Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

PROSHARES TR (SSO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +18
Streak
3Q ▲
Buyers last Q
84%

Smart Money Signals — SSO

Based on 246 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added SSO 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
246 hedge funds hold SSO 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.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+24 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 84% buying

223 buying44 selling
Last quarter: 223 funds were net buyers (40 opened a brand new position + 183 added to an existing one). Only 44 were sellers (22 trimmed + 22 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: 22 → 43 → 49 → 40. 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.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 24% medium ■ 20% new
139 out of 246 hedge funds have held SSO 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.
💎

Buying through price weakness — shares +41%, value -26%

Value
-26%
Shares
+40%
Last quarter: funds added +41% more shares while total portfolio value only changed -26%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

40 → 22 → 43 → 49 → 40 new funds/Q
New funds entering each quarter: 22 → 43 → 49 → 40. A growing number of institutions are discovering SSO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 62% of holders stayed 2+ years

■ 62% veterans ■ 16% 1-2yr ■ 22% new
Of 252 current holders: 156 (62%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 1% AUM from top-100

1% from top-100 AUM funds
13 of 246 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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.

Hedge Fund Ownership: SSO

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

Market Analysis: SSO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SSO

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

17 top-rated funds 9 high-conviction
Consensus
5.5
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: SSO
2026 Q1 Stats Unlock in 22 days 252 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 252 234 7.69%
13F Shares 31M 22M 40.58%
Total Value $1.85B $2.50B -26.14%
New Positions 40 51 -11
Increased Positions 193 71 +122
Closed Positions 24 30 -6
Reduced Positions 24 66 -42
Total Calls 3 4 -25.0%
Total Puts 4 5 -20.0%
PUT/CALL Ratio 1.33 1.25 Bearish

Statistics: SSO

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Valuation Measures Data as of: --

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Enterprise Value --
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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) --
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Institutional Holders (2026 Q1)

252 + investors

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

Top 25 institutional holders of SSO — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Dedeker Financial LLC 7.62% 168,636 $8.7M
2 TTP Investments, Inc. 5.97% 276,176 $14.3M
3 Arta Finance Wealth Management LLC 4.76% 185,528 $9.6M
4 PINKERTON WEALTH, LLC 3.95% 749,133 $43.4M
5 PMV Capital Advisers, LLC 3.63% 41,480 $2.2M
6 Client First Investment Management LLC 3.18% 118,057 $6.1M
7 Innova Wealth Partners 1.43% 58,384 $3.0M
8 TOTH FINANCIAL ADVISORY CORP 1.32% 232,286 $12.1M
9 Capital Investment Counsel, Inc 1.01% 159,042 $8.3M
10 Spire Wealth Management 0.74% 419,892 $21.8M
11 Marshall Financial Group, LLC 0.66% 79,847 $4.1M
12 UNIQUE WEALTH, LLC 0.64% 89,236 $4.6M
13 Professional Financial Advisors, LLC 0.53% 50,052 $2.6M
14 Aurora Private Wealth, Inc. 0.45% 10,942 —
15 Apollon Financial, LLC 0.44% 61,612 $3.2M
16 Legacy Wealth Partners, LLC 0.38% 29,370 $1.5M
17 Sovereign Financial Group, Inc. 0.32% 36,038 $1.9M
18 RIA Advisory Group LLC 0.28% 22,645 $1.2M
19 Wealthstar Advisors, LLC 0.23% 9,584 $497K
20 SpringVest Wealth Management LLC 0.19% 5,436 $282K
21 Erickson Financial Group, LLC 0.16% 4,834 $251K
22 Brookstone Capital Management 0.15% 254,208 $13.2M
23 Gibson Wealth Advisors LLC 0.15% 4,294 $223K
24 Koshinski Asset Management, Inc. 0.15% 45,071 $2.3M
25 Genesee Capital Advisors, LLC 0.14% 6,258 $325K
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 (SSO)

What does the Smart Money Trend signal show for SSO?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added SSO 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 SSO?

More buyers than sellers — 84% buying: Last quarter: 223 funds were net buyers (40 opened a brand new position + 183 added to an existing one). Only 44 were sellers (22 trimmed + 22 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SSO holders?

Smaller funds dominant — 1% AUM from top-100: 13 of 246 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held SSO?

57% of holders stayed for 2+ years: 139 out of 246 hedge funds have held SSO 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.