Hedge Funds Shift SQQQ Stakes: April 4, 2025 Update
Hedge Fund Activity and Recent Performance of ProShares UltraPro Short QQQ (SQQQ)
ProShares UltraPro Short QQQ (NASDAQ: SQQQ), an exchange-traded fund (ETF) designed to deliver three times the inverse daily performance of the NASDAQ-100 Index, saw significant activity from institutional investors and hedge funds during the fourth quarter of 2024 and the third quarter of 2024, according to recent SEC filings. Several firms adjusted their holdings, while others initiated new positions.
Headlands Technologies LLC established a new position in SQQQ, acquiring 93,839 shares valued at approximately $2.92 million. This represented about 0.14% of the ETF. Conversely, Edmond De Rothschild Holding S.A. and Hoey Investments Inc. both reduced their holdings by 80%, ending the quarter with 2,000 shares each, valued at $62,000.
Other notable changes include Centerpoint Advisors LLC increasing its SQQQ holdings by 20% to 6,000 shares ($187,000), World Investment Advisors LLC boosting its position by 51% to 28,000 shares ($207,000), and several new positions being established by Peoples Bank KS ($62,000), Foundations Investment Advisors LLC ($360,000), SBI Securities Co. Ltd. ($423,000), and Mirae Asset Global Investments Co. Ltd. ($439,000).
On Thursday, April 4th, 2025, SQQQ traded up, reaching a high of $42.53 (various sources report slightly differing closing prices between $42.46 and $42.53). Trading volume was significantly higher than average, at 133,903,516 shares compared to an average volume of 42,242,984. The stock’s 12-month low was $26.21, and its 12-month high was $64.95. Its 50-day moving average was $32.09, and its 200-day moving average was $32.96.
SQQQ also paid a quarterly dividend of $0.4823 per share on April 1st, 2025, to investors of record on March 26th. This translates to an annualized dividend of $1.93 and a yield ranging from 4.54% to 5.27% (variations reported across different sources). Analysts currently rate SQQQ as a “Hold,” but MarketBeat reports that top-rated analysts suggest other stocks as better buys. The fund seeks to achieve daily investment results that correspond to three times the inverse of the daily performance of the NASDAQ-100 Index.
ProShares UltraPro Short QQQ (NASDAQ: SQQQ), an exchange-traded fund (ETF) designed to deliver three times the inverse daily performance of the NASDAQ-100 Index, saw significant activity from institutional investors and hedge funds during the fourth quarter of 2024 and the third quarter of 2024, according to recent SEC filings. Several firms adjusted their holdings, while others initiated new positions.
Headlands Technologies LLC established a new position in SQQQ, acquiring 93,839 shares valued at approximately $2.92 million. This represented about 0.14% of the ETF. Conversely, Edmond De Rothschild Holding S.A. and Hoey Investments Inc. both reduced their holdings by 80%, ending the quarter with 2,000 shares each, valued at $62,000.
Other notable changes include Centerpoint Advisors LLC increasing its SQQQ holdings by 20% to 6,000 shares ($187,000), World Investment Advisors LLC boosting its position by 51% to 28,000 shares ($207,000), and several new positions being established by Peoples Bank KS ($62,000), Foundations Investment Advisors LLC ($360,000), SBI Securities Co. Ltd. ($423,000), and Mirae Asset Global Investments Co. Ltd. ($439,000).
On Thursday, April 4th, 2025, SQQQ traded up, reaching a high of $42.53 (various sources report slightly differing closing prices between $42.46 and $42.53). Trading volume was significantly higher than average, at 133,903,516 shares compared to an average volume of 42,242,984. The stock’s 12-month low was $26.21, and its 12-month high was $64.95. Its 50-day moving average was $32.09, and its 200-day moving average was $32.96.
SQQQ also paid a quarterly dividend of $0.4823 per share on April 1st, 2025, to investors of record on March 26th. This translates to an annualized dividend of $1.93 and a yield ranging from 4.54% to 5.27% (variations reported across different sources). Analysts currently rate SQQQ as a “Hold,” but MarketBeat reports that top-rated analysts suggest other stocks as better buys. The fund seeks to achieve daily investment results that correspond to three times the inverse of the daily performance of the NASDAQ-100 Index.
