ProShares Short QQQ
PSQ
72 hedge funds and large institutions have $154M invested in ProShares Short QQQ in 2020 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 20 increasing their positions, 26 reducing their positions, and 34 closing their positions.
1.85% less ownership
Funds ownership: 7.64% → 5.8% (-1.8%)
23% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 26
23% less funds holding
Funds holding: 94 → 72 (-22)
25% less call options, than puts
Call options by funds: $1.39M | Put options by funds: $1.85M
49% less capital invested
Capital invested by funds: $300M → $154M (-$146M)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
62% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$14.7M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$5.55M |
| 3 |
PPW
Pasadena Private Wealth
Pasadena,
California
|
+$5.33M |
| 4 |
GA
Greenhaven Associates
Purchase,
New York
|
+$5M |
| 5 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$51.9M |
| 2 |
Morgan Stanley
New York
|
-$45.6M |
| 3 |
SCI
Stableford Capital II
Scottsdale,
Arizona
|
-$9.73M |
| 4 |
DRS
Deane Retirement Strategies
New Orleans,
Louisiana
|
-$7.39M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$5.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCM
101
Gables Capital Management
Miami,
Florida
| – | -$33K | -400 | Closed |
|
102
Bank of America
Charlotte,
North Carolina
| – | -$22K | -264 | Closed |
|
|
BWM
103
BNC Wealth Management
Beaverton,
Oregon
| – | -$20K | -240 | Closed |
|
|
FMP
104
Financial Management Professionals
Austin,
Texas
| – | -$8K | -100 | Closed |
|
|
VFA
105
Valeo Financial Advisors
Carmel,
Indiana
| – | -$3K | -40 | Closed |
|
106
First Manhattan
New York
| – | +$699 | +9 | New |
|
PSQ Hedge Fund Activity: Q4 2020 in Review
72 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in ProShares Short QQQ (PSQ) for Q4 2020, worth a combined $154M — down 49% from $300M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of PSQ and 13 opened new positions — a net loss of 21 holders — while 26 trimmed existing stakes and 20 added.
The largest buyer was UBS Group, adding an estimated $14.7M. The largest seller was Neuberger Berman Group, cutting an estimated $51.9M.
- 72 institutional investors held ProShares Short QQQ (PSQ) as of Q4 2020, down from 94 in Q3 2020.
- Funds reported $154M of ProShares Short QQQ stock for Q4 2020, down 49% quarter-over-quarter.
- 13 funds opened new ProShares Short QQQ positions in Q4 2020 and 34 closed out, a net change of -21 holders.
- The largest ProShares Short QQQ buyer in Q4 2020 was UBS Group, an estimated $14.7M added.
- The largest ProShares Short QQQ seller in Q4 2020 was Neuberger Berman Group, an estimated $51.9M sold.
Based on aggregated 13F filings for Q4 2020.