ProShares UltraShort Silver
10 hedge funds and large institutions have $10.6M invested in ProShares UltraShort Silver in 2025 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 5 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
127% more capital invested
Capital invested by funds: $4.65M → $10.6M (+$5.91M)
80% more call options, than puts
Call options by funds: $2.6M | Put options by funds: $1.44M
0.13% more ownership
Funds ownership: 0.14% → 0.28% (+0.13%)
17% less funds holding
Funds holding: 12 → 10 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.47M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.32M |
| 3 |
Jane Street
New York
|
+$995K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$938K |
| 5 |
IMC Chicago
Chicago,
Illinois
|
+$628K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$585K |
| 2 |
TSS
Two Sigma Securities
New York
|
-$346K |
| 3 |
SG
StoneX Group
New York
|
-$284K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$245K |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$243K |
ZSL Hedge Fund Activity: Q2 2025 in Review
10 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Silver (ZSL) for Q2 2025, worth a combined $10.6M — up 127% from $4.65M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ZSL and 3 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 6 added.
The largest buyer was Susquehanna International Group, adding an estimated $5.47M. The largest seller was Morgan Stanley, cutting an estimated $585K.
- 10 institutional investors held ProShares UltraShort Silver (ZSL) as of Q2 2025, down from 12 in Q1 2025.
- Funds reported $10.6M of ProShares UltraShort Silver stock for Q2 2025, up 127% quarter-over-quarter.
- 3 funds opened new ProShares UltraShort Silver positions in Q2 2025 and 5 closed out, a net change of -2 holders.
- The largest ProShares UltraShort Silver buyer in Q2 2025 was Susquehanna International Group, an estimated $5.47M added.
- The largest ProShares UltraShort Silver seller in Q2 2025 was Morgan Stanley, an estimated $585K sold.
Based on aggregated 13F filings for Q2 2025.