v2.4.0.6
Investments (Tables)
 3 Months Ended
Mar. 31, 2013
Fair Value Of Derivative Instruments

Fair Value of Derivative Instruments

as of March 31, 2013

 

     

Asset Derivatives

    

Liability Derivatives

  

Derivatives not
accounted for
as hedging
instruments

   

Statements of
Financial
Condition
Location

   

Fund

    Unrealized
Appreciation		    

Statements of
Financial
Condition
Location

   

Fund

    Unrealized
Depreciation		  
Commodities Contracts    Receivables on open futures contracts, unrealized appreciation on swap and/or forward agreements   

ProShares UltraShort DJ-UBS Crude Oil

    $
 231,524
 * 
   Payable on open futures contracts, unrealized depreciation on swap and/or forward agreement    ProShares UltraShort DJ-UBS Commodity    $ 92,919   
     

ProShares UltraShort Silver

     
 294,121
 * 
      ProShares UltraShort DJ-UBS Crude Oil      11,368,414   
      ProShares Ultra DJ-UBS Commodity      115,047         ProShares UltraShort DJ-UBS Natural Gas      3,496,753 * 
     

ProShares Ultra DJ-UBS Crude Oil

     
 26,556,087
 * 
      ProShares UltraShort Gold      3,247,692 * 
     

ProShares Ultra DJ-UBS Natural Gas

     
 14,044,618
 * 
      ProShares UltraShort Silver      11,313   
     

ProShares Ultra Gold

      9,223,820 *        ProShares Ultra Silver     
 8,134,488
 * 
Foreign Exchange Contracts    Unrealized appreciation on foreign currency forward contracts and receivables on open futures contracts   

ProShares Short Euro

     
 61,713
 * 
   Unrealized depreciation on foreign currency forward contracts and payable on open futures contracts   

ProShares UltraShort

Australian Dollar

      109,570 * 
     

ProShares UltraShort Euro

     
 15,104,660
   
     

ProShares UltraShort Euro

      1,439,211   
     

ProShares UltraShort Yen

      2,732,626         ProShares Ultra Euro     
 137,134
   
     

ProShares Ultra

Australian Dollar

      124,930 *       ProShares Ultra Yen      70,562   
     

ProShares Ultra Euro

      3,138           
VIX Futures Contracts    Receivables on open futures contracts, unrealized appreciation on swap and/or forwards agreement    ProShares Short VIX Short-Term Futures ETF      2,388,716 *    Payable on open futures contracts, unrealized depreciation on swap and/or forwards agreement   

ProShares VIX Short-Term Futures ETF

      8,346,060 * 
             

ProShares VIX Mid-Term Futures ETF

      1,876,429 * 
             

 

ProShares Ultra VIX Short-Term Futures ETF

   

 

 

 

18,737,121

 

* 
        

 

 

          

 

 

  
      Total Trust    $ 70,881,000 *       Total Trust    $ 57,067,666 * 

 

* Includes cumulative appreciation/depreciation of futures contracts as reported in the Schedules of Investments. Only current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts.

 

Fair Value of Derivative Instruments

as of December 31, 2012

 

     

Asset Derivatives

    

Liability Derivatives

  

Derivatives not
accounted for
as hedging
instruments

   

Statements of
Financial
Condition
Location

   

Fund

    Unrealized
Appreciation		    

Statements of
Financial
Condition
Location

   

Fund

    Unrealized
Depreciation		  
Commodities Contracts    Receivables on open futures contracts, unrealized appreciation on swap and/or forward agreements    ProShares UltraShort DJ-UBS Commodity    $ 148,502      Payable on open futures contracts, unrealized depreciation on swap and/or forward agreement    ProShares UltraShort DJ-UBS Crude Oil    $ 9,636,781 * 
     

ProShares UltraShort DJ-UBS Natural Gas

      409,135 *      

ProShares Ultra DJ-UBS Commodity

     
 306,268
   
     

ProShares UltraShort Gold

      3,745,096 *       ProShares Ultra DJ-UBS Natural Gas      3,816,950 * 
      ProShares UltraShort Silver      19,347,705 *       ProShares Ultra Gold      15,667,298 * 
     

ProShares Ultra DJ-UBS Crude Oil

      55,294,030 *       ProShares Ultra Silver      145,780,726 * 
Foreign Exchange Contracts    Unrealized appreciation on foreign currency forward contracts and receivables on open futures contracts    ProShares UltraShort Australian Dollar      85,590 *    Unrealized depreciation on foreign currency forward contracts and payable on open futures contracts   

ProShares Short Euro

     
 55,056
 * 
      ProShares UltraShort Euro     
 251,047
   
     

ProShares UltraShort Euro

      13,398,619   
      ProShares UltraShort Yen     
 38,346,817
   
     

ProShares UltraShort Yen

      232,642   
      ProShares Ultra Euro      89,473        

ProShares Ultra

Australian Dollar

      99,030 * 
      ProShares Ultra Yen      13,523        

ProShares Ultra Euro

     
 2,314
   
              ProShares Ultra Yen      507,819   
VIX Futures Contracts    Receivables on open futures contracts, unrealized appreciation on swap and/or forwards agreement    ProShares VIX Short-Term Futures ETF      2,368,824 *    Payable on open futures contracts, unrealized depreciation on swap and/or forwards agreement    ProShares VIX Short-Term Futures ETF      2,590,243 * 
      ProShares VIX Mid-Term Futures ETF     
 233,160
 * 
     

ProShares VIX Mid-Term Futures ETF

     
 1,703,570
 * 
     

ProShares Ultra VIX Short-Term Futures ETF

      4,034,873 *      

ProShares Ultra VIX Short-Term Futures ETF

      1,676,460 * 
     

ProShares Short VIX Short-Term Futures ETF

      627,059 *      

ProShares Short VIX Short-Term Futures ETF

      2,014,234 * 
        

 

 

          

 

 

  
      Total Trust    $ 124,994,834 *       Total Trust    $ 197,488,010 * 

 

* Includes cumulative appreciation/depreciation of futures contracts as reported in the Schedules of Investments. Only current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts.
Effect Of Derivative Instruments On Statements Of Operations

The Effect of Derivative Instruments on the Statements of Operations

For the three months ended March 31, 2013

 

