ProShares Short QQQ
PSQ
85 hedge funds and large institutions have $210M invested in ProShares Short QQQ in 2025 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 15 closing their positions.
80% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 15
63% more call options, than puts
Call options by funds: $3.7M | Put options by funds: $2.28M
20% more capital invested
Capital invested by funds: $175M → $210M (+$35M)
15% more funds holding
Funds holding: 74 → 85 (+11)
1.89% more ownership
Funds ownership: 34.86% → 36.75% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quadrature Capital
London,
United Kingdom
|
+$8.57M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$8.41M |
| 3 |
Morgan Stanley
New York
|
+$6.2M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$5.45M |
| 5 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
+$4.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAG
RIA Advisory Group
Des Moines,
Iowa
|
-$14.8M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
-$5.24M |
| 3 |
AFS
AFG Fiduciary Services
Hingham,
Massachusetts
|
-$4.87M |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$4.79M |
| 5 |
SCI
Stableford Capital II
Scottsdale,
Arizona
|
-$3.41M |
PSQ Hedge Fund Activity: Q1 2025 in Review
85 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in ProShares Short QQQ (PSQ) for Q1 2025, worth a combined $210M — up 20% from $175M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PSQ positions and 15 closed out — a net gain of 12 holders — while 20 added to existing stakes and 24 trimmed.
The largest buyer was Quadrature Capital, opening a new position worth an estimated $8.57M. The largest seller was RIA Advisory Group, cutting an estimated $14.8M.
- 85 institutional investors held ProShares Short QQQ (PSQ) as of Q1 2025, up from 74 in Q4 2024.
- Funds reported $210M of ProShares Short QQQ stock for Q1 2025, up 20% quarter-over-quarter.
- 27 funds opened new ProShares Short QQQ positions in Q1 2025 and 15 closed out, a net change of +12 holders.
- The largest ProShares Short QQQ buyer in Q1 2025 was Quadrature Capital, an estimated $8.57M added.
- The largest ProShares Short QQQ seller in Q1 2025 was RIA Advisory Group, an estimated $14.8M sold.
Based on aggregated 13F filings for Q1 2025.