Invesco QQQ Trust Series 1
QVMM
8 hedge funds and large institutions have $309M invested in Invesco QQQ Trust Series 1 in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
14% more funds holding
Funds holding: 7 → 8 (+1)
10% more capital invested
Capital invested by funds: $280M → $309M (+$29.3M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.03% less ownership
Funds ownership: 99.73% → 99.71% (-0.03%)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$636K |
| 2 |
Jane Street
New York
|
+$197K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$164K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$73.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$478K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$383K |
| 3 |
N
Natixis
Paris,
France
|
-$153K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$106K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$9.17K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MERSOM
1
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
| $307M | – | – | – |
|
|
2
LPL Financial
San Diego,
California
| $684K | +$636K | +24,203 | New |
|
|
3
Osaic Holdings
Scottsdale,
Arizona
| $500K | -$383K | -14,579 | -45% |
|
|
PAG
4
Private Advisor Group
Morristown,
New Jersey
| $419K | +$73.5K | +2,798 | +23% |
|
|
5
Citadel Advisors
Miami,
Florida
| $257K | -$106K | -4,025 | -31% |
|
|
6
Jane Street
New York
| $212K | +$197K | +7,497 | New |
|
|
7
Bank of America
Charlotte,
North Carolina
| $176K | +$164K | +6,232 | New |
|
|
8
UBS Group
Zurich,
Switzerland
| $961 | -$9.17K | -349 | -91% |
|
|
9
Envestnet Asset Management
Chicago,
Illinois
| – | -$478K | -18,630 | Closed |
|
|
N
10
Natixis
Paris,
France
| – | -$153K | -5,930 | Closed |
|
QVMM Hedge Fund Activity: Q1 2024 in Review
8 of the 6,948 institutional investors tracked by Wall St. Rank reported a position in Invesco QQQ Trust Series 1 (QVMM) for Q1 2024, worth a combined $309M — up 10% from $280M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new QVMM positions and 2 closed out — a net gain of 1 holder — while 1 added to existing stakes and 3 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $636K. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $478K sold.
- 8 institutional investors held Invesco QQQ Trust Series 1 (QVMM) as of Q1 2024, up from 7 in Q4 2023.
- Funds reported $309M of Invesco QQQ Trust Series 1 stock for Q1 2024, up 10% quarter-over-quarter.
- 3 funds opened new Invesco QQQ Trust Series 1 positions in Q1 2024 and 2 closed out, a net change of +1 holder.
- The largest Invesco QQQ Trust Series 1 buyer in Q1 2024 was LPL Financial, an estimated $636K added.
- The largest Invesco QQQ Trust Series 1 seller in Q1 2024 was Envestnet Asset Management, an estimated $478K sold.
Based on aggregated 13F filings for Q1 2024.