ProShares Ultra S&P 500 logo

ProShares Ultra S&P 500

SSOARCA

ProShares Ultra S&P 500 is an exchange-traded fund on ARCA. As of Q3 2025, 236 institutional investors hold shares in this ETF, with total holdings valued at $2.3B. Howard Capital Management Inc. is the largest holder with a position valued at $772.3M.

Overview

Overview of institutional ownership in SSO as of Q3 2025

All Institutions

Institutions
236
Value Held
$2.3B
Shares Held
20.7M
Avg Position
$9.8M
Median Position
$594.1K

Hedge Funds

Hedge Funds
7
Value Held
$4.6M
Shares Held
41.4K
Avg Position
$663.5K
Median Position
$289.6K

Biggest Investors

Institutions with the largest positions in SSO as of Q3 2025

InstitutionPosition Value
$772.3M
10.21% of portfolio
$744.0M
1.60% of portfolio
$68.3M
18.71% of portfolio
$67.1M
21.81% of portfolio
$46.6M
14.93% of portfolio
$46.1M
0.06% of portfolio
$39.9M
17.01% of portfolio
$34.7M
3.74% of portfolio
$32.5M
12.33% of portfolio
$19.2M
0.65% of portfolio

Net Capital Flow

Institutional buying and selling activity for SSO in Q3 2025

Traded
+$313.8M
Buyers
112
Sellers
94
Total Bought
+$908.5M
Total Sold
$594.7M
Avg Position
$8.7M

Biggest Buyers

InstitutionNet Bought
+$743.3M
+6.6M shares
+$42.7M
+382.2K shares
+$32.5M
+289.7K shares
+$11.5M
+102.5K shares
A
+$9.5M
+84.7K shares
T
+$5.8M
+52.8K shares
+$5.7M
+50.6K shares
CWM, LLC logo
CWM, LLC
RIA/Wealth
+$5.6M
+50.0K shares
+$3.5M
+31.1K shares
+$3.3M
+29.6K shares

Biggest Sellers

InstitutionNet Sold
$461.7M
4.7M shares
$23.1M
236.1K shares
$21.2M
189.1K shares
$13.7M
140.5K shares
CITADEL ADVISORS LLC logo
CITADEL ADVISORS LLC
Hedge FundMulti-Strategy
$10.1M
103.3K shares
$8.1M
71.9K shares
$6.6M
59.0K shares
$5.9M
52.6K shares
$4.8M
42.5K shares
$4.1M
42.4K shares

Entry and Exit Activity

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

New Positions
19
New Value
$39.5M
Exited Positions
30
Exited Value
$530.5M

New Positions

InstitutionPosition Value
$32.5M
289.7K shares
$2.0M
17.6K shares
$1.3M
12.0K shares
$791.0K
7.1K shares
$632.6K
5.6K shares
$558.2K
4.9K shares
$457.4K
4.1K shares
$278.3K
5.2K shares
$241.4K
2.2K shares
Quantinno Capital Management LP logo
Quantinno Capital Management LP
Hedge FundMarket Neutral
$224.8K
2.0K shares

Exited Positions

InstitutionPrevious Position
$461.7M
4.7M shares
$23.1M
236.1K shares
$13.7M
140.5K shares
CITADEL ADVISORS LLC logo
CITADEL ADVISORS LLC
Hedge FundMulti-Strategy
$10.1M
103.3K shares
$4.1M
42.4K shares
G
$3.7M
38.2K shares
$3.1M
32.1K shares
$1.9M
19.6K shares
$1.5M
15.1K shares
$1.2M
12.1K shares

Options Activity

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

Call Positions
4
Call Value
$110.2M
Put Positions
5
Put Value
$75.7M

Call Positions

InstitutionPosition Value
CITADEL ADVISORS LLC logo
CITADEL ADVISORS LLC
Hedge FundMulti-Strategy
$46.8M
4.2K contracts
$29.2M
2.6K contracts
$25.0M
2.2K contracts
$9.1M
815.0 contracts

Put Positions

InstitutionPosition Value
$28.5M
2.5K contracts
CITADEL ADVISORS LLC logo
CITADEL ADVISORS LLC
Hedge FundMulti-Strategy
$25.7M
2.3K contracts
$9.5M
854.0 contracts
$8.4M
753.0 contracts
$3.5M
315.0 contracts

Most Committed Institutions

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

InstitutionPortfolio Weight
21.81%
$67.1M
18.71%
$68.3M
17.01%
$39.9M
14.93%
$46.6M
12.33%
$32.5M
10.21%
$772.3M
L
LTG Capital LLC
RIA/Wealth
8.54%
$10.8M
5.26%
$10.2M
4.49%
$5.6M
3.74%
$34.7M

Hedge Fund Spotlight

Discover hedge funds investing in SSO

GABLES CAPITAL MANAGEMENT INC. logo
GABLES CAPITAL MANAGEMENT INC.
Hedge FundLong/Short
Portfolio ManagerJudith Cohen Neiwirth
Portfolio Value
$233.4M
Positions
457
Last Reported
Q3 2025
AddressMiami, FL
Sector Allocation
Technology: 28.00%TechnologyFinancial Services: 10.80%Financial ServicesETF: 10.70%ETFIndustrials: 9.50%IndustrialsHealthcare: 9.00%HealthcareConsumer Cyclical: 8.80%Consumer CyclicalCommunication Services: 6.80%Consumer Defensive: 5.60%Energy: 3.00%Utilities: 2.80%Real Estate: 1.80%Basic Materials: 0.90%
ProShares Ultra S&P 500 logo

Position in ProShares Ultra S&P 500

Market Value
$411.5K
Shares Held
3.7K
Portfolio Weight
0.18%
Owned Since
2018-Q1
Top HoldingSectorMarket ValueWeight
1
Nvidia logo
Nvidia
NVDA
Semiconductors
Technology
$20.6M8.84%
2
Apple logo
Apple
AAPL
Consumer Electronics
Technology
$14.7M6.30%
Software - Infrastructure
Technology
$13.4M5.74%

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