Invesco NASDAQ 100 ETF
QQQM
1,031 hedge funds and large institutions have $27.4B invested in Invesco NASDAQ 100 ETF in 2025 Q3 according to their latest regulatory filings, with 143 funds opening new positions, 530 increasing their positions, 234 reducing their positions, and 42 closing their positions.
240% more first-time investments, than exits
New positions opened: 143 | Existing positions closed: 42
126% more repeat investments, than reductions
Existing positions increased: 530 | Existing positions reduced: 234
23% more call options, than puts
Call options by funds: $227M | Put options by funds: $184M
19% more capital invested
Capital invested by funds: $23.1B → $27.4B (+$4.31B)
8% more funds holding
Funds holding: 953 → 1,031 (+78)
2% more funds holding in top 10
Funds holding in top 10: 128 → 131 (+3)
1.22% less ownership
Funds ownership: 44.77% → 43.55% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VIA
Vantagepoint Investment Advisers
Washington,
District of Columbia
|
+$513M |
| 2 |
UIM
USS Investment Management
London,
United Kingdom
|
+$359M |
| 3 |
Morgan Stanley
New York
|
+$328M |
| 4 |
LPL Financial
San Diego,
California
|
+$229M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$213M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$162M |
| 2 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$146M |
| 3 |
MB
Mizuho Bank
Tokyo,
Japan
|
-$131M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$107M |
| 5 |
NMIFOAC
National Mutual Insurance Federation of Agricultural Cooperatives
Tokyo, Japan,
Japan
|
-$106M |
QQQM Hedge Fund Activity: Q3 2025 in Review
1,031 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Invesco NASDAQ 100 ETF (QQQM) for Q3 2025, worth a combined $27.4B — up 19% from $23.1B a quarter earlier.
Buyers outnumbered sellers: 143 funds opened new QQQM positions and 42 closed out — a net gain of 101 holders — while 530 added to existing stakes and 234 trimmed.
The largest buyer was Vantagepoint Investment Advisers, opening a new position worth an estimated $513M. The largest seller was Bank of Nova Scotia, cutting an estimated $162M.
- 1,031 institutional investors held Invesco NASDAQ 100 ETF (QQQM) as of Q3 2025, up from 953 in Q2 2025.
- Funds reported $27.4B of Invesco NASDAQ 100 ETF stock for Q3 2025, up 19% quarter-over-quarter.
- 143 funds opened new Invesco NASDAQ 100 ETF positions in Q3 2025 and 42 closed out, a net change of +101 holders.
- The largest Invesco NASDAQ 100 ETF buyer in Q3 2025 was Vantagepoint Investment Advisers, an estimated $513M added.
- The largest Invesco NASDAQ 100 ETF seller in Q3 2025 was Bank of Nova Scotia, an estimated $162M sold.
Based on aggregated 13F filings for Q3 2025.