ProShares UltraPro QQQ
TQQQ
60 hedge funds and large institutions have $82.3M invested in ProShares UltraPro QQQ in 2018 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 9 increasing their positions, 23 reducing their positions, and 10 closing their positions.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
25% more funds holding
Funds holding: 48 → 60 (+12)
23% less call options, than puts
Call options by funds: $383M | Put options by funds: $496M
41% less capital invested
Capital invested by funds: $139M → $82.3M (-$56.5M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
61% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 23
77.15% less ownership
Funds ownership: 140.27% → 63.12% (-77%)
Top Buyers
| 1 |
VF
Virtu Financial
New York
|
+$4.73M |
| 2 |
DS
DRW Securities
Chicago,
Illinois
|
+$4.34M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.1M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$1.75M |
| 5 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$1.65M |
Top Sellers
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$27.7M |
| 2 |
Morgan Stanley
New York
|
-$23.6M |
| 3 |
GA
GFS Advisors
Houston,
Texas
|
-$11M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$8.12M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.46M |
TQQQ Hedge Fund Activity: Q1 2018 in Review
60 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro QQQ (TQQQ) for Q1 2018, worth a combined $82.3M — down 41% from $139M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new TQQQ positions and 10 closed out — a net gain of 13 holders — while 9 added to existing stakes and 23 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $4.73M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $27.7M sold.
- 60 institutional investors held ProShares UltraPro QQQ (TQQQ) as of Q1 2018, up from 48 in Q4 2017.
- Funds reported $82.3M of ProShares UltraPro QQQ stock for Q1 2018, down 41% quarter-over-quarter.
- 23 funds opened new ProShares UltraPro QQQ positions in Q1 2018 and 10 closed out, a net change of +13 holders.
- The largest ProShares UltraPro QQQ buyer in Q1 2018 was Virtu Financial, an estimated $4.73M added.
- The largest ProShares UltraPro QQQ seller in Q1 2018 was Balyasny Asset Management, an estimated $27.7M sold.
Based on aggregated 13F filings for Q1 2018.