ProShares Ultra Gold
UGL
56 hedge funds and large institutions have $101M invested in ProShares Ultra Gold in 2026 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 6 increasing their positions, 21 reducing their positions, and 18 closing their positions.
57% more call options, than puts
Call options by funds: $46.7M | Put options by funds: $29.7M
11% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 18
2% more funds holding
Funds holding: 55 → 56 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% less capital invested
Capital invested by funds: $101M → $101M (-$21.7K)
0.55% less ownership
Funds ownership: 9.9% → 9.35% (-0.55%)
71% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAA
TB Alternative Assets
Grand Cayman,
Cayman Islands
|
+$48M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$14.8M |
| 3 |
Morgan Stanley
New York
|
+$987K |
| 4 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
+$985K |
| 5 |
NL
NKCFO LLC
Geneva,
Illinois
|
+$963K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGP
Artia Global Partners
Miami,
Florida
|
-$24.5M |
| 2 |
CUAMC
China Universal Asset Management Company
Shanghai,
China
|
-$12.5M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$4.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.4M |
| 5 |
GFG
Genesis Financial Group
Paramus,
New Jersey
|
-$3.23M |
UGL Hedge Fund Activity: Q1 2026 in Review
56 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra Gold (UGL) for Q1 2026, worth a combined $101M — down 0.02% from $101M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new UGL positions and 18 closed out — a net gain of 2 holders — while 6 added to existing stakes and 21 trimmed.
The largest buyer was TB Alternative Assets, opening a new position worth an estimated $48M. The largest seller was Artia Global Partners, exiting entirely with an estimated $24.5M sold.
- 56 institutional investors held ProShares Ultra Gold (UGL) as of Q1 2026, up from 55 in Q4 2025.
- Funds reported $101M of ProShares Ultra Gold stock for Q1 2026, down 0.02% quarter-over-quarter.
- 20 funds opened new ProShares Ultra Gold positions in Q1 2026 and 18 closed out, a net change of +2 holders.
- The largest ProShares Ultra Gold buyer in Q1 2026 was TB Alternative Assets, an estimated $48M added.
- The largest ProShares Ultra Gold seller in Q1 2026 was Artia Global Partners, an estimated $24.5M sold.
Based on aggregated 13F filings for Q1 2026.