ProShares Ultra Gold
UGL
55 hedge funds and large institutions have $101M invested in ProShares Ultra Gold in 2025 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
194% more call options, than puts
Call options by funds: $89.1M | Put options by funds: $30.3M
20% more funds holding
Funds holding: 46 → 55 (+9)
9% more capital invested
Capital invested by funds: $92.9M → $101M (+$8.42M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.3% less ownership
Funds ownership: 11.24% → 9.95% (-1.3%)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CUAMC
China Universal Asset Management Company
Shanghai,
China
|
+$16.2M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
+$8.56M |
| 3 |
Jane Street
New York
|
+$2.43M |
| 4 |
Bank of New York Mellon
New York
|
+$1.31M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quadrature Capital
London,
United Kingdom
|
-$16.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$15.5M |
| 3 |
AGP
Artia Global Partners
Miami,
Florida
|
-$4.99M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$3.72M |
| 5 |
CCWM
Cassaday & Co Wealth Management
Mclean,
Virginia
|
-$1.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
UBS Group
Zurich,
Switzerland
| $6.83K | +$6.44K | +123 | New |
|
|
SA
52
Scarborough Advisors
Annapolis,
Maryland
| $5.33K | -$1.05K | -20 | -17% |
|
|
BBHC
53
Brown Brothers Harriman & Co
New York
| $1.11K | – | – | – |
|
|
KPP
54
Kings Path Partners
Sugar Land,
Texas
| $1.05K | -$262 | -5 | -21% |
|
|
CTB
55
Country Trust Bank
Bloomington,
Illinois
| $222 | -$47.3K | -903 | -100% |
|
|
QC
56
Quadrature Capital
London,
United Kingdom
| – | -$16.4M | -356,000 | Closed |
|
|
PWM
57
Partners Wealth Management
Carmel By The Sea,
California
| – | -$464K | -10,083 | Closed |
|
58
Cerity Partners
New York
| – | -$277K | -6,019 | Closed |
|
|
WSFG
59
Wall Street Financial Group
Carlinville,
Illinois
| – | -$236K | -5,124 | Closed |
|
|
NFSG
60
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$6.59K | -143 | Closed |
|
UGL Hedge Fund Activity: Q4 2025 in Review
55 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Gold (UGL) for Q4 2025, worth a combined $101M — up 9.1% from $92.9M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new UGL positions and 5 closed out — a net gain of 10 holders — while 16 added to existing stakes and 18 trimmed.
The largest buyer was China Universal Asset Management Company, adding an estimated $16.2M. The largest seller was Quadrature Capital, exiting entirely with an estimated $16.4M sold.
- 55 institutional investors held ProShares Ultra Gold (UGL) as of Q4 2025, up from 46 in Q3 2025.
- Funds reported $101M of ProShares Ultra Gold stock for Q4 2025, up 9.1% quarter-over-quarter.
- 15 funds opened new ProShares Ultra Gold positions in Q4 2025 and 5 closed out, a net change of +10 holders.
- The largest ProShares Ultra Gold buyer in Q4 2025 was China Universal Asset Management Company, an estimated $16.2M added.
- The largest ProShares Ultra Gold seller in Q4 2025 was Quadrature Capital, an estimated $16.4M sold.
Based on aggregated 13F filings for Q4 2025.