Who owns ProShares - UltraShort Gold (GLL)
Which tracked institutional funds hold GLL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See GLL company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
7 tracked funds added or opened GLL while 7 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
GLL’s largest tracked holder by dollar value, Saba Capital Management, L.P., sizes it at 0.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in GLL divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 15 tracked filers holding GLL, 9 increased or opened the position and 12 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in GLL between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 2
- IMC-Chicago, LLC$4M
- TWO SIGMA SECURITIES, LLC$811K
Full exits 4
- JANE STREET GROUP, LLC$2M
- FLOW TRADERS U.S. LLC$2M
- Genesis Financial Group, LLC$694K
- Jump Financial, LLC$682K
Largest adds
- SIMPLEX TRADING, LLC$2M
- MOULTON WEALTH MANAGEMENT, INC$2M
- Quadrature Capital Ltd$916K
- MORGAN STANLEY$436K
- Wise Wealth Partners$302K
Largest trims
- Hamilton Wealth, LLC$2M
- RAFFLES ASSOCIATES LP$2M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$329K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| SIMPLEX TRADING, LLC added | 194,290 | $5M | 11.7% | 2026-Q2 |
| MOULTON WEALTH MANAGEMENT, INC added | 164,115 | $4M | 9.7% | 2026-Q2 |
| IMC-Chicago, LLC added | 141,750 | $4M | 8.6% | 2026-Q2 |
| Quadrature Capital Ltd added | 83,725 | $2M | 5.1% | 2026-Q2 |
| Hamilton Wealth, LLC trimmed | 66,833 | $2M | 4.0% | 2026-Q2 |
| Wise Wealth Partners trimmed | 57,940 | $2M | 3.5% | 2026-Q2 |
| RAFFLES ASSOCIATES LP trimmed | 40,000 | $1M | 2.4% | 2026-Q2 |
| TWO SIGMA SECURITIES, LLC added | 30,070 | $811K | 1.8% | 2026-Q2 |
| MORGAN STANLEY added | 17,223 | $465K | 1.0% | 2026-Q2 |
| MISSION WEALTH MANAGEMENT, LP | 14,500 | $391K | 0.9% | 2026-Q2 |
| StoneX Group Inc. new | 15,998 | $338K | 0.8% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 7,456 | $201K | 0.5% | 2026-Q2 |
| NewEdge Advisors, LLC | 2,939 | $79K | 0.2% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 662 | $18K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 200 | $5K | 0.0% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 111,821 | $2M | 5.1% | 2026-Q1 stale (1 quarter behind) |
| FLOW TRADERS U.S. LLC new | 83,341 | $2M | 3.8% | 2026-Q1 stale (1 quarter behind) |
| Genesis Financial Group, LLC trimmed | 34,384 | $694K | 1.6% | 2026-Q1 stale (1 quarter behind) |
| Jump Financial, LLC trimmed | 33,816 | $682K | 1.5% | 2026-Q1 stale (1 quarter behind) |
| GROUP ONE TRADING LLC new | 18,138 | $366K | 0.8% | 2026-Q1 stale (1 quarter behind) |
| OneDigital Investment Advisors LLC new | 14,000 | $283K | 0.6% | 2026-Q1 stale (1 quarter behind) |
| XTX Topco Ltd new | 13,593 | $274K | 0.6% | 2026-Q1 stale (1 quarter behind) |
| Saba Capital Management, L.P. new | 362,475 | $9M | 21.2% | 2025-Q4 stale (2 quarters behind) |
| SIGNATUREFD, LLC trimmed | 100 | $3K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| EverSource Wealth Advisors, LLC new | 27 | $706 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| CITADEL ADVISORS LLC trimmed | 247,817 | $4M | 9.2% | 2025-Q3 stale (3 quarters behind) |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 21,788 | $363K | 0.8% | 2025-Q3 stale (3 quarters behind) |
| ORG Partners LLC new | 973 | $16K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Strategic Investment Solutions, Inc. /IL new | 600 | $10K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| UBS Group AG trimmed | 13 | $216 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| SYKON CAPITAL LLC new | 71,678 | $2M | 3.6% | 2025-Q2 stale (4 quarters behind) |
| HRT FINANCIAL LP new | 9,716 | $216K | 0.5% | 2025-Q2 stale (4 quarters behind) |
| BANK OF AMERICA CORP /DE/ new | 8,307 | $185K | 0.4% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. new | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.