ProShares UltraPro S&P 500
UPRO
128 hedge funds and large institutions have $561M invested in ProShares UltraPro S&P 500 in 2025 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 37 increasing their positions, 43 reducing their positions, and 11 closing their positions.
127% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 11
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10% more funds holding
Funds holding: 116 → 128 (+12)
0.61% less ownership
Funds ownership: 12.76% → 12.15% (-0.61%)
4% less capital invested
Capital invested by funds: $582M → $561M (-$20.9M)
14% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 43
16% less call options, than puts
Call options by funds: $267M | Put options by funds: $317M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$20.9M |
| 2 |
DT
Diversified Trust
Memphis,
Tennessee
|
+$5.03M |
| 3 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$2.47M |
| 4 |
RCM
Ridgepath Capital Management
Knoxville,
Tennessee
|
+$2.47M |
| 5 |
EMAM
Encompass More Asset Management
Danville,
California
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFM
Potomac Fund Management
Miami,
Florida
|
-$110M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$34.7M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
-$5.27M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.39M |
| 5 |
GS
GTS Securities
Miami,
Florida
|
-$4.38M |
UPRO Hedge Fund Activity: Q3 2025 in Review
128 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro S&P 500 (UPRO) for Q3 2025, worth a combined $561M — down 3.6% from $582M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new UPRO positions and 11 closed out — a net gain of 14 holders — while 37 added to existing stakes and 43 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $20.9M. The largest seller was Potomac Fund Management, cutting an estimated $110M.
- 128 institutional investors held ProShares UltraPro S&P 500 (UPRO) as of Q3 2025, up from 116 in Q2 2025.
- Funds reported $561M of ProShares UltraPro S&P 500 stock for Q3 2025, down 3.6% quarter-over-quarter.
- 25 funds opened new ProShares UltraPro S&P 500 positions in Q3 2025 and 11 closed out, a net change of +14 holders.
- The largest ProShares UltraPro S&P 500 buyer in Q3 2025 was AssetMark Inc, an estimated $20.9M added.
- The largest ProShares UltraPro S&P 500 seller in Q3 2025 was Potomac Fund Management, an estimated $110M sold.
Based on aggregated 13F filings for Q3 2025.