ProShares UltraPro QQQ
TQQQ
270 hedge funds and large institutions have $729M invested in ProShares UltraPro QQQ in 2025 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 108 increasing their positions, 55 reducing their positions, and 55 closing their positions.
96% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 55
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
2% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 55
1.7% less ownership
Funds ownership: 9.17% → 7.47% (-1.7%)
2% less funds holding
Funds holding: 276 → 270 (-6)
23% less call options, than puts
Call options by funds: $721M | Put options by funds: $934M
35% less capital invested
Capital invested by funds: $1.13B → $729M (-$398M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
+$70.8M |
| 2 |
Goldman Sachs
New York
|
+$38.6M |
| 3 |
OHIF
Oriental Harbor Investment Fund
Hong Kong
|
+$36.9M |
| 4 |
TAA
TB Alternative Assets
Grand Cayman,
Cayman Islands
|
+$35.1M |
| 5 |
WAM
WT Asset Management
Hong Kong
|
+$28.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Howard Capital Management
Roswell,
Georgia
|
-$475M |
| 2 |
Jane Street
New York
|
-$16.4M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$7.19M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$7.12M |
| 5 |
RCM
Ridgepath Capital Management
Knoxville,
Tennessee
|
-$4.46M |
TQQQ Hedge Fund Activity: Q1 2025 in Review
270 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro QQQ (TQQQ) for Q1 2025, worth a combined $729M — down 35% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new TQQQ positions and 55 closed out — a net gain of 1 holder — while 108 added to existing stakes and 55 trimmed.
The largest buyer was Jump Financial, opening a new position worth an estimated $70.8M. The largest seller was Howard Capital Management, cutting an estimated $475M.
- 270 institutional investors held ProShares UltraPro QQQ (TQQQ) as of Q1 2025, down from 276 in Q4 2024.
- Funds reported $729M of ProShares UltraPro QQQ stock for Q1 2025, down 35% quarter-over-quarter.
- 56 funds opened new ProShares UltraPro QQQ positions in Q1 2025 and 55 closed out, a net change of +1 holder.
- The largest ProShares UltraPro QQQ buyer in Q1 2025 was Jump Financial, an estimated $70.8M added.
- The largest ProShares UltraPro QQQ seller in Q1 2025 was Howard Capital Management, an estimated $475M sold.
Based on aggregated 13F filings for Q1 2025.