ProShares UltraPro Short QQQ
SQQQ
64 hedge funds and large institutions have $410M invested in ProShares UltraPro Short QQQ in 2025 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 28 closing their positions.
430% more call options, than puts
Call options by funds: $571M | Put options by funds: $108M
163% more capital invested
Capital invested by funds: $156M → $410M (+$254M)
1.9% more ownership
Funds ownership: 1.41% → 3.31% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 28
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
6% less funds holding
Funds holding: 68 → 64 (-4)
Top Buyers
| 1 |
Jane Street
New York
|
+$165M |
| 2 |
Optiver Holding
Amsterdam,
Netherlands
|
+$41.8M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$15.4M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$14.3M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
+$13.7M |
Top Sellers
| 1 |
UBS Group
Zurich,
Switzerland
|
-$26.5M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
-$14.2M |
| 3 |
SCM
Sollinda Capital Management
Miami,
Florida
|
-$13.9M |
| 4 |
Squarepoint
New York
|
-$7.33M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$4.27M |
SQQQ Hedge Fund Activity: Q1 2025 in Review
64 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro Short QQQ (SQQQ) for Q1 2025, worth a combined $410M — up 163% from $156M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SQQQ and 26 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 12 added.
The largest buyer was Jane Street, adding an estimated $165M. The largest seller was UBS Group, cutting an estimated $26.5M.
- 64 institutional investors held ProShares UltraPro Short QQQ (SQQQ) as of Q1 2025, down from 68 in Q4 2024.
- Funds reported $410M of ProShares UltraPro Short QQQ stock for Q1 2025, up 163% quarter-over-quarter.
- 26 funds opened new ProShares UltraPro Short QQQ positions in Q1 2025 and 28 closed out, a net change of -2 holders.
- The largest ProShares UltraPro Short QQQ buyer in Q1 2025 was Jane Street, an estimated $165M added.
- The largest ProShares UltraPro Short QQQ seller in Q1 2025 was UBS Group, an estimated $26.5M sold.
Based on aggregated 13F filings for Q1 2025.