ProShares UltraPro Short QQQ
SQQQ
16 hedge funds and large institutions have $23.8M invested in ProShares UltraPro Short QQQ in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
60% more funds holding
Funds holding: 10 → 16 (+6)
14% more capital invested
Capital invested by funds: $20.9M → $23.8M (+$2.94M)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
62% less call options, than puts
Call options by funds: $19.6M | Put options by funds: $51M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.12M |
| 2 |
Jane Street
New York
|
+$1.12M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$1.12M |
| 4 |
WAM
Wellesley Asset Management
Portsmouth,
New Hampshire
|
+$1.12M |
| 5 |
JG
Jefferies Group
New York
|
+$894K |
Top Sellers
| 1 |
Citigroup
New York
|
-$923K |
| 2 |
Morgan Stanley
New York
|
-$894K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$894K |
| 4 |
Barclays
London,
United Kingdom
|
-$447K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$447K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MLIC
26
Mandatum Life Insurance Company
Helsinki,
Finland
| – | -$16K | – | – |
|
27
Simplex Trading
Chicago,
Illinois
| – | -$44K | – | – |
|
SQQQ Hedge Fund Activity: Q1 2016 in Review
16 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro Short QQQ (SQQQ) for Q1 2016, worth a combined $23.8M — up 14% from $20.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SQQQ positions and 1 closed out — a net gain of 6 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Bank of America, opening a new position worth an estimated $1.12M. The largest seller was Citigroup, exiting entirely with an estimated $923K sold.
- 16 institutional investors held ProShares UltraPro Short QQQ (SQQQ) as of Q1 2016, up from 10 in Q4 2015.
- Funds reported $23.8M of ProShares UltraPro Short QQQ stock for Q1 2016, up 14% quarter-over-quarter.
- 7 funds opened new ProShares UltraPro Short QQQ positions in Q1 2016 and 1 closed out, a net change of +6 holders.
- The largest ProShares UltraPro Short QQQ buyer in Q1 2016 was Bank of America, an estimated $1.12M added.
- The largest ProShares UltraPro Short QQQ seller in Q1 2016 was Citigroup, an estimated $923K sold.
Based on aggregated 13F filings for Q1 2016.