Derivatives not accounted for as
hedging instruments

   

Location of Gain or (Loss) on
Derivatives Recognized in Income

   

Fund

    Realized Gain or
(Loss) on
Derivatives
Recognized in
Income		     Change in
Unrealized
Appreciation or
Depreciation on
Derivatives
Recognized in
Income		  
Commodity Contracts   

Net realized gain (loss) on futures contracts, swap and/or forward agreements/changes in

unrealized appreciation/ depreciation on futures contracts, swap and/or forward agreements

    ProShares UltraShort DJ-UBS Commodity    $ 308,498      $ (241,421 ) 
      ProShares UltraShort DJ-UBS Crude Oil      (6,125,158 )      (1,500,109 ) 
      ProShares UltraShort DJ-UBS Natural Gas      (1,773,421 )      (3,905,888 ) 
     

 

ProShares UltraShort Gold

   

 

 

 

12,883,467

 

  

  

 

 

 

(6,992,788

 

) 
      ProShares UltraShort Silver      29,204,512        (19,064,897 ) 
      ProShares Ultra DJ-UBS Commodity      (508,897 )      421,315   
      ProShares Ultra DJ-UBS Crude Oil      66,564,325        (28,737,943 ) 
     

 

ProShares Ultra DJ-UBS Natural Gas

   

 

 

 

5,748,194

 

  

  

 

 

 

17,861,568

 

  
      ProShares Ultra Gold      (50,415,205 )      24,891,118   
     

 

ProShares Ultra Silver

   

 

 

 

(215,688,548

 

) 

  

 

 

 

137,646,238

 

  
Foreign Exchange Contracts   

Net realized gain (loss) on futures contracts, swap and/or forward agreements/changes in

unrealized appreciation/ depreciation on futures contracts, swap and/or forward agreements

    ProShares Short Euro      (8,000 )      116,769   
      ProShares UltraShort Australian Dollar      112,030        (195,160 ) 
      ProShares UltraShort Euro      (2,949,680 )      26,813,021   
     

 

ProShares UltraShort Yen

   

 

 

 

96,886,297

 

  

  

 

 

 

(35,381,549

 

) 
     

 

ProShares Ultra Australian Dollar

   

 

 

 

(149,275

 

) 

  

 

 

 

223,960

 

  
      ProShares Ultra Euro     
 (65,362
 ) 
    
 (221,155
 ) 
     

 

ProShares Ultra Yen

   

 

 

 

(1,217,971

 

) 

  

 

 

 

423,734

 

  
VIX Futures Contracts   

Net realized gain (loss) on futures contracts, swap and/or forward agreements/changes in

unrealized appreciation/ depreciation on futures contracts, swap and/or forward agreements

   

ProShares VIX Short-Term Futures ETF

      (55,408,949 )      (8,124,641 ) 
      ProShares VIX Mid-Term Futures ETF     
 (10,260,171
 ) 
     (406,019 ) 
     

ProShares Ultra VIX Short-Term Futures ETF

      (122,690,073 )      (21,095,534 ) 
     

ProShares Short VIX Short-Term Futures ETF

      25,204,111        3,775,891   
        

 

 

    

 

 

  
      Total Trust    $ (230,349,276 )    $ 86,306,510   

 

The Effect of Derivative Instruments on the Statements of Operations

For the three months ended March 31, 2012

 

Derivatives not accounted for as
hedging instruments

   

Location of Gain or (Loss) on
Derivatives Recognized in Income

   

Fund

    Realized Gain or
(Loss) on
Derivatives
Recognized in
Income		     Change in
Unrealized
Appreciation or
Depreciation on
Derivatives
Recognized in
Income		  

Commodity Contracts

   

Net realized gain

(loss) on futures contracts, swap and/or forward agreements/changes in

unrealized appreciation/ depreciation on futures contracts, swap and/or forward agreements

    ProShares UltraShort DJ-UBS Commodity    $ 74,310      $ (361,088 ) 
     

ProShares UltraShort DJ-UBS Crude Oil

      (3,831,611 )      (901,690 ) 
     

ProShares UltraShort DJ-UBS Natural Gas

      4,437,111        5,930,960   
     

ProShares UltraShort Gold

      (1,545,985 )      (33,068,073 ) 
      ProShares UltraShort Silver     
 (35,684,414
 ) 
    
 (34,342,752
 ) 
      ProShares Ultra DJ-UBS Commodity      (322,448 )      421,325   
     

 

ProShares Ultra DJ-UBS Crude Oil

   

 

 

 

15,544,135

 

  

  

 

 

 

9,089,628

 

  
     

ProShares Ultra DJ-UBS Natural Gas

      (5,158,571 )      (15,543,310 ) 
      ProShares Ultra Gold     
 (29,858,796
 ) 
    
 76,461,894
   
     

 

ProShares Ultra Silver

   

 

 

 

8,106,450

 

  

  

 

 

 

132,908,783

 

  

Foreign Exchange Contracts

   

Net realized gain (loss) on

foreign currency forward contracts/changes in

unrealized appreciation/ depreciation on foreign

currency forward contracts

    ProShares UltraShort Euro      38,812,588        (98,488,552 ) 
     

ProShares UltraShort Yen

      20,853,004        17,433,639   
     

ProShares Ultra Euro

     
 (249,576
 ) 
     811,782   
      ProShares Ultra Yen      (425,209 )       (328,692 ) 

VIX Futures Contracts

    Net realized gain (loss) on futures contracts/ changes in unrealized appreciation/ depreciation on futures contracts and swap agreements   

ProShares VIX Short-Term Futures ETF

      (42,732,137 )      (17,345,947 ) 
     

ProShares VIX Mid-Term Futures ETF

     
 (22,417,600
 ) 
    
 (5,041,600
 ) 
     

ProShares Ultra VIX Short-Term Futures ETF

      (119,246,992 )      (33,611,433 ) 
     

ProShares Short VIX Short-Term Futures ETF

      6,857,840        815,550   
        

 

 

    

 

 

  
      Total Trust    $ (166,787,901 )    $ 4,840,424   
Offsetting Of Financial Assets And Derivative Assets

ProShares UltraShort DJ-UBS Commodity

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		  

Swap agreements

    $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Swap agreements

    $ 148,502       $ —         $ 148,502   
  

 

