ProShares Ultra Russell2000

UWM • ARCA

ProShares Ultra Russell2000 is an exchange-traded fund on ARCA. As of Q3 2025, 43 institutional investors hold shares in this ETF, with total holdings valued at $43.0M. ENVESTNET ASSET MANAGEMENT INC is the largest holder with a position valued at $11.9M.

Overview

Overview of institutional ownership in UWM as of Q3 2025

All Institutions

Institutions: 43
Value Held: $43.0M
Shares Held: 927.0K
Avg Position: $999.9K
Median Position: $368.3K

Hedge Funds

Hedge Funds: 1
Value Held: $417.2K
Shares Held: 9.0K
Avg Position: $417.2K
Median Position: $417.2K

Biggest Investors

Institutions with the largest positions in UWM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$11.9M 0.00% of portfolio	256.0K shares	≤ Q2 2013 Held for 12y 5m+	$341.99B
Client First Investment Management LLC RIA/Wealth	Paul Zarling Managing Partner	$5.0M 2.60% of portfolio	108.8K shares	Q3 2025 Held for 2 months	$193.8M
C CROWLEY WEALTH MANAGEMENT, INC. RIA/Wealth	Robert Alfanso Crowley President	$3.3M 2.64% of portfolio	71.4K shares	Q4 2024 Held for 11 months	$125.4M
TOTH FINANCIAL ADVISORY CORP RIA/Wealth	Kenneth Jackson Bowen CEO	$3.2M 0.35% of portfolio	69.5K shares	Q3 2020 Held for 5y 2m	$925.7M
Capital Investment Counsel, Inc RIA/Wealth	William Harold Eddins President	$2.4M 0.29% of portfolio	51.1K shares	≤ Q2 2013 Held for 12y 5m+	$820.9M
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	-	$2.1M 0.00% of portfolio	46.1K shares	≤ Q2 2013 Held for 12y 5m+	$67.9B
Capital Investment Advisory Services, LLC RIA/Wealth	Richard King Bryant President	$1.8M 0.14% of portfolio	38.1K shares	Q4 2023 Held for 1y 11m	$1.3B
CWM, LLC RIA/Wealth	George Burton White CEO	$1.5M 0.00% of portfolio	32.9K shares	Q3 2025 Held for 2 months	$31.5B
IMC-Chicago, LLC RIA/Wealth	Donald Louis Michael CEO	$1.4M 0.03% of portfolio	31.0K shares	Q4 2023 Held for 1y 11m	$5.6B
T Tower Research Capital LLC Institution	-	$1.3M 0.04% of portfolio	29.0K shares	Q3 2015 Held for 10y 2m	$3.6B

Net Capital Flow

Institutional buying and selling activity for UWM in Q3 2025

Traded: −$151.1M
Buyers: 27
Sellers: 37
Total Bought: +$14.5M
Total Sold: −$165.6M
Avg Position: $614.2K

Biggest Buyers

Institution	Net Bought	Current Position
Client First Investment Management LLC RIA/Wealth	+$5.0M +108.8K shares	$5.0M 108.8K shares
Capital Investment Advisory Services, LLC RIA/Wealth	+$1.6M +33.8K shares	$1.8M 38.1K shares
CWM, LLC RIA/Wealth	+$1.5M +32.9K shares	$1.5M 32.9K shares
Global View Capital Management LLC RIA/Wealth	+$1.2M +26.5K shares	$1.2M 26.5K shares
J JANE STREET GROUP, LLC Institution	+$610.8K +13.2K shares	$610.8K 13.2K shares
TOTH FINANCIAL ADVISORY CORP RIA/Wealth	+$528.2K +11.4K shares	$3.2M 69.5K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$497.1K +10.7K shares	$2.1M 46.1K shares
Fedenia Advisers LLC RIA/Wealth	+$458.0K +9.9K shares	$458.0K 9.9K shares
P Polymer Capital Management LTD Hedge Fund•Multi-Strategy	+$417.2K +9.0K shares	$417.2K 9.0K shares
Integrated Advisors Network LLC RIA/Wealth	+$387.0K +8.3K shares	$1.0M 22.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$115.3M −2.5M shares	$11.9M 256.0K shares
P PERSONAL CFO SOLUTIONS, LLC RIA/Wealth	−$12.2M −322.8K shares	Sold Off 0 shares
Envestnet Portfolio Solutions, Inc. Long Only Manager	−$9.5M −251.7K shares	Sold Off 0 shares
PARK AVENUE SECURITIES LLC RIA/Wealth	−$7.5M −200.3K shares	Sold Off 0 shares
A ATRIA INVESTMENTS LLC Institution	−$4.5M −119.8K shares	Sold Off 0 shares
Kestra Advisory Services, LLC RIA/Wealth	−$2.8M −74.4K shares	Sold Off 0 shares
Cambridge Investment Research Advisors, Inc. RIA/Wealth	−$2.6M −67.9K shares	Sold Off 0 shares
Prospera Financial Services RIA/Wealth	−$997.4K −26.5K shares	Sold Off 0 shares
GWN SECURITIES INC. RIA/Wealth	−$997.1K −26.5K shares	Sold Off 0 shares
G GTS SECURITIES LLC Institution	−$983.4K −26.1K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 3
New Value: $843.6K
Exited Positions: 27
Exited Value: $49.0M

