Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

PROSHARES TR (SPXT)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
2Q ▲
Buyers last Q
65%

Smart Money Signals — SPXT

Based on 27 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added SPXT 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
27 hedge funds hold SPXT 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 — +59% more funds vs a year ago

fund count last 6Q
+10 new funds entered over the past year (+59% 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 — 65% buying

17 buying9 selling
Last quarter: 17 funds were net buyers (9 opened a brand new position + 8 added to an existing one). Only 9 were sellers (7 trimmed + 2 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~9 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 4 → 4 → 8 → 9. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 37% long-term, 48% new

■ 37% conviction (2yr+) ■ 15% medium ■ 48% new
Of the 27 current holders: 10 (37%) held >2 years, 4 held 1–2 years, and 13 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
➡️

Steady discovery — ~9 new funds/quarter

5 → 4 → 4 → 8 → 9 new funds/Q
New funds entering each quarter: 4 → 4 → 8 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 39% veterans, 46% new entrants

■ 39% veterans ■ 14% 1-2yr ■ 46% new
Of 28 current holders: 11 (39%) held 2+ years, 4 held 1–2 years, 13 (46%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 24% AUM from major funds

24% from top-100 AUM funds
13 of 27 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.0
out of 10
Moderate Exit Risk
Exit risk score 5.0/10 — 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 — SPXT

In 2025 Q4, 17 hedge funds were net buyers of SPXT (9 opened a new position, 8 added to an existing one), while 9 reduced or exited (7 trimmed, 2 sold completely) — a 65% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 24% of total institutional value in SPXT is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 27.

Hedge Fund Ownership: SPXT

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

Market Analysis: SPXT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SPXT

-- --

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.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: SPXT
2026 Q1 Stats Unlock in 1 days 27 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 27 19 42.11%
13F Shares 245K 206K 18.85%
Total Value $25M $21M 22.45%
New Positions 9 7 +2
Increased Positions 8 5 +3
Closed Positions 1 4 -3
Reduced Positions 7 4 +3
Total Calls 1 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SPXT

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

27 + investors

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

QUARTER:
Top 25 institutional holders of SPXT — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 ARMSTRONG ADVISORY GROUP, INC 1.50% 220,005 $22.3M
2 Ascentis Independent Advisors 0.17% 22,443 $2.3M
3 Long Island Wealth Management, Inc. 0.17% 3,578 $362K
4 Kingsview Wealth Management, LLC 0.10% 72,777 $7.4M
5 AMJ Financial Wealth Management 0.10% 4,094 $415K
6 HENGEHOLD CAPITAL MANAGEMENT LLC 0.02% 2,725 $276K
7 Beacon Pointe Advisors, LLC 0.00% 7,200 $729K
8 &PARTNERS 0.00% 2,993 $303K
9 Creative Planning 0.00% 19,305 $2.0M
10 CITIGROUP INC 0.00% 28,688 $2.9M
11 EP Wealth Advisors, LLC 0.00% 2,391 $242K
12 OSAIC HOLDINGS, INC. 0.00% 3,182 $322K
13 Betterment LLC 0.00% 2,244 —
14 COMMONWEALTH EQUITY SERVICES, LLC 0.00% 2,386 $242K
15 LPL Financial LLC 0.00% 10,223 $1.0M
16 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 13,880 $1.4M
17 RAYMOND JAMES FINANCIAL INC 0.00% 3,986 $404K
18 CITADEL ADVISORS LLC 0.00% 5,292 $536K
19 CITADEL ADVISORS LLC 0.00% 2,800 $284K
20 BANK OF MONTREAL /CAN/ 0.00% 628 $64K
21 Larson Financial Group LLC 0.00% 5 —
22 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% 190 $19K
23 CWM, LLC 0.00% 8 —
24 WELLS FARGO & COMPANY/MN 0.00% 50 $5K
25 MORGAN STANLEY 0.00% 116 $12K
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 (SPXT)

What does the Smart Money Trend signal show for SPXT?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added SPXT 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 SPXT?

More buyers than sellers — 65% buying: Last quarter: 17 funds were net buyers (9 opened a brand new position + 8 added to an existing one). Only 9 were sellers (7 trimmed + 2 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SPXT holders?

Strong quality — 24% AUM from major funds: 13 of 27 holders rank in the top 100 by AUM, accounting for 24% 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 SPXT?

Mixed — 37% long-term, 48% new: Of the 27 current holders: 10 (37%) held >2 years, 4 held 1–2 years, and 13 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

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.