 

     

 

 

     

 

 

  

Total

    $ 148,502       $ —         $ 148,502   
  

 

 

     

 

 

     

 

 

  

ProShares UltraShort DJ-UBS Crude Oil

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     

Swap agreements

      —           —           —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  
*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     

Swap agreements

      —           —           —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  
*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

ProShares UltraShort DJ-UBS Natural Gas

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 442,358       $  —         $ 442,358   
  

 

 

     

 

 

     

 

 

  

Total

    $ 442,358       $ —         $ 442,358   
  

 

 

     

 

 

     

 

 

  
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 632,777       $ —         $ 632,777   
  

 

 

     

 

 

     

 

 

  

Total

    $ 632,777       $ —         $ 632,777   
  

 

 

     

 

 

     

 

 

  
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

ProShares UltraShort Gold

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Assets
Presented in  the
Statement  of
Financial
Condition		  

Forward agreements

    $ —         $ —         $ —     

Futures contracts*

      2,300         —           2,300   
  

 

 

     

 

 

     

 

 

  

Total

    $ 2,300       $ —         $ 2,300

  
  

 

 

     

 

 

     

 

 

  
*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Forward agreements

    $ 3,729,856       $ —         $ 3,729,856   

Futures contracts*

      —           —           —     
  

 

 

     

 

 

     

 

 

  

Total

    $ 3,729,856       $ —         $ 3,729,856   
  

 

 

     

 

 

     

 

 

  

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

ProShares UltraShort Silver

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		  

Forward agreements

    $ 266,601       $  —         $ 266,601   

Futures contracts*

      2,890         —           2,890   
  

 

 

     

 

 

     

 

 

  

Total

    $ 269,491       $ —         $ 269,491

  
  

 

 

     

 

 

     

 

 

  
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Forward agreements

    $ 19,307,685       $ —         $ 19,307,685   

Futures contracts*

      —           —           —     
  

 

 

     

 

 

     

 

 

  

Total

    $ 19,307,685       $ —         $ 19,307,685   
  

 

 

     

 

 

     

 

 

  
*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

ProShares Short Euro

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $  —         $  —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  
*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 6,612       $ —         $ 6,612   
  

 

 

     

 

 

     

 

 

  

Total

    $ 6,612       $ —         $ 6,612   
  

 

 

     

 

 

     

 

 

  
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

ProShares UltraShort Australian Dollar

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 21,300       $ —         $ 21,300   
  

 

 

     

 

 

     

 

 

  

Total

    $ 21,300       $ —         $ 21,300   
  

 

 

     

 

 

     

 

 

  

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31,2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $

—  

   
  

 

 

     

 

 

     

 

 

  
*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

ProShort UltraShort Euro

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of  Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ 15,104,660       $ —         $ 15,104,660   
  

 

 

     

 

 

     

 

 

  

Total

    $ 15,104,660       $ —         $ 15,104,660   
  

 

 

     

 

 

     

 

 

  

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ 251,047       $ —         $ 251,047   
  

 

 

     

 

 

     

 

 

  

Total

    $ 251,047       $ —         $

251,047

   
  

 

 

     

 

 

     

 

 

  

ProShares UltraShort Yen

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ 2,732,626       $ —         $ 2,732,626   
  

 

 

     

 

 

     

 

 

  

Total

    $ 2,732,626       $ —         $ 2,732,626

  
  

 

 

     

 

 

     

 

 

  

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ 38,346,817       $ —         $ 38,346,817   
  

 

 

     

 

 

     

 

 

  

Total

    $ 38,346,817       $ —         $ 38,346,817   
  

 

 

     

 

 

     

 

 

  

 

 

ProShares Ultra DJ-UBS Commodity

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		  

Swap agreements

    $ 115,047       $  —         $ 115,047   
  

 

 

     

 

 

     

 

 

  

Total

    $ 115,047       $ —         $ 115,047

  
  

 

 

     

 

 

     

 

 

  

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Swap agreements

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

 

ProShares Ultra DJ-UBS Crude Oil

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 2,386,303       $  —         $ 2,386,303   

Swap agreements

      25,193,571         —           25,193,571   
  

 

 

     

 

 

     

 

 

  

Total

    $ 27,579,874       $ —         $ 27,579,874

  
  

 

 

     

 

 

     

 

 

  

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 3,430,415       $ —         $ 3,430,415   

Swap agreements

      33,333,620         —           33,333,620   
  

 

 

     

 

 

     

 

 

  

Total

    $ 36,764,035       $ —         $ 36,764,035   
  

 

 

     

 

 

     

 

 

  
*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

ProShares Ultra DJ-UBS Natural Gas

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

ProShares Ultra Gold

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Forward agreements

    $ 9,222,440       $ —         $ 9,222,440   

Futures contracts*

      —           —           —     
  

 

 

     

 

 

     

 

 

  

Total

    $ 9,222,440         —         $ 9,222,440

  
  

 

 

     

 

 

     

 

 

  
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Forward agreements

    $ —         $ —         $ —     

Futures contracts*

      3,980         —           3,980   
  

 

 

     

 

 

     

 

 

  

Total

    $ 3,980       $ —         $ 3,980

  
  

 

 

     

 

 

     

 

 

  
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

ProShares Ultra Silver

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Forward agreements

    $ —         $ —         $ —     

Futures contracts*

      —           —           —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —  

  
  

 

 

     

 

 

     

 

 

  
*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Forward agreements

    $ —         $ —         $ —     

Futures contracts*

      2,520         —           2,520   
  

 

 

     

 

 

     

 

 

  

Total

    $ 2,520       $ —         $ 2,520

  
  

 

 

     

 

 

     

 

 

  
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

ProShares Ultra Australian Dollar

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $

—  

   
  

 

 

     

 

 

     

 

 

  
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 12,000       $ —         $ 12,000   
  

 

 

     

 

 

     

 

 

  

Total

    $ 12,000       $ —         $

12,000

   
  

 

 

     

 

 

     

 

 

  
*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

ProShares Ultra Euro

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ 3,138       $ —         $ 3,138   
  

 

 

     

 

 

     

 

 

  

Total

    $ 3,138       $ —         $ 3,138

  
  

 

 

     

 

 

     

 

 

  

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ 89,473       $ —         $ 89,473   
  

 

