ProShares UltraPro QQQ
TQQQ
40 hedge funds and large institutions have $62.8M invested in ProShares UltraPro QQQ in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 5 increasing their positions, 16 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
11% more funds holding
Funds holding: 36 → 40 (+4)
23% less capital invested
Capital invested by funds: $81.9M → $62.8M (-$19.1M)
28% less call options, than puts
Call options by funds: $198M | Put options by funds: $276M
64.06% less ownership
Funds ownership: 147.31% → 83.25% (-64%)
69% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$6.28M |
| 2 |
Jane Street
New York
|
+$4.37M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.25M |
| 4 |
Two Sigma Advisers
New York
|
+$3.23M |
| 5 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
+$735K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$9.35M |
| 2 |
Two Sigma Investments
New York
|
-$6.93M |
| 3 |
CG
Cutler Group
San Francisco,
California
|
-$5.42M |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$5.4M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.02M |
TQQQ Hedge Fund Activity: Q2 2017 in Review
40 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro QQQ (TQQQ) for Q2 2017, worth a combined $62.8M — down 23% from $81.9M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TQQQ positions and 9 closed out — a net gain of 4 holders — while 5 added to existing stakes and 16 trimmed.
The largest buyer was Wolverine Trading, opening a new position worth an estimated $6.28M. The largest seller was Bank of Montreal, cutting an estimated $9.35M.
- 40 institutional investors held ProShares UltraPro QQQ (TQQQ) as of Q2 2017, up from 36 in Q1 2017.
- Funds reported $62.8M of ProShares UltraPro QQQ stock for Q2 2017, down 23% quarter-over-quarter.
- 13 funds opened new ProShares UltraPro QQQ positions in Q2 2017 and 9 closed out, a net change of +4 holders.
- The largest ProShares UltraPro QQQ buyer in Q2 2017 was Wolverine Trading, an estimated $6.28M added.
- The largest ProShares UltraPro QQQ seller in Q2 2017 was Bank of Montreal, an estimated $9.35M sold.
Based on aggregated 13F filings for Q2 2017.