Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

PROSHARES TR (TOLZ)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -4
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — TOLZ

Based on 54 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their TOLZ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 93% of 3.0Y peak

93% of all-time peak
54 funds currently hold this stock — 93% of the 3.0-year high of 58 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +29% more funds vs a year ago

fund count last 6Q
+12 new funds entered over the past year (+29% 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. The peak was reached in just 3 quarters from the low — a sharp move.
🟠

More sellers than buyers — 47% buying

23 buying26 selling
Last quarter: 26 funds reduced or exited vs 23 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 — ~5 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 18 → 8 → 7 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 28% medium ■ 17% new
30 out of 54 hedge funds have held TOLZ 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.
⚠️

Saturation — most institutions already know this story

5 → 18 → 8 → 7 → 5 new funds/Q
New funds entering each quarter: 18 → 8 → 7 → 5. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️

Deep conviction — 59% of holders stayed 2+ years

■ 59% veterans ■ 9% 1-2yr ■ 31% new
Of 54 current holders: 32 (59%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 44% AUM from top-100 funds

44% from top-100 AUM funds
10 of 54 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in TOLZ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — TOLZ

In 2025 Q4, 23 hedge funds were net buyers of TOLZ (5 opened a new position, 18 added to an existing one), while 26 reduced or exited (17 trimmed, 9 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. 44% of total institutional value in TOLZ 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: 54.

Hedge Fund Ownership: TOLZ

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

Market Analysis: TOLZ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TOLZ

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 0 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: TOLZ
2026 Q1 Stats Unlock in 5 days 54 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 54 58 -6.9%
13F Shares 3M 2M 20.16%
Total Value $138M $115M 20.24%
New Positions 5 7 -2
Increased Positions 18 20 -2
Closed Positions 9 4 +5
Reduced Positions 17 18 -1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: TOLZ

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

Financial Highlights

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Institutional Holders (2026 Q1)

54 + investors

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

Top 25 institutional holders of TOLZ — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Fortis Advisors, LLC 1.58% 52,618 $3.2M
2 Aprio Wealth Management, LLC 1.27% 386,498 $23.2M
3 Allodium Investment Consultants, LLC 0.96% 33,294 $2.0M
4 Aaron Wealth Advisors LLC 0.70% 206,343 $12.4M
5 Paladin Wealth, LLC 0.61% 14,677 $880K
6 Gradient Investments LLC 0.32% 340,717 $20.4M
7 Mattson Financial Services, LLC 0.16% 11,258 $675K
8 Pitcairn Wealth Advisors LLC 0.16% 32,241 $1.7M
9 PITCAIRN CO 0.10% 22,860 $1.2M
10 Paragon Capital Management Ltd 0.09% 7,220 $433K
11 First Citizens Asset Management, Inc. 0.08% 3,655 $219K
12 SeaCrest Wealth Management, LLC 0.06% 9,594 $575K
13 FIRST CITIZENS BANK & TRUST CO 0.04% 34,795 $2.1M
14 J.W. COLE ADVISORS, INC. 0.04% 21,361 $1.3M
15 First Financial Bank - Trust Division 0.04% 7,327 $439K
16 Capital Advisors, Ltd. LLC 0.02% 3,600 —
17 SVB WEALTH LLC 0.02% 6,018 $361K
18 Vestcor Inc 0.02% 13,806 —
19 Brentview Investment Management LLC 0.02% 800 $48K
20 Koshinski Asset Management, Inc. 0.02% 5,222 $313K
21 Bell Bank 0.02% 7,000 $420K
22 Envestnet Portfolio Solutions, Inc. 0.01% 35,745 $2.1M
23 Strategic Wealth Partners, Ltd. 0.01% 2,625 $157K
24 JOHNSON INVESTMENT COUNSEL INC 0.01% 13,635 $818K
25 Sanctuary Advisors, LLC 0.00% 10,460 $627K
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 (TOLZ)

What does the Smart Money Trend signal show for TOLZ?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their TOLZ 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 TOLZ?

More sellers than buyers — 47% buying: Last quarter: 26 funds reduced or exited vs 23 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 TOLZ holders?

Elite ownership — 44% AUM from top-100 funds: 10 of 54 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in TOLZ. 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 TOLZ?

56% of holders stayed for 2+ years: 30 out of 54 hedge funds have held TOLZ 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.