Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Proshares Tr (SDOW)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
1Q ▲
Buyers last Q
47%

Smart Money Signals — SDOW

Based on 28 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 SDOW 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
28 hedge funds hold SDOW right now — the highest count in 2.0 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
+3 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. The peak was reached in just 4 quarters from the low — a sharp move.
🟠

More sellers than buyers — 47% buying

15 buying17 selling
Last quarter: 17 funds reduced or exited vs 15 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~8 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 8 → 10 → 9 → 8. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 32% entered in last year

■ 11% conviction (2yr+) ■ 57% medium ■ 32% new
Only 3 funds (11%) 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.
💎

Buying through price weakness — shares +11%, value -23%

Value
-23%
Shares
+11%
Last quarter: funds added +11% more shares while total portfolio value only changed -23%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~8 new funds/quarter

6 → 8 → 10 → 9 → 8 new funds/Q
New funds entering each quarter: 8 → 10 → 9 → 8. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 3% veterans, 32% new entrants

■ 3% veterans ■ 65% 1-2yr ■ 32% new
Of 34 current holders: 1 (3%) held 2+ years, 22 held 1–2 years, 11 (32%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 34% AUM from major funds

34% from top-100 AUM funds
8 of 28 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
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 — SDOW

In 2026 Q2, 15 hedge funds were net buyers of SDOW (8 opened a new position, 7 added to an existing one), while 17 reduced or exited (11 trimmed, 6 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. 34% of total institutional value in SDOW is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 28.

Hedge Fund Ownership: SDOW

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

Market Analysis: SDOW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SDOW

-- --

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: SDOW
28 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 28 26 7.69%
13F Shares 2M 2M 11.2%
Total Value $48M $62M -22.99%
New Positions 8 9 -1
Increased Positions 6 6 -
Closed Positions 6 11 -5
Reduced Positions 9 6 +3
Total Calls 3 3 -
Total Puts 3 3 -
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: SDOW

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Valuation Measures Data as of: --

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Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

28 + investors

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

QUARTER:
Top 25 SDOW holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Capstone Capital Management Ltd 0.13% 12,379 $299K
2 Jump Financial, LLC 0.04% 54,634 $2.9M
3 Gts Securities LLC 0.02% 44,907 $1.1M
4 Tower Research Capital LLC (TRC) 0.01% 23,823 $576K
5 XTX Topco Ltd 0.00% 13,537 $327K
6 Hrt Financial LP 0.00% 82,502 $2.0M
7 Hollencrest Capital Management 0.00% 1,725 $42K
8 Caitlin John, LLC 0.00% 185 $4K
9 Squarepoint Ops LLC 0.00% 57,492 $1.4M
10 Citadel Advisors LLC 0.00% 525,275 $12.7M
11 Susquehanna International Group, LLP 0.00% 396,800 $9.6M
12 Group One Trading LLC 0.00% 21,236 $513K
13 Simplex Trading, LLC 0.00% 46,294 $1.1M
14 IMC-Chicago, LLC 0.00% 102,000 $2.5M
15 Westend Capital Management, LLC 0.00% 99 $2K
16 Belvedere Trading LLC 0.00% 14,675 $355K
17 Susquehanna International Group, LLP 0.00% 172,572 $4.2M
18 Focus Partners Wealth 0.00% 12,589 $304K
19 Citadel Advisors LLC 0.00% 83,982 $2.0M
20 Parallel Advisors, LLC 0.00% 622 $15K
21 Goldman Sachs Group Inc 0.00% 71,824 $1.7M
22 SBI Securities Co., Ltd. 0.00% 269 $7K
23 Citadel Advisors LLC 0.00% 38,075 $920K
24 Jane Street Group, LLC 0.00% 40,400 $976K
25 Jane Street Group, LLC 0.00% 35,382 $855K
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 (SDOW)

What does the Smart Money Trend signal show for SDOW?

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

More sellers than buyers — 47% buying: Last quarter: 17 funds reduced or exited vs 15 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for SDOW holders?

Strong quality — 34% AUM from major funds: 8 of 28 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held SDOW?

Mostly new holders — 32% entered in last year: Only 3 funds (11%) 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.

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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