ProShares UltraPro QQQ
TQQQ
335 hedge funds and large institutions have $1.29B invested in ProShares UltraPro QQQ in 2025 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 84 increasing their positions, 135 reducing their positions, and 42 closing their positions.
43% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 42
8% more funds holding in top 10
Funds holding in top 10: 13 → 14 (+1)
5% more funds holding
Funds holding: 320 → 335 (+15)
6.58% less ownership
Funds ownership: 10.93% → 4.35% (-6.6%)
13% less capital invested
Capital invested by funds: $1.49B → $1.29B (-$196M)
16% less call options, than puts
Call options by funds: $1.81B | Put options by funds: $2.16B
38% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 135
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$21.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$16.5M |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$15M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
+$12M |
| 5 |
Optiver Holding
Amsterdam,
Netherlands
|
+$8.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$130M |
| 2 |
CF
Cantor Fitzgerald
New York
|
-$80.6M |
| 3 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$63.2M |
| 4 |
HCM
Howard Capital Management
Roswell,
Georgia
|
-$40.5M |
| 5 |
SCH
Shengqi Capital (HK)
Hong Kong
|
-$10.3M |
TQQQ Hedge Fund Activity: Q4 2025 in Review
335 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraPro QQQ (TQQQ) for Q4 2025, worth a combined $1.29B — down 13% from $1.49B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new TQQQ positions and 42 closed out — a net gain of 18 holders — while 84 added to existing stakes and 135 trimmed.
The largest buyer was Citigroup, adding an estimated $21.5M. The largest seller was Jane Street, exiting entirely with an estimated $130M sold.
- 335 institutional investors held ProShares UltraPro QQQ (TQQQ) as of Q4 2025, up from 320 in Q3 2025.
- Funds reported $1.29B of ProShares UltraPro QQQ stock for Q4 2025, down 13% quarter-over-quarter.
- 60 funds opened new ProShares UltraPro QQQ positions in Q4 2025 and 42 closed out, a net change of +18 holders.
- The largest ProShares UltraPro QQQ buyer in Q4 2025 was Citigroup, an estimated $21.5M added.
- The largest ProShares UltraPro QQQ seller in Q4 2025 was Jane Street, an estimated $130M sold.
Based on aggregated 13F filings for Q4 2025.