New Positions

Institution	Position Value
P Polymer Capital Management LTD Hedge Fund•Multi-Strategy	$417.2K 9.0K shares
Forefront Wealth Partners, LLC RIA/Wealth	$368.3K 7.9K shares
North Capital, Inc. RIA/Wealth	$58.0K 1.3K shares

Exited Positions

Institution	Previous Position
P PERSONAL CFO SOLUTIONS, LLC RIA/Wealth	$12.2M 322.8K shares
Envestnet Portfolio Solutions, Inc. Long Only Manager	$9.5M 251.7K shares
PARK AVENUE SECURITIES LLC RIA/Wealth	$7.5M 200.3K shares
A ATRIA INVESTMENTS LLC Institution	$4.5M 119.8K shares
Kestra Advisory Services, LLC RIA/Wealth	$2.8M 74.4K shares
Cambridge Investment Research Advisors, Inc. RIA/Wealth	$2.6M 67.9K shares
Prospera Financial Services RIA/Wealth	$997.4K 26.5K shares
GWN SECURITIES INC. RIA/Wealth	$997.1K 26.5K shares
G GTS SECURITIES LLC Institution	$983.4K 26.1K shares
AXXCESS WEALTH MANAGEMENT, LLC RIA/Wealth	$918.6K 24.4K shares

Options Activity

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

Call Positions: 4
Call Value: $3.7M
Put Positions: 3
Put Value: $1.6M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.3M 490.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$792.8K 171.0 contracts
W WOLVERINE TRADING, LLC Institution	$462.3K 100.0 contracts
J JANE STREET GROUP, LLC Institution	$204.0K 44.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$829.8K 179.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$472.9K 102.0 contracts
W WOLVERINE TRADING, LLC Institution	$249.6K 54.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
C CROWLEY WEALTH MANAGEMENT, INC. RIA/Wealth	Robert Alfanso Crowley President	2.64% $3.3M	71.4K shares	Q4 2024 Held for 11 months	$125.4M
Client First Investment Management LLC RIA/Wealth	Paul Zarling Managing Partner	2.60% $5.0M	108.8K shares	Q3 2025 Held for 2 months	$193.8M
Forefront Analytics, LLC RIA/Wealth	Christopher Charles Geczy CEO	0.35% $368.3K	7.9K shares	Q4 2017 Held for 7y 11m	$103.8M
TOTH FINANCIAL ADVISORY CORP RIA/Wealth	Kenneth Jackson Bowen CEO	0.35% $3.2M	69.5K shares	Q3 2020 Held for 5y 2m	$925.7M
Global View Capital Management LLC RIA/Wealth	Dina Louise Fliss President	0.32% $1.2M	26.5K shares	Q3 2025 Held for 2 months	$379.4M
Capital Investment Counsel, Inc RIA/Wealth	William Harold Eddins President	0.29% $2.4M	51.1K shares	≤ Q2 2013 Held for 12y 5m+	$820.9M
BARD ASSOCIATES INC RIA/Wealth	Timothy Bard Johnson Founder	0.22% $818.3K	17.7K shares	Q1 2016 Held for 9y 8m	$376.6M
H H&H Retirement Design & Management INC RIA/Wealth	Andrew Joseph Kathol President	0.20% $374.5K	8.0K shares	Q3 2025 Held for 2 months	$188.1M
Fedenia Advisers LLC RIA/Wealth	Ross Alexander Fedenia CEO	0.19% $458.0K	9.9K shares	Q4 2024 Held for 11 months	$242.5M
THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. Private Equity	Patrick James Haynes Iii Founder	0.17% $84.0K	1.8K shares	Q3 2024 Held for 1y 2m	$49.6M

Hedge Fund Spotlight

Discover hedge funds investing in UWM

Polymer Capital Management LTD

Hedge Fund • Multi-Strategy

Portfolio ManagerEric Jay Kemnitz

Portfolio Value: $721.2M
Positions: 243
Last Reported: Q3 2025

Sector Allocation

Position in ProShares Ultra Russell2000

Market Value: $417.2K
Shares Held: 9.0K
Portfolio Weight: 0.06%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$38.4M	5.32%
2 Eli Lilly LLY	Drug Manufacturers - General Healthcare	$36.6M	5.07%
3 Alphabet Inc. GOOG	Internet Content & Information Communication Services	$25.9M	3.59%