ProShares Ultra Gold
UGL
57 hedge funds and large institutions have $101M invested in ProShares Ultra Gold in 2025 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
194% more call options, than puts
Call options by funds: $89.1M | Put options by funds: $30.3M
24% more funds holding
Funds holding: 46 → 57 (+11)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.33% less ownership
Funds ownership: 11.24% → 9.92% (-1.3%)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
12% less capital inflows, than outflows
Capital inflows: $39.7M | Capital outflows: $45.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
China Universal Asset Management Company
Shanghai,
China
|
+$16.2M |
| 2 |
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 |
Quadrature Capital
London,
United Kingdom
|
-$16.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$15.5M |
| 3 |
Artia Global Partners
Miami,
Florida
|
-$4.99M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$3.72M |
| 5 |
Cassaday & Co Wealth Management
Mclean,
Virginia
|
-$1.5M |
UGL Hedge Fund Activity: Q4 2025 in Review
57 of the 8,307 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Gold (UGL) for Q4 2025, worth a combined $101M — up 8.7% from $92.9M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new UGL positions and 5 closed out — a net gain of 12 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.
- 57 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 8.7% quarter-over-quarter.
- 17 funds opened new ProShares Ultra Gold positions in Q4 2025 and 5 closed out, a net change of +12 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.