Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Proshares Tr (UPRO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +22
Streak
1Q ▲
Buyers last Q
54%

Smart Money Signals — UPRO

Based on 142 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added UPRO 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 (99% of max)

99% of all-time peak
142 hedge funds hold UPRO 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 — +23% more funds vs a year ago

fund count last 6Q
+27 new funds entered over the past year (+23% 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.
🟡

Slight buying edge — 54% buying

73 buying61 selling
Last quarter: 73 funds bought or added vs 61 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.
📈

More new buyers each quarter (+25 vs last Q)

new funds entering per quarter
Funds opening a new UPRO position: 27 → 35 → 16 → 41. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

47% of holders stayed for 2+ years

■ 47% conviction (2yr+) ■ 32% medium ■ 20% new
67 out of 142 hedge funds have held UPRO 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.
💰

Value +60% but shares only +10% — price-driven

Value
+59%
Shares
+9%
Last quarter: the total dollar value of institutional holdings rose +60%, but actual share count only changed +10%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~41 new funds/quarter

34 → 27 → 35 → 16 → 41 new funds/Q
New funds entering each quarter: 27 → 35 → 16 → 41. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 59% veterans vs 25% newcomers

■ 59% veterans ■ 16% 1-2yr ■ 25% new
Entry-cohort mix of 150 holders: 89 (59%) are 2+ year veterans, 24 entered 1–2 years ago, and 37 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 10% AUM from top-100

10% from top-100 AUM funds
12 of 141 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 — UPRO

In 2026 Q2, 73 hedge funds were net buyers of UPRO (41 opened a new position, 32 added to an existing one), while 61 reduced or exited (42 trimmed, 19 sold completely) — a 54% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: +22 funds (more new holders than closures). Total institutional holders: 142.

Hedge Fund Ownership: UPRO

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

Market Analysis: UPRO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: UPRO

-- --

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.

5 top-rated funds 2 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: UPRO
138 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 138 120 15.0%
13F Shares 6M 6M 2.64%
Total Value $811M $543M 49.34%
New Positions 41 16 +25
Increased Positions 27 44 -17
Closed Positions 22 40 -18
Reduced Positions 38 34 +4
Total Calls 3 3 -
Total Puts 5 4 25.0%
PUT/CALL Ratio 1.67 1.33 Bearish

Statistics: UPRO

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Institutional Holders (2026 Q2)

138 + investors

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

QUARTER:
Top 25 UPRO holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Revere Asset Management, Inc 21.41% 393,443 $55.8M
2 Ridgepath Capital Management LLC 10.33% 165,092 $23.4M
3 Spectrum Financial Alliance Ltd LLC 2.31% 110,615 $15.7M
4 R2 Capital Strategies, LLC 1.83% 28,415 $4.0M
5 Safe Harbor Fiduciary, LLC 1.76% 15,922 $2.3M
6 Main Street Group, LTD 1.53% 46,349 $6.6M
7 Millington Financial Advisors, LLC 1.41% 25,843 $3.6M
8 Uniting Wealth Partners, LLC 0.75% 26,000 $3.7M
9 DeDora Capital, Inc. 0.55% 17,926 $2.5M
10 BankPlus Trust Department 0.53% 15,900 $2.3M
11 CPR Investments Inc. 0.52% 4,791 $679K
12 Erickson Financial Group, LLC 0.47% 6,149 $872K
13 Encompass More Asset Management 0.44% 21,478 $3.0M
14 Hickory Point Bank & Trust 0.42% 4,908 $696K
15 Mittelman Wealth Management 0.41% 4,345 $616K
16 Axxcess Wealth Management, LLC 0.37% 164,587 $23.3M
17 J. M. Brown & Associates Inc. 0.33% 4,038 $573K
18 Timonier Family Office, LTD. 0.31% 7,734 $1.1M
19 Westmount Partners, LLC 0.29% 9,370 $1.3M
20 Genesee Capital Advisors, LLC 0.29% 6,487 $920K
21 Ellis Investment Partners, LLC 0.20% 9,401 $1.3M
22 Dedeker Financial LLC 0.19% 2,347 $333K
23 Toth Financial Advisory Corp 0.19% 13,459 $1.9M
24 BXM Wealth LLC 0.18% 2,364 $335K
25 Vines Capital Management, LLC 0.18% 1,552 $220K
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 (UPRO)

What does the Smart Money Trend signal show for UPRO?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added UPRO 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 UPRO?

Slight buying edge — 54% buying: Last quarter: 73 funds bought or added vs 61 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 UPRO holders?

Smaller funds dominant — 10% AUM from top-100: 12 of 141 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held UPRO?

47% of holders stayed for 2+ years: 67 out of 142 hedge funds have held UPRO 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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