ProShares UltraPro Short S&P 500

SPXU • ARCA

ProShares UltraPro Short S&P 500 is an exchange-traded fund on ARCA. As of Q3 2025, 51 institutional investors hold shares in this ETF, with total holdings valued at $72.4M. IMC-Chicago, LLC is the largest holder with a position valued at $11.7M.

Overview

Overview of institutional ownership in SPXU as of Q3 2025

All Institutions

Institutions: 51
Value Held: $72.4M
Shares Held: 5.4M
Avg Position: $1.4M
Median Position: $216.2K

Hedge Funds

Hedge Funds: 2
Value Held: $807.6K
Shares Held: 59.8K
Avg Position: $403.8K
Median Position: $403.8K

Biggest Investors

Institutions with the largest positions in SPXU as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
IMC-Chicago, LLC RIA/Wealth	Donald Louis Michael CEO	$11.7M 0.21% of portfolio	866.2K shares	Q3 2025 Held for 2 months	$5.6B
Sollinda Capital Management LLC RIA/Wealth	Ryan Anthony Mumy CEO	$9.2M 2.51% of portfolio	679.3K shares	Q3 2025 Held for 2 months	$364.9M
Ridgepath Capital Management LLC RIA/Wealth	Samuel Nathan Pressley Managing Partner	$7.8M 3.33% of portfolio	578.4K shares	Q3 2025 Held for 2 months	$234.3M
AXXCESS WEALTH MANAGEMENT, LLC RIA/Wealth	Michael Loren Seid CEO	$7.8M 0.17% of portfolio	578.4K shares	Q3 2025 Held for 2 months	$4.7B
J Jump Financial, LLC Institution	-	$7.4M 0.10% of portfolio	547.2K shares	Q3 2024 Held for 1y 2m	$7.4B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$4.4M 0.00% of portfolio	322.2K shares	Q1 2025 Held for 8 months	$1.56T
G Gainplan LLC RIA/Wealth	Jeffrey Wilson Ivory Managing Partner	$4.1M 1.72% of portfolio	300.0K shares	Q1 2025 Held for 8 months	$235.7M
T TWO SIGMA SECURITIES, LLC Institution	-	$4.0M 0.59% of portfolio	293.4K shares	Q3 2025 Held for 2 months	$675.6M
S SIMPLEX TRADING, LLC Institution	-	$2.8M 0.07% of portfolio	207.6K shares	Q4 2024 Held for 11 months	$4.1B
T Tower Research Capital LLC Institution	-	$2.2M 0.06% of portfolio	166.3K shares	Q3 2014 Held for 11y 2m	$3.6B

Net Capital Flow

Institutional buying and selling activity for SPXU in Q3 2025

Traded: +$39.3M
Buyers: 37
Sellers: 15
Total Bought: +$61.9M
Total Sold: −$22.7M
Avg Position: $1.2M

Biggest Buyers

Institution	Net Bought	Current Position
IMC-Chicago, LLC RIA/Wealth	+$11.7M +866.2K shares	$11.7M 866.2K shares
Sollinda Capital Management LLC RIA/Wealth	+$9.2M +679.3K shares	$9.2M 679.3K shares
AXXCESS WEALTH MANAGEMENT, LLC RIA/Wealth	+$7.8M +578.4K shares	$7.8M 578.4K shares
Ridgepath Capital Management LLC RIA/Wealth	+$7.8M +578.4K shares	$7.8M 578.4K shares
JPMORGAN CHASE & CO Institution	+$4.3M +320.3K shares	$4.4M 322.2K shares
G Gainplan LLC RIA/Wealth	+$4.1M +300.0K shares	$4.1M 300.0K shares
T TWO SIGMA SECURITIES, LLC Institution	+$4.0M +293.4K shares	$4.0M 293.4K shares
S SIMPLEX TRADING, LLC Institution	+$2.8M +207.6K shares	$2.8M 207.6K shares
T Tower Research Capital LLC Institution	+$1.5M +112.4K shares	$2.2M 166.3K shares
J Jump Financial, LLC Institution	+$1.5M +110.9K shares	$7.4M 547.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
Kovitz Investment Group Partners, LLC RIA/Wealth	−$17.1M −1.0M shares	Sold Off 0 shares
CLOUGH CAPITAL PARTNERS L P Hedge Fund•Long/Short	−$2.0M −119.7K shares	Sold Off 0 shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$1.4M −85.6K shares	Sold Off 0 shares
D DRW Securities, LLC Institution	−$1.1M −66.2K shares	Sold Off 0 shares
BEACON FINANCIAL GROUP RIA/Wealth	−$370.9K −22.1K shares	Sold Off 0 shares
Toroso Investments, LLC ETF Provider	−$218.8K −16.2K shares	$386.0K 28.6K shares
Larson Financial Group LLC RIA/Wealth	−$151.2K −9.0K shares	Sold Off 0 shares
UBS Group AG Institution	−$118.9K −8.8K shares	$893.0K 66.1K shares
Knuff & Co LLC Hedge Fund•Event Driven	−$67.2K −4.0K shares	Sold Off 0 shares
Parallel Advisors, LLC RIA/Wealth	−$14.4K −1.1K shares	$22.9K 1.7K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited SPXU in Q3 2025

