$3.71K | -220 | -64% |
|
9
Qube Research & Technologies (QRT)
London,
United Kingdom
| $1.86K | – | – | – |
|
|
AAS
10
Ameritas Advisory Services
Lincoln,
Nebraska
| $211 | +$219 | +13 | New |
|
11
Morgan Stanley
New York
| $33 | – | – | – |
|
|
12
Jane Street
New York
| – | -$1.89M | -114,182 | Closed |
|
|
IWP
13
Innova Wealth Partners
Newtown,
Pennsylvania
| – | -$265K | -16,038 | Closed |
|
UBT Hedge Fund Activity: Q1 2026 in Review
11 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra 20+ Year Treasury (UBT) for Q1 2026, worth a combined $1.67M — down 58% from $3.95M a quarter earlier.
Fund positioning in UBT was balanced in Q1 2026: 2 funds opened new positions, 2 closed out, 3 added to existing stakes and 2 trimmed.
The largest buyer was PMV Capital Advisers, adding an estimated $248K. The largest seller was Jane Street, exiting entirely with an estimated $1.89M sold.
- 11 institutional investors held ProShares Ultra 20+ Year Treasury (UBT) as of Q1 2026, unchanged from Q4 2025.
- Funds reported $1.67M of ProShares Ultra 20+ Year Treasury stock for Q1 2026, down 58% quarter-over-quarter.
- 2 funds opened new ProShares Ultra 20+ Year Treasury positions in Q1 2026 and 2 closed out, a net change of 0 holders.
- The largest ProShares Ultra 20+ Year Treasury buyer in Q1 2026 was PMV Capital Advisers, an estimated $248K added.
- The largest ProShares Ultra 20+ Year Treasury seller in Q1 2026 was Jane Street, an estimated $1.89M sold.
Based on aggregated 13F filings for Q1 2026.