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ProShares UltraPro QQQ

174 hedge funds and large institutions have $470M invested in ProShares UltraPro QQQ in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 61 increasing their positions, 54 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more call options, than puts

Call options by funds: $646M | Put options by funds: $350M

13% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 54

1.2% less ownership

Funds ownership: 7.09%5.89% (-1.2%)

9% less funds holding

Funds holding: 192174 (-18)

30% less capital invested

Capital invested by funds: $669M → $470M (-$198M)

30% less funds holding in top 10

Funds holding in top 10: 107 (-3)

40% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 40

Holders
174
Holders Change
-18
Holders Change %
-9.38%
% of All Funds
2.76%
Holding in Top 10
7
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-30%
% of All Funds
0.11%
New
24
Increased
61
Reduced
54
Closed
40
Calls
$646M
Puts
$350M
Net Calls
+$296M
Net Calls Change
-$152M
Name Holding Trade Value Shares
Change
Change in
Stake
GS
1
GTS Securities
New York
$71.1M -$20.4M -1,007,958 -20%
PA
2
Paragon Advisors
Texas
$50.9M +$793K +39,096 +1%
JF
3
Jump Financial
Illinois
$34.3M +$28.9M +1,426,850 +286%
CF
4
Cantor Fitzgerald
New York
$33.4M -$1.22M -60,342 -3%
PWM
5
Prosperity Wealth Management
California
$33.3M +$867K +42,778 +2%
TAA
6
TB Alternative Assets
Cayman Islands
$23.7M -$13.4M -660,200 -33%
IMC Chicago
7
IMC Chicago
Illinois
$18.9M +$6.98M +343,988 +48%
Goldman Sachs
8
Goldman Sachs
New York
$18.2M -$280K -13,832 -1%
AWE
9
Avidian Wealth Enterprises
Texas
$14.8M -$362K -17,848 -2%
Morgan Stanley
10
Morgan Stanley
New York
$14.6M +$1.87M +91,982 +13%
Bank of America
11
Bank of America
North Carolina
$10.4M -$243K -12,000 -2%
CTC (Chicago Trading Company)
12
CTC (Chicago Trading Company)
Illinois
$9.04M +$4.2M +207,102 +69%
Jane Street
13
Jane Street
New York
$8.78M -$4.54M -223,714 -31%
RF
14
Rollins Financial
Georgia
$7.78M +$4.9M +241,690 +124%
XS
15
XR Securities
Illinois
$6.53M +$6.93M +341,916 +1,379%
Simplex Trading
16
Simplex Trading
Illinois
$5.94M -$12.8M -628,876 -65%
IFG
17
Independent Financial Group
California
$5.68M +$354K +17,444 +6%
PFO
18
Pathstone Family Office
New Jersey
$5.65M +$6.43M +317,320 New
EP
19
Edgestream Partners
New Jersey
$5.54M +$720K +35,486 +13%
Bank of Nova Scotia
20
Bank of Nova Scotia
Ontario, Canada
$5.34M
AWM
21
Axxcess Wealth Management
California
$4.62M -$464K -22,870 -8%
Corient Private Wealth
22
Corient Private Wealth
Florida
$4.14M +$4.5M +221,946 +2,169%
TFA
23
Toth Financial Advisory
Virginia
$3.99M -$53.9K -2,660 -1%
ONB
24
Old National Bancorp
Indiana
$2.79M
Creative Planning
25
Creative Planning
Kansas
$2.43M +$178K +8,786 +7%

TQQQ Hedge Fund Activity: Q3 2023 in Review

174 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro QQQ (TQQQ) for Q3 2023, worth a combined $470M — down 30% from $669M a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of TQQQ and 24 opened new positions — a net loss of 16 holders — while 54 trimmed existing stakes and 61 added.

The largest buyer was Jump Financial, adding an estimated $28.9M. The largest seller was Citadel Advisors, exiting entirely with an estimated $48.4M sold.

  • 174 institutional investors held ProShares UltraPro QQQ (TQQQ) as of Q3 2023, down from 192 in Q2 2023.
  • Funds reported $470M of ProShares UltraPro QQQ stock for Q3 2023, down 30% quarter-over-quarter.
  • 24 funds opened new ProShares UltraPro QQQ positions in Q3 2023 and 40 closed out, a net change of -16 holders.
  • The largest ProShares UltraPro QQQ buyer in Q3 2023 was Jump Financial, an estimated $28.9M added.
  • The largest ProShares UltraPro QQQ seller in Q3 2023 was Citadel Advisors, an estimated $48.4M sold.

Based on aggregated 13F filings for Q3 2023.