 

     

 

 

     

 

 

  

Total

    $ 89,473       $ —         $ 89,473   
  

 

 

     

 

 

     

 

 

  

ProShares Ultra Yen

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

 

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ 13,523       $ —         $ 13,523   
  

 

 

     

 

 

     

 

 

  

Total

    $ 13,523       $ —         $ 13,523  

 

ProShares VIX Short-Term Futures ETF

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —  

  
  

 

 

     

 

 

     

 

 

  
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $

—  

   
  

 

 

     

 

 

     

 

 

  
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

ProShares VIX Mid-Term Futures ETF

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 211,350       $  —         $ 211,350   
  

 

 

     

 

 

     

 

 

  

Total

    $ 211,350       $ —         $ 211,350

  
  

 

 

     

 

 

     

 

 

  
*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  
*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

ProShares Ultra VIX Short-Term Futures ETF

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $  —         $  —         $  —  

  
  

 

 

     

 

 

     

 

 

  
*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     

Swap agreements

      301,351         —           301,351   
  

 

 

     

 

 

     

 

 

  

Total

    $ 301,351       $ —         $ 301,351

  
  

 

 

     

 

 

     

 

 

  
*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

ProShares Short VIX Short-Term Futures ETF

Offsetting of Financial Assets and Derivative Assets as of March 31, 2013:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 472,022       $  —         $ 472,022   
  

 

 

     

 

 

     

 

 

  

Total

    $ 472,022       $ —         $

472,022

  
  

 

 

     

 

 

     

 

 

  
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

Offsetting of Financial Assets and Derivative Assets as of December 31, 2012:

 

Assets    Gross Amounts
of Recognized
Assets		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 5,524,721       $ —         $ 5,524,721   
  

 

 

     

 

 

     

 

 

  

Total

    $ 5,524,721       $ —         $ 5,524,721

  
  

 

 

     

 

 

     

 

 

  
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 
Financial Assets Derivative Assets And Collateral Held By Counterparty
 

ProShares UltraShort DJ-UBS Commodity

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Assets
Presented in  the
Statement  of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Received		      Net Amount  
   $  —         $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net
Amount		  

Goldman Sachs International

    $ 104,181       $ —         $ —         $ 104,181   

UBS AG

      44,321         —           —           44,321   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 148,502       $ —         $ —         $ 148,502   

ProShares UltraShort DJ-UBS Crude Oil

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Assets
Presented in  the
Statement  of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Received		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

ProShares UltraShort DJ-UBS Natural Gas

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Assets
Presented in  the
Statement  of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Received		      Net
Amount		  

Goldman Sachs & Co.

    $ 442,358       $  —         $ —         $ 442,358   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 442,358       $ —         $ —         $ 442,358   
  

 

 

     

 

 

     

 

 

     

 

 

  

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net
Amount		  

Goldman Sachs & Co.

    $ 632,777       $ —         $ —         $ 632,777   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 632,777       $ —         $ —         $ 632,777   

ProShares UltraShort Gold

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Received		      Net Amount  

Goldman Sachs & Co.

    $ 2,300       $ —         $ —         $ 2,300   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 2,300       $ —         $ —         $ 2,300   
  

 

 

     

 

 

     

 

 

     

 

 

  

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

Deutsche Bank AG

    $ 2,389,236       $ —         $ —         $ 2,389,236   

Goldman Sachs International

      452,059         —           —           452,059   

Societe Generale S.A.

      499,264         —           —           499,264   

UBS AG

      389,297         —           —           389,297   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 3,729,856       $ —         $ —         $ 3,729,856  

ProShares UltraShort Silver

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in
the Statement of Financial
Condition		         
     Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Received		      Net
Amount		  

Goldman Sachs & Co.

    $ 2,890       $ —         $ —         $ 2,890   

Deutsche Bank AG

      55,643         —           —           55,643   

Goldman Sachs International

      63,340         —           —           63,340   

Societe Generale S.A.

      147,618         —           —           147,618   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 269,491       $ —         $ —         $ 269,491   
  

 

 

     

 

 

     

 

 

     

 

 

  

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

Deutsche Bank AG

    $ 10,786,801       $ —         $ —         $ 10,786,801   

Goldman Sachs International

      3,141,119         —           —           3,141,119   

Societe Generale S.A.

      3,255,649         —           —           3,255,649   

UBS AG

      2,124,116         —           —           2,124,116   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 19,307,685       $ —         $ —         $ 19,307,685   

ProShares Short Euro

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  
   $  —         $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

RBC Capital Markets

    $ 6,612       $ —         $ —         $ 6,612   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 6,612       $ —         $ —         $ 6,612   
  

 

 

     

 

 

     

 

 

     

 

 

  

ProShares UltraShort Australian Dollar

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Received		      Net Amount  

RBC Capital Markets

    $ 21,300       $ —         $ —         $ 21,300   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 21,300       $ —         $ —         $ 21,300  

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31,2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     

ProShort UltraShort Euro

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Assets Presented
in the Statement
of Financial
Condition		      Financial
Instruments		      Cash  Collateral
Received		      Net Amount  

Goldman Sachs International

    $ 7,182,101       $ —         $ —         $ 7,182,101   

UBS AG

      7,922,559         —           —           7,922,559   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 15,104,660       $ —         $ —         $ 15,104,660   
  

 

 

     

 

 

     

 

 

     

 

 

  

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

Goldman Sachs International

    $ 251,047       $ —         $ —         $ 251,047   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 251,047       $ —         $ —         $ 251,047   
  

 

 

     

 

 

     

 

 

     

 

 

  

ProShares UltraShort Yen

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in
the
Statement of Financial
Condition		         
     Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Received		      Net Amount  

Goldman Sachs International

    $ 1,222,105       $ —         $ —         $ 1,222,105   

UBS AG

      1,510,521         —           —           1,510,521   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 2,732,626       $ —         $ —         $ 2,732,626   
  

 

 

     

 

 

     

 

 

     

 

 

  

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

Goldman Sachs International

    $ 18,518,532       $ —         $ —         $ 18,518,532   

UBS AG

      19,828,285         —           —           19,828,285   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 38,346,817       $ —         $ —         $ 38,346,817   

ProShares Ultra DJ-UBS Commodity

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Received		      Net Amount  

Goldman Sachs International

    $ 63,644       $  —         $  —         $ 63,644   

UBS AG

      51,403         —           —           51,403   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 115,047       $  —         $  —         $ 115,047   
  

 

 

     

 

 

     

 

 

     

 

 

  

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —    

ProShares Ultra DJ-UBS Crude Oil

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Received		      Net Amount  

Goldman Sachs & Co.