New Positions: 7
New Value: $2.3M
Exited Positions: 11
Exited Value: $22.3M

New Positions

Institution	Position Value
X XTX Topco Ltd Institution	$1.2M 87.4K shares
Soltis Investment Advisors LLC RIA/Wealth	$324.2K 24.0K shares
INTL FCSTONE INC. Institution	$241.2K 17.9K shares
PUREfi Wealth, LLC RIA/Wealth	$235.1K 17.4K shares
C Corient IA LLC Fund of Funds	$216.2K 16.0K shares
O Optiver Holding B.V. Institution	$37.9K 2.8K shares
T TD Waterhouse Canada Inc. Institution	$26.7K 2.0K shares

Exited Positions

Institution	Previous Position
Kovitz Investment Group Partners, LLC RIA/Wealth	$17.1M 1.0M shares
CLOUGH CAPITAL PARTNERS L P Hedge Fund•Long/Short	$2.0M 119.7K shares
S Squarepoint Ops LLC Hedge Fund•Quant	$1.4M 85.6K shares
D DRW Securities, LLC Institution	$1.1M 66.2K shares
BEACON FINANCIAL GROUP RIA/Wealth	$370.9K 22.1K shares
Larson Financial Group LLC RIA/Wealth	$151.2K 9.0K shares
Knuff & Co LLC Hedge Fund•Event Driven	$67.2K 4.0K shares
ATTICUS WEALTH MANAGEMENT, LLC RIA/Wealth	$13.4K 800.0 shares
Q Qube Research & Technologies Ltd Institution	$10.5K 625.0 shares
M MACQUARIE GROUP LTD Institution	$1.7K 100.0 shares

Options Activity

Institutions with the largest Call and Put options positions in SPXU as of Q3 2025

Call Positions: 5
Call Value: $20.4M
Put Positions: 6
Put Value: $27.7M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$9.8M 7.2K contracts
W WOLVERINE TRADING, LLC Institution	$4.7M 3.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$4.4M 3.2K contracts
J JANE STREET GROUP, LLC Institution	$1.5M 1.1K contracts
UBS Group AG Institution	$1.4K 1.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$17.9M 13.2K contracts
J JANE STREET GROUP, LLC Institution	$6.0M 4.4K contracts
W WOLVERINE TRADING, LLC Institution	$1.8M 1.3K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.6M 1.2K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$456.6K 338.0 contracts
HighTower Advisors, LLC RIA/Wealth	$7.5K 137.0 contracts

Most Committed Institutions

Institutions with SPXU as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Ridgepath Capital Management LLC RIA/Wealth	Samuel Nathan Pressley Managing Partner	3.33% $7.8M	578.4K shares	Q3 2025 Held for 2 months	$234.3M
Sollinda Capital Management LLC RIA/Wealth	Ryan Anthony Mumy CEO	2.51% $9.2M	679.3K shares	Q3 2025 Held for 2 months	$364.9M
G Gainplan LLC RIA/Wealth	Jeffrey Wilson Ivory Managing Partner	1.72% $4.1M	300.0K shares	Q1 2025 Held for 8 months	$235.7M
T TWO SIGMA SECURITIES, LLC Institution	-	0.59% $4.0M	293.4K shares	Q3 2025 Held for 2 months	$675.6M
IMC-Chicago, LLC RIA/Wealth	Donald Louis Michael CEO	0.21% $11.7M	866.2K shares	Q3 2025 Held for 2 months	$5.6B
Turim 21 Investimentos Ltda. RIA/Wealth	Leonardo Martins Moraes CEO	0.18% $503.5K	37.3K shares	Q3 2025 Held for 2 months	$273.8M
PUREfi Wealth, LLC RIA/Wealth	Paul Michael Simons CEO	0.18% $235.1K	17.4K shares	Q3 2025 Held for 2 months	$129.7M
C Corient IA LLC Fund of Funds	Francisco Tobias Marin CFO	0.17% $216.2K	16.0K shares	Q3 2025 Held for 2 months	$128.0M
AXXCESS WEALTH MANAGEMENT, LLC RIA/Wealth	Michael Loren Seid CEO	0.17% $7.8M	578.4K shares	Q3 2025 Held for 2 months	$4.7B
J Jump Financial, LLC Institution	-	0.10% $7.4M	547.2K shares	Q3 2024 Held for 1y 2m	$7.4B