ProShares Ultra Gold
UGL
42 hedge funds and large institutions have $52.9M invested in ProShares Ultra Gold in 2025 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 11 closing their positions.
420% more call options, than puts
Call options by funds: $51.5M | Put options by funds: $9.9M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.87% less ownership
Funds ownership: 11.5% → 10.63% (-0.87%)
5% less funds holding
Funds holding: 44 → 42 (-2)
18% less capital inflows, than outflows
Capital inflows: $17.4M | Capital outflows: $21.1M
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$8.13M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.42M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.75M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$1.49M |
| 5 |
Belvedere Trading
Chicago,
Illinois
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.66M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.28M |
| 3 |
China Universal Asset Management Company
Shanghai,
China
|
-$1.67M |
| 4 |
Flow Traders U.S.
New York
|
-$1.4M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.03M |
UGL Hedge Fund Activity: Q2 2025 in Review
42 of the 7,624 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Gold (UGL) for Q2 2025, worth a combined $52.9M — down 0.29% from $53M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of UGL and 9 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 10 added.
The largest buyer was Jane Street, adding an estimated $8.13M. The largest seller was Morgan Stanley, cutting an estimated $5.66M.
- 42 institutional investors held ProShares Ultra Gold (UGL) as of Q2 2025, down from 44 in Q1 2025.
- Funds reported $52.9M of ProShares Ultra Gold stock for Q2 2025, down 0.29% quarter-over-quarter.
- 9 funds opened new ProShares Ultra Gold positions in Q2 2025 and 11 closed out, a net change of -2 holders.
- The largest ProShares Ultra Gold buyer in Q2 2025 was Jane Street, an estimated $8.13M added.
- The largest ProShares Ultra Gold seller in Q2 2025 was Morgan Stanley, an estimated $5.66M sold.
Based on aggregated 13F filings for Q2 2025.