Who owns ProShares Short S&P500 (SH)
Which tracked institutional funds hold SH, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SH company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-18). 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
The tracked-fund tape on SH is one-sided between 2026-Q1 and 2026-Q2: 17 added or opened and 56 trimmed or exited — on balance reducing.
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
SH’s largest tracked holder by dollar value, Stack Financial Management, Inc, sizes it at 7.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 7.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SH 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 110 tracked filers holding SH, 56 increased or opened the position and 83 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 SH 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 6
- AXXCESS WEALTH MANAGEMENT, LLC$10M
- DRW Securities, LLC$10M
- STERLING INVESTMENT MANAGEMENT, LLC$8M
- Hedges Asset Management LLC$2M
- Sidoxia Capital Management, LLC$1M
- Alpha Advisors, LLC/VA$583K
Full exits 31
- Ryan Investment Management, Inc.$34M
- Robertson Stephens Wealth Management, LLC$23M
- Three Seasons Wealth, LLC$21M
- FOURPATH CAPITAL MANAGEMENT, LLC$18M
- HighTower Advisors, LLC$16M
- Kaydan Wealth Management, Inc.$15M
Largest adds
- JANE STREET GROUP, LLC$12M
- Jump Financial, LLC$7M
- IMC-Chicago, LLC$7M
- MORGAN STANLEY$4M
- Vontobel Holding Ltd.$2M
- GOLDMAN SACHS GROUP INC$2M
Largest trims
- Stack Financial Management, Inc$53M
- UBS Group AG$17M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$17M
- Arete Wealth Advisors, LLC$10M
- Rothschild Capital Partners, LLC$9M
- Mariner, LLC$6M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Stack Financial Management, Inc trimmed | 2,776,433 | $92M | 24.8% | 2026-Q2 |
| MORGAN STANLEY added | 2,486,327 | $82M | 22.2% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 458,269 | $15M | 4.1% | 2026-Q2 |
| Focus Partners Wealth added | 434,134 | $14M | 3.9% | 2026-Q2 |
| Stratos Wealth Advisors, LLC trimmed | 431,591 | $14M | 3.9% | 2026-Q2 |
| AXXCESS WEALTH MANAGEMENT, LLC added | 309,272 | $10M | 2.8% | 2026-Q2 |
| Jump Financial, LLC added | 304,263 | $10M | 2.7% | 2026-Q2 |
| DRW Securities, LLC added | 303,703 | $10M | 2.7% | 2026-Q2 |
| IMC-Chicago, LLC added | 244,436 | $8M | 2.2% | 2026-Q2 |
| GUARDIAN WEALTH ADVISORS, LLC / NC added | 233,122 | $8M | 2.1% | 2026-Q2 |
| STERLING INVESTMENT MANAGEMENT, LLC added | 230,707 | $8M | 2.1% | 2026-Q2 |
| UBS Group AG trimmed | 196,849 | $6M | 1.8% | 2026-Q2 |
| Vontobel Holding Ltd. added | 158,166 | $5M | 1.4% | 2026-Q2 |
| Cetera Investment Advisers added | 154,750 | $5M | 1.4% | 2026-Q2 |
| LPL Financial LLC added | 154,363 | $5M | 1.4% | 2026-Q2 |
| CHATHAM CAPITAL GROUP, INC. trimmed | 145,615 | $5M | 1.3% | 2026-Q2 |
| Axiom Investment Management LLC trimmed | 137,921 | $5M | 1.2% | 2026-Q2 |
| ONE PLUS ONE WEALTH MANAGEMENT, LLC trimmed | 116,890 | $4M | 1.0% | 2026-Q2 |
| Perigon Wealth Management, LLC added | 113,804 | $4M | 1.0% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 109,501 | $4M | 1.0% | 2026-Q2 |
| Capital Wealth Planning, LLC added | 93,608 | $3M | 0.8% | 2026-Q2 |
| AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP added | 92,223 | $3M | 0.8% | 2026-Q2 |
| Belpointe Asset Management LLC trimmed | 85,162 | $3M | 0.8% | 2026-Q2 |
| Advisory Services Network, LLC trimmed | 68,558 | $2M | 0.6% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 65,866 | $2M | 0.6% | 2026-Q2 |
| Verity Asset Management, Inc. added | 64,967 | $2M | 0.6% | 2026-Q2 |
| Hedges Asset Management LLC trimmed | 64,200 | $2M | 0.6% | 2026-Q2 |
| J. Safra Sarasin Holding AG | 60,510 | $2M | 0.6% | 2026-Q2 |
| Virtue Capital Management, LLC added | 60,424 | $2M | 0.5% | 2026-Q2 |
| Tidal Investments LLC trimmed | 58,619 | $2M | 0.5% | 2026-Q2 |
| Commonwealth Financial Services, LLC | 57,642 | $2M | 0.5% | 2026-Q2 |
| Per Stirling Capital Management, LLC. trimmed | 53,339 | $2M | 0.5% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 45,485 | $2M | 0.4% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 42,069 | $1M | 0.4% | 2026-Q2 |
| B. Riley Wealth Advisors, Inc. added | 41,563 | $1M | 0.4% | 2026-Q2 |
| Arete Wealth Advisors, LLC trimmed | 38,706 | $1M | 0.3% | 2026-Q2 |
