ProShares Short QQQ
PSQ
74 hedge funds and large institutions have $146M invested in ProShares Short QQQ in 2025 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 19 closing their positions.
471% more call options, than puts
Call options by funds: $27.1M | Put options by funds: $4.74M
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4.42% less ownership
Funds ownership: 31.81% → 27.39% (-4.4%)
9% less funds holding
Funds holding: 81 → 74 (-7)
9% less capital invested
Capital invested by funds: $160M → $146M (-$14.2M)
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
+$11.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$10.7M |
| 3 |
OC
Oppenheimer & Co
New York
|
+$3.53M |
| 4 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
+$2.96M |
| 5 |
AFS
AFG Fiduciary Services
Hingham,
Massachusetts
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.7M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$8.95M |
| 3 |
JF
Jump Financial
Chicago,
Illinois
|
-$5.75M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$5.62M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.32M |
PSQ Hedge Fund Activity: Q3 2025 in Review
74 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in ProShares Short QQQ (PSQ) for Q3 2025, worth a combined $146M — down 8.9% from $160M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PSQ and 12 opened new positions — a net loss of 7 holders — while 18 trimmed existing stakes and 28 added.
The largest buyer was Stratos Wealth Advisors, opening a new position worth an estimated $11.6M. The largest seller was Morgan Stanley, cutting an estimated $10.7M.
- 74 institutional investors held ProShares Short QQQ (PSQ) as of Q3 2025, down from 81 in Q2 2025.
- Funds reported $146M of ProShares Short QQQ stock for Q3 2025, down 8.9% quarter-over-quarter.
- 12 funds opened new ProShares Short QQQ positions in Q3 2025 and 19 closed out, a net change of -7 holders.
- The largest ProShares Short QQQ buyer in Q3 2025 was Stratos Wealth Advisors, an estimated $11.6M added.
- The largest ProShares Short QQQ seller in Q3 2025 was Morgan Stanley, an estimated $10.7M sold.
Based on aggregated 13F filings for Q3 2025.