    $ 2,386,303       $  —         $  —         $ 2,386,303   

Goldman Sachs International

      8,318,017         —           —           8,318,017   

Societe Generale S.A.

      4,601,585         —           —           4,601,585   

UBS AG

      12,273,969         —           —           12,273,969   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 27,579,874       $ —         $  —         $ 27,579,874   
  

 

 

     

 

 

     

 

 

     

 

 

 

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in
the Statement of Financial
Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

Goldman Sachs & Co.

    $ 3,430,415       $ —         $ —         $ 3,430,415   

Goldman Sachs International

      14,334,730         —           —           14,334,730   

Societe Generale S.A.

      8,989,866         —           —           8,989,866   

UBS AG

      10,009,024         —           —           10,009,024   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 36,764,035       $ —         $ —         $ 36,764,035   
  

 

 

     

 

 

     

 

 

     

 

 

  

 

 

ProShares Ultra DJ-UBS Natural Gas

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Received		      Net Amount  
   $  —         $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     

 

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     

ProShares Ultra Gold

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in
the
Statement of Financial
Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

Deutsche Bank AG

    $ 4,465,287       $ —         $ —         $ 4,465,287   

Goldman Sachs International

      1,574,862         —           —           1,574,862   

Societe Generale S.A.

      1,671,035         —           —           1,671,035   

UBS AG

      1,511,256         —           —           1,511,256   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 9,222,440       $ —         $ —         $ 9,222,440  

 

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

Goldman Sachs & Co.

    $ 3,980       $ —         $ —         $ 3,980   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 3,980       $ —         $ —         $ 3,980   
  

 

 

     

 

 

     

 

 

     

 

 

ProShares Ultra Silver

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

Goldman Sachs & Co.

    $ 2,520       $ —         $ —         $ 2,520   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 2,520       $ —         $ —         $ 2,520   

ProShares Ultra Australian Dollar

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

RBC Capital Markets

    $ 12,000       $ —         $ —         $ 12,000   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 12,000       $ —         $ —         $ 12,000   
  

 

 

     

 

 

     

 

 

     

 

 

  

ProShares Ultra Euro

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

Goldman Sachs International

    $ 737       $ —         $ —         $ 737   

UBS AG

      2,401         —           —           2,401   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 3,138       $ —         $ —         $ 3,138   
  

 

 

     

 

 

     

 

 

     

 

 

 

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

Goldman Sachs International

    $ 38,327       $ —         $ —         $ 38,327   

UBS AG

      51,146         —           —           51,146   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 89,473       $ —         $ —         $ 89,473   
  

 

 

     

 

 

     

 

 

     

 

 

  

ProShares Ultra Yen

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

Goldman Sachs International

    $ 7,325       $ —         $ —         $ 7,325   

UBS AG

      6,198         —           —           6,198   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 13,523       $ —         $ —         $ 13,523   
  

 

 

     

 

 

     

 

 

     

 

 

  

ProShares VIX Short-Term Futures ETF

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Received		      Net Amount  
   $  —         $  —         $  —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $  —     

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

ProShares VIX Mid-Term Futures ETF

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts  of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Received		      Net
Amount		  

RBC Capital Markets

    $ 211,350       $  —         $  —         $ 211,350   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 211,350       $ —         $ —         $ 211,350   

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

ProShares Ultra VIX Short-Term Futures ETF

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  
   $  —         $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —    

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

Societe Generale S.A.

    $ 301,351       $ —         $ —         $ 301,351   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 301,351       $ —         $ —         $ 301,351   
  

 

 

     

 

 

     

 

 

     

 

 

  

ProShares Short VIX Short-Term Futures ETF

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net
Amount		  

RBC Capital Markets

    $ 472,022       $  —         $ —         $ 472,022   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 472,022       $ —         $ —         $ 472,022   
  

 

 

     

 

 

     

 

 

     

 

 

  

Financial Assets, Derivative Assets, and Collateral Held by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Assets
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Received		      Net Amount  

RBC Capital Markets

    $ 5,524,721       $ —         $ —         $ 5,524,721   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 5,524,721       $ —         $ —         $ 5,524,721  
Offsetting Of Financial Liabilities And Derivative Liabilities

ProShares UltraShort DJ-UBS Commodity

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		  

Swap agreements

    $ 92,919       $  —         $ 92,919   
  

 

 

     

 

 

     

 

 

  

Total

    $ 92,919       $ —         $ 92,919   
  

 

 

     

 

 

     

 

 

  

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Swap agreements

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

 

 

ProShares UltraShort DJ-UBS Crude Oil

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in  the
Statement  of
Financial
Condition		  

Futures contracts*

    $ 1,350,973         —         $ 1,350,973   

Swap agreements

      11,368,414         —           11,368,414   
  

 

 

     

 

 

     

 

 

  

Total

    $ 12,719,387       $ —         $ 12,719,387   

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 979,336       $ —         $ 979,336   

Swap agreements

      5,607,060         —           5,607,060   
  

 

 

     

 

 

     

 

 

  

Total

    $ 6,586,396       $ —         $ 6,586,396   
  

 

 

     

 

 

     

 

 

  

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

 

ProShares UltraShort DJ-UBS Natural Gas

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		  

Futures contracts*

    $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

 

ProShares UltraShort Gold

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		  

Forward agreements

    $ 3,246,282       $ —         $ 3,246,282   

Futures contracts*

      —           —           —     
  

 

 

     

 

 

     

 

 

  

Total

    $ 3,246,282       $ —         $ 3,246,282   
  

 

 

     

 

 

     

 

 

  

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Forward agreements

    $ —         $ —         $ —     

Futures contracts*

      3,980         —           3,980   
  

 

 

     

 

 

     

 

 

  

Total

    $ 3,980       $ —         $ 3,980   
  

 

 

     

 

 

     

 

 

  

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

 

