Who owns UPRO (UPRO)
Which tracked institutional funds hold UPRO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See UPRO company fundamentals →
Ownership as of the 2026-Q1 13F filings. 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
17 tracked funds added or opened UPRO while 36 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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
UPRO’s largest tracked holder by dollar value, POTOMAC FUND MANAGEMENT INC /ADV, sizes it at 8.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 8.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in UPRO 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 2025-Q4 and 2026-Q1, across 120 tracked filers holding UPRO, 60 increased or opened the position and 75 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 UPRO between the 2025-Q4 and 2026-Q1 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 7
- IMC-Chicago, LLC$3M
- PNC FINANCIAL SERVICES GROUP, INC.$3M
- GTS SECURITIES LLC$2M
- Squarepoint Ops LLC$2M
- MFG WEALTH MANAGEMENT, INC.$2M
- Meridian Wealth Management, LLC$905K
Full exits 17
- Howard Capital Management Inc.$119M
- Turner Capital Investments, LLC$37M
- AXXCESS WEALTH MANAGEMENT, LLC$23M
- Robinson Value Management, Ltd.$17M
- Jump Financial, LLC$4M
- Encompass More Asset Management$3M
Largest adds
- CITADEL ADVISORS LLC$58M
- GOLDMAN SACHS GROUP INC$5M
- Tower Research Capital LLC (TRC)$3M
- FLOW TRADERS U.S. LLC$3M
- UBS Group AG$2M
- Mariner, LLC$2M
Largest trims
- Ridgepath Capital Management LLC$7M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$5M
- Revere Asset Management, Inc$5M
- Spectrum Financial Alliance Ltd LLC$2M
- Creative Planning$2M
- EverSource Wealth Advisors, LLC$2M
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 |
|---|---|---|---|---|
| CITADEL ADVISORS LLC added | 1,298,900 | $126M | 17.4% | 2026-Q1 |
| Revere Asset Management, Inc trimmed | 181,937 | $18M | 2.4% | 2026-Q1 |
| Ridgepath Capital Management LLC trimmed | 169,217 | $16M | 2.3% | 2026-Q1 |
| Spectrum Financial Alliance Ltd LLC added | 129,902 | $13M | 1.7% | 2026-Q1 |
| Tower Research Capital LLC (TRC) added | 67,239 | $7M | 0.9% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 50,746 | $5M | 0.7% | 2026-Q1 |
| FLOW TRADERS U.S. LLC added | 49,760 | $5M | 0.7% | 2026-Q1 |
| Main Street Group, LTD trimmed | 46,896 | $5M | 0.6% | 2026-Q1 |
| Diversified Trust Co trimmed | 43,000 | $4M | 0.6% | 2026-Q1 |
| UBS Group AG added | 34,448 | $3M | 0.5% | 2026-Q1 |
| Millington Financial Advisors, LLC trimmed | 25,519 | $3M | 0.4% | 2026-Q1 |
| IMC-Chicago, LLC trimmed | 33,148 | $3M | 0.4% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 29,066 | $3M | 0.4% | 2026-Q1 |
| Mariner, LLC added | 28,737 | $3M | 0.4% | 2026-Q1 |
| Ascentis Independent Advisors added | 27,940 | $3M | 0.4% | 2026-Q1 |
| Uniting Wealth Partners, LLC added | 26,000 | $3M | 0.3% | 2026-Q1 |
| Creative Planning trimmed | 25,338 | $2M | 0.3% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 23,305 | $2M | 0.3% | 2026-Q1 |
