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

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

As of today, ISPY has moved +1.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -0.4%. Since the quarter end (March 31, 2026), ISPY gained +11.4% vs +15.9% 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 (ISPY)

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

Smart Money Signals — ISPY

Based on 119 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 10 quarters in a row

last 6Q

For 10 consecutive quarters, more hedge funds added ISPY 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

119 hedge funds hold ISPY 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 — +53% more funds vs a year ago

fund count last 6Q

+41 new funds entered over the past year (+53% 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 — 66% buying

72 buying37 selling

Last quarter: 72 funds were net buyers (17 opened a brand new position + 55 added to an existing one). Only 37 were sellers (29 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.

⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 15 → 21 → 26 → 17. 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.

🔄

Mostly new holders — 39% entered in last year

■ 8% conviction (2yr+) ■ 53% medium ■ 39% new

Only 10 funds (8%) 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.

📈

Growing discovery — still being found

18 → 15 → 21 → 26 → 17 new funds/Q

New funds entering each quarter: 15 → 21 → 26 → 17. A growing number of institutions are discovering ISPY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

📊

Mixed cohorts — 2% veterans, 54% new entrants

■ 2% veterans ■ 45% 1-2yr ■ 54% new

Of 119 current holders: 2 (2%) held 2+ years, 53 held 1–2 years, 64 (54%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.

🏆

Elite ownership — 55% AUM from top-100 funds

55% from top-100 AUM funds

11 of 119 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in ISPY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

4.6

out of 10

Moderate Exit Risk

Exit risk score 4.6/10 — 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	118	110	7.27%
13F Shares	17M	16M	3.85%
Total Value	$720M	$732M	-1.72%
New Positions	17	26	-9
Increased Positions	54	50	+4
Closed Positions	9	13	-4
Reduced Positions	29	21	+8
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

118

110

7.27%

13F Shares

17M

16M

3.85%

Total Value

$720M

$732M

-1.72%

New Positions

-9

Increased Positions

Closed Positions

-4

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

118 + investors

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

QUARTER:

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

Top 25 ISPY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Prosperity Financial Group, Inc.	2.41%	150,558	$6.5M
2	PMG Family Office LLC	1.93%	39,771	$1.7M
3	Hennion & Walsh Asset Management, Inc.	1.47%	1,005,484	$43.6M
4	Pitti Group Wealth Management, LLC	1.23%	35,061	$1.5M
5	Stillwater Wealth Management Group	1.01%	37,750	$1.6M
6	Mjp Associates Inc /Adv	0.89%	169,999	$7.4M
7	SageGuard Financial Group, LLC	0.76%	113,123	$4.9M
8	Capital Investment Advisors, LLC	0.60%	864,409	$37.5M
9	Accel Wealth Management	0.59%	51,990	$2.3M
10	Pine Valley Investments Ltd Liability Co	0.56%	279,318	$12.1M
11	Advisor OS, LLC	0.53%	169,999	$7.4M
12	Sherman Wealth Management LLC	0.51%	13,688	$593K
13	Bernardo Wealth Planning LLC	0.45%	53,574	$2.3M
14	Maridea Wealth Management LLC	0.43%	68,163	$3.0M
15	BKM Wealth Management, LLC	0.41%	26,194	$1.1M
16	Roan Capital Partners	0.39%	9,635	$418K
17	Prevail Innovative Wealth Advisors, LLC	0.36%	49,840	$2.2M
18	CAP Partners, LLC	0.27%	10,825	$469K
19	PFG Investments, LLC	0.26%	130,177	$5.6M
20	Wick Capital Partners, LLC	0.22%	28,270	$1.2M
21	Signature Wealth Management Partners, LLC	0.19%	8,925	$387K
22	JBR Co Financial Management Inc	0.16%	8,520	$389K
23	BOS Asset Management, LLC	0.16%	14,295	$620K
24	Richmond Investment Services, LLC	0.16%	22,167	$961K
25	Gainplan LLC	0.15%	4,724	$205K

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 (ISPY)

What does the Smart Money Trend signal show for ISPY?

Buying streak — 10 quarters in a row: For 10 consecutive quarters, more hedge funds added ISPY 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 ISPY?

More buyers than sellers — 66% buying: Last quarter: 72 funds were net buyers (17 opened a brand new position + 55 added to an existing one). Only 37 were sellers (29 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ISPY holders?

Elite ownership — 55% AUM from top-100 funds: 11 of 119 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in ISPY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ISPY?

Mostly new holders — 39% entered in last year: Only 10 funds (8%) 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 (ISPY) following the 2026 Q1 hedge fund 13F filings?

As of today, ISPY has moved +1.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -0.4%. Since the quarter end (March 31, 2026), ISPY has gained +11.4% vs +15.9% 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 (ISPY)

Smart Money Signals — ISPY

Buying streak — 10 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +53% more funds vs a year ago

More buyers than sellers — 66% buying

Fewer new buyers each quarter (-9 vs last Q)

Mostly new holders — 39% entered in last year

Growing discovery — still being found

Mixed cohorts — 2% veterans, 54% new entrants

Elite ownership — 55% AUM from top-100 funds

Institutional Sentiment Summary — ISPY

Hedge Fund Ownership: ISPY

Market Analysis: ISPY

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: ISPY

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

Hedge Fund Positioning: ISPY

Statistics: ISPY

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Proshares Tr (ISPY)

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