ProShares UltraShort Silver

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		  

Forward agreements

    $ 11,313       $  —         $ 11,313   

Futures contracts*

      —           —           —     
  

 

 

     

 

 

     

 

 

  

Total

    $ 11,313       $ —         $ 11,313  
 
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Forward agreements

    $ —         $ —         $ —     

Futures contracts*

      2,520         —           2,520   
  

 

 

     

 

 

     

 

 

  

Total

    $ 2,520       $ —         $ 2,520   
  

 

 

     

 

 

     

 

 

  

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

 

ProShares Short Euro

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in  the
Statement  of
Financial
Condition		  

Futures contracts*

    $ 12,300       $  —         $ 12,300   
  

 

 

     

 

 

     

 

 

  

Total

    $ 12,300       $ —         $ 12,300   
 
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.
 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

ProShares UltraShort Australian Dollar

 

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

 

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31,2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 10,950       $ —         $ 10,950   
  

 

 

     

 

 

     

 

 

  

Total

    $ 10,950       $ —         $ 10,950   
  

 

 

     

 

 

     

 

 

  

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

 

ProShort UltraShort Euro

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ 1,439,211       $ —         $ 1,439,211   
  

 

 

     

 

 

     

 

 

  

Total

    $ 1,439,211       $ —         $ 1,439,211   
  

 

 

     

 

 

     

 

 

  

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ 13,398,619       $ —         $ 13,398,619   
  

 

 

     

 

 

     

 

 

  

Total

    $ 13,398,619       $ —         $ 13,398,619   

 

 

ProShares UltraShort Yen

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset  in the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ 232,642       $ —         $ 232,642   
  

 

 

     

 

 

     

 

 

  

Total

    $ 232,642       $ —         $ 232,642   
  

 

 

     

 

 

     

 

 

  

 

 

ProShares Ultra DJ-UBS Commodity

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		  

Swap agreements

    $  —          $  —         $  —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —          $ —         $ —     
  

 

 

     

 

 

     

 

 

  

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Swap agreements

    $ 306,268       $ —         $ 306,268   
  

 

 

     

 

 

     

 

 

  

Total

    $ 306,268       $ —         $ 306,268   
  

 

 

     

 

 

     

 

 

  

 

 

ProShares Ultra DJ-UBS Crude Oil

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		  

Futures contracts*

    $  —         $  —         $  —     

Swap agreements

      —              —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

 

*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     

Swap agreements

      —           —           —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

 

*

Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

 

ProShares Ultra DJ-UBS Natural Gas

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		  

Futures contracts*

    $ 834,689       $  —         $ 834,689   
  

 

 

     

 

 

     

 

 

  

Total

    $ 834,689       $ —         $ 834,689   

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 4,891,783       $ —         $ 4,891,783   
  

 

 

     

 

 

     

 

 

  

Total

    $ 4,891,783       $ —         $ 4,891,783   
  

 

 

     

 

 

     

 

 

  
 
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.
 

 

ProShares Ultra Gold

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Forward agreements

    $ —          $ —         $ —     

Futures contracts*

      2,300         —           2,300   
  

 

 

     

 

 

     

 

 

  

Total

    $ 2,300       $ —         $ 2,300   
  

 

 

     

 

 

     

 

 

  
 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Forward agreements

    $ 15,652,058       $ —         $ 15,652,058   

Futures contracts*

      —           —           —     
  

 

 

     

 

 

     

 

 

  

Total

    $ 15,652,058       $ —         $ 15,652,058   
  

 

 

     

 

 

     

 

 

  
 
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.
 

 

ProShares Ultra Silver

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Forward agreements

    $ 8,106,718       $ —         $ 8,106,718   

Futures contracts*

      2,890         —           2,890   
  

 

 

     

 

 

     

 

 

  

Total

    $ 8,109,608       $ —         $ 8,109,608   
  

 

 

     

 

 

     

 

 

  

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Forward agreements

    $ 145,740,706       $ —         $ 145,740,706   

Futures contracts*

      —           —           —     
  

 

 

     

 

 

     

 

 

  

Total

    $ 145,740,706       $ —         $ 145,740,706   
  

 

 

     

 

 

     

 

 

  
 
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.
 

 

ProShares Ultra Australian Dollar

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 22,982       $ —         $ 22,982   
  

 

 

     

 

 

     

 

 

  

Total

    $ 22,982       $ —         $ 22,982   
  

 

 

     

 

 

     

 

 

  

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 
 
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

 

ProShares Ultra Euro

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ 137,134       $ —         $ 137,134   
  

 

 

     

 

 

     

 

 

  

Total

    $ 137,134       $ —         $ 137,134   
  

 

 

     

 

 

     

 

 

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ 2,314       $ —         $ 2,314   
  

 

 

     

 

 

     

 

 

  

Total

    $ 2,314       $ —         $ 2,314   
  

 

 

     

 

 

     

 

 

  
 

 

ProShares Ultra Yen

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ 70,562       $ —         $ 70,562   
  

 

 

     

 

 

     

 

 

  

Total

    $ 70,562       $ —         $ 70,562   

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in  the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Foreign currency forward contracts

    $ 507,819       $ —         $ 507,819   
  

 

 

     

 

 

     

 

 

  

Total

    $ 507,819       $ —         $ 507,819   
  

 

 

     

 

 

     

 

 

  

 

 

ProShares VIX Short-Term Futures ETF

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		  

Futures contracts*

    $ 2,471,348       $  —         $ 2,471,348   
  

 

 

     

 

 

     

 

 

  

Total

    $ 2,471,348       $ —         $ 2,471,348   

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 31,540,181       $ —         $ 31,540,181   
  

 

 

     

 

 

     

 

 

  

Total

    $ 31,540,181       $ —         $ 31,540,181   
  

 

 

     

 

 

     

 

 

  

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

 

ProShares VIX Mid-Term Futures ETF

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		  

Futures contracts*

    $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 1,890,675       $ —         $ 1,890,675   
  

 

 

     

 

 

     

 

 

  

Total

    $ 1,890,675       $ —         $ 1,890,675   
  

 

 

     

 

 

     

 

 

  
 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

 

ProShares Ultra VIX Short-Term Futures ETF

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 4,961,933       $  —         $ 4,961,933   
  

 

 

     

 

 

     

 

 

  

Total

    $ 4,961,933       $ —         $ 4,961,933   

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.
 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ 35,666,735       $ —         $ 35,666,735   

Swap agreements

      —            —            —      
  

 

 

     

 

 

     

 

 

  

Total

    $ 35,666,735       $ —         $ 35,666,735   
  

 

 

     

 

 

     

 

 

  

 

* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.