| GTS SECURITIES LLC trimmed | 21,922 | $2M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 23,754 | $2M | 0.3% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 20,229 | $2M | 0.3% | 2026-Q1 |
| Safe Harbor Fiduciary, LLC trimmed | 19,693 | $2M | 0.3% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 19,275 | $2M | 0.3% | 2026-Q1 |
| Squarepoint Ops LLC added | 19,053 | $2M | 0.3% | 2026-Q1 |
| BXM Wealth LLC trimmed | 18,799 | $2M | 0.3% | 2026-Q1 |
| DeDora Capital, Inc. | 18,280 | $2M | 0.2% | 2026-Q1 |
| MFG WEALTH MANAGEMENT, INC. new | 17,541 | $2M | 0.2% | 2026-Q1 |
| Lido Advisors, LLC trimmed | 16,522 | $2M | 0.2% | 2026-Q1 |
| TOTH FINANCIAL ADVISORY CORP trimmed | 13,631 | $1M | 0.2% | 2026-Q1 |
| XTX Topco Ltd added | 10,332 | $1M | 0.1% | 2026-Q1 |
| Koshinski Asset Management, Inc. added | 10,292 | $998K | 0.1% | 2026-Q1 |
| Howard Capital Management Group, LLC | 10,000 | $970K | 0.1% | 2026-Q1 |
| Meridian Wealth Management, LLC new | 9,332 | $905K | 0.1% | 2026-Q1 |
| World Investment Advisors added | 9,196 | $892K | 0.1% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 8,998 | $873K | 0.1% | 2026-Q1 |
| FORTRESS PRIVATE LEDGER, LLC added | 8,800 | $853K | 0.1% | 2026-Q1 |
| Westmount Partners, LLC added | 8,486 | $823K | 0.1% | 2026-Q1 |
| Ellis Investment Partners, LLC trimmed | 7,670 | $744K | 0.1% | 2026-Q1 |
| Sound Income Strategies, LLC | 7,266 | $721K | 0.1% | 2026-Q1 |
| Bryn Mawr Trust Advisors, LLC trimmed | 7,029 | $682K | 0.1% | 2026-Q1 |
| Erickson Financial Group, LLC added | 6,952 | $674K | 0.1% | 2026-Q1 |
| KWMG, LLC added | 6,840 | $663K | 0.1% | 2026-Q1 |
| Vontobel Holding Ltd. added | 6,800 | $659K | 0.1% | 2026-Q1 |
| American Financial Advisors, LLC | 5,957 | $578K | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 5,828 | $565K | 0.1% | 2026-Q1 |
| FLPUTNAM INVESTMENT MANAGEMENT CO trimmed | 5,367 | $520K | 0.1% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 4,954 | $491K | 0.1% | 2026-Q1 |
| Quantinno Capital Management LP | 4,918 | $477K | 0.1% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 4,861 | $471K | 0.1% | 2026-Q1 |
| Hickory Point Bank & Trust trimmed | 4,845 | $470K | 0.1% | 2026-Q1 |
| INSIGNEO ADVISORY SERVICES, LLC | 4,719 | $458K | 0.1% | 2026-Q1 |
| SYM FINANCIAL Corp | 4,693 | $455K | 0.1% | 2026-Q1 |
| Calamos Wealth Management LLC | 4,562 | $442K | 0.1% | 2026-Q1 |
| Calamos Advisors LLC new | 4,562 | $442K | 0.1% | 2026-Q1 |
| Sollinda Capital Management LLC trimmed | 4,544 | $441K | 0.1% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 4,481 | $435K | 0.1% | 2026-Q1 |
| Badgley Phelps Wealth Managers, LLC added | 4,385 | $425K | 0.1% | 2026-Q1 |
| Mittelman Wealth Management | 4,345 | $421K | 0.1% | 2026-Q1 |
| Dedeker Financial LLC trimmed | 4,290 | $416K | 0.1% | 2026-Q1 |
| Wealth Alliance Advisory Group, LLC added | 4,247 | $412K | 0.1% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 4,210 | $408K | 0.1% | 2026-Q1 |
