Who owns ProShares Short QQQ (PSQ)
Which tracked institutional funds hold PSQ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PSQ company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
18 tracked funds added or opened PSQ while 42 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
PSQ’s largest tracked holder by dollar value, Ryan Investment Management, Inc., sizes it at 15.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 15.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PSQ divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 74 tracked filers holding PSQ, 38 increased or opened the position and 61 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in PSQ between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 10
- Rothschild Capital Partners, LLC$8M
- GOLDMAN SACHS GROUP INC$6M
- Hedges Asset Management LLC$4M
- STERLING INVESTMENT MANAGEMENT, LLC$3M
- Mutual Advisors, LLC$3M
- StoneX Group Inc.$1M
Full exits 23
- Ryan Investment Management, Inc.$34M
- FOURPATH CAPITAL MANAGEMENT, LLC$18M
- Arkadios Wealth Advisors$10M
- Deane Retirement Strategies, Inc.$10M
- CITADEL ADVISORS LLC$6M
- Gunderson Capital Management LLC$5M
Largest adds
- OPPENHEIMER & CO INC$4M
- Vontobel Holding Ltd.$2M
- AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP$1M
- Arax Advisory Partners$1M
- Headlands Technologies LLC$864K
- Axiom Investment Management LLC$354K
Largest trims
- MORGAN STANLEY$131M
- UBS Group AG$14M
- RENAISSANCE TECHNOLOGIES LLC$8M
- ONE PLUS ONE WEALTH MANAGEMENT, LLC$7M
- Game Creek Capital, LP$7M
- Fiduciary Trust Co$4M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MORGAN STANLEY trimmed | 972,261 | $24M | 9.7% | 2026-Q2 |
| ONE PLUS ONE WEALTH MANAGEMENT, LLC trimmed | 403,024 | $10M | 4.0% | 2026-Q2 |
| Rothschild Capital Partners, LLC new | 310,033 | $8M | 3.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC new | 250,560 | $6M | 2.5% | 2026-Q2 |
| LPL Financial LLC added | 243,477 | $6M | 2.4% | 2026-Q2 |
| OPPENHEIMER & CO INC added | 215,890 | $5M | 2.2% | 2026-Q2 |
| Vontobel Holding Ltd. added | 187,029 | $5M | 1.9% | 2026-Q2 |
| Hedges Asset Management LLC added | 152,200 | $4M | 1.5% | 2026-Q2 |
| AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP added | 129,962 | $3M | 1.3% | 2026-Q2 |
| STERLING INVESTMENT MANAGEMENT, LLC added | 121,827 | $3M | 1.2% | 2026-Q2 |
| LEUTHOLD GROUP, LLC trimmed | 120,629 | $3M | 1.2% | 2026-Q2 |
| Mutual Advisors, LLC added | 115,915 | $3M | 1.2% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 85,801 | $2M | 0.9% | 2026-Q2 |
| Fiduciary Trust Co trimmed | 79,425 | $2M | 0.8% | 2026-Q2 |
| UBS Group AG trimmed | 74,061 | $2M | 0.7% | 2026-Q2 |
| Headlands Technologies LLC added | 70,440 | $2M | 0.7% | 2026-Q2 |
| Arax Advisory Partners added | 66,740 | $2M | 0.7% | 2026-Q2 |
| Per Stirling Capital Management, LLC. trimmed | 65,763 | $2M | 0.7% | 2026-Q2 |
| Game Creek Capital, LP trimmed | 62,750 | $2M | 0.6% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 60,687 | $2M | 0.6% | 2026-Q2 |
| StoneX Group Inc. added | 55,416 | $1M | 0.6% | 2026-Q2 |
