# Proshare Advisors LLC

> Proshare Advisors LLC is an SEC-registered investment advisory firm in Bethesda, MD, registered since 2005, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 134155
- Filed as: PROSHARE ADVISORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bethesda, MD
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/134155
- AdvisorCensus page: https://advisorcensus.com/firm/proshare-advisors-llc-bethesda-md-134155

## Quick answers

**How is Proshare Advisors LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Proshare Advisors LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is Proshare Advisors LLC located?**
Proshare Advisors LLC's principal office is in Bethesda, MD, according to its Form ADV.

**Is Proshare Advisors LLC registered with the SEC or a state?**
Proshare Advisors LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 134155.

**How much does Proshare Advisors LLC manage?**
Proshare Advisors LLC reports $85,300,000,000 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Proshare Advisors LLC's assets and staff changed since 2021?**
In the Form ADV data for Proshare Advisors LLC: Regulatory assets under management: $43,470,000,000 in the October 2021 data and $85,300,000,000 in the October 2026 data, up 96%. Total employees: 108 in October 2021 and 98 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Proshare Advisors LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (145).

**Does Proshare Advisors LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/134155

**What changed in Proshare Advisors LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $74,000,000,000 to $85,300,000,000 (+15%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $85,300,000,000
- Discretionary: $85,300,000,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 145 | $85,300,000,000 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Other

### Firm details
- Registered since: 2005 (21 years)
- Employees: 98 total, 35 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MD
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- proshares.com
- Facebook facebook.com
- Instagram @proshares
- LinkedIn @proshare-advisors-llc
- X @ProShares
- YouTube @UCru1lf6iEvBVDf2Hb9Trjgg

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $43,470,000,000 | 108 | March 29, 2021 |
| October 2022 | $66,960,000,000 | 103 | March 31, 2022 |
| October 2023 | $53,251,436,325 | 98 | March 29, 2023 |
| October 2024 | $65,095,381,946 | 101 | May 20, 2024 |
| October 2025 | $74,000,000,000 | 104 | March 24, 2025 |
| October 2026 | $85,300,000,000 | 98 | March 26, 2026 |

Regulatory assets under management: $43,470,000,000 in the October 2021 data and $85,300,000,000 in the October 2026 data, up 96%.
Total employees: 108 in October 2021 and 98 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $74,000,000,000 to $85,300,000,000 (+15%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Proshare Advisors LLC (CRD 134155): Form ADV filing data as of October 2026.