ProShares UltraShort Silver
14 hedge funds and large institutions have $16.7M invested in ProShares UltraShort Silver in 2026 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 14 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
16.08% more ownership
Funds ownership: 0% → 16.08% (+16%)
11% more call options, than puts
Call options by funds: $16.1M | Put options by funds: $14.5M
33% less capital invested
Capital invested by funds: $25.1M → $16.7M (-$8.35M)
33% less funds holding
Funds holding: 21 → 14 (-7)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
+$5.64M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$2.71M |
| 3 |
MWM
Moulton Wealth Management
Spokane,
Washington
|
+$1.07M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$802K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$618K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LJAC
L.J. Altfest & Co
New York
|
-$2.58M |
| 2 |
Jane Street
New York
|
-$1.82M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.23M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
-$998K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$721K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
LPL Financial
San Diego,
California
| – | -$53.4K | -1,000 | Closed |
|
|
S
27
SignatureFD
Atlanta,
Georgia
| – | -$2.14K | -40 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$1.87K | -35 | Closed |
|
29
UBS Group
Zurich,
Switzerland
| – | -$5 | – | – |
|
ZSL Hedge Fund Activity: Q1 2026 in Review
14 of the 8,127 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Silver (ZSL) for Q1 2026, worth a combined $16.7M — down 33% from $25.1M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ZSL and 7 opened new positions — a net loss of 7 holders — while 1 trimmed existing stakes and 6 added.
The largest buyer was Cantor Fitzgerald, opening a new position worth an estimated $5.64M. The largest seller was L.J. Altfest & Co, exiting entirely with an estimated $2.58M sold.
- 14 institutional investors held ProShares UltraShort Silver (ZSL) as of Q1 2026, down from 21 in Q4 2025.
- Funds reported $16.7M of ProShares UltraShort Silver stock for Q1 2026, down 33% quarter-over-quarter.
- 7 funds opened new ProShares UltraShort Silver positions in Q1 2026 and 14 closed out, a net change of -7 holders.
- The largest ProShares UltraShort Silver buyer in Q1 2026 was Cantor Fitzgerald, an estimated $5.64M added.
- The largest ProShares UltraShort Silver seller in Q1 2026 was L.J. Altfest & Co, an estimated $2.58M sold.
Based on aggregated 13F filings for Q1 2026.