| Private Harbour Investment Management & Counsel, LLC trimmed | 52,665 | $1M | 0.5% | 2026-Q2 |
| Ballew Advisors, Inc added | 43,616 | $1M | 0.5% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 43,979 | $1M | 0.4% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new | 38,000 | $967K | 0.4% | 2026-Q2 |
| Vigilare Wealth Management trimmed | 32,345 | $811K | 0.3% | 2026-Q2 |
| Axiom Investment Management LLC added | 28,236 | $708K | 0.3% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 27,515 | $690K | 0.3% | 2026-Q2 |
| Jump Financial, LLC added | 24,880 | $623K | 0.2% | 2026-Q2 |
| Maltin Wealth Management, Inc. trimmed | 24,837 | $622K | 0.2% | 2026-Q2 |
| Range Financial Group LLC added | 23,748 | $595K | 0.2% | 2026-Q2 |
| Roger Wittlin Investment Advisory, LLC new | 23,008 | $577K | 0.2% | 2026-Q2 |
| Bison Wealth, LLC | 22,122 | $565K | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 20,788 | $521K | 0.2% | 2026-Q2 |
| Pinnacle Financial Partners, Inc. new | 19,230 | $482K | 0.2% | 2026-Q2 |
| ZACKS INVESTMENT MANAGEMENT new | 18,430 | $462K | 0.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 15,900 | $398K | 0.2% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 15,198 | $387K | 0.2% | 2026-Q2 |
| HCR Wealth Advisors trimmed | 15,000 | $376K | 0.1% | 2026-Q2 |
| M&T Bank Corp new | 14,470 | $363K | 0.1% | 2026-Q2 |
| Auour Investments LLC added | 13,735 | $344K | 0.1% | 2026-Q2 |
| RW Investment Management LLC | 12,920 | $324K | 0.1% | 2026-Q2 |
| Fox Hill Wealth Management added | 11,981 | $300K | 0.1% | 2026-Q2 |
| Intellectus Partners, LLC added | 10,381 | $260K | 0.1% | 2026-Q2 |
| Reyes Financial Architecture, Inc. | 9,562 | $240K | 0.1% | 2026-Q2 |
| CITIZENS FINANCIAL GROUP INC/RI added | 9,193 | $230K | 0.1% | 2026-Q2 |
| DV Trading LLC new | 9,100 | $228K | 0.1% | 2026-Q2 |
| MGO ONE SEVEN LLC trimmed | 9,009 | $226K | 0.1% | 2026-Q2 |
| Belvedere Trading LLC trimmed | 8,839 | $222K | 0.1% | 2026-Q2 |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors trimmed | 8,397 | $210K | 0.1% | 2026-Q2 |
| SEEDS INVESTOR LLC | 8,389 | $210K | 0.1% | 2026-Q2 |
| J. Safra Sarasin Holding AG new | 8,334 | $209K | 0.1% | 2026-Q2 |
| Union Bancaire Privee, UBP SA added | 10,000 | $206K | 0.1% | 2026-Q2 |
| Kovack Advisors, Inc. trimmed | 7,987 | $203K | 0.1% | 2026-Q2 |
| SIMPLEX TRADING, LLC trimmed | 7,459 | $187K | 0.1% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL trimmed | 1,028 | $26K | 0.0% | 2026-Q2 |
| Lodestone Wealth Management LLC | 797 | $20K | 0.0% | 2026-Q2 |
| VIMA LLC new | 625 | $16K | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC added | 616 | $15K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. | 615 | $15K | 0.0% | 2026-Q2 |
| Sterling Capital Management LLC | 382 | $10K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 261 | $7K | 0.0% | 2026-Q2 |
| ROTHSCHILD INVESTMENT LLC | 255 | $6K | 0.0% | 2026-Q2 |
| Atlantic Union Bankshares Corp trimmed | 175 | $4K | 0.0% | 2026-Q2 |
| SHP Wealth Management | 118 | $3K | 0.0% | 2026-Q2 |
