Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Proshares Tr II (AGQ)

52 + Investors. Track Smart Money conviction in AGQ. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -16
Streak
2Q ▼
Buyers last Q
47%

Smart Money Signals — AGQ

Based on 53 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their AGQ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 70% of 3.0Y peak

70% of all-time peak
53 funds currently hold this stock — 70% of the 3.0-year high of 76 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +18% more funds vs a year ago

fund count last 6Q
+8 new funds entered over the past year (+18% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 47% buying

34 buying38 selling
Last quarter: 38 funds reduced or exited vs 34 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-16 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 21 → 30 → 25 → 9. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
📌

Mixed — 28% long-term, 34% new

■ 28% conviction (2yr+) ■ 38% medium ■ 34% new
Of the 53 current holders: 15 (28%) held >2 years, 20 held 1–2 years, and 18 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💎

Buying through price weakness — shares -26%, value -57%

Value
-57%
Shares
-26%
Last quarter: funds added -26% more shares while total portfolio value only changed -57%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

11 → 21 → 30 → 25 → 9 new funds/Q
New funds entering each quarter: 21 → 30 → 25 → 9. AGQ is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 44% veterans vs 44% newcomers

■ 44% veterans ■ 11% 1-2yr ■ 44% new
Entry-cohort mix of 61 holders: 27 (44%) are 2+ year veterans, 7 entered 1–2 years ago, and 27 (44%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds
8 of 53 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.6
out of 10
Low Exit Risk
Exit risk score 2.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — AGQ

In 2026 Q2, 34 hedge funds were net buyers of AGQ (9 opened a new position, 25 added to an existing one), while 38 reduced or exited (13 trimmed, 25 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 36% of total institutional value in AGQ is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -16 funds (more exits than new entries). Total institutional holders: 53.

Hedge Fund Ownership: AGQ

How many hedge funds hold AGQ — quarterly history vs. share price
Quarterly hedge fund ownership of AGQ vs. share price

Market Analysis: AGQ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AGQ

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

0 top-rated funds 0 high-conviction
Consensus
0.0
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: AGQ
52 + Investors

Track Smart Money conviction in AGQ. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 52 69 -24.64%
13F Shares 4M 6M -26.13%
Total Value $284M $665M -57.26%
New Positions 8 25 -17
Increased Positions 23 13 +10
Closed Positions 25 32 -7
Reduced Positions 11 23 -12
Total Calls 5 5 -
Total Puts 3 3 -
PUT/CALL Ratio 0.6 0.6 Bullish

Statistics: AGQ

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

52 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AGQ. Verified SEC 13F-HR filings.

QUARTER:
Top 25 AGQ holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Genesis Financial Group, LLC 0.92% 20,855 $1.4M
2 TB Alternative Assets Ltd. 0.64% 58,920 $4.0M
3 SLT Holdings LLC 0.54% 12,710 $864K
4 Scientech Research LLC 0.33% 6,048 $411K
5 Pilgrim Partners Asia Pte Ltd 0.16% 5,500 $374K
6 Stilwell Value LLC 0.16% 4,000 $272K
7 RIA Advisory Group LLC 0.09% 6,185 $421K
8 Global View Capital Management LLC 0.09% 6,383 $434K
9 Cadent Capital Advisors, LLC 0.08% 6,000 $408K
10 StoneX Group Inc. 0.06% 14,968 $1.4M
11 Larson Financial Group LLC 0.04% 20,274 $1.4M
12 Bullseye Investment Management, LLC 0.03% 1,018 $69K
13 Csenge Advisory Group 0.03% 11,847 $806K
14 Bison Wealth, LLC 0.03% 4,000 $299K
15 Hollencrest Capital Management 0.02% 4,922 $335K
16 EverSource Wealth Advisors, LLC 0.02% 6,716 $457K
17 Strategic Investment Solutions, Inc. /IL 0.01% 617 $42K
18 Quadrature Capital Ltd 0.01% 16,380 $1.1M
19 Foundations Investment Advisors, LLC 0.01% 12,857 $874K
20 Caitlin John, LLC 0.01% 200 $14K
21 Hrt Financial LP 0.01% 48,690 $3.3M
22 Susquehanna International Group, LLP 0.01% 1,013,400 $68.9M
23 RiverFront Investment Group, LLC 0.00% 5,371 $365K
24 Citadel Advisors LLC 0.00% 616,200 $41.9M
25 Citadel Advisors LLC 0.00% 448,600 $30.5M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Proshares Tr II (AGQ)

What does the Smart Money Trend signal show for AGQ?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their AGQ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for AGQ?

More sellers than buyers — 47% buying: Last quarter: 38 funds reduced or exited vs 34 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for AGQ holders?

Strong quality — 36% AUM from major funds: 8 of 53 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held AGQ?

Mixed — 28% long-term, 34% new: Of the 53 current holders: 15 (28%) held >2 years, 20 held 1–2 years, and 18 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →