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ProShares Short QQQ

74 hedge funds and large institutions have $246M invested in ProShares Short QQQ in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 22 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

164% more call options, than puts

Call options by funds: $409K | Put options by funds: $155K

5% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 22

4.72% less ownership

Funds ownership: 10.27%5.55% (-4.7%)

27% less capital invested

Capital invested by funds: $335M → $246M (-$88.8M)

32% less funds holding

Funds holding: 10974 (-35)

65% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 49

75% less funds holding in top 10

Funds holding in top 10: 123 (-9)

Holders
74
Holders Change
-35
Holders Change %
-32.11%
% of All Funds
1.07%
Holding in Top 10
3
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-75%
% of All Funds
0.04%
New
17
Increased
21
Reduced
22
Closed
49
Calls
$409K
Puts
$155K
Net Calls
+$254K
Net Calls Change
-$1.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$60.7M +$12.6M +277,250 New
CIBC World Market
2
CIBC World Market
Ontario, Canada
$41.8M +$2.59M +56,752 +42%
Morgan Stanley
3
Morgan Stanley
New York
$22.2M -$72.1M -1,583,293 -76%
KWM
4
Kaydan Wealth Management
Michigan
$13.7M -$6.86M -150,474 -32%
UWM
5
Udine Wealth Management
Florida
$13.2M +$10M +219,378 +266%
UBS Group
6
UBS Group
Switzerland
$10.1M -$2.13M -46,639 -17%
IMC Chicago
7
IMC Chicago
Illinois
$9.15M +$9.52M +208,921 New
JF
8
Jump Financial
Illinois
$7.2M -$13M -284,465 -63%
ASN
9
Advisory Services Network
Georgia
$7.1M +$835K +18,330 +13%
OC
10
Oppenheimer & Co
New York
$5.53M +$44.2K +971 +0.8%
GCM
11
Gunderson Capital Management
South Carolina
$5.48M +$833K +18,276 +17%
BRWA
12
B. Riley Wealth Advisors
Florida
$4.7M +$905K +19,862 +30%
SC
13
Sykon Capital
New York
$4.16M +$4.33M +94,983 New
OPOWM
14
One Plus One Wealth Management
Florida
$3.64M -$1.99M -43,696 -34%
GCC
15
Game Creek Capital
Massachusetts
$3.37M +$319K +7,000 +10%
LPL Financial
16
LPL Financial
California
$2.9M -$1.12M -24,477 -27%
PHIMC
17
Private Harbour Investment Management & Counsel
Ohio
$2.88M -$18.2K -399 -0.6%
HAM
18
Hedges Asset Management
Nevada
$2.52M +$27.3K +600 +1%
AFG
19
Atomi Financial Group
New York
$2.4M +$1.07M +23,450 +75%
GS
20
GTS Securities
New York
$2.26M +$2.35M +51,602 New
LSC
21
Lesa Sroufe & Co
Washington
$1.79M +$31.2K +685 +2%
Lido Advisors
22
Lido Advisors
California
$1.71M -$911 -20 -0.1%
TSS
23
Two Sigma Securities
New York
$1.58M +$1.65M +36,127 New
VWM
24
Vigilare Wealth Management
Arizona
$1.45M +$481K +10,551 +47%
WWA
25
WCG Wealth Advisors
Nevada
$1.44M -$63.9K -1,402 -4%

PSQ Hedge Fund Activity: Q1 2024 in Review

74 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in ProShares Short QQQ (PSQ) for Q1 2024, worth a combined $246M — down 27% from $335M a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of PSQ and 17 opened new positions — a net loss of 32 holders — while 22 trimmed existing stakes and 21 added.

The largest buyer was Goldman Sachs, opening a new position worth an estimated $12.6M. The largest seller was Morgan Stanley, cutting an estimated $72.1M.

  • 74 institutional investors held ProShares Short QQQ (PSQ) as of Q1 2024, down from 109 in Q4 2023.
  • Funds reported $246M of ProShares Short QQQ stock for Q1 2024, down 27% quarter-over-quarter.
  • 17 funds opened new ProShares Short QQQ positions in Q1 2024 and 49 closed out, a net change of -32 holders.
  • The largest ProShares Short QQQ buyer in Q1 2024 was Goldman Sachs, an estimated $12.6M added.
  • The largest ProShares Short QQQ seller in Q1 2024 was Morgan Stanley, an estimated $72.1M sold.

Based on aggregated 13F filings for Q1 2024.