| CreativeOne Wealth, LLC added | 3,929 | $381K | 0.1% | 2026-Q1 |
| Larson Financial Group LLC added | 3,641 | $353K | 0.0% | 2026-Q1 |
| Nicholas Hoffman & Company, LLC. added | 3,610 | $350K | 0.0% | 2026-Q1 |
| OPTIMA CAPITAL LLC added | 3,363 | $326K | 0.0% | 2026-Q1 |
| J.W. COLE ADVISORS, INC. added | 3,116 | $302K | 0.0% | 2026-Q1 |
| CHOREO, LLC trimmed | 3,084 | $299K | 0.0% | 2026-Q1 |
| POTOMAC FUND MANAGEMENT INC /ADV trimmed | 2,095,597 | $234M | 32.2% | 2025-Q3 stale |
| Howard Capital Management Inc. trimmed | 1,025,589 | $119M | 16.4% | 2025-Q4 stale |
| Turner Capital Investments, LLC new | 525,554 | $37M | 5.1% | 2025-Q4 stale |
| AXXCESS WEALTH MANAGEMENT, LLC trimmed | 198,096 | $23M | 3.2% | 2025-Q4 stale |
| Robinson Value Management, Ltd. new | 146,158 | $17M | 2.3% | 2025-Q4 stale |
| Jump Financial, LLC added | 30,559 | $4M | 0.5% | 2025-Q4 stale |
| Encompass More Asset Management trimmed | 27,208 | $3M | 0.4% | 2025-Q4 stale |
| Prosperity Wealth Management, Inc. added | 23,807 | $3M | 0.4% | 2025-Q4 stale |
| Headlands Technologies LLC added | 22,087 | $3M | 0.4% | 2025-Q4 stale |
| Quadrature Capital Ltd trimmed | 18,674 | $2M | 0.3% | 2025-Q3 stale |
| GROUP ONE TRADING LLC new | 19,502 | $2M | 0.2% | 2025-Q2 stale |
| HRT FINANCIAL LP added | 13,716 | $2M | 0.2% | 2025-Q4 stale |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 13,600 | $2M | 0.2% | 2025-Q4 stale |
| Marshall Financial Group, LLC new | 11,717 | $1M | 0.1% | 2025-Q2 stale |
| Timonier Family Office, LTD. trimmed | 7,868 | $911K | 0.1% | 2025-Q4 stale |
| SURIENCE PRIVATE WEALTH LLC new | 8,096 | $903K | 0.1% | 2025-Q3 stale |
| WMG Financial Advisors, LLC | 7,266 | $810K | 0.1% | 2025-Q3 stale |
| Fort Point Capital Partners LLC trimmed | 8,750 | $802K | 0.1% | 2025-Q2 stale |
| FOUNDERS FINANCIAL SECURITIES LLC trimmed | 6,608 | $765K | 0.1% | 2025-Q4 stale |
| Discipline Wealth Solutions, LLC trimmed | 6,174 | $715K | 0.1% | 2025-Q4 stale |
| WOLVERINE TRADING, LLC trimmed | 9,260 | $673K | 0.1% | 2025-Q1 stale |
| CPR Investments Inc. trimmed | 5,723 | $663K | 0.1% | 2025-Q4 stale |
| Edgestream Partners, L.P. added | 5,120 | $593K | 0.1% | 2025-Q4 stale |
| StoneX Group Inc. added | 5,067 | $587K | 0.1% | 2025-Q4 stale |
| JANE STREET GROUP, LLC trimmed | 4,515 | $523K | 0.1% | 2025-Q4 stale |
| T3 Companies, LLC new | 4,268 | $494K | 0.1% | 2025-Q4 stale |
| Silverleafe Capital Partners, LLC trimmed | 4,178 | $484K | 0.1% | 2025-Q4 stale |
| Stonebridge Financial Group, LLC new | 4,000 | $463K | 0.1% | 2025-Q4 stale |
| DV Trading LLC new | 3,486 | $385K | 0.1% | 2025-Q4 stale |
| GR FINANCIAL GROUP, LLC added | 3,258 | $377K | 0.1% | 2025-Q4 stale |
| Triton Wealth Management, PLLC trimmed | 3,157 | $376K | 0.1% | 2025-Q3 stale |
| Brookstone Capital Management trimmed | 3,072 | $356K | 0.0% | 2025-Q4 stale |
| BANK OF AMERICA CORP /DE/ added | 2,823 | $327K | 0.0% | 2025-Q4 stale |
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.