Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Proshares Tr (DOG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -8
Streak
1Q ▼
Buyers last Q
42%

Smart Money Signals — DOG

Based on 23 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their DOG 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 — 74% of 3.0Y peak

74% of all-time peak
23 funds currently hold this stock — 74% of the 3.0-year high of 31 funds (reached 2023 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding DOG is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 42% buying

15 buying21 selling
Last quarter: 21 funds reduced or exited vs 15 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 (-8 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 9 → 9 → 16 → 8. 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.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 17% medium ■ 30% new
12 out of 23 hedge funds have held DOG 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.
➡️

Steady discovery — ~8 new funds/quarter

7 → 9 → 9 → 16 → 8 new funds/Q
New funds entering each quarter: 9 → 9 → 16 → 8. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 69% veterans vs 27% newcomers

■ 69% veterans ■ 4% 1-2yr ■ 27% new
Entry-cohort mix of 26 holders: 18 (69%) are 2+ year veterans, 1 entered 1–2 years ago, and 7 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 3% AUM from top-100

3% from top-100 AUM funds
4 of 21 holders rank in the top 100 by AUM, but together hold only 3% 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 — DOG

In 2026 Q2, 15 hedge funds were net buyers of DOG (8 opened a new position, 7 added to an existing one), while 21 reduced or exited (5 trimmed, 16 sold completely) — a 42% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: -8 funds (more exits than new entries). Total institutional holders: 23.

Hedge Fund Ownership: DOG

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

Market Analysis: DOG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DOG

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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
0.3
/ 10
conviction
Hedge Fund Positioning: DOG
21 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 21 31 -32.26%
13F Shares 803K 2M -58.88%
Total Value $16M $47M -65.38%
New Positions 8 16 -8
Increased Positions 6 10 -4
Closed Positions 16 8 +8
Reduced Positions 5 3 +2
Total Calls 2 3 -33.33%
Total Puts 3 2 50.0%
PUT/CALL Ratio 1.5 0.67 Bearish

Statistics: DOG

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

21 + investors

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

QUARTER:
Top 25 DOG holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sugar Maple Asset Management, LLC 0.88% 63,000 $1.4M
2 Hedges Asset Management LLC 0.20% 14,250 $308K
3 Vima LLC 0.15% 7,232 $157K
4 Fox Hill Wealth Management 0.13% 15,391 $333K
5 Gts Securities LLC 0.03% 68,935 $1.5M
6 Graves Light Lenhart Wealth, Inc. 0.03% 14,517 $314K
7 Tower Research Capital LLC (TRC) 0.02% 43,563 $942K
8 Squarepoint Ops LLC 0.00% 39,921 $863K
9 Mh & Associates Securities Management Corp /Adv 0.00% 25 —
10 Focus Partners Wealth 0.00% 20,216 $437K
11 Susquehanna International Group, LLP 0.00% 167,300 $3.6M
12 Susquehanna International Group, LLP 0.00% 159,256 $3.4M
13 Union Bancaire Privee, UBP SA 0.00% 1,000 $18K
14 Qube Research & Technologies Ltd 0.00% 6,778 $147K
15 Jane Street Group, LLC 0.00% 63,600 $1.4M
16 Group One Trading LLC 0.00% 1,901 $41K
17 Citadel Advisors LLC 0.00% 21,500 $465K
18 Royal Bank of Canada 0.00% 11,900 $257K
19 Susquehanna International Group, LLP 0.00% 15,800 $342K
20 Jane Street Group, LLC 0.00% 12,000 $259K
21 IFP Advisors, Inc 0.00% 20 —
22 UBS Group AG 0.00% 2,001 $43K
23 Mercer Global Advisors Inc /Adv 0.00% 200 $4K
24 Morgan Stanley 0.00% 1,109 $24K
25 Jpmorgan Chase & Co 0.00% 48 $1K
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 (DOG)

What does the Smart Money Trend signal show for DOG?

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

More sellers than buyers — 42% buying: Last quarter: 21 funds reduced or exited vs 15 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 DOG holders?

Smaller funds dominant — 3% AUM from top-100: 4 of 21 holders rank in the top 100 by AUM, but together hold only 3% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held DOG?

52% of holders stayed for 2+ years: 12 out of 23 hedge funds have held DOG 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.

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.

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