| Wilkerson Advisory Group LLC | 103 | $3K | 0.0% | 2026-Q2 |
| LANARK FINANCIAL, INC. | 100 | $3K | 0.0% | 2026-Q2 |
| MH & ASSOCIATES SECURITIES MANAGEMENT CORP /ADV | 50 | $1K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 46 | $1K | 0.0% | 2026-Q2 |
| Blue Trust, Inc. | 26 | $652 | 0.0% | 2026-Q2 |
| Institute for Wealth Management, LLC. new | 23 | $577 | 0.0% | 2026-Q2 |
| Quest 10 Wealth Builders, Inc. | 9 | $226 | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. | 6 | $150 | 0.0% | 2026-Q2 |
| Clear Street Group Inc. new | 12,000 | — | 0.0% | 2026-Q2 |
| Ryan Investment Management, Inc. new | 1,065,625 | $34M | 13.7% | 2026-Q1 stale (1 quarter behind) |
| FOURPATH CAPITAL MANAGEMENT, LLC added | 552,024 | $18M | 7.1% | 2026-Q1 stale (1 quarter behind) |
| Arkadios Wealth Advisors added | 295,809 | $10M | 3.8% | 2026-Q1 stale (1 quarter behind) |
| Deane Retirement Strategies, Inc. new | 295,660 | $10M | 3.8% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC trimmed | 184,400 | $6M | 2.4% | 2026-Q1 stale (1 quarter behind) |
| Gunderson Capital Management LLC new | 144,169 | $5M | 1.9% | 2026-Q1 stale (1 quarter behind) |
| Lesa Sroufe & Co added | 108,715 | $4M | 1.4% | 2026-Q1 stale (1 quarter behind) |
| HighTower Advisors, LLC trimmed | 104,080 | $3M | 1.3% | 2026-Q1 stale (1 quarter behind) |
| Camarda Financial Advisors, LLC added | 86,722 | $3M | 1.1% | 2026-Q1 stale (1 quarter behind) |
| J2 Capital Management Inc new | 84,424 | $3M | 1.1% | 2026-Q1 stale (1 quarter behind) |
| Savior LLC added | 62,561 | $2M | 0.8% | 2026-Q1 stale (1 quarter behind) |
| Generation Capital Management LLC new | 59,200 | $2M | 0.8% | 2026-Q1 stale (1 quarter behind) |
| Lattice Capital Management, LLC | 59,000 | $2M | 0.7% | 2026-Q1 stale (1 quarter behind) |
| CreativeOne Wealth, LLC new | 45,000 | $1M | 0.6% | 2026-Q1 stale (1 quarter behind) |
| Simplicity Wealth,LLC added | 39,410 | $1M | 0.5% | 2026-Q1 stale (1 quarter behind) |
| Beacon Pointe Advisors, LLC trimmed | 30,690 | $988K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| U.S. Capital Wealth Advisors, LLC | 28,500 | $917K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Balyasny Asset Management L.P. new | 164,258 | $5M | 2.0% | 2025-Q4 stale (2 quarters behind) |
| IHT Wealth Management, LLC added | 145,000 | $4M | 1.7% | 2025-Q4 stale (2 quarters behind) |
| WHITTIER TRUST CO new | 135,227 | $4M | 1.6% | 2025-Q4 stale (2 quarters behind) |
| Wakefield Asset Management LLLP trimmed | 110,054 | $3M | 1.3% | 2025-Q4 stale (2 quarters behind) |
| HRT FINANCIAL LP added | 41,521 | $1M | 0.5% | 2025-Q4 stale (2 quarters behind) |
| Squarepoint Ops LLC added | 32,489 | $981K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| Stratos Wealth Advisors, LLC new | 355,620 | $11M | 4.4% | 2025-Q3 stale (3 quarters behind) |
| Total Clarity Wealth Management, Inc. trimmed | 72,371 | $2M | 1.0% | 2025-Q2 stale (4 quarters behind) |
| Robinson Value Management, Ltd. new | 28,282 | $952K | 0.4% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.