Municipal Employees' Retirement System of Michigan’s Invesco QQQ Trust Series 1 QVMM Stock Holding History

Municipal Employees' Retirement System of Michigan’s Portfolio QVMM Stock Details QVMM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$428M	Hold	11,882,576	–	–	4.73%	9
2026 Q1	$377M	Hold	11,882,576	–	–	4.28%	10
2025 Q4	$366M	Hold	11,882,576	–	–	4.14%	9
2025 Q3	$360M	Hold	11,882,576	–	–	4.17%	8
2025 Q2	$342M	Hold	11,882,576	–	–	4.11%	8
2025 Q1	$321M	Buy	11,882,576 +1,000,000	+9%	+$28.7M	4.07%	9
2024 Q4	$312M	Hold	10,882,576	–	–	4.3%	7
2024 Q3	$315M	Buy	10,882,576 +34,190	+0.3%	+$954K	4.15%	7
2024 Q2	$294M	Hold	10,848,386	–	–	4.07%	7
2024 Q1	$307M	Hold	10,848,386	–	–	3.95%	7
2023 Q4	$278M	Hold	10,848,386	–	–	3.71%	6
2023 Q3	$250M	Hold	10,848,386	–	–	3.48%	7
2023 Q2	$261M	Hold	10,848,386	–	–	3.72%	6
2023 Q1	$251M	Hold	10,848,386	–	–	3.87%	6
2022 Q4	$244M	Buy	10,848,386 +106,110	+1%	+$2.39M	3.94%	9
2022 Q3	$219M	Buy	10,742,276 +81,758	+0.8%	+$1.83M	3.91%	7
2022 Q2	$225M	Buy	10,660,518 +2,591,987	+32%	+$59.6M	4.14%	7
2022 Q1	$201M	Hold	8,068,531	–	–	3.11%	12
2021 Q4	$213M	Buy	8,068,531 +25,890	+0.3%	+$669K	3.41%	10
2021 Q3	$196M	Buy	8,042,641 +23,395	+0.3%	+$585K	3.28%	10
2021 Q2	$200M	Buy	+8,019,246	New	+$200M	2.72%	9

Other funds holding QVMM

PAG

Private Advisor Group Morristown, New Jersey $21.8B AUM 28.57% 1-Year Est. Return

FFA

Fragasso Financial Advisors Sewickley, Pennsylvania $1.88B AUM 23.81% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

EAM

Empirical Asset Management Wellesley, Massachusetts $444M AUM 40.6% 1-Year Est. Return

KAS

Kestra Advisory Services Austin, Texas $31B AUM 28.39% 1-Year Est. Return

ACA

Aptus Capital Advisors Fairhope, Alabama $14.6B AUM 22.78% 1-Year Est. Return

IWC

Integrated Wealth Concepts Waltham, Massachusetts $20.5B AUM 24.45% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Municipal Employees' Retirement System of Michigan's QVMM Position: Q2 2026 in Review

Municipal Employees' Retirement System of Michigan held its Invesco QQQ Trust Series 1 (QVMM) position steady in Q2 2026 at 11,882,576 shares worth $428M. The position accounts for 4.73% of the portfolio, ranked #9.

Municipal Employees' Retirement System of Michigan first reported a position in QVMM in Q2 2021 and has held it in 21 quarters since. 10 funds tracked by Wall St. Rank hold QVMM as of Q2 2026.

Municipal Employees' Retirement System of Michigan held 11,882,576 shares of Invesco QQQ Trust Series 1 worth $428M as of Q2 2026.
Municipal Employees' Retirement System of Michigan left its Invesco QQQ Trust Series 1 share count unchanged in Q2 2026.
Invesco QQQ Trust Series 1 made up 4.73% of Municipal Employees' Retirement System of Michigan's portfolio in Q2 2026, its #9 holding.
Municipal Employees' Retirement System of Michigan first reported a position in Invesco QQQ Trust Series 1 in Q2 2021 and has held it in 21 quarters since.
10 funds tracked by Wall St. Rank held Invesco QQQ Trust Series 1 as of Q2 2026.

Based on Municipal Employees' Retirement System of Michigan's 13F filing for Q2 2026, filed 10 Aug 2026.