ProShares UltraPro Short QQQ
SQQQ
104 hedge funds and large institutions have $130M invested in ProShares UltraPro Short QQQ in 2024 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 38 increasing their positions, 22 reducing their positions, and 34 closing their positions.
274% more call options, than puts
Call options by funds: $115M | Put options by funds: $30.7M
73% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 22
0.1% less ownership
Funds ownership: 0.27% → 0.16% (-0.1%)
9% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 34
4% less funds holding
Funds holding: 108 → 104 (-4)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
43% less capital invested
Capital invested by funds: $228M → $130M (-$98.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$18.2M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
+$17.1M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$5.6M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$4.62M |
| 5 |
RVPG
Relative Value Partners Group
|
+$4.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$50.7M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$20.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$18.2M |
| 4 |
GS
GTS Securities
Miami,
Florida
|
-$14M |
| 5 |
Neuberger Berman Group
New York
|
-$9.64M |
SQQQ Hedge Fund Activity: Q1 2024 in Review
104 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro Short QQQ (SQQQ) for Q1 2024, worth a combined $130M — down 43% from $228M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of SQQQ and 31 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 38 added.
The largest buyer was Jane Street, adding an estimated $18.2M. The largest seller was HRT Financial, exiting entirely with an estimated $50.7M sold.
- 104 institutional investors held ProShares UltraPro Short QQQ (SQQQ) as of Q1 2024, down from 108 in Q4 2023.
- Funds reported $130M of ProShares UltraPro Short QQQ stock for Q1 2024, down 43% quarter-over-quarter.
- 31 funds opened new ProShares UltraPro Short QQQ positions in Q1 2024 and 34 closed out, a net change of -3 holders.
- The largest ProShares UltraPro Short QQQ buyer in Q1 2024 was Jane Street, an estimated $18.2M added.
- The largest ProShares UltraPro Short QQQ seller in Q1 2024 was HRT Financial, an estimated $50.7M sold.
Based on aggregated 13F filings for Q1 2024.