 

 

ProShares Short VIX Short-Term Futures ETF

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2013:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

  

Total

    $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

  
 
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.
 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2012:

 

Liabilities    Gross Amounts
of Recognized
Liabilities		      Gross Amounts
Offset in the
Statement of
Financial Condition		      Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		  

Futures contracts*

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

  
* Current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures contracts; Cumulative appreciation/depreciation is reported in the Schedule of Investments.
Financial Liabilities Derivative Liabilities And Collateral Pledged By Counterparty

ProShares UltraShort DJ-UBS Commodity

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		     Cash Collateral
Pledged		      Net Amount  

Goldman Sachs International

    $ 64,434       $ (64,434 )    $  —         $  —     

UBS AG

      28,485         (28,485 )      —           —     
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 92,919       $ (92,919 )    $ —         $ —     
  

 

 

     

 

 

    

 

 

     

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

 

ProShares UltraShort DJ-UBS Crude Oil

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		        
     Net Amounts  of
Liabilities
Presented in  the
Statement  of
Financial
Condition		      Financial
Instruments		     Cash  Collateral
Pledged		     Net
Amount		  

Goldman Sachs & Co.

    $ 1,350,973       $ —        $ (1,350,973 )    $ —     

Goldman Sachs International

      6,252,210         (6,252,210 )      —          —     

Societe Generale S.A.

      1,130,052         (1,130,052 )      —          —     

UBS AG

      3,986,152         (3,986,152 )      —          —     
  

 

 

     

 

 

    

 

 

    

 

 

  

Total

    $ 12,719,387       $ (11,368,414 )    $ (1,350,973 )    $ —     
  

 

 

     

 

 

    

 

 

    

 

 

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		        
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		     Cash Collateral
Pledged		     Net
Amount		  

Goldman Sachs & Co.

    $ 979,336       $ —        $ (979,336 )    $ —     

Goldman Sachs International

      1,880,292         (1,880,292 )      —          —     

Societe Generale S.A.

      1,730,366         (1,730,366 )      —          —     

UBS AG

      1,996,402         (1,996,402 )      —          —     
  

 

 

     

 

 

    

 

 

    

 

 

  

Total

    $ 6,586,396       $ (5,607,060 )    $ (979,336 )    $ —     
  

 

 

     

 

 

    

 

 

    

 

 

  

 

 

ProShares UltraShort DJ-UBS Natural Gas

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Pledged		      Net Amount  
   $ —         $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $  —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

 

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

 

 

ProShares UltraShort Gold

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		      Financial
Instruments		     Cash  Collateral
Pledged		      Net
Amount		  

Deutsche Bank AG

    $ 1,752,078       $ (1,752,078 )    $ —         $ —     

Goldman Sachs International

      589,404         (589,404 )      —           —     

Societe Generale S.A.

      460,599         (460,599 )      —           —     

UBS AG

      444,201         (444,201 )      —           —     
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 3,246,282       $ (3,246,282 )    $ —         $ —     
  

 

 

     

 

 

    

 

 

     

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		        
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		     Net Amount  

Goldman Sachs & Co.

    $ 3,980       $ —         $ (3,980 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Total

    $ 3,980       $ —         $ (3,980 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

 

 

ProShares UltraShort Silver

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in
the Statement of Financial
Condition		         
     Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		      Financial
Instruments		     Cash  Collateral
Pledged		      Net
Amount		  

UBS AG

    $ 11,313       $ (11,313 )    $  —         $ —     
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 11,313       $ (11,313 )    $ —         $ —     
  

 

 

     

 

 

    

 

 

     

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		        
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		     Net Amount  

Goldman Sachs & Co.

    $ 2,520       $ —         $ (2,520 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Total

    $ 2,520       $ —         $ (2,520 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

 

 

ProShares Short Euro

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		        
     Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Pledged		     Net Amount  

RBC Capital Markets

    $ 12,300       $  —         $ (12,300 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Total

    $ 12,300       $ —         $ (12,300 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

 

 

ProShares UltraShort Australian Dollar

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Pledged		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31,2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		        
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		     Net Amount  

RBC Capital Markets

    $ 10,950       $ —         $ (10,950 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Total

    $ 10,950       $ —         $ (10,950 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

 

 

ProShort UltraShort Euro

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		      Financial
Instruments		     Cash  Collateral
Pledged		      Net
Amount		  

Goldman Sachs International

    $ 930,513       $ (930,513 )    $ —         $ —     

UBS AG

      508,698         (508,698 )      —           —     
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 1,439,211       $ (1,439,211 )    $ —         $ —     
  

 

 

     

 

 

    

 

 

     

 

 

  


 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		     Cash Collateral
Pledged		      Net
Amount		  

Goldman Sachs International

    $ 6,048,832       $ (6,048,832 )    $ —         $ —     

UBS AG

      7,349,787         (7,349,787 )      —           —     
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 13,398,619       $ (13,398,619 )    $ —         $ —     
  

 

 

     

 

 

    

 

 

     

 

 

 

 

ProShares UltraShort Yen

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Pledged		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		     Cash Collateral
Pledged		      Net
Amount		  

UBS AG

    $ 232,642       $ (232,642 )    $ —         $ —     
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 232,642       $ (232,642 )    $ —         $ —     
  

 

 

     

 

 

    

 

 

     

 

 

  

 

 

ProShares Ultra DJ-UBS Commodity

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Pledged		      Net Amount  
   $  —         $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		     Cash Collateral
Pledged		      Net
Amount		  

Goldman Sachs International

    $ 198,117       $ (198,117 )    $ —         $ —     

UBS AG

      108,151         (108,151 )      —           —     
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 306,268       $ (306,268 )    $ —         $ —     
  

 

 

     

 

 

    

 

 

     

 

 

  

 

 

ProShares Ultra DJ-UBS Crude Oil

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Pledged		      Net Amount  
   $  —         $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

 

 

ProShares Ultra DJ-UBS Natural Gas

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		        
     Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Pledged		     Net Amount  

Goldman Sachs & Co.

