Invesco China Technology ETF
CQQQ
116 hedge funds and large institutions have $957M invested in Invesco China Technology ETF in 2025 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 40 increasing their positions, 27 reducing their positions, and 22 closing their positions.
177% more call options, than puts
Call options by funds: $3.52M | Put options by funds: $1.27M
48% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 27
36% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 22
11% more capital inflows, than outflows
Capital inflows: $389M | Capital outflows: $352M
4% more funds holding
Funds holding: 112 → 116 (+4)
36.71% less ownership
Funds ownership: 70.42% → 33.72% (-37%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$186M |
| 2 |
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$99.3M |
| 3 |
D.E. Shaw & Co
New York
|
+$20.5M |
| 4 |
Morgan Stanley
New York
|
+$15.3M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$9.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$107M |
| 2 |
Jane Street
New York
|
-$59M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$56.7M |
| 4 |
Flow Traders U.S.
New York
|
-$46.9M |
| 5 |
Old Mission Capital
Chicago,
Illinois
|
-$22.5M |
CQQQ Hedge Fund Activity: Q4 2025 in Review
116 of the 8,307 institutional investors tracked by Wall St. Rank reported a position in Invesco China Technology ETF (CQQQ) for Q4 2025, worth a combined $957M — down 7.7% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CQQQ positions and 22 closed out — a net gain of 8 holders — while 40 added to existing stakes and 27 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $186M. The largest seller was Bank of Nova Scotia, cutting an estimated $107M.
- 116 institutional investors held Invesco China Technology ETF (CQQQ) as of Q4 2025, up from 112 in Q3 2025.
- Funds reported $957M of Invesco China Technology ETF stock for Q4 2025, down 7.7% quarter-over-quarter.
- 30 funds opened new Invesco China Technology ETF positions in Q4 2025 and 22 closed out, a net change of +8 holders.
- The largest Invesco China Technology ETF buyer in Q4 2025 was PNC Financial Services Group, an estimated $186M added.
- The largest Invesco China Technology ETF seller in Q4 2025 was Bank of Nova Scotia, an estimated $107M sold.
Based on aggregated 13F filings for Q4 2025.