ProShares UltraShort QQQ
QID
38 hedge funds and large institutions have $24.8M invested in ProShares UltraShort QQQ in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
83% more call options, than puts
Call options by funds: $11.2M | Put options by funds: $6.09M
41% more funds holding
Funds holding: 27 → 38 (+11)
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
0.07% less ownership
Funds ownership: 0.52% → 0.45% (-0.07%)
8% less capital invested
Capital invested by funds: $27M → $24.8M (-$2.23M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Southport Management
Wilson,
Wyoming
|
+$1.81M |
| 2 |
ST
Smithfield Trust
Pittsburgh,
Pennsylvania
|
+$1.67M |
| 3 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
+$1.65M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.53M |
| 5 |
CFS
CRA Financial Services
Northfield,
New Jersey
|
+$896K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$7.16M |
| 2 |
DS
DRW Securities
Chicago,
Illinois
|
-$965K |
| 3 |
GIM
Guild Investment Management
Los Angeles,
California
|
-$273K |
| 4 |
BFIC
Bedell Frazier Investment Counselling
Walnut Creek,
California
|
-$255K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$190K |
QID Hedge Fund Activity: Q3 2020 in Review
38 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort QQQ (QID) for Q3 2020, worth a combined $24.8M — down 8.3% from $27M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new QID positions and 7 closed out — a net gain of 11 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Southport Management, adding an estimated $1.81M. The largest seller was IMC Chicago, exiting entirely with an estimated $7.16M sold.
- 38 institutional investors held ProShares UltraShort QQQ (QID) as of Q3 2020, up from 27 in Q2 2020.
- Funds reported $24.8M of ProShares UltraShort QQQ stock for Q3 2020, down 8.3% quarter-over-quarter.
- 18 funds opened new ProShares UltraShort QQQ positions in Q3 2020 and 7 closed out, a net change of +11 holders.
- The largest ProShares UltraShort QQQ buyer in Q3 2020 was Southport Management, an estimated $1.81M added.
- The largest ProShares UltraShort QQQ seller in Q3 2020 was IMC Chicago, an estimated $7.16M sold.
Based on aggregated 13F filings for Q3 2020.