ProShare Advisors LLC

Index provider Mechanical CIK 1357955
League rank
#9
in Index provider · #2760 overall
Long book
$67.54B
Q1 2026
Positions
1865
Top-10 weight
49%
concentration
Last quarter
+12.8%
SPY +14.8%
Turnover
11%
of book per quarter

Strategy in plain words

auto-generated from filings

ProShare Advisors LLC is an index provider — its holdings mirror index composition mechanically, running a $67.54B US long book across 1865 positions.

The portfolio is moderately concentrated (top 10 ≈ 49% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: PROSHARES GENIUS MNY MKT ETF, NVIDIA CORP, APPLE INC, MICROSOFT CORP, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.2%
Q2 2024
+6.6%
Q3 2024
+0.4%
Q4 2024
-3.9%
Q1 2025
+10.3%
Q2 2025
+7.4%
Q3 2025
+2.3%
Q4 2025
-3.4%
Q1 2026
+12.8%

Sector allocation

Technology
39%
Consumer discretionary
12%
Industrials
12%
Financials
7%
Healthcare
7%
Other
6%
Consumer staples
4%
Utilities
4%

Long book by quarter

$37.61B
Q1 2024
$37.38B
Q2 2024
$40.80B
Q3 2024
$43.75B
Q4 2024
$44.30B
Q1 2025
$50.12B
Q2 2025
$47.78B
Q3 2025
$56.66B
Q4 2025
$67.54B
Q1 2026

What does ProShare Advisors own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology17.4M$3.03B4.5%-20.1%
AAPL APPLE INCTechnology9.2M$2.34B3.5%-19.0%
MSFT MICROSOFT CORPTechnology4.7M$1.75B2.6%-18.3%
AMZN AMAZON.COM INCConsumer discretionary6.6M$1.37B2.0%-18.1%
AVGO BROADCOM INCTechnology3.4M$1.05B1.6%-19.7%
WMT WALMART INCConsumer discretionary8.3M$1.04B1.5%+247.4%
GOOGL ALPHABET INC-CL ATechnology3.5M$1.02B1.5%-18.8%
TSLA TESLA INCIndustrials2.7M$1.01B1.5%-10.1%
META META PLATFORMS INC-CLASS ATechnology1.7M$958.9M1.4%-18.5%
GOOG ALPHABET INC-CL CTechnology3.2M$913.8M1.4%-18.4%
COST COSTCO WHOLESALE CORPConsumer discretionary627.7K$625.4M0.9%-18.4%
MU MICRON TECHNOLOGY INCTechnology1.7M$589.7M0.9%-19.0%
NFLX NETFLIX INCServices media6.0M$574.4M0.9%-19.0%
LIN LINDE PLCMaterials1.0M$515.3M0.8%-11.5%
AMD ADVANCED MICRO DEVICESTechnology2.5M$513.6M0.8%-19.0%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology3.3M$487.9M0.7%-18.2%
PEP PEPSICO INCConsumer staples3.1M$476.3M0.7%-10.0%
CSCO CISCO SYSTEMS INCTechnology6.0M$461.8M0.7%-17.8%
AMAT APPLIED MATERIALS INCTechnology1.2M$426.0M0.6%-19.6%
LRCX LAM RESEARCH CORPIndustrials2.0M$419.1M0.6%-20.1%
INTC INTEL CORPTechnology7.6M$337.1M0.5%-15.2%
XOM EXXON MOBIL CORPEnergy1.9M$327.9M0.5%-13.5%
AMGN AMGEN INCHealthcare895.7K$315.1M0.5%-16.5%
CAT CATERPILLAR INCIndustrials439.4K$311.3M0.5%-14.2%
TMUS T-MOBILE US INCCommunications1.5M$309.8M0.5%-19.7%
JNJ JOHNSON & JOHNSONHealthcare1.2M$305.0M0.5%-11.1%
KLAC KLA CORPOther206.3K$303.7M0.4%-19.7%
CVX CHEVRON CORPEnergy1.4M$296.4M0.4%-6.4%
TXN TEXAS INSTRUMENTS INCTechnology1.4M$277.8M0.4%-19.2%
GILD GILEAD SCIENCES INCHealthcare1.8M$252.4M0.4%-18.3%
ADP AUTOMATIC DATA PROCESSINGTechnology1.2M$248.0M0.4%-3.8%
FAST FASTENAL COConsumer discretionary5.3M$247.3M0.4%-6.9%
ADI ANALOG DEVICES INCTechnology775.4K$246.7M0.4%-19.6%
CTAS CINTAS CORPOther1.4M$237.7M0.4%-7.2%
MCD MCDONALD'S CORPConsumer discretionary758.5K$235.7M0.3%+0.1%
ISRG INTUITIVE SURGICAL INCHealthcare504.6K$232.6M0.3%-18.4%
PG PROCTER & GAMBLE CO/THEOther1.6M$229.0M0.3%0.0%
HON HONEYWELL INTERNATIONAL INCIndustrials1.0M$229.0M0.3%-17.0%
KO COCA-COLA CO/THEConsumer staples3.0M$226.3M0.3%-2.7%
ABBV ABBVIE INCHealthcare1.0M$226.0M0.3%+0.6%
QCOM QUALCOMM INCTechnology1.7M$218.6M0.3%-18.9%
NEE NEXTERA ENERGY INCUtilities2.3M$212.2M0.3%-0.8%
IBM INTL BUSINESS MACHINES CORPTechnology863.4K$209.3M0.3%-4.4%
CB CHUBB LTDFinancials624.1K$203.4M0.3%-4.0%
ROP ROPER TECHNOLOGIES INCTechnology574.5K$203.3M0.3%+11.3%
TGT TARGET CORPConsumer discretionary1.6M$198.8M0.3%-8.2%
SHW SHERWIN-WILLIAMS CO/THEConsumer discretionary616.2K$197.5M0.3%-3.3%
JPM JPMORGAN CHASE & COFinancials668.6K$196.7M0.3%-4.7%
APD AIR PRODUCTS & CHEMICALS INCMaterials665.0K$193.2M0.3%-0.8%
BKNG BOOKING HOLDINGS INCIndustrials45.5K$191.6M0.3%-18.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 27, 20261865$67.54B canonicalSEC ↗
Q4 202513F-HRFeb 6, 20262034$56.66B canonicalSEC ↗
Q3 202513F-HRNov 6, 20252005$47.78B canonicalSEC ↗
Q2 202513F-HRAug 7, 20252077$50.12B canonicalSEC ↗
Q1 202513F-HRMay 8, 20252081$44.30B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20252271$43.75B canonicalSEC ↗
Q3 202413F-HRNov 14, 20242065$40.80B canonicalSEC ↗
Q2 202413F-HRAug 13, 20241848$37.38B canonicalSEC ↗
Q1 202413F-HRMay 8, 20242004$37.61B canonicalSEC ↗