ProShares Short QQQ
PSQ
81 hedge funds and large institutions have $163M invested in ProShares Short QQQ in 2025 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 17 closing their positions.
3,949% more call options, than puts
Call options by funds: $26.5M | Put options by funds: $655K
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
12% more capital invested
Capital invested by funds: $146M → $163M (+$17.3M)
9% more funds holding
Funds holding: 74 → 81 (+7)
3.75% more ownership
Funds ownership: 27.39% → 31.14% (+3.7%)
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$23.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$9.34M |
| 3 |
JF
Jump Financial
Chicago,
Illinois
|
+$7.41M |
| 4 |
OPOWM
One Plus One Wealth Management
Jupiter,
Florida
|
+$5.24M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$11M |
| 2 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
-$6.56M |
| 3 |
OC
Oppenheimer & Co
New York
|
-$4.58M |
| 4 |
Morgan Stanley
New York
|
-$4.22M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$3.48M |
PSQ Hedge Fund Activity: Q4 2025 in Review
81 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in ProShares Short QQQ (PSQ) for Q4 2025, worth a combined $163M — up 12% from $146M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PSQ positions and 17 closed out — a net gain of 11 holders — while 20 added to existing stakes and 25 trimmed.
The largest buyer was UBS Group, adding an estimated $23.8M. The largest seller was Stratos Wealth Advisors, exiting entirely with an estimated $11M sold.
- 81 institutional investors held ProShares Short QQQ (PSQ) as of Q4 2025, up from 74 in Q3 2025.
- Funds reported $163M of ProShares Short QQQ stock for Q4 2025, up 12% quarter-over-quarter.
- 28 funds opened new ProShares Short QQQ positions in Q4 2025 and 17 closed out, a net change of +11 holders.
- The largest ProShares Short QQQ buyer in Q4 2025 was UBS Group, an estimated $23.8M added.
- The largest ProShares Short QQQ seller in Q4 2025 was Stratos Wealth Advisors, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2025.