Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Proshares Tr II (BOIL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
1Q ▼
Buyers last Q
49%

Smart Money Signals — BOIL

Based on 32 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their BOIL 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 — 78% of 3.0Y peak

78% of all-time peak
32 funds currently hold this stock — 78% of the 3.0-year high of 41 funds (reached 2023 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q
+2 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 49% buying

21 buying22 selling
Last quarter: 22 funds reduced or exited vs 21 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 (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 10 → 12 → 14 → 7. 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.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 12% medium ■ 34% new
17 out of 32 hedge funds have held BOIL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -7%, value -25%

Value
-24%
Shares
-7%
Last quarter: funds added -7% more shares while total portfolio value only changed -25%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~7 new funds/quarter

16 → 10 → 12 → 14 → 7 new funds/Q
New funds entering each quarter: 10 → 12 → 14 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 65% veterans vs 30% newcomers

■ 65% veterans ■ 5% 1-2yr ■ 30% new
Entry-cohort mix of 40 holders: 26 (65%) are 2+ year veterans, 2 entered 1–2 years ago, and 12 (30%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 16% AUM from top-100

16% from top-100 AUM funds
7 of 31 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — 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 — BOIL

In 2026 Q1, 21 hedge funds were net buyers of BOIL (7 opened a new position, 14 added to an existing one), while 22 reduced or exited (10 trimmed, 12 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 32.

Hedge Fund Ownership: BOIL

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

Market Analysis: BOIL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BOIL

-- --

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

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

Signal Freshness measures how much BOIL has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 82d ago
BOIL
+75.6%
SPY
+15.1%

BOIL outperformed SPY by +60.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
BOIL
+106.9%
SPY
+1.3%

Since the filing became public, BOIL outperformed SPY by +105.6% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: BOIL
32 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 32 37 -13.51%
13F Shares 8M 8M -7.43%
Total Value $141M $187M -24.79%
New Positions 7 14 -7
Increased Positions 12 10 +2
Closed Positions 12 7 +5
Reduced Positions 9 9 -
Total Calls 4 4 -
Total Puts 5 4 25.0%
PUT/CALL Ratio 1.25 1.0 Bearish

Statistics: BOIL

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 Q1)

32 + investors

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

QUARTER:
Top 25 BOIL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 SLT Holdings LLC 0.35% 32,150 $518K
2 Corigliano Investment Advisers, LLC 0.29% 46,000 $742K
3 Two Sigma Securities, LLC 0.03% 16,372 $264K
4 Archford Capital Strategies, LLC 0.02% 10,159 $164K
5 Jump Financial, LLC 0.01% 31,285 $504K
6 Foundations Investment Advisors, LLC 0.01% 32,250 $520K
7 Susquehanna International Group, LLP 0.01% 3,224,800 $52.0M
8 Cantor Fitzgerald, L. P. 0.01% 24,275 $391K
9 Citadel Advisors LLC 0.00% 1,065,480 $17.2M
10 Hrt Financial LP 0.00% 68,477 $1.1M
11 Jefferies Financial Group Inc. 0.00% 16,000 $258K
12 Susquehanna International Group, LLP 0.00% 867,800 $14.0M
13 Ascentis Independent Advisors 0.00% 1,150 $19K
14 Group One Trading LLC 0.00% 44,680 $720K
15 Jefferies Financial Group Inc. 0.00% 10,617 $171K
16 Jane Street Group, LLC 0.00% 556,220 $9.0M
17 Jane Street Group, LLC 0.00% 543,420 $8.8M
18 Citadel Advisors LLC 0.00% 404,200 $6.5M
19 Jefferies Financial Group Inc. 0.00% 8,200 $132K
20 Citadel Advisors LLC 0.00% 212,527 $3.4M
21 Tower Research Capital LLC (TRC) 0.00% 1,160 $19K
22 Belvedere Trading LLC 0.00% 21,604 $348K
23 SWAN Capital LLC 0.00% 65 $1K
24 HighTower Advisors, LLC 0.00% 11,146 $180K
25 Simplex Trading, LLC 0.00% 16,421 $265K
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 (BOIL)

What does the Smart Money Trend signal show for BOIL?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BOIL 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 BOIL?

More sellers than buyers — 49% buying: Last quarter: 22 funds reduced or exited vs 21 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 BOIL holders?

Smaller funds dominant — 16% AUM from top-100: 7 of 31 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BOIL?

53% of holders stayed for 2+ years: 17 out of 32 hedge funds have held BOIL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

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

As of today, BOIL has moved +106.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of +105.6%. Since the quarter end (March 31, 2026), BOIL has gained +75.6% vs +15.1% for SPY. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

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 →