ProShares UltraPro S&P 500
UPRO
95 hedge funds and large institutions have $101M invested in ProShares UltraPro S&P 500 in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
7% more funds holding
Funds holding: 89 → 95 (+6)
0.11% less ownership
Funds ownership: 4.45% → 4.34% (-0.11%)
11% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 28
13% less call options, than puts
Call options by funds: $48.4M | Put options by funds: $55.8M
18% less capital invested
Capital invested by funds: $122M → $101M (-$21.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
+$10.9M |
| 2 |
CA
Cumberland Advisors
Sarasota,
Florida
|
+$10.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.82M |
| 4 |
Corient Private Wealth
Miami,
Florida
|
+$3.03M |
| 5 |
XS
XR Securities
Chicago,
Illinois
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$19.9M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$10.9M |
| 3 |
GS
GTS Securities
Miami,
Florida
|
-$4.78M |
| 4 |
Millennium Management
New York
|
-$2.82M |
| 5 |
Jane Street
New York
|
-$1.8M |
UPRO Hedge Fund Activity: Q3 2023 in Review
95 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro S&P 500 (UPRO) for Q3 2023, worth a combined $101M — down 18% from $122M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new UPRO positions and 10 closed out — a net gain of 7 holders — while 25 added to existing stakes and 28 trimmed.
The largest buyer was Jump Financial, adding an estimated $10.9M. The largest seller was Tidal Investments, exiting entirely with an estimated $19.9M sold.
- 95 institutional investors held ProShares UltraPro S&P 500 (UPRO) as of Q3 2023, up from 89 in Q2 2023.
- Funds reported $101M of ProShares UltraPro S&P 500 stock for Q3 2023, down 18% quarter-over-quarter.
- 17 funds opened new ProShares UltraPro S&P 500 positions in Q3 2023 and 10 closed out, a net change of +7 holders.
- The largest ProShares UltraPro S&P 500 buyer in Q3 2023 was Jump Financial, an estimated $10.9M added.
- The largest ProShares UltraPro S&P 500 seller in Q3 2023 was Tidal Investments, an estimated $19.9M sold.
Based on aggregated 13F filings for Q3 2023.