ProShares UltraPro Short QQQ
SQQQ
41 hedge funds and large institutions have $40.5M invested in ProShares UltraPro Short QQQ in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 6 reducing their positions, and 15 closing their positions.
217% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 6
32% more call options, than puts
Call options by funds: $61.1M | Put options by funds: $46.3M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.01% less ownership
Funds ownership: 0.02% → 0.01% (-0.01%)
11% less funds holding
Funds holding: 46 → 41 (-5)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
64% less capital invested
Capital invested by funds: $113M → $40.5M (-$72.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$11.3M |
| 2 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
+$11M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$8.01M |
| 4 |
Renaissance Technologies
New York
|
+$2.41M |
| 5 |
Morgan Stanley
New York
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$25M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$20.6M |
| 3 |
Jane Street
New York
|
-$10.9M |
| 4 |
CG
Cutler Group
San Francisco,
California
|
-$3.58M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$2.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Simplex Trading
Chicago,
Illinois
| – | -$2.71M | -223 | Closed |
|
|
SI
52
SCP Investment
Orinda,
California
| – | -$1.95M | -160 | Closed |
|
|
FIA
53
FNY Investment Advisers
New York
| – | -$860K | -71 | Closed |
|
|
CAGAS
54
Capital Advisory Group Advisory Services
Bloomington,
Minnesota
| – | -$323K | -26 | Closed |
|
|
HIS
55
Harvest Investment Services
Oakbrook Terrace,
Illinois
| – | -$260K | -21 | Closed |
|
|
GHAM
56
Gilman Hill Asset Management
New Canaan,
Connecticut
| – | -$195K | -16 | Closed |
|
|
CFD
57
Creative Financial Designs
Kokomo,
Indiana
| – | -$97K | -8 | Closed |
|
|
WCG
58
Weaver Consulting Group
Huntington Beach,
California
| – | -$32K | -3 | Closed |
|
|
ASN
59
Advisory Services Network
Atlanta,
Georgia
| – | -$27K | -2 | Closed |
|
60
Citigroup
New York
| – | -$8K | -1 | Closed |
|
61
Walleye Trading
New York
| – | -$4K | – | – |
|
SQQQ Hedge Fund Activity: Q2 2020 in Review
41 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro Short QQQ (SQQQ) for Q2 2020, worth a combined $40.5M — down 64% from $113M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SQQQ and 11 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 19 added.
The largest buyer was B. Riley Financial, opening a new position worth an estimated $11.3M. The largest seller was IMC Chicago, exiting entirely with an estimated $25M sold.
- 41 institutional investors held ProShares UltraPro Short QQQ (SQQQ) as of Q2 2020, down from 46 in Q1 2020.
- Funds reported $40.5M of ProShares UltraPro Short QQQ stock for Q2 2020, down 64% quarter-over-quarter.
- 11 funds opened new ProShares UltraPro Short QQQ positions in Q2 2020 and 15 closed out, a net change of -4 holders.
- The largest ProShares UltraPro Short QQQ buyer in Q2 2020 was B. Riley Financial, an estimated $11.3M added.
- The largest ProShares UltraPro Short QQQ seller in Q2 2020 was IMC Chicago, an estimated $25M sold.
Based on aggregated 13F filings for Q2 2020.