ProShares UltraShort Silver
ZSL
14 hedge funds and large institutions have $28.5M invested in ProShares UltraShort Silver in 2026 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 2 closing their positions.
70% more capital invested
Capital invested by funds: $16.7M → $28.5M (+$11.7M)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
13.7% more ownership
Funds ownership: 16.08% → 29.78% (+14%)
2% more call options, than puts
Call options by funds: $16.8M | Put options by funds: $16.6M
0% more funds holding
Funds holding: 14 → 14 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.24M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$1.7M |
| 3 |
SG
StoneX Group
New York
|
+$602K |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$581K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$414K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
-$3.76M |
| 2 |
Jane Street
New York
|
-$1.99M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.55M |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$462K |
| 5 |
JP Morgan Chase
New York
|
-$149K |
ZSL Hedge Fund Activity: Q2 2026 in Review
14 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Silver (ZSL) for Q2 2026, worth a combined $28.5M — up 70% from $16.7M a quarter earlier.
Fund positioning in ZSL was balanced in Q2 2026: 2 funds opened new positions, 2 closed out, 6 added to existing stakes and 4 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $8.24M. The largest seller was Cantor Fitzgerald, cutting an estimated $3.76M.
- 14 institutional investors held ProShares UltraShort Silver (ZSL) as of Q2 2026, unchanged from Q1 2026.
- Funds reported $28.5M of ProShares UltraShort Silver stock for Q2 2026, up 70% quarter-over-quarter.
- 2 funds opened new ProShares UltraShort Silver positions in Q2 2026 and 2 closed out, a net change of 0 holders.
- The largest ProShares UltraShort Silver buyer in Q2 2026 was Susquehanna International Group, an estimated $8.24M added.
- The largest ProShares UltraShort Silver seller in Q2 2026 was Cantor Fitzgerald, an estimated $3.76M sold.
Based on aggregated 13F filings for Q2 2026.