Friday, November 13, 2026
Privacy-First Edition
Back to NNN
Business

ProShares Ultra S&P500 2x Shares (SSO) Buys $2.7 Million More OKTA on Nov. 3

Via GuruFocus.com

ProShares Ultra S&P500 2x Shares (SSO) Buys $2.7 Million More OKTA on Nov. 3 GuruFocus News Thu, November 5, 2026 at 6:05 AM EST 3 min read OKTA -2.44% NVDA -1.04% AAPL +0.86% MSFT +0.48% GOOG +1.08% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

ProShares Ultra S&P500 2x Shares (SSO) was the only ETF buying versus selling in Tuesday's ETF activity, with one position increased and 499 decreased. The fund, with $8.38 billion in assets, traded $283.9 million gross and ended with a net outflow of $278.5 million.

Warning! GuruFocus has detected 3 Warning Sign with IGIC.

Is SSO fairly valued? Test your thesis with our free DCF calculator.

Its largest buys by dollar value were OKTA ($2.7 million).

Its largest sells by dollar value were NVDA ($21.5 million), AAPL ($20.8 million) and MSFT ($16.6 million).

The largest buy was a new position in OKTA INC, worth $2.7 million at a 0.05% weight. On the sell side, SSO trimmed NVIDIA CORP by $21.5 million, APPLE INC by $20.8 million, MICROSOFT CORP by $16.6 million, AMAZON.COM INC by $10.6 million and ALPHABET INC-CL A by $7.1 million. No positions were fully exited.

SSO is an alternative equity leveraged fund with 2.0x leverage and an expense ratio of 0.88%. It holds 502 stocks, with 37.3% of assets in its 10 largest holdings. Technology accounts for 37.7% of classified stocks, financial services 12.1% and healthcare 10.2%, while large caps make up 99.9% of the mix. Top holdings include NVIDIA CORP at 7.67%, APPLE INC at 7.43% and MICROSOFT CORP at 5.93%. The fund has a GF Score of 88, a P/E of 23.53, a P/B of 4.54, a dividend yield of 0.68% and a year-to-date return of 20.9%.

Technology 37.7%, Financial Services 12.1%, Healthcare 10.2%

NVDA (7.67%), AAPL (7.43%), MSFT (5.93%), AMZN (3.77%), GOOGL (2.52%)

Holdings, performance and fees for SSO are on its fund summary page; the ETF Screener lines it up against its peers. For the stock behind its biggest buy, see OKTA's GF Value page and guru trades.

Watch whether SSO's next update brings further broad trims across its 499 decreased positions, and whether the new OKTA stake is built up or reversed.

Based on holdings changes reported by ProShares Ultra S&P500 2x Shares (SSO) for Nov. 3, 2026, US-listed stocks only.

Looking for a fund? Use the ETF Screener, and follow daily fund activity on the ETF Trends page.

Sector Trends: Technology Leads, Consumer Defensive Sold on Nov. 3

What iShares Core S&P 500 ETF (IVV) Bought: Okta Leads on Nov. 3

What SPDR S&P 500 ETF (SPY) Bought: Okta Leads on Nov. 3

Goldman Sachs S&P 500 Premium Income (GPIX) Adds Meta and Alphabet on Nov. 3

What State Street SPDR Portfolio S&P 500 ETF (SPYM) Bought: Okta Leads on Nov. 3

Read original at Yahoo Finance News

The Perspectives

0 verified voices · Three viewpoints · Real discourse

Left
0
Be the first to share a left perspective
Center
0
Be the first to share a center perspective
Right
0
Be the first to share a right perspective

Related Stories