Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Proshares Tr II (GLL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
7Q ▲
Buyers last Q
48%

Smart Money Signals — GLL

Based on 18 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 7 quarters in a row

last 6Q
For 7 consecutive quarters, more hedge funds added GLL 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
18 hedge funds hold GLL 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 — +100% more funds vs a year ago

fund count last 6Q
+9 new funds entered over the past year (+100% 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 sellers than buyers — 48% buying

12 buying13 selling
Last quarter: 13 funds reduced or exited vs 12 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.
➡️

Steady new buyers — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 3 → 7 → 10 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 39% long-term, 56% new

■ 39% conviction (2yr+) ■ 6% medium ■ 56% new
Of the 18 current holders: 7 (39%) held >2 years, 1 held 1–2 years, and 10 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 -16%, value -39%

Value
-38%
Shares
-16%
Last quarter: funds added -16% more shares while total portfolio value only changed -39%. 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

2 → 3 → 7 → 10 → 7 new funds/Q
New funds entering each quarter: 3 → 7 → 10 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 57% veterans vs 43% newcomers

■ 57% veterans ■ 0% 1-2yr ■ 43% new
Entry-cohort mix of 23 holders: 13 (57%) are 2+ year veterans, 0 entered 1–2 years ago, and 10 (43%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds
4 of 17 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.9
out of 10
Moderate Exit Risk
Exit risk score 5.9/10 — 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.

Institutional Sentiment Summary — GLL

In 2026 Q1, 12 hedge funds were net buyers of GLL (7 opened a new position, 5 added to an existing one), while 13 reduced or exited (8 trimmed, 5 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. This marks 7 consecutive quarters of net institutional buying — a persistent conviction signal. 30% of total institutional value in GLL is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 18.

Hedge Fund Ownership: GLL

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

Market Analysis: GLL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: GLL

-- --

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

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

Signal Freshness measures how much GLL 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
GLL
+21.6%
SPY
+15.1%

GLL outperformed SPY by +6.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
GLL
+15.1%
SPY
+1.3%

Since the filing became public, GLL outperformed SPY by +13.8% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: GLL
18 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 18 16 12.5%
13F Shares 2M 2M -16.06%
Total Value $30M $49M -38.63%
New Positions 7 16 -9
Increased Positions 4 0 +4
Closed Positions 5 0 +5
Reduced Positions 6 0 +6
Total Calls 3 3 -
Total Puts 3 3 -
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: GLL

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)

18 + investors

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

QUARTER:
Top 22 GLL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Raffles Associates LP 2.28% 130,000 $2.6M
2 Moulton Wealth Management, Inc 1.86% 135,170 $2.7M
3 Wise Wealth Partners 1.71% 62,479 $1.3M
4 Genesis Financial Group, LLC 0.44% 34,384 $694K
5 Hamilton Wealth, LLC 0.27% 188,073 $3.8M
6 Quadrature Capital Ltd 0.02% 66,549 $1.3M
7 Jump Financial, LLC 0.01% 33,816 $682K
8 Mission Wealth Management, LP 0.01% 14,500 $293K
9 XTX Topco Ltd 0.00% 13,593 $274K
10 OneDigital Investment Advisors LLC 0.00% 14,000 $283K
11 Simplex Trading, LLC 0.00% 162,855 $3.3M
12 Group One Trading LLC 0.00% 18,138 $366K
13 Susquehanna International Group, LLP 0.00% 153,600 $3.1M
14 Jane Street Group, LLC 0.00% 111,821 $2.3M
15 Citadel Advisors LLC 0.00% 85,350 $1.7M
16 Susquehanna International Group, LLP 0.00% 109,700 $2.2M
17 Jane Street Group, LLC 0.00% 53,700 $1.1M
18 Jane Street Group, LLC 0.00% 47,050 $949K
19 Citadel Advisors LLC 0.00% 37,050 $748K
20 Susquehanna International Group, LLP 0.00% 26,284 $530K
21 Tower Research Capital LLC (TRC) 0.00% 33 —
22 Morgan Stanley 0.00% 1,425 $29K
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 (GLL)

What does the Smart Money Trend signal show for GLL?

Buying streak — 7 quarters in a row: For 7 consecutive quarters, more hedge funds added GLL 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 GLL?

More sellers than buyers — 48% buying: Last quarter: 13 funds reduced or exited vs 12 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 GLL holders?

Strong quality — 30% AUM from major funds: 4 of 17 holders rank in the top 100 by AUM, accounting for 30% 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 GLL?

Mixed — 39% long-term, 56% new: Of the 18 current holders: 7 (39%) held >2 years, 1 held 1–2 years, and 10 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.

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

As of today, GLL has moved +15.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of +13.8%. Since the quarter end (March 31, 2026), GLL has gained +21.6% vs +15.1% for SPY. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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.

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 →