Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Proshares Tr (SDOW)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
51%

Smart Money Signals — SDOW

Based on 26 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 SDOW 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 — 93% of 1.8Y peak

93% of all-time peak
26 funds currently hold this stock — 93% of the 1.8-year high of 28 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +13% more funds vs a year ago

fund count last 6Q
+3 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction. The peak was reached in just 4 quarters from the low — a sharp move.
🟡

Slight buying edge — 51% buying

18 buying17 selling
Last quarter: 18 funds bought or added vs 17 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~9 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 8 → 10 → 9. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 54% entered in last year

■ 12% conviction (2yr+) ■ 35% medium ■ 54% new
Only 3 funds (12%) 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.
➡️

Steady discovery — ~9 new funds/quarter

7 → 6 → 8 → 10 → 9 new funds/Q
New funds entering each quarter: 6 → 8 → 10 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 3% veterans, 50% new entrants

■ 3% veterans ■ 47% 1-2yr ■ 50% new
Of 30 current holders: 1 (3%) held 2+ years, 14 held 1–2 years, 15 (50%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds
8 of 24 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — 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 — SDOW

In 2026 Q1, 18 hedge funds were net buyers of SDOW (9 opened a new position, 9 added to an existing one), while 17 reduced or exited (6 trimmed, 11 sold completely) — a 51% buyer ratio, indicating a slight buying edge. 37% of total institutional value in SDOW is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 26.

Hedge Fund Ownership: SDOW

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

Market Analysis: SDOW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SDOW

-- --

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

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

Signal Freshness measures how much SDOW 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 · 77d ago
SDOW
-29.8%
SPY
+15.9%

SDOW outperformed SPY by -45.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
SDOW
-14.2%
SPY
+2.0%

Since the filing became public, SDOW outperformed SPY by -16.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near 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
0.1
/ 10
conviction
Hedge Fund Positioning: SDOW
26 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 26 28 -7.14%
13F Shares 2M 2M -27.71%
Total Value $62M $77M -19.98%
New Positions 9 10 -1
Increased Positions 6 10 -4
Closed Positions 11 10 +1
Reduced Positions 6 4 +2
Total Calls 3 4 -25.0%
Total Puts 3 3 -
PUT/CALL Ratio 1.0 0.75 Neutral

Statistics: SDOW

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

26 + investors

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

QUARTER:
Top 25 SDOW holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Capstone Capital Management Ltd 0.44% 12,379 $436K
2 Two Sigma Securities, LLC 0.03% 6,399 $225K
3 Game Plan Financial Advisors, LLC 0.02% 1,450 $51K
4 Tower Research Capital LLC (TRC) 0.02% 17,394 $612K
5 Jump Financial, LLC 0.01% 29,321 $1.0M
6 Caitlin John, LLC 0.00% 202 $7K
7 Group One Trading LLC 0.00% 58,829 $2.1M
8 Citadel Advisors LLC 0.00% 517,175 $18.2M
9 Hollencrest Capital Management 0.00% 1,725 $61K
10 IMC-Chicago, LLC 0.00% 140,711 $5.0M
11 Susquehanna International Group, LLP 0.00% 392,800 $13.8M
12 Simplex Trading, LLC 0.00% 49,056 $1.7M
13 Citadel Advisors LLC 0.00% 199,675 $7.0M
14 Parallel Advisors, LLC 0.00% 1,737 $61K
15 Westend Capital Management, LLC 0.00% 99 $3K
16 SBI Securities Co., Ltd. 0.00% 554 $20K
17 Susquehanna International Group, LLP 0.00% 126,200 $4.4M
18 Jane Street Group, LLC 0.00% 55,400 $2.0M
19 Focus Partners Wealth 0.00% 6,281 $221K
20 Goldman Sachs Group Inc 0.00% 50,000 $1.8M
21 Susquehanna International Group, LLP 0.00% 49,196 $1.7M
22 Ascentis Independent Advisors 0.00% 61 $2K
23 Jane Street Group, LLC 0.00% 26,200 $923K
24 UBS Group AG 0.00% 13,133 $462K
25 Morgan Stanley 0.00% 1,902 $67K
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 (SDOW)

What does the Smart Money Trend signal show for SDOW?

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

Slight buying edge — 51% buying: Last quarter: 18 funds bought or added vs 17 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for SDOW holders?

Strong quality — 37% AUM from major funds: 8 of 24 holders rank in the top 100 by AUM, accounting for 37% 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 SDOW?

Mostly new holders — 54% entered in last year: Only 3 funds (12%) 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 (SDOW) following the 2026 Q1 hedge fund 13F filings?

As of today, SDOW has moved -14.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -16.2%. Since the quarter end (March 31, 2026), SDOW has gained -29.8% 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.

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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