Billionaires Can't Get Enough Of This ETF

"The Invesco QQQ Trust tracks the performance of the Nasdaq 100 index and gives access to the 100 largest non-financial companies on the index. QQQ gives access to the top 100 tech stocks in a single ETF. The fund is rebalanced quarterly and reconstituted annually. The Invesco QQQ Trust is a weighted capitalization ETF which means that the companies with a larger market cap have a higher weightage in the ETF."

"Hedge funds are betting on QQQ Citadel Advisors increased its position in the ETF by 0.59%, taking the total portfolio to 4.04%. Further, Elliott Investment Management increased its position by 3.3%, taking the total holding to 5.28%. Point72 Asset Management increased its stake by 1.56%. McElhenny Sheffield Capital Management bought 7,685 shares of the ETF worth $4.40 million."

Invesco QQQ Trust provides exposure to the Nasdaq-100 by holding the 100 largest non-financial companies, with a heavy technology weighting and quarterly rebalances. The ETF is market-cap weighted, giving larger companies higher weights. The fund has delivered strong long-term growth, ranking in the top 1% of large-cap growth funds for a 15-year total return and gaining 20.39% in 2025, trading around $614.27. The expense ratio is 0.20% ($20 on $10,000). Several major hedge funds increased positions in QQQ during the third-quarter 13F filings, including Citadel, Elliott, Point72, and McElhenny Sheffield.

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