ProShares UltraPro QQQ
TQQQ
307 hedge funds and large institutions have $1.4B invested in ProShares UltraPro QQQ in 2025 Q2 according to their latest regulatory filings, with 87 funds opening new positions, 105 increasing their positions, 79 reducing their positions, and 46 closing their positions.
92% more capital invested
Capital invested by funds: $729M → $1.4B (+$674M)
89% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 46
59% more call options, than puts
Call options by funds: $2.25B | Put options by funds: $1.41B
33% more funds holding in top 10
Funds holding in top 10: 12 → 16 (+4)
33% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 79
14% more funds holding
Funds holding: 269 → 307 (+38)
2.78% more ownership
Funds ownership: 7.47% → 10.24% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Howard Capital Management
Roswell,
Georgia
|
+$281M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$73.1M |
| 3 |
MSCM
McElhenny Sheffield Capital Management
Dallas,
Texas
|
+$41.2M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
+$27.1M |
| 5 |
GS
GTS Securities
New York
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
-$35.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$28.2M |
| 3 |
TAA
TB Alternative Assets
Grand Cayman,
Cayman Islands
|
-$26.5M |
| 4 |
Goldman Sachs
New York
|
-$26M |
| 5 |
WAM
WT Asset Management
Hong Kong
|
-$21.2M |
TQQQ Hedge Fund Activity: Q2 2025 in Review
307 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro QQQ (TQQQ) for Q2 2025, worth a combined $1.4B — up 92% from $729M a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new TQQQ positions and 46 closed out — a net gain of 41 holders — while 105 added to existing stakes and 79 trimmed.
The largest buyer was Howard Capital Management, adding an estimated $281M. The largest seller was Jump Financial, cutting an estimated $35.9M.
- 307 institutional investors held ProShares UltraPro QQQ (TQQQ) as of Q2 2025, up from 269 in Q1 2025.
- Funds reported $1.4B of ProShares UltraPro QQQ stock for Q2 2025, up 92% quarter-over-quarter.
- 87 funds opened new ProShares UltraPro QQQ positions in Q2 2025 and 46 closed out, a net change of +41 holders.
- The largest ProShares UltraPro QQQ buyer in Q2 2025 was Howard Capital Management, an estimated $281M added.
- The largest ProShares UltraPro QQQ seller in Q2 2025 was Jump Financial, an estimated $35.9M sold.
Based on aggregated 13F filings for Q2 2025.