ProShares Ultra QQQ
QLD
190 hedge funds and large institutions have $482M invested in ProShares Ultra QQQ in 2026 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 51 increasing their positions, 59 reducing their positions, and 37 closing their positions.
256% more call options, than puts
Call options by funds: $118M | Put options by funds: $33.3M
8.57% less ownership
Funds ownership: 14.41% → 5.84% (-8.6%)
10% less funds holding
Funds holding: 210 → 190 (-20)
14% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 59
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
41% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 37
69% less capital invested
Capital invested by funds: $1.55B → $482M (-$1.06B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWM
Westwood Wealth Management
Los Angeles,
California
|
+$14.8M |
| 2 |
Mariner
Overland Park,
Kansas
|
+$8.65M |
| 3 |
DWS
Discipline Wealth Solutions
Greenville,
South Carolina
|
+$6.35M |
| 4 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
+$4.93M |
| 5 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Howard Capital Management
Roswell,
Georgia
|
-$864M |
| 2 |
GVCM
Global View Capital Management
Waukesha,
Wisconsin
|
-$78.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$29.5M |
| 4 |
LPL Financial
San Diego,
California
|
-$6.32M |
| 5 |
TCI
Turner Capital Investments
Austin,
Texas
|
-$4.38M |
QLD Hedge Fund Activity: Q1 2026 in Review
190 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in ProShares Ultra QQQ (QLD) for Q1 2026, worth a combined $482M — down 69% from $1.55B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of QLD and 22 opened new positions — a net loss of 15 holders — while 59 trimmed existing stakes and 51 added.
The largest buyer was Westwood Wealth Management, opening a new position worth an estimated $14.8M. The largest seller was Howard Capital Management, exiting entirely with an estimated $864M sold.
- 190 institutional investors held ProShares Ultra QQQ (QLD) as of Q1 2026, down from 210 in Q4 2025.
- Funds reported $482M of ProShares Ultra QQQ stock for Q1 2026, down 69% quarter-over-quarter.
- 22 funds opened new ProShares Ultra QQQ positions in Q1 2026 and 37 closed out, a net change of -15 holders.
- The largest ProShares Ultra QQQ buyer in Q1 2026 was Westwood Wealth Management, an estimated $14.8M added.
- The largest ProShares Ultra QQQ seller in Q1 2026 was Howard Capital Management, an estimated $864M sold.
Based on aggregated 13F filings for Q1 2026.