    $ 834,689       $  —         $ (834,689 )    $  —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Total

    $ 834,689       $ —         $ (834,689 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		        
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		     Net
Amount		  

Goldman Sachs & Co.

    $ 4,891,783       $ —         $ (4,891,783 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Total

    $ 4,891,783       $ —         $ (4,891,783 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

 

 

ProShares Ultra Gold

 

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		        
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		     Net Amount  

Goldman Sachs & Co.

    $ 2,300       $ —         $ (2,300 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Total

    $ 2,300       $ —         $ (2,300 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		     Cash Collateral
Pledged		      Net
Amount		  

Deutsche Bank AG

    $ 4,622,873       $ (4,622,873 )    $ —         $ —     

Goldman Sachs International

      3,678,367         (3,678,367 )      —           —     

Societe Generale S.A.

      3,715,989         (3,715,989 )      —           —     

UBS AG

      3,634,829         (3,634,829 )      —           —     
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 15,652,058       $ (15,652,058 )    $ —         $ —     
  

 

 

     

 

 

    

 

 

     

 

 

  

 

 

ProShares Ultra Silver

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial
Condition		        
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		     Cash Collateral
Pledged		     Net
Amount		  

Goldman Sachs & Co.

    $ 2,890       $ —        $ (2,890 )    $ —     

Deutsche Bank AG

      4,807,077         (4,807,077 )      —          —     

Goldman Sachs International

      1,237,902         (1,237,902 )      —          —     

Societe Generale S.A.

      1,056,353         (1,056,353 )      —          —     

UBS AG

      1,005,386         (1,005,386 )      —          —     
  

 

 

     

 

 

    

 

 

    

 

 

  

Total

    $ 8,109,608       $ (8,106,718 )    $ (2,890 )    $ —     
  

 

 

     

 

 

    

 

 

    

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		     Cash Collateral
Pledged		      Net Amount  

Deutsche Bank AG

    $ 44,873,116       $ (42,756,218 )    $ —         $ 2,116,898   

Goldman Sachs International

      34,491,042         (34,491,042 )      —           —     

Societe Generale S.A.

      34,802,217         (34,802,217 )      —           —     

UBS AG

      31,574,331         (31,574,331 )      —           —     
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 145,740,706       $ (143,623,808 )    $ —         $ 2,116,898   
  

 

 

     

 

 

    

 

 

     

 

 

  

 

 

ProShares Ultra Australian Dollar

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		        
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		     Net Amount  

RBC Capital Markets

    $ 22,982       $ —         $ (22,982 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Total

    $ 22,982       $ —         $ (22,982 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

 

 

ProShares Ultra Euro

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		     Cash Collateral
Pledged		      Net Amount  

Goldman Sachs International

    $ 63,478       $ (63,478 )    $ —         $ —     

UBS AG

      73,656         (73,656 )      —           —     
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 137,134       $ (137,134 )    $ —         $ —     
  

 

 

     

 

 

    

 

 

     

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		     Cash Collateral
Pledged		      Net Amount  

Goldman Sachs International

    $ 635       $ (635 )    $ —         $ —     

UBS AG

      1,679         (1,679 )      —           —     
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 2,314       $ (2,314 )    $ —         $ —     
  

 

 

     

 

 

    

 

 

     

 

 

  

 

 

ProShares Ultra Yen

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		     Cash Collateral
Pledged		      Net Amount  

Goldman Sachs International

    $ 22,860       $ (22,860 )    $ —         $ —     

UBS AG

      47,702         (47,702 )      —           —     
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 70,562       $ (70,562 )    $ —         $ —     
  

 

 

     

 

 

    

 

 

     

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		     Cash Collateral
Pledged		      Net Amount  

Goldman Sachs International

    $ 231,047       $ (231,047 )    $ —         $ —     

UBS AG

      276,772         (178,999 )      —           97,773   
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 507,819       $ (410,046 )    $ —         $ 97,773   
  

 

 

     

 

 

    

 

 

     

 

 

  

 

 

ProShares VIX Short-Term Futures ETF

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		        
     Net Amounts  of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Pledged		     Net
Amount		  

RBC Capital Markets

    $ 2,471,348       $  —         $ (2,471,348 )    $  —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Total

    $ 2,471,348       $ —         $ (2,471,348 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		        
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		     Net
Amount		  

RBC Capital Markets

    $ 31,540,181       $ —         $ (31,540,181 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Total

    $ 31,540,181       $ —         $ (31,540,181 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

 

 

ProShares VIX Mid-Term Futures ETF

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts  of
Liabilities
Presented in  the
Statement of
Financial
Condition		      Financial
Instruments		      Cash  Collateral
Pledged		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

 

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		        
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		     Net
Amount		  

RBC Capital Markets

    $ 1,890,675       $ —         $ (1,890,675 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Total

    $ 1,890,675       $ —         $ (1,890,675 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

 

 

ProShares Ultra VIX Short-Term Futures ETF

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in
the
Statement of Financial Condition		        
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash
Collateral
Pledged		     Net
Amount		  

RBC Capital Markets

    $ 4,961,933       $  —         $ (4,961,933 )    $  —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Total

    $ 4,961,933       $ —         $ (4,961,933 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		        
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		     Net
Amount		  

RBC Capital Markets

    $ 35,666,735       $ —         $ (35,666,735 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Total

    $ 35,666,735       $ —         $ (35,666,735 )    $ —     
  

 

 

     

 

 

     

 

 

    

 

 

  

 

 

ProShares Short VIX Short-Term Futures ETF

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of March 31, 2013:

 

            Gross Amounts Not Offset in the
Statement of Financial Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement  of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		      Net Amount  
   $  —         $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $  —         $  —         $  —         $  —     
  

 

 

     

 

 

     

 

 

     

 

 

  

 

 

Financial Liabilities, Derivative Liabilities, and Collateral Pledged by Counterparty as of December 31, 2012:

 

            Gross Amounts Not Offset in the
Statement of Financial  Condition		         
     Net Amounts of
Liabilities
Presented in the
Statement of
Financial
Condition		      Financial
Instruments		      Cash Collateral
Pledged		      Net Amount  
   $ —         $ —         $ —         $ —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ —         $ —         $ —         $ —