Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Proshares Tr II (UVXY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -4
Streak
2Q ▼
Buyers last Q
39%

Smart Money Signals — UVXY

Based on 29 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 UVXY 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 62% of 3.0Y high

62% of all-time peak
Only 29 funds hold UVXY today versus a peak of 47 funds at 2025 Q2 — just 62% 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 — 37% fewer funds vs a year ago

fund count last 6Q
17 fewer hedge funds hold UVXY compared to a year ago (-37% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 39% buying

15 buying23 selling
Last quarter: 23 funds sold vs only 15 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 14 → 14 → 11 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 28% entered in last year

■ 21% conviction (2yr+) ■ 52% medium ■ 28% new
Only 6 funds (21%) 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.
💰

Value +83% but shares only +27% — price-driven

Value
+82%
Shares
+26%
Last quarter: the total dollar value of institutional holdings rose +83%, but actual share count only changed +27%. 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.
📊

Peak discovery — momentum slowing

17 → 14 → 14 → 11 → 7 new funds/Q
New funds entering each quarter: 14 → 14 → 11 → 7. UVXY is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
📊

Mixed cohorts — 6% veterans, 36% new entrants

■ 6% veterans ■ 58% 1-2yr ■ 36% new
Of 36 current holders: 2 (6%) held 2+ years, 21 held 1–2 years, 13 (36%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 93% AUM from top-100 funds

93% from top-100 AUM funds
7 of 29 holders are among the 100 largest funds by AUM, controlling 93% of total institutional value in UVXY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.3
out of 10
Low Exit Risk
Exit risk score 2.3/10 — 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 — UVXY

In 2026 Q1, 15 hedge funds were net buyers of UVXY (7 opened a new position, 8 added to an existing one), while 23 reduced or exited (12 trimmed, 11 sold completely) — a 39% buyer ratio, indicating net institutional distribution. Net selling has persisted for two consecutive quarters. 93% of total institutional value in UVXY is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -4 funds (more exits than new entries). Total institutional holders: 29.

Hedge Fund Ownership: UVXY

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

Market Analysis: UVXY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: UVXY

-- --

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

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

Signal Freshness measures how much UVXY 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
UVXY
-50.6%
SPY
+15.9%

UVXY outperformed SPY by -66.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
UVXY
-27.7%
SPY
+2.0%

Since the filing became public, UVXY outperformed SPY by -29.7% .

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.

0 top-rated funds 0 high-conviction
Consensus
0.0
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: UVXY
29 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 29 33 -12.12%
13F Shares 12M 9M 26.52%
Total Value $606M $332M 82.55%
New Positions 7 11 -4
Increased Positions 7 1 +6
Closed Positions 11 25 -14
Reduced Positions 10 20 -10
Total Calls 5 4 25.0%
Total Puts 6 5 20.0%
PUT/CALL Ratio 1.2 1.25 Neutral

Statistics: UVXY

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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

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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

29 + investors

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

QUARTER:
Top 25 UVXY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 HCEP Management Ltd 16.03% 247,188 $12.9M
2 Rpo LLC 2.31% 14,300 $748K
3 Ramsey Quantitative Systems 0.61% 11,280 $590K
4 Lighthouse Investment Partners, LLC 0.09% 50,000 $2.6M
5 Susquehanna International Group, LLP 0.02% 3,725,700 $194.9M
6 State of Wisconsin Investment Board 0.02% 178,340 $9.3M
7 Hrt Financial LP 0.02% 137,051 $7.2M
8 Rhl Group, LLC 0.02% 352 $18K
9 Citadel Advisors LLC 0.01% 1,481,640 $77.5M
10 Innovative Asset Advisors Group, LLC 0.01% 400 $21K
11 DV Trading LLC 0.01% 8,224 $430K
12 Susquehanna International Group, LLP 0.01% 1,653,400 $86.5M
13 Healthcare of Ontario Pension Plan Trust Fund 0.01% 100,000 $5.2M
14 Jane Street Group, LLC 0.01% 1,119,940 $58.6M
15 Jane Street Group, LLC 0.01% 782,080 $40.9M
16 Boothbay Fund Management, LLC 0.00% 7,200 $377K
17 Citadel Advisors LLC 0.00% 548,600 $28.7M
18 Two Sigma Investments, LP 0.00% 79,385 $4.2M
19 Goldman Sachs Group Inc 0.00% 450,032 $23.5M
20 Susquehanna International Group, LLP 0.00% 432,185 $22.6M
21 Citadel Advisors LLC 0.00% 265,215 $13.9M
22 Group One Trading LLC 0.00% 14,574 $762K
23 EverSource Wealth Advisors, LLC 0.00% 375 $40K
24 Jane Street Group, LLC 0.00% 123,130 $6.4M
25 Wealth Enhancement Advisory Services, LLC 0.00% 6,457 $326K
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 II (UVXY)

What does the Smart Money Trend signal show for UVXY?

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

Heavy selling pressure — only 39% buying: Last quarter: 23 funds sold vs only 15 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 UVXY holders?

Elite ownership — 93% AUM from top-100 funds: 7 of 29 holders are among the 100 largest funds by AUM, controlling 93% of total institutional value in UVXY. 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 UVXY?

Mostly new holders — 28% entered in last year: Only 6 funds (21%) 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 II (UVXY) following the 2026 Q1 hedge fund 13F filings?

As of today, UVXY has moved -27.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -29.7%. Since the quarter end (March 31, 2026), UVXY has gained -50.6% 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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