PROSHARES TR (ITWO): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy PROSHARES TR (ITWO) following the 2026 Q1 hedge fund 13F filings?

As of today, ITWO has moved +4.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.5% for the SPY sector ETF — an outperformance of +3.1%. Since the quarter end (March 31, 2026), ITWO gained +19.0% vs +15.4% 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.

PROSHARES TR (ITWO)

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

Smart Money Signals — ITWO

Based on 29 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q

For 3 consecutive quarters, more hedge funds added ITWO 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.

🔻

Below peak — only 36% of 3.0Y high

36% of all-time peak

Only 29 funds hold ITWO today versus a peak of 80 funds at 2009 Q3 — just 36% 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.

🚀

Fast accumulation — +93% more funds vs a year ago

fund count last 6Q

+14 new funds entered over the past year (+93% 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.

🟢

More buyers than sellers — 77% buying

20 buying6 selling

Last quarter: 20 funds were net buyers (6 opened a brand new position + 14 added to an existing one). Only 6 were sellers (4 trimmed + 2 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 1 → 6 → 8 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔄

Mostly new holders — 48% entered in last year

■ 17% conviction (2yr+) ■ 34% medium ■ 48% new

Only 5 funds (17%) 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 — ~6 new funds/quarter

3 → 1 → 6 → 8 → 6 new funds/Q

New funds entering each quarter: 1 → 6 → 8 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🌱

Early stage — 55% of holders entered in last year

■ 24% veterans ■ 21% 1-2yr ■ 55% new

Of 29 current holders: 16 (55%) entered in the past year, only 7 (24%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.

🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds

7 of 29 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in ITWO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

2.5

out of 10

Low Exit Risk

Exit risk score 2.5/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	29	25	16.0%
13F Shares	2M	2M	43.92%
Total Value	$85M	$62M	38.8%
New Positions	6	8	-2
Increased Positions	14	8	+6
Closed Positions	2	2	-
Reduced Positions	4	2	+2
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

16.0%

13F Shares

43.92%

Total Value

$85M

$62M

38.8%

New Positions

-2

Increased Positions

Closed Positions

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

29 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 institutional holders of ITWO — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	SageGuard Financial Group, LLC	0.48%	77,207	$3.1M
2	Hennion & Walsh Asset Management, Inc.	0.28%	210,743	$8.4M
3	MJP ASSOCIATES INC /ADV	0.22%	44,699	$1.8M
4	Prosperity Financial Group, Inc.	0.21%	14,166	$564K
5	Bleakley Financial Group, LLC	0.13%	214,261	$8.5M
6	Advisor OS, LLC	0.13%	44,699	$1.8M
7	ENDEAVOR PRIVATE WEALTH, INC.	0.12%	10,859	$432K
8	Kingsview Wealth Management, LLC	0.04%	72,929	$2.9M
9	Ulland Investment Advisors, LLC	0.03%	750	—
10	Sunbelt Securities, Inc.	0.02%	7,907	$315K
11	PFG Investments, LLC	0.02%	9,642	$384K
12	Steward Partners Investment Advisory, LLC	0.02%	76,673	$3.1M
13	Stratos Wealth Partners, LTD.	0.01%	11,325	$451K
14	SG Americas Securities, LLC	0.00%	100,000	$4K
15	GOLDMAN SACHS GROUP INC	0.00%	647,959	$25.8M
16	LPL Financial LLC	0.00%	248,966	$9.9M
17	Integrated Wealth Concepts LLC	0.00%	7,903	$314K
18	RAYMOND JAMES FINANCIAL INC	0.00%	177,637	$7.1M
19	Larson Financial Group LLC	0.00%	1,600	$64K
20	Equitable Holdings, Inc.	0.00%	7,721	$307K
21	BARCLAYS PLC	0.00%	100,000	$4.0M
22	Focus Partners Wealth	0.00%	—	$666K
23	US BANCORP \DE\	0.00%	12,775	$508K
24	UBS Group AG	0.00%	100,000	$4.0M
25	PNC FINANCIAL SERVICES GROUP, INC.	0.00%	5,118	$204K

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 (ITWO)

What does the Smart Money Trend signal show for ITWO?

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

More buyers than sellers — 77% buying: Last quarter: 20 funds were net buyers (6 opened a brand new position + 14 added to an existing one). Only 6 were sellers (4 trimmed + 2 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ITWO holders?

Elite ownership — 53% AUM from top-100 funds: 7 of 29 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in ITWO. 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 ITWO?

Mostly new holders — 48% entered in last year: Only 5 funds (17%) 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 (ITWO) following the 2026 Q1 hedge fund 13F filings?

As of today, ITWO has moved +4.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.5% for the SPY sector ETF — an outperformance of +3.1%. Since the quarter end (March 31, 2026), ITWO has gained +19.0% vs +15.4% 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.

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PROSHARES TR (ITWO)

Smart Money Signals — ITWO

Buying streak — 3 quarters in a row

Below peak — only 36% of 3.0Y high

Fast accumulation — +93% more funds vs a year ago

More buyers than sellers — 77% buying

Steady new buyers — ~6 new funds per quarter

Mostly new holders — 48% entered in last year

Steady discovery — ~6 new funds/quarter

Early stage — 55% of holders entered in last year

Elite ownership — 53% AUM from top-100 funds

Institutional Sentiment Summary — ITWO

Hedge Fund Ownership: ITWO

Market Analysis: ITWO

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: ITWO

Is It Too Late to Buy PROSHARES TR (ITWO) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: ITWO

Statistics: ITWO

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — PROSHARES TR (ITWO)

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