| OPPENHEIMER & CO INC trimmed | 37,891 | $1M | 0.3% | 2026-Q2 |
| Ballew Advisors, Inc added | 36,782 | $1M | 0.3% | 2026-Q2 |
| AXS Investments LLC trimmed | 31,500 | $1M | 0.3% | 2026-Q2 |
| Sidoxia Capital Management, LLC new | 30,760 | $1M | 0.3% | 2026-Q2 |
| Mariner, LLC trimmed | 28,972 | $957K | 0.3% | 2026-Q2 |
| Integrated Advisors Network LLC trimmed | 26,342 | $870K | 0.2% | 2026-Q2 |
| Edge Wealth Management LLC | 23,000 | $759K | 0.2% | 2026-Q2 |
| Rothschild Capital Partners, LLC trimmed | 21,827 | $721K | 0.2% | 2026-Q2 |
| Sugar Maple Asset Management, LLC | 21,337 | $705K | 0.2% | 2026-Q2 |
| Arax Advisory Partners added | 20,762 | $686K | 0.2% | 2026-Q2 |
| CARY STREET PARTNERS FINANCIAL LLC | 20,027 | $661K | 0.2% | 2026-Q2 |
| Aviance Capital Partners, LLC trimmed | 19,000 | $627K | 0.2% | 2026-Q2 |
| GROUP ONE TRADING LLC added | 18,552 | $613K | 0.2% | 2026-Q2 |
| Vigilare Wealth Management trimmed | 18,042 | $596K | 0.2% | 2026-Q2 |
| Sepio Capital, LP added | 17,750 | $586K | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 17,726 | $585K | 0.2% | 2026-Q2 |
| Alpha Advisors, LLC/VA added | 17,655 | $583K | 0.2% | 2026-Q2 |
| Nicholas Hoffman & Company, LLC. trimmed | 15,463 | $511K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 15,265 | $508K | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP | 15,000 | $495K | 0.1% | 2026-Q2 |
| Pinnacle Financial Partners, Inc. new | 14,970 | $494K | 0.1% | 2026-Q2 |
| Creative Planning added | 14,481 | $478K | 0.1% | 2026-Q2 |
| GTS SECURITIES LLC added | 13,587 | $448K | 0.1% | 2026-Q2 |
| Kovack Advisors, Inc. trimmed | 12,350 | $408K | 0.1% | 2026-Q2 |
| Farringdon Capital, Ltd. added | 12,123 | $400K | 0.1% | 2026-Q2 |
| SUMITOMO MITSUI FINANCIAL GROUP, INC. | 12,000 | $396K | 0.1% | 2026-Q2 |
| TWO SIGMA SECURITIES, LLC trimmed | 11,919 | $394K | 0.1% | 2026-Q2 |
| RW Investment Management LLC | 11,635 | $384K | 0.1% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 10,922 | $361K | 0.1% | 2026-Q2 |
| Beacon Pointe Advisors, LLC trimmed | 9,157 | $302K | 0.1% | 2026-Q2 |
| Advanced Asset Management Advisors Inc | 8,500 | $281K | 0.1% | 2026-Q2 |
| Walleye Trading LLC new | 8,266 | $273K | 0.1% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. added | 8,000 | $264K | 0.1% | 2026-Q2 |
| Moors & Cabot, Inc. added | 8,000 | $264K | 0.1% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 8,000 | $264K | 0.1% | 2026-Q2 |
| CITIZENS FINANCIAL GROUP INC/RI added | 7,876 | $260K | 0.1% | 2026-Q2 |
| Strategic Blueprint, LLC new | 7,656 | $253K | 0.1% | 2026-Q2 |
| EASTERLY INVESTMENT PARTNERS LLC | 7,000 | $231K | 0.1% | 2026-Q2 |
| Beckerman Institutional, LLC | 6,936 | $229K | 0.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ | 6,900 | $228K | 0.1% | 2026-Q2 |
| Oxbow Advisors, LLC | 6,250 | $206K | 0.1% | 2026-Q2 |
| VIMA LLC new | 5,402 | $177K | 0.0% | 2026-Q2 |
| RAMSEY QUANTITATIVE SYSTEMS new | 4,800 | $158K | 0.0% | 2026-Q2 |
| ST GERMAIN D J CO INC | 2,750 | $91K | 0.0% | 2026-Q2 |
| WHITTIER TRUST CO OF NEVADA INC | 2,500 | $83K | 0.0% | 2026-Q2 |
| NVWM, LLC added | 2,000 | $66K | 0.0% | 2026-Q2 |
| Allworth Financial LP added | 1,792 | $59K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) trimmed | 1,619 | $53K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC new | 1,500 | $50K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 1,438 | $47K | 0.0% | 2026-Q2 |
| NEW ENGLAND ASSET MANAGEMENT INC new | 1,375 | $45K | 0.0% | 2026-Q2 |
| Smartleaf Asset Management LLC | 1,370 | $46K | 0.0% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL trimmed | 1,066 | $35K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,008 | $33K | 0.0% | 2026-Q2 |
| Golden State Wealth Management, LLC | 725 | $24K | 0.0% | 2026-Q2 |
| Silver Grove Financial Group, Inc. new | 500 | $17K | 0.0% | 2026-Q2 |
| Atlantic Union Bankshares Corp trimmed | 500 | $17K | 0.0% | 2026-Q2 |
| EFG International AG new | 500 | $17K | 0.0% | 2026-Q2 |
| NATIXIS | 399 | $13K | 0.0% | 2026-Q2 |
| Sterling Capital Management LLC | 381 | $13K | 0.0% | 2026-Q2 |
| SBI Securities Co., Ltd. trimmed | 139 | $5K | 0.0% | 2026-Q2 |
| Kozak & Associates, Inc. added | 119 | $4K | 0.0% | 2026-Q2 |
| SHP Wealth Management | 110 | $4K | 0.0% | 2026-Q2 |
| Financial Management Professionals, Inc. | 100 | $3K | 0.0% | 2026-Q2 |
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.