TQQQ Is Back in Focus as Filings Reveal Bigger Bets on Leveraged Nasdaq ETF
Oriental Harbor Investment Master Fund doubled its stake in ProShares UltraPro QQQ to 2.4 million shares, worth about $126.6 million, in the fourth quarter, filings show. Q3 Asset Management and Main Street Group also increased TQQQ holdings. The disclosures came as the Nasdaq fell 0.55% Monday amid renewed U.S.-Iran tensions. TQQQ’s net assets stood at $31.6 billion as of April 17.