ProShares Ultra QQQ
88 hedge funds and large institutions have $209M invested in ProShares Ultra QQQ in 2020 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 29 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
24% more capital invested
Capital invested by funds: $168M → $209M (+$41M)
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
4% more funds holding
Funds holding: 85 → 88 (+3)
16% less call options, than puts
Call options by funds: $70M | Put options by funds: $83.4M
28% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 29
28.98% less ownership
Funds ownership: 53.86% → 24.88% (-29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$10.1M |
| 2 |
DS
DRW Securities
Chicago,
Illinois
|
+$8.82M |
| 3 |
HCM
Howard Capital Management
Roswell,
Georgia
|
+$5.06M |
| 4 |
GG
GenWealth Group
Maplewood,
New Jersey
|
+$1.77M |
| 5 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Cutler Group
San Francisco,
California
|
-$14.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$13.2M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$9.61M |
| 4 |
BCM
Beck Capital Management
Austin,
Texas
|
-$2.58M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.05M |
QLD Hedge Fund Activity: Q3 2020 in Review
88 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra QQQ (QLD) for Q3 2020, worth a combined $209M — up 24% from $168M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new QLD positions and 14 closed out — a net gain of 3 holders — while 21 added to existing stakes and 29 trimmed.
The largest buyer was Geneos Wealth Management, opening a new position worth an estimated $10.1M. The largest seller was Cutler Group, cutting an estimated $14.7M.
- 88 institutional investors held ProShares Ultra QQQ (QLD) as of Q3 2020, up from 85 in Q2 2020.
- Funds reported $209M of ProShares Ultra QQQ stock for Q3 2020, up 24% quarter-over-quarter.
- 17 funds opened new ProShares Ultra QQQ positions in Q3 2020 and 14 closed out, a net change of +3 holders.
- The largest ProShares Ultra QQQ buyer in Q3 2020 was Geneos Wealth Management, an estimated $10.1M added.
- The largest ProShares Ultra QQQ seller in Q3 2020 was Cutler Group, an estimated $14.7M sold.
Based on aggregated 13F filings for Q3 2020.