Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Proshares Tr (ONLN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
2Q ▼
Buyers last Q
27%

Smart Money Signals — ONLN

Based on 31 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their ONLN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 69% of 3.0Y high

69% of all-time peak
Only 31 funds hold ONLN today versus a peak of 45 funds at 2023 Q2 — just 69% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 11% fewer funds vs a year ago

fund count last 6Q
4 fewer hedge funds hold ONLN compared to a year ago (-11% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 27% buying

10 buying27 selling
Last quarter: 27 funds sold vs only 10 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~5 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 3 → 8 → 6 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

84% of holders stayed for 2+ years

■ 84% conviction (2yr+) ■ 6% medium ■ 10% new
26 out of 31 hedge funds have held ONLN 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 — ~5 new funds/quarter

5 → 3 → 8 → 6 → 5 new funds/Q
New funds entering each quarter: 3 → 8 → 6 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 87% veterans vs 10% newcomers

■ 87% veterans ■ 3% 1-2yr ■ 10% new
Entry-cohort mix of 31 holders: 27 (87%) are 2+ year veterans, 1 entered 1–2 years ago, and 3 (10%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 67% AUM from top-100 funds

67% from top-100 AUM funds
9 of 30 holders are among the 100 largest funds by AUM, controlling 67% of total institutional value in ONLN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — 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 — ONLN

In 2026 Q1, 10 hedge funds were net buyers of ONLN (5 opened a new position, 5 added to an existing one), while 27 reduced or exited (17 trimmed, 10 sold completely) — a 27% buyer ratio, indicating net institutional distribution. Net selling has persisted for two consecutive quarters. 67% of total institutional value in ONLN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 31.

Hedge Fund Ownership: ONLN

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

Market Analysis: ONLN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ONLN

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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.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: ONLN
2026 Q2 Stats Unlock in 2 days 31 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 31 36 -13.89%
13F Shares 349K 479K -27.06%
Total Value $18M $28M -37.46%
New Positions 5 6 -1
Increased Positions 5 12 -7
Closed Positions 10 7 +3
Reduced Positions 17 10 +7
Total Calls 1 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ONLN

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Institutional Holders (2026 Q2)

31 + investors

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

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 ONLN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Lane Generational LLC 0.98% 20,617 $1.1M
2 Texas Yale Capital Corp. 0.05% 46,275 $2.5M
3 Tower Research Capital LLC (TRC) 0.01% 5,745 $313K
4 Merit Financial Group, LLC 0.00% 5,603 $305K
5 Farther Finance Advisors, LLC 0.00% 3,333 $181K
6 Cetera Investment Advisers 0.00% 14,319 $779K
7 Rockefeller Capital Management L.P. 0.00% 7,993 $435K
8 UBS Group AG 0.00% 69,680 $3.8M
9 Concord Wealth Partners 0.00% 43 $2K
10 LPL Financial LLC 0.00% 20,128 $1.1M
11 Ameritas Advisory Services, LLC 0.00% 208 $11K
12 Susquehanna International Group, LLP 0.00% 45,650 $2.5M
13 Bank of America Corp /de/ 0.00% 54,288 $3.0M
14 Raymond James Financial Inc 0.00% 11,650 $634K
15 Valley National Advisers Inc 0.00% 23 $1K
16 Osaic Holdings, INC. 0.00% 1,885 $103K
17 Goldman Sachs Group Inc 0.00% 16,211 $882K
18 Wells Fargo & Company/Mn 0.00% 6,432 $350K
19 Jane Street Group, LLC 0.00% 10,782 $587K
20 Ameriprise Financial Inc 0.00% 3,872 $211K
21 Morgan Stanley 0.00% 13,712 $746K
22 Steward Partners Investment Advisory, LLC 0.00% 81 $4K
23 Arax Advisory Partners 0.00% 43 $2K
24 Harbour Investments, INC. 0.00% 20 $1K
25 Royal Bank of Canada 0.00% 543 $30K
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 (ONLN)

What does the Smart Money Trend signal show for ONLN?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their ONLN 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 ONLN?

Heavy selling pressure — only 27% buying: Last quarter: 27 funds sold vs only 10 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for ONLN holders?

Elite ownership — 67% AUM from top-100 funds: 9 of 30 holders are among the 100 largest funds by AUM, controlling 67% of total institutional value in ONLN. 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 ONLN?

84% of holders stayed for 2+ years: 26 out of 31 hedge funds have held ONLN 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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