ProShares Ultra QQQ
168 hedge funds and large institutions have $429M invested in ProShares Ultra QQQ in 2025 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 50 reducing their positions, and 34 closing their positions.
208% more call options, than puts
Call options by funds: $82.8M | Put options by funds: $26.9M
6% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 50
13% less funds holding
Funds holding: 194 → 168 (-26)
21.28% less ownership
Funds ownership: 34.54% → 13.25% (-21%)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
59% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 34
77% less capital invested
Capital invested by funds: $1.84B → $429M (-$1.42B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$21.3M |
| 2 |
MFGM
Marshall Financial Group (Maryland)
Hunt Valley,
Maryland
|
+$19.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$4.71M |
| 4 |
OCM
Once Capital Management
New York
|
+$4.55M |
| 5 |
LPL Financial
San Diego,
California
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Howard Capital Management
Roswell,
Georgia
|
-$775M |
| 2 |
ACP
Aveo Capital Partners
Englewood,
Colorado
|
-$13.5M |
| 3 |
PWM
Prosperity Wealth Management
San Ramon,
California
|
-$13.2M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
-$10.3M |
| 5 |
GVCM
Global View Capital Management
Waukesha,
Wisconsin
|
-$8.4M |
QLD Hedge Fund Activity: Q1 2025 in Review
168 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra QQQ (QLD) for Q1 2025, worth a combined $429M — down 77% from $1.84B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of QLD and 14 opened new positions — a net loss of 20 holders — while 50 trimmed existing stakes and 47 added.
The largest buyer was IMC Chicago, opening a new position worth an estimated $21.3M. The largest seller was Howard Capital Management, cutting an estimated $775M.
- 168 institutional investors held ProShares Ultra QQQ (QLD) as of Q1 2025, down from 194 in Q4 2024.
- Funds reported $429M of ProShares Ultra QQQ stock for Q1 2025, down 77% quarter-over-quarter.
- 14 funds opened new ProShares Ultra QQQ positions in Q1 2025 and 34 closed out, a net change of -20 holders.
- The largest ProShares Ultra QQQ buyer in Q1 2025 was IMC Chicago, an estimated $21.3M added.
- The largest ProShares Ultra QQQ seller in Q1 2025 was Howard Capital Management, an estimated $775M sold.
Based on aggregated 13F filings for Q1 2025.