Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Proshares Tr (NOBL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +20
Streak
5Q ▲
Buyers last Q
90%

Smart Money Signals — NOBL

Based on 836 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added NOBL 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
836 hedge funds hold NOBL 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 — +12% more funds vs a year ago

fund count last 6Q
+88 new funds entered over the past year (+12% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 90% buying

807 buying86 selling
Last quarter: 807 funds were net buyers (80 opened a brand new position + 727 added to an existing one). Only 86 were sellers (26 trimmed + 60 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new NOBL position: 58 → 113 → 74 → 80. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 19% medium ■ 19% new
520 out of 836 hedge funds have held NOBL 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 +102%, value +7%

Value
+6%
Shares
+101%
Last quarter: funds added +102% more shares while total portfolio value only changed +7%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~80 new funds/quarter

61 → 58 → 113 → 74 → 80 new funds/Q
New funds entering each quarter: 58 → 113 → 74 → 80. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 64% veterans vs 22% newcomers

■ 64% veterans ■ 14% 1-2yr ■ 22% new
Entry-cohort mix of 842 holders: 542 (64%) are 2+ year veterans, 116 entered 1–2 years ago, and 184 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 49% AUM from top-100 funds

49% from top-100 AUM funds
34 of 835 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in NOBL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 — NOBL

In 2026 Q2, 807 hedge funds were net buyers of NOBL (80 opened a new position, 727 added to an existing one), while 86 reduced or exited (26 trimmed, 60 sold completely) — a 90% buyer ratio, indicating clear institutional accumulation. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 49% of total institutional value in NOBL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +20 funds (more new holders than closures). Total institutional holders: 836.

Hedge Fund Ownership: NOBL

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

Market Analysis: NOBL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NOBL

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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.

20 top-rated funds 19 high-conviction
Consensus
5.7
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: NOBL
835 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 835 816 2.33%
13F Shares 99M 49M 101.83%
Total Value $5.43B $5.08B 6.87%
New Positions 80 74 +6
Increased Positions 727 263 +464
Closed Positions 60 63 -3
Reduced Positions 24 316 -292
Total Calls 3 3 -
Total Puts 4 3 33.33%
PUT/CALL Ratio 1.33 1.0 Bearish

Statistics: NOBL

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Institutional Holders (2026 Q2)

835 + investors

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

QUARTER:
Top 25 NOBL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Pacific Wealth Strategies Group, Inc. 13.43% 415,994 $23.4M
2 Valtrion Capital Management, LLC 11.42% 273,267 $15.3M
3 IAM Advisory, LLC 8.49% 775,768 $43.6M
4 Syntax Research, INC. 6.88% 167,585 $9.4M
5 Benchmark Financial, LLC 6.83% 149,267 $8.4M
6 Landmark Wealth Management, LLC 5.36% 398,540 $22.4M
7 Carroll Advisory Group, LLC 5.09% 275,925 $15.5M
8 ForthRight Wealth Management, LLC 4.67% 325,163 $18.3M
9 Independent Wealth Advisors LLC 4.65% 91,602 $5.1M
10 Galilei Investment Office LLP 4.53% 175,902 $9.9M
11 McElhenny Sheffield Capital Management, LLC 4.47% 321,247 $18.0M
12 Carmel Capital Partners, LLC 4.34% 234,338 $13.2M
13 Carrera Capital Advisors 3.78% 454,641 $25.5M
14 Mowery & Schoenfeld Wealth Management, LLC 3.78% 49,403 $2.8M
15 Smith Shellnut Wilson LLC /Adv 3.63% 90,865 $9.5M
16 Summit Financial Wealth Advisors, LLC 3.60% 501,346 $28.2M
17 Viawealth, LLC 3.36% 118,800 $6.7M
18 Glen Eagle Advisors, LLC 3.34% 471,370 $26.5M
19 Rockland Trust Co 3.30% 1,498,301 $84.1M
20 WMS Group LLC 3.29% 45,478 $2.6M
21 Ted Buchan & Co 2.95% 160,373 $9.0M
22 Gerald Baker Financial Group LLC 2.89% 180,611 $10.1M
23 MRWM Advisors, LLC 2.85% 123,631 $6.9M
24 Allred Capital Management, LLC 2.83% 153,719 $8.6M
25 Joseph P. Lucia & Associates, LLC 2.62% 154,967 $8.7M
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 (NOBL)

What does the Smart Money Trend signal show for NOBL?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added NOBL 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 NOBL?

More buyers than sellers — 90% buying: Last quarter: 807 funds were net buyers (80 opened a brand new position + 727 added to an existing one). Only 86 were sellers (26 trimmed + 60 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NOBL holders?

Elite ownership — 49% AUM from top-100 funds: 34 of 835 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in NOBL. 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 NOBL?

62% of holders stayed for 2+ years: 520 out of 836 hedge funds have held NOBL 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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