ProShares Ultra Gold

UGL • ARCA

ProShares Ultra Gold is a commodity contracts brokers & dealers company on ARCA. As of Q3 2025, 41 institutional investors hold shares in this company, with total holdings valued at $84.3M. Artia Global Partners LP is the largest holder with a position valued at $24.8M.

COMMODITY CONTRACTS BROKERS & DEALERS

Country

United States of America

Overview

Overview of institutional ownership in UGL as of Q3 2025

All Institutions

Institutions: 41
Value Held: $84.3M
Shares Held: 1.8M
Avg Position: $2.1M
Median Position: $415.5K

Hedge Funds

Hedge Funds: 2
Value Held: $38.9M
Shares Held: 845.5K
Avg Position: $19.5M
Median Position: $19.5M

Biggest Investors

Institutions with the largest positions in UGL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
A Artia Global Partners LP Hedge Fund•Long/Short	Onusa Nmn Chantanapongwanij Managing Partner	$24.8M 4.36% of portfolio	0.00% 537.4K shares	Q2 2025 Held for 5 months	$568.3M
Q Quadrature Capital Ltd Institution	-	$16.4M 0.19% of portfolio	0.00% 356.0K shares	Q3 2025 Held for 2 months	$8.5B
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$14.2M 0.01% of portfolio	0.00% 308.1K shares	Q1 2016 Held for 9y 8m	$122.08B
C China Universal Asset Management Co., Ltd. Institution	-	$3.6M 0.30% of portfolio	0.00% 77.8K shares	Q3 2024 Held for 1y 2m	$1.2B
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	-	$3.3M 0.00% of portfolio	0.00% 71.5K shares	Q4 2022 Held for 2y 11m	$67.9B
PMV Capital Advisers, LLC RIA/Wealth	Daniel Ray Snover President	$2.7M 5.22% of portfolio	0.00% 58.4K shares	Q4 2024 Held for 11 months	$51.5M
W WOLVERINE TRADING, LLC Institution	-	$2.1M 0.04% of portfolio	0.00% 47.0K shares	Q1 2025 Held for 8 months	$4.9B
IMC-Chicago, LLC RIA/Wealth	Donald Louis Michael CEO	$2.0M 0.04% of portfolio	0.00% 43.5K shares	Q1 2025 Held for 8 months	$5.6B
B Belvedere Trading LLC Institution	-	$1.9M 0.16% of portfolio	0.00% 42.2K shares	Q2 2025 Held for 5 months	$1.2B
Cassaday & Co Wealth Management LLC RIA/Wealth	Stephan Quinn Cassaday President	$1.5M 0.04% of portfolio	0.00% 33.6K shares	Q4 2022 Held for 2y 11m	$4.3B

Net Capital Flow

Institutional buying and selling activity for UGL in Q3 2025

Traded: +$20.9M
Buyers: 18
Sellers: 21
Total Bought: +$58.4M
Total Sold: −$37.5M
Avg Position: $1.8M

Biggest Buyers

Institution	Net Bought	Current Position
A Artia Global Partners LP Hedge Fund•Long/Short	+$24.8M +537.4K shares	$24.8M 537.4K shares
Q Quadrature Capital Ltd Institution	+$16.4M +356.0K shares	$16.4M 356.0K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$11.0M +238.7K shares	$14.2M 308.1K shares
W WOLVERINE TRADING, LLC Institution	+$2.1M +47.0K shares	$2.1M 47.0K shares
G GROUP ONE TRADING, L.P. Institution	+$770.4K +16.7K shares	$888.9K 19.3K shares
C China Universal Asset Management Co., Ltd. Institution	+$690.9K +15.0K shares	$3.6M 77.8K shares
Global Assets Advisory, LLC RIA/Wealth	+$548.0K +11.9K shares	$548.0K 11.9K shares
Kaizen Financial Strategies RIA/Wealth	+$488.9K +10.2K shares	$488.9K 10.2K shares
P PARTNERS WEALTH MANAGEMENT, LLC Institution	+$374.4K +8.1K shares	$464.4K 10.1K shares
Prosperitas Financial LLC RIA/Wealth	+$360.4K +7.8K shares	$360.4K 7.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
J JANE STREET GROUP, LLC Institution	−$17.0M −491.7K shares	Sold Off 0 shares
IMC-Chicago, LLC RIA/Wealth	−$11.2M −243.2K shares	$2.0M 43.5K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$6.9M −149.8K shares	$3.3M 71.5K shares
E EverSource Wealth Advisors, LLC RIA/Wealth	−$598.7K −13.0K shares	$1.1M 23.0K shares
MORGAN STANLEY RIA/Wealth	−$501.8K −10.9K shares	$415.5K 9.0K shares
Integrated Advisors Network LLC RIA/Wealth	−$284.2K −8.2K shares	Sold Off 0 shares
PMV Capital Advisers, LLC RIA/Wealth	−$185.3K −4.0K shares	$2.7M 58.4K shares
THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. Private Equity	−$141.4K −4.1K shares	Sold Off 0 shares
C CI Private Wealth, LLC RIA/Wealth	−$138.2K −3.0K shares	$322.4K 7.0K shares
Innova Wealth Partners RIA/Wealth	−$131.9K −2.9K shares	$291.3K 6.3K shares

