ProShares UltraPro S&P 500
UPRO
140 hedge funds and large institutions have $295M invested in ProShares UltraPro S&P 500 in 2026 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 26 increasing their positions, 40 reducing their positions, and 19 closing their positions.
111% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 19
102% more capital invested
Capital invested by funds: $146M → $295M (+$149M)
61% more call options, than puts
Call options by funds: $356M | Put options by funds: $221M
17% more funds holding
Funds holding: 120 → 140 (+20)
1.74% more ownership
Funds ownership: 3.73% → 5.46% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
35% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$38.7M |
| 2 |
RAM
Revere Asset Management
Dallas,
Texas
|
+$28M |
| 3 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$21.8M |
| 4 |
Millennium Management
New York
|
+$10M |
| 5 |
LA
LM Advisors
San Diego,
California
|
+$3.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$6.76M |
| 2 |
Goldman Sachs
New York
|
-$4.92M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$4.83M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$3.21M |
| 5 |
GSEP
Golden State Equity Partners
South Coast Metro,
California
|
-$2.71M |
UPRO Hedge Fund Activity: Q2 2026 in Review
140 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro S&P 500 (UPRO) for Q2 2026, worth a combined $295M — up 102% from $146M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new UPRO positions and 19 closed out — a net gain of 21 holders — while 26 added to existing stakes and 40 trimmed.
The largest buyer was HRT Financial, opening a new position worth an estimated $38.7M. The largest seller was Tower Research Capital (TRC), cutting an estimated $6.76M.
- 140 institutional investors held ProShares UltraPro S&P 500 (UPRO) as of Q2 2026, up from 120 in Q1 2026.
- Funds reported $295M of ProShares UltraPro S&P 500 stock for Q2 2026, up 102% quarter-over-quarter.
- 40 funds opened new ProShares UltraPro S&P 500 positions in Q2 2026 and 19 closed out, a net change of +21 holders.
- The largest ProShares UltraPro S&P 500 buyer in Q2 2026 was HRT Financial, an estimated $38.7M added.
- The largest ProShares UltraPro S&P 500 seller in Q2 2026 was Tower Research Capital (TRC), an estimated $6.76M sold.
Based on aggregated 13F filings for Q2 2026.