Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Proshares Tr (USD)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
1Q ▼
Buyers last Q
54%

Smart Money Signals — USD

Based on 58 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 USD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (95% of max)

95% of all-time peak
58 hedge funds hold USD 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 — +49% more funds vs a year ago

fund count last 6Q
+19 new funds entered over the past year (+49% 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

32 buying27 selling
Last quarter: 32 funds bought or added vs 27 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 — ~12 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 19 → 17 → 13 → 12. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

40% of holders stayed for 2+ years

■ 40% conviction (2yr+) ■ 28% medium ■ 33% new
23 out of 58 hedge funds have held USD 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.
📊

Peak discovery — momentum slowing

9 → 19 → 17 → 13 → 12 new funds/Q
New funds entering each quarter: 19 → 17 → 13 → 12. USD is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 47% veterans vs 35% newcomers

■ 47% veterans ■ 18% 1-2yr ■ 35% new
Entry-cohort mix of 62 holders: 29 (47%) are 2+ year veterans, 11 entered 1–2 years ago, and 22 (35%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 1% AUM from top-100

1% from top-100 AUM funds
6 of 55 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.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — 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 — USD

In 2026 Q1, 32 hedge funds were net buyers of USD (12 opened a new position, 20 added to an existing one), while 27 reduced or exited (12 trimmed, 15 sold completely) — a 54% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 58.

Hedge Fund Ownership: USD

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

Market Analysis: USD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: USD

-- --

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

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

Signal Freshness measures how much USD 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 · 79d ago
USD
+125.6%
SPY
+13.9%

USD outperformed SPY by +111.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
USD
+13.1%
SPY
+0.2%

Since the filing became public, USD outperformed SPY by +12.9% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 2 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: USD
57 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 57 61 -6.56%
13F Shares 16M 17M -6.72%
Total Value $132M $129M 2.5%
New Positions 12 13 -1
Increased Positions 18 40 -22
Closed Positions 16 9 +7
Reduced Positions 11 8 +3
Total Calls 3 3 -
Total Puts 3 3 -
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: USD

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

57 + investors

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

QUARTER:
Top 25 USD holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Dale Q Rice Investment Management Ltd 16.25% 447,279 $21.4M
2 Dedeker Financial LLC 3.77% 90,225 $4.3M
3 Retirement Planning Co of New England, Inc. 0.95% 48,910 $2.3M
4 US Asset Management LLC 0.61% 14,626 $701K
5 Chung Wu Investment Group, LLC 0.58% 13,960 $669K
6 Avaii Wealth Management, LLC 0.42% 24,864 $1.2M
7 Integrated Wealth Concepts LLC 0.23% 599,610 $28.8M
8 Morse Asset Management, Inc 0.18% 17,747 $851K
9 J.E. Simmons & Co., P.C. 0.17% 5,324 $255K
10 Plotkin Financial Advisors, LLC 0.11% 4,740 $227K
11 Tower Research Capital LLC (TRC) 0.11% 87,711 $4.2M
12 Fortitude Advisory Group L.L.C. 0.10% 4,866 $233K
13 Concentrum Wealth Management 0.07% 4,940 $237K
14 Two Sigma Securities, LLC 0.05% 8,991 $431K
15 Diversify Advisory Services, LLC 0.04% 3,030 $239K
16 HUB Investment Partners, LLC 0.03% 25,220 $1.2M
17 Advisory Alpha, LLC 0.03% 20,585 $987K
18 Rothschild Wealth LLC 0.02% 4,600 $221K
19 Keating Financial Advisory Services, Inc. 0.02% 2,240 $107K
20 Valeo Financial Advisors, LLC 0.01% 9,200 $441K
21 Moors & Cabot, Inc. 0.01% 4,854 $233K
22 Blair William & Co/Il 0.01% 58,407 $2.8M
23 XTX Topco Ltd 0.01% 9,429 $452K
24 Spire Wealth Management 0.01% 4,395 $211K
25 Independent Financial Group, LLC 0.01% 4,813 $231K
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 (USD)

What does the Smart Money Trend signal show for USD?

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

Slight buying edge — 54% buying: Last quarter: 32 funds bought or added vs 27 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 USD holders?

Smaller funds dominant — 1% AUM from top-100: 6 of 55 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 USD?

40% of holders stayed for 2+ years: 23 out of 58 hedge funds have held USD 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.

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

As of today, USD has moved +13.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +12.9%. Since the quarter end (March 31, 2026), USD has gained +125.6% vs +13.9% for SPY. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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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