Entry and Exit Activity

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

New Positions: 8
New Value: $42.9M
Exited Positions: 5
Exited Value: $17.5M

New Positions

Institution	Position Value
A Artia Global Partners LP Hedge Fund•Long/Short	$24.8M 537.4K shares
Q Quadrature Capital Ltd Institution	$16.4M 356.0K shares
Global Assets Advisory, LLC RIA/Wealth	$548.0K 11.9K shares
Kaizen Financial Strategies RIA/Wealth	$488.9K 10.2K shares
Prosperitas Financial LLC RIA/Wealth	$360.4K 7.8K shares
HPM Partners LLC RIA/Wealth	$277.2K 6.0K shares
BARCLAYS PLC Institution	$46.1K 1.0K shares
Strategic Advocates LLC RIA/Wealth	$29.3K 636.0 shares

Exited Positions

Institution	Previous Position
J JANE STREET GROUP, LLC Institution	$17.0M 491.7K shares
Integrated Advisors Network LLC RIA/Wealth	$284.2K 8.2K shares
THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. Private Equity	$141.4K 4.1K shares
Farther Finance Advisors, LLC RIA/Wealth	$19.5K 564.0 shares
T Tower Research Capital LLC Institution	$451.0 13.0 shares

Options Activity

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

Call Positions: 6
Call Value: $60.6M
Put Positions: 4
Put Value: $13.8M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$31.0M 6.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$16.1M 3.5K contracts
J JANE STREET GROUP, LLC Institution	$10.5M 2.3K contracts
W WOLVERINE TRADING, LLC Institution	$2.9M 634.0 contracts
B Belvedere Trading LLC Institution	$92.1K 20.0 contracts
A Artia Global Partners LP Hedge Fund•Long/Short	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$5.3M 1.2K contracts
J JANE STREET GROUP, LLC Institution	$4.3M 935.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.7M 807.0 contracts
W WOLVERINE TRADING, LLC Institution	$430.8K 95.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
PMV Capital Advisers, LLC RIA/Wealth	Daniel Ray Snover President	5.22% $2.7M	0.00% 58.4K shares	Q4 2024 Held for 11 months	$51.5M
A Artia Global Partners LP Hedge Fund•Long/Short	Onusa Nmn Chantanapongwanij Managing Partner	4.36% $24.8M	0.00% 537.4K shares	Q2 2025 Held for 5 months	$568.3M
P PARTNERS WEALTH MANAGEMENT, LLC Institution	-	0.46% $464.4K	0.00% 10.1K shares	Q1 2025 Held for 8 months	$100.1M
C China Universal Asset Management Co., Ltd. Institution	-	0.30% $3.6M	0.00% 77.8K shares	Q3 2024 Held for 1y 2m	$1.2B
Kaizen Financial Strategies RIA/Wealth	Laurie Laverne Klein Managing Partner	0.22% $488.9K	0.00% 10.2K shares	Q3 2025 Held for 2 months	$220.7M
Q Quadrature Capital Ltd Institution	-	0.19% $16.4M	0.00% 356.0K shares	Q3 2025 Held for 2 months	$8.5B
Global Assets Advisory, LLC RIA/Wealth	Edward Richard Cofrancesco CEO	0.16% $548.0K	0.00% 11.9K shares	Q3 2025 Held for 2 months	$336.3M
B Belvedere Trading LLC Institution	-	0.16% $1.9M	0.00% 42.2K shares	Q2 2025 Held for 5 months	$1.2B
Innova Wealth Partners RIA/Wealth	Charles Alden Roe Managing Partner	0.16% $291.3K	0.00% 6.3K shares	Q1 2025 Held for 8 months	$183.4M
Hamilton Wealth, LLC RIA/Wealth	George Randy Hamilton Managing Partner	0.16% $739.7K	0.00% 16.1K shares	Q1 2024 Held for 1y 8m	$474.1M

Hedge Fund Spotlight

Discover hedge funds investing in UGL

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in ProShares Ultra Gold

Market Value: $14.2M
Shares Held: 308.1K
Portfolio Weight: 0.01%
Owned Since: 2016-Q1

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