ProShares Short QQQ
PSQ
44 hedge funds and large institutions have $111M invested in ProShares Short QQQ in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 12 closing their positions.
312% more call options, than puts
Call options by funds: $3.49M | Put options by funds: $847K
1.18% less ownership
Funds ownership: 7.12% → 5.94% (-1.2%)
4% less funds holding
Funds holding: 46 → 44 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
31% less capital invested
Capital invested by funds: $161M → $111M (-$49.8M)
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WOA
Water Oak Advisors
Winter Park,
Florida
|
+$7.2M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$1.75M |
| 3 |
JWS
Juncture Wealth Strategies
Scottsdale,
Arizona
|
+$1.38M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.28M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$642K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$23.5M |
| 2 |
Morgan Stanley
New York
|
-$5.6M |
| 3 |
VF
Virtu Financial
New York
|
-$4.78M |
| 4 |
SIA
SeaBridge Investment Advisors
Summit,
New Jersey
|
-$3.82M |
| 5 |
IPC
Independent Portfolio Consultants
Boca Raton,
Florida
|
-$3.16M |
PSQ Hedge Fund Activity: Q3 2016 in Review
44 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ProShares Short QQQ (PSQ) for Q3 2016, worth a combined $111M — down 31% from $161M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PSQ and 10 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 8 added.
The largest buyer was Water Oak Advisors, opening a new position worth an estimated $7.2M. The largest seller was Brinker Capital, exiting entirely with an estimated $23.5M sold.
- 44 institutional investors held ProShares Short QQQ (PSQ) as of Q3 2016, down from 46 in Q2 2016.
- Funds reported $111M of ProShares Short QQQ stock for Q3 2016, down 31% quarter-over-quarter.
- 10 funds opened new ProShares Short QQQ positions in Q3 2016 and 12 closed out, a net change of -2 holders.
- The largest ProShares Short QQQ buyer in Q3 2016 was Water Oak Advisors, an estimated $7.2M added.
- The largest ProShares Short QQQ seller in Q3 2016 was Brinker Capital, an estimated $23.5M sold.
Based on aggregated 13F filings for Q3 2016.