Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Proshares Tr (SQQQ)

76 + Investors. Track Smart Money conviction in SQQQ. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
2Q ▼
Buyers last Q
50%

Smart Money Signals — SQQQ

Based on 76 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their SQQQ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 85% of 2.0Y peak

85% of all-time peak
76 funds currently hold this stock — 85% of the 2.0-year high of 89 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +9% more funds vs a year ago

fund count last 6Q
+6 new funds entered over the past year (+9% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

48 buying48 selling
Last quarter: 48 funds bought or added vs 48 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~23 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 31 → 32 → 22 → 23. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 43% entered in last year

■ 5% conviction (2yr+) ■ 51% medium ■ 43% new
Only 4 funds (5%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +18% but shares only +1% — price-driven

Value
+18%
Shares
+1%
Last quarter: the total dollar value of institutional holdings rose +18%, but actual share count only changed +1%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📊

Peak discovery — momentum slowing

29 → 31 → 32 → 22 → 23 new funds/Q
New funds entering each quarter: 31 → 32 → 22 → 23. SQQQ is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱

Early stage — 58% of holders entered in last year

■ 1% veterans ■ 40% 1-2yr ■ 58% new
Of 84 current holders: 49 (58%) entered in the past year, only 1 (1%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆

Elite ownership — 90% AUM from top-100 funds

90% from top-100 AUM funds
15 of 76 holders are among the 100 largest funds by AUM, controlling 90% of total institutional value in SQQQ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — SQQQ

In 2026 Q1, 48 hedge funds were net buyers of SQQQ (23 opened a new position, 25 added to an existing one), while 48 reduced or exited (24 trimmed, 24 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 90% of total institutional value in SQQQ is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 76.

Hedge Fund Ownership: SQQQ

How many hedge funds hold SQQQ — quarterly history vs. share price
Quarterly hedge fund ownership of SQQQ vs. share price

Market Analysis: SQQQ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SQQQ

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Proshares Tr (SQQQ) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SQQQ has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
SQQQ
-50.3%
SPY
+14.1%

SQQQ outperformed SPY by -64.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
SQQQ
-6.8%
SPY
+0.3%

Since the filing became public, SQQQ outperformed SPY by -7.1% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 2 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
2.3
/ 10
conviction
Hedge Fund Positioning: SQQQ
76 + Investors

Track Smart Money conviction in SQQQ. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 76 77 -1.3%
13F Shares 15M 15M 1.0%
Total Value $1.23B $1.04B 18.42%
New Positions 23 22 +1
Increased Positions 23 8 +15
Closed Positions 24 34 -10
Reduced Positions 21 46 -25
Total Calls 6 7 -14.29%
Total Puts 7 5 40.0%
PUT/CALL Ratio 1.17 0.71 Neutral

Statistics: SQQQ

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Financial Highlights

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Institutional Holders (2026 Q1)

76 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in SQQQ. Verified SEC 13F-HR filings.

QUARTER:
Top 25 SQQQ holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 TB Alternative Assets Ltd. 3.70% 220,987 $17.8M
2 GatePass Capital, LLC 2.25% 60,000 $4.8M
3 PayPay Securities Corp 1.99% 979 $57K
4 AXS Investments LLC 1.39% 42,689 $3.4M
5 Chelsea Counsel Co 0.69% 23,487 $1.6M
6 Sassicaia Capital Advisers LLC 0.27% 3,000 $241K
7 Astra Wealth Partners LLC 0.26% 5,400 $435K
8 Woodward Diversified Capital, LLC 0.24% 9,180 $518K
9 StoneX Group Inc. 0.22% 49,795 $4.0M
10 Two Sigma Securities, LLC 0.20% 21,415 $1.7M
11 Integrity Financial Corp /WA 0.17% 4,298 $346K
12 Pinnacle Family Advisors, LLC 0.14% 3,751 $302K
13 Nwam LLC 0.08% 18,136 $1.5M
14 Crusonia Wealth Advisors LLC 0.07% 4,115 $331K
15 Intellectus Partners, LLC 0.07% 4,000 $322K
16 Gw Henssler & Associates Ltd 0.06% 15,478 $1.2M
17 PCG Wealth Advisors, LLC 0.06% 2,881 $232K
18 WealthPlan Investment Management, LLC 0.04% 9,050 $728K
19 Summit Financial, LLC 0.04% 38,431 $3.1M
20 Hollencrest Capital Management 0.04% 12,900 $1.0M
21 Citadel Advisors LLC 0.04% 2,844,448 $228.9M
22 Wexford Capital LP 0.03% 2,793 $225K
23 Susquehanna International Group, LLP 0.03% 3,548,600 $285.6M
24 CWA Asset Management Group, LLC 0.03% 11,000 $885K
25 Redwood Park Advisors LLC 0.03% 560 $45K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Proshares Tr (SQQQ)

What does the Smart Money Trend signal show for SQQQ?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their SQQQ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for SQQQ?

Slight buying edge — 50% buying: Last quarter: 48 funds bought or added vs 48 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for SQQQ holders?

Elite ownership — 90% AUM from top-100 funds: 15 of 76 holders are among the 100 largest funds by AUM, controlling 90% of total institutional value in SQQQ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held SQQQ?

Mostly new holders — 43% entered in last year: Only 4 funds (5%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Proshares Tr (SQQQ) following the 2026 Q1 hedge fund 13F filings?

As of today, SQQQ has moved -6.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -7.1%. Since the quarter end (March 31, 2026), SQQQ has gained -50.3% vs +14.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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