ProShares UltraPro QQQ
TQQQ
106 hedge funds and large institutions have $300M invested in ProShares UltraPro QQQ in 2020 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 26 increasing their positions, 37 reducing their positions, and 21 closing their positions.
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
24% more call options, than puts
Call options by funds: $1.31B | Put options by funds: $1.06B
9% more capital invested
Capital invested by funds: $274M → $300M (+$25.8M)
6% more funds holding
Funds holding: 100 → 106 (+6)
7.09% less ownership
Funds ownership: 34.44% → 27.35% (-7.1%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
30% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$25.1M |
| 2 |
SG Americas Securities
New York
|
+$19.1M |
| 3 |
DS
DRW Securities
Chicago,
Illinois
|
+$15.7M |
| 4 |
Jane Street
New York
|
+$7.62M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$6.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$25.6M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$14.6M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$14.2M |
| 4 |
HF
HRT Financial
New York
|
-$8.25M |
| 5 |
HI
Hoey Investments
Coatesville,
Pennsylvania
|
-$6.73M |
TQQQ Hedge Fund Activity: Q3 2020 in Review
106 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro QQQ (TQQQ) for Q3 2020, worth a combined $300M — up 9.4% from $274M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new TQQQ positions and 21 closed out — a net gain of 7 holders — while 26 added to existing stakes and 37 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $25.1M. The largest seller was Citadel Advisors, cutting an estimated $25.6M.
- 106 institutional investors held ProShares UltraPro QQQ (TQQQ) as of Q3 2020, up from 100 in Q2 2020.
- Funds reported $300M of ProShares UltraPro QQQ stock for Q3 2020, up 9.4% quarter-over-quarter.
- 28 funds opened new ProShares UltraPro QQQ positions in Q3 2020 and 21 closed out, a net change of +7 holders.
- The largest ProShares UltraPro QQQ buyer in Q3 2020 was Susquehanna International Group, an estimated $25.1M added.
- The largest ProShares UltraPro QQQ seller in Q3 2020 was Citadel Advisors, an estimated $25.6M sold.
Based on aggregated 13F filings for Q3 2020.