ProShares UltraPro Short QQQ
SQQQ
113 hedge funds and large institutions have $336M invested in ProShares UltraPro Short QQQ in 2023 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 41 increasing their positions, 15 reducing their positions, and 39 closing their positions.
173% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 15
124% more call options, than puts
Call options by funds: $166M | Put options by funds: $74.1M
91% more capital invested
Capital invested by funds: $176M → $336M (+$160M)
0.14% more ownership
Funds ownership: 0.15% → 0.29% (+0.14%)
3% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 39
2% less funds holding
Funds holding: 115 → 113 (-2)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$101M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$37.2M |
| 3 |
HM
HCEP Management
Hong Kong
|
+$31.3M |
| 4 |
RC
RBF Capital
San Francisco,
California
|
+$18M |
| 5 |
Jane Street
New York
|
+$17.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
-$10.1M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
-$8.83M |
| 3 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
-$8.59M |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
-$5.79M |
| 5 |
DWM
Drive Wealth Management
Lehi,
Utah
|
-$5.39M |
SQQQ Hedge Fund Activity: Q2 2023 in Review
113 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro Short QQQ (SQQQ) for Q2 2023, worth a combined $336M — up 91% from $176M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of SQQQ and 38 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 41 added.
The largest buyer was IMC Chicago, opening a new position worth an estimated $101M. The largest seller was CTC (Chicago Trading Company), exiting entirely with an estimated $10.1M sold.
- 113 institutional investors held ProShares UltraPro Short QQQ (SQQQ) as of Q2 2023, down from 115 in Q1 2023.
- Funds reported $336M of ProShares UltraPro Short QQQ stock for Q2 2023, up 91% quarter-over-quarter.
- 38 funds opened new ProShares UltraPro Short QQQ positions in Q2 2023 and 39 closed out, a net change of -1 holder.
- The largest ProShares UltraPro Short QQQ buyer in Q2 2023 was IMC Chicago, an estimated $101M added.
- The largest ProShares UltraPro Short QQQ seller in Q2 2023 was CTC (Chicago Trading Company), an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2023.