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Invesco QQQ Trust

3,349 hedge funds and large institutions have $110B invested in Invesco QQQ Trust in 2025 Q1 according to their latest regulatory filings, with 204 funds opening new positions, 1,403 increasing their positions, 1,299 reducing their positions, and 196 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more repeat investments, than reductions

Existing positions increased: 1,403 | Existing positions reduced: 1,299

4% more first-time investments, than exits

New positions opened: 204 | Existing positions closed: 196

0.07% more ownership

Funds ownership: 37.84%37.91% (+0.07%)

2% less funds holding

Funds holding: 3,4093,349 (-60)

6% less funds holding in top 10

Funds holding in top 10: 753706 (-47)

16% less capital invested

Capital invested by funds: $132B → $110B (-$21.6B)

43% less call options, than puts

Call options by funds: $122B | Put options by funds: $213B

Holders
3,349
Holders Change
-60
Holders Change %
-1.76%
% of All Funds
44.9%
Holding in Top 10
706
Holding in Top 10 Change
-47
Holding in Top 10 Change %
-6.24%
% of All Funds
9.47%
New
204
Increased
1,403
Reduced
1,299
Closed
196
Calls
$122B
Puts
$213B
Net Calls
-$91B
Net Calls Change
-$4B
Name Holding Trade Value Shares
Change
Change in
Stake
MMPW
1501
Mitchell McLeod Pugh & Williams
Alabama
$2.77M -$4.57K -9 -0.2%
AL
1502
Aspiriant LLC
California
$2.76M +$436K +859 +17%
MAM
1503
Milestone Asset Management
Pennsylvania
$2.76M +$698K +1,373 +30%
SIC
1504
Salem Investment Counselors
North Carolina
$2.76M +$24.4K +48 +0.8%
DE
1505
Diversified Enterprises
Delaware
$2.75M +$323K +635 +12%
LWP
1506
LeClair Wealth Partners
Ohio
$2.75M -$12.2K -24 -0.4%
CRWM
1507
Castle Rock Wealth Management
California
$2.75M -$17.3K -34 -0.6%
HAG
1508
HF Advisory Group
Maryland
$2.74M +$40.6K +80 +1%
SCTC
1509
Sanibel Captiva Trust Company
Florida
$2.74M -$67.6K -133 -2%
GAB
1510
German American Bancorp
Indiana
$2.73M +$1.07M +2,100 +56%
IWN
1511
Independent Wealth Network
Iowa
$2.73M -$25.4K -50 -0.9%
FCBT
1512
First Citizens Bank & Trust
North Carolina
$2.73M -$103K -202 -3%
WAM
1513
WealthTrust Asset Management
Florida
$2.73M -$4.85M -9,540 -62%
SWM
1514
Shepherd Wealth Management
Ohio
$2.72M +$1.62M +3,187 +124%
GC
1515
Grimes & Company
Massachusetts
$2.72M -$92K -181 -3%
KOC
1516
Koss-Olinger Consulting
Florida
$2.71M +$2.94M +5,788 New
PWA
1517
PCG Wealth Advisors
Kansas
$2.71M -$2.54K -5 -0.1%
HA
1518
Helium Advisors
Washington
$2.71M +$551K +1,084 +23%
RIL
1519
Rothschild Investment LLC
Illinois
$2.7M +$30K +59 +1%
ACP
1520
Aviance Capital Partners
Florida
$2.7M -$76.7K -151 -3%
HSWS
1521
Higgins & Schmidt Wealth Strategies
Colorado
$2.7M -$73.7K -145 -2%
KFA
1522
Kapstone Financial Advisors
Ohio
$2.69M +$382K +751 +15%
AAS
1523
Annex Advisory Services
Wisconsin
$2.69M -$65.5K -129 -2%
IAG
1524
Investmark Advisory Group
Connecticut
$2.69M -$61K -120 -2%
TLA
1525
Tanglewood Legacy Advisors
Texas
$2.69M

QQQ Hedge Fund Activity: Q1 2025 in Review

3,349 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Invesco QQQ Trust (QQQ) for Q1 2025, worth a combined $110B — down 16% from $132B a quarter earlier.

Buyers outnumbered sellers: 204 funds opened new QQQ positions and 196 closed out — a net gain of 8 holders — while 1,403 added to existing stakes and 1,299 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.63B. The largest seller was Susquehanna International Group, cutting an estimated $1.25B.

  • 3,349 institutional investors held Invesco QQQ Trust (QQQ) as of Q1 2025, down from 3,409 in Q4 2024.
  • Funds reported $110B of Invesco QQQ Trust stock for Q1 2025, down 16% quarter-over-quarter.
  • 204 funds opened new Invesco QQQ Trust positions in Q1 2025 and 196 closed out, a net change of +8 holders.
  • The largest Invesco QQQ Trust buyer in Q1 2025 was Morgan Stanley, an estimated $1.63B added.
  • The largest Invesco QQQ Trust seller in Q1 2025 was Susquehanna International Group, an estimated $1.25B sold.

Based on aggregated 13F filings for Q1 2025.