ProShares UltraPro Short QQQ
SQQQ
115 hedge funds and large institutions have $176M invested in ProShares UltraPro Short QQQ in 2023 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 35 increasing their positions, 13 reducing their positions, and 37 closing their positions.
169% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 13
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
155% more call options, than puts
Call options by funds: $322M | Put options by funds: $126M
54% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 37
19% more funds holding
Funds holding: 97 → 115 (+18)
0.43% less ownership
Funds ownership: 0.58% → 0.15% (-0.43%)
71% less capital invested
Capital invested by funds: $599M → $176M (-$422M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
+$28M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$19.1M |
| 3 |
Morgan Stanley
New York
|
+$15.8M |
| 4 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
+$12.8M |
| 5 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$147M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$94.7M |
| 3 |
Jane Street
New York
|
-$80M |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$11.6M |
| 5 |
TF
Trek Financial
Scottsdale,
Arizona
|
-$11.3M |
SQQQ Hedge Fund Activity: Q1 2023 in Review
115 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro Short QQQ (SQQQ) for Q1 2023, worth a combined $176M — down 71% from $599M a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new SQQQ positions and 37 closed out — a net gain of 20 holders — while 35 added to existing stakes and 13 trimmed.
The largest buyer was Jump Financial, adding an estimated $28M. The largest seller was Citigroup, cutting an estimated $147M.
- 115 institutional investors held ProShares UltraPro Short QQQ (SQQQ) as of Q1 2023, up from 97 in Q4 2022.
- Funds reported $176M of ProShares UltraPro Short QQQ stock for Q1 2023, down 71% quarter-over-quarter.
- 57 funds opened new ProShares UltraPro Short QQQ positions in Q1 2023 and 37 closed out, a net change of +20 holders.
- The largest ProShares UltraPro Short QQQ buyer in Q1 2023 was Jump Financial, an estimated $28M added.
- The largest ProShares UltraPro Short QQQ seller in Q1 2023 was Citigroup, an estimated $147M sold.
Based on aggregated 13F filings for Q1 2023.