Proshares Tr (BITU): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Proshares Tr (BITU) following the 2026 Q1 hedge fund 13F filings?

As of today, BITU has moved -45.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.5% for the SPY sector ETF — an outperformance of -45.4%. Since the quarter end (March 31, 2026), BITU gained -28.8% vs +13.0% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Proshares Tr (BITU)

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

Smart Money Signals — BITU

Based on 34 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added BITU than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

34 hedge funds hold BITU right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +36% more funds vs a year ago

fund count last 6Q

+9 new funds entered over the past year (+36% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟢

More buyers than sellers — 62% buying

25 buying15 selling

Last quarter: 25 funds were net buyers (16 opened a brand new position + 9 added to an existing one). Only 15 were sellers (6 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~16 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 9 → 6 → 12 → 16. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔄

Mostly new holders — 65% entered in last year

■ 9% conviction (2yr+) ■ 26% medium ■ 65% new

Only 3 funds (9%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

💎

Buying through price weakness — shares -29%, value -63%

Value

-62%

-29%

Last quarter: funds added -29% more shares while total portfolio value only changed -63%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

🚀

Acceleration phase — new buyers rushing in

8 → 9 → 6 → 12 → 16 new funds/Q

New funds entering each quarter: 9 → 6 → 12 → 16. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.

🌱

Early stage — 55% of holders entered in last year

■ 0% veterans ■ 45% 1-2yr ■ 55% new

Of 38 current holders: 21 (55%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.

📋

Smaller funds dominant — 1% AUM from top-100

1% from top-100 AUM funds

1 of 32 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

4.9

out of 10

Moderate Exit Risk

Exit risk score 4.9/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	34	27	25.93%
13F Shares	717K	1M	-29.25%
Total Value	$8M	$22M	-62.51%
New Positions	16	12	+4
Increased Positions	9	6	+3
Closed Positions	9	12	-3
Reduced Positions	3	7	-4
Total Calls	3	3	-
Total Puts	3	3	-
PUT/CALL Ratio	1.0	1.0	Neutral

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

25.93%

13F Shares

717K

-29.25%

Total Value

$8M

$22M

-62.51%

New Positions

Increased Positions

Closed Positions

-3

Reduced Positions

-4

Total Calls

Total Puts

PUT/CALL Ratio

1.0

Neutral

Institutional Holders (2026 Q1)

34 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 BITU holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	USCF Advisers LLC	100.00%	15,200	$177K
2	Wealthedge Investment Advisors, LLC	0.12%	27,785	$323K
3	Entrewealth, LLC	0.09%	17,107	$199K
4	Financial Management Professionals, Inc.	0.08%	64,619	$752K
5	Trask Adam Roland	0.06%	5,107	$59K
6	Clear Creek Financial Management, LLC	0.01%	10,195	$119K
7	Toth Financial Advisory Corp	0.00%	2,721	$32K
8	Apollon Wealth Management, LLC	0.00%	16,750	$195K
9	Heritage Wealth Advisors	0.00%	6,000	$70K
10	Hoey Investments, Inc	0.00%	1,500	$17K
11	Lodestone Wealth Management LLC	0.00%	501	$6K
12	Ankerstar Wealth, LLC	0.00%	142	$2K
13	Millstone Evans Group, LLC	0.00%	95	$1K
14	EFG International AG	0.00%	2,380	$28K
15	Belvedere Trading LLC	0.00%	31,400	$365K
16	Captrust Financial Advisors	0.00%	20,706	$241K
17	Hrt Financial LP	0.00%	10,960	$127K
18	Citadel Advisors LLC	0.00%	152,000	$1.8M
19	Gould Capital, LLC	0.00%	40	—
20	Mariner, LLC	0.00%	19,362	$225K
21	Citadel Advisors LLC	0.00%	135,200	$1.6M
22	Belvedere Trading LLC	0.00%	14,218	$165K
23	Jane Street Group, LLC	0.00%	95,800	$1.1M
24	IFP Advisors, Inc	0.00%	500	$6K
25	IMC-Chicago, LLC	0.00%	26,678	$311K

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 (BITU)

What does the Smart Money Trend signal show for BITU?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added BITU than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BITU?

More buyers than sellers — 62% buying: Last quarter: 25 funds were net buyers (16 opened a brand new position + 9 added to an existing one). Only 15 were sellers (6 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BITU holders?

Smaller funds dominant — 1% AUM from top-100: 1 of 32 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BITU?

Mostly new holders — 65% entered in last year: Only 3 funds (9%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Proshares Tr (BITU) following the 2026 Q1 hedge fund 13F filings?

As of today, BITU has moved -45.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.5% for the SPY sector ETF — an outperformance of -45.4%. Since the quarter end (March 31, 2026), BITU has gained -28.8% vs +13.0% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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Proshares Tr (BITU)

Smart Money Signals — BITU

Buying streak — 1 quarter in a row

At the ownership peak (100% of max)

Fast accumulation — +36% more funds vs a year ago

More buyers than sellers — 62% buying

Steady new buyers — ~16 new funds per quarter

Mostly new holders — 65% entered in last year

Buying through price weakness — shares -29%, value -63%

Acceleration phase — new buyers rushing in

Early stage — 55% of holders entered in last year

Smaller funds dominant — 1% AUM from top-100

Institutional Sentiment Summary — BITU

Hedge Fund Ownership: BITU

Market Analysis: BITU

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: BITU

Is It Too Late to Buy Proshares Tr (BITU) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: BITU

Statistics: BITU

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Proshares Tr (BITU)

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