29,822 Shares in Invesco QQQ $QQQ Purchased by Cannon Capital Management Inc.

Key Points

• Cannon Capital Management Inc. opened a new position in Invesco QQQ (NASDAQ:QQQ), buying 29,822 shares worth about $18.32 million, which represents roughly 16.1% of the firm's holdings and is its largest position.
• Macro and flow dynamics are mixed: expectations of a Fed pause and pre‑market buying support QQQ, but concentrated options positioning and semiconductor weakness (including Michael Burry's new short bets and episodic selloffs in names like Nvidia, Broadcom and Micron) could amplify downside risks.
• QQQ is trading near its 52‑week high (~$661–$664), yields a modest annualized dividend (~$2.93 or 0.4%), and about 44.6% of the ETF is held by hedge funds and other institutional investors.

Cannon Capital Management Inc. purchased a new position in Invesco QQQ (NASDAQ:QQQ - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 29,822 shares of the exchange traded fund's stock, valued at approximately $18,320,000. Invesco QQQ accounts for approximately 16.1% of Cannon Capital Management Inc.'s holdings, making the stock its biggest position.

A number of other institutional investors also recently bought and sold shares of QQQ. Well Done LLC grew its holdings in shares of Invesco QQQ by 0.5% in the fourth quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund's stock valued at $2,113,000 after purchasing an additional 16 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Invesco QQQ by 1.2% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,421 shares of the exchange traded fund's stock worth $853,000 after buying an additional 17 shares during the period. TCV Trust & Wealth Management Inc. lifted its holdings in Invesco QQQ by 1.4% during the 3rd quarter. TCV Trust & Wealth Management Inc. now owns 1,246 shares of the exchange traded fund's stock worth $748,000 after buying an additional 17 shares in the last quarter. Investment Management Corp VA ADV lifted its holdings in Invesco QQQ by 1.6% during the 3rd quarter. Investment Management Corp VA ADV now owns 1,110 shares of the exchange traded fund's stock worth $667,000 after buying an additional 17 shares in the last quarter. Finally, Tenon Financial LLC boosted its position in Invesco QQQ by 2.2% in the 4th quarter. Tenon Financial LLC now owns 805 shares of the exchange traded fund's stock valued at $494,000 after buying an additional 17 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ News Summary

Here are the key news stories impacting Invesco QQQ this week:

• Positive Sentiment: Fed expectations are tilting toward a pause/steady rates stance, which supports growth‑oriented indices like the Nasdaq‑100 and helps QQQ sentiment. April Fed Meeting: Powell's Final Call, Rates Steady
• Positive Sentiment: Pre‑market coverage and flow data point to buying interest in QQQ today, supporting the ETF’s uptick as traders position ahead of earnings and Fed decisions. Why Is Invesco QQQ Trust ETF (QQQ) Rising Today, 4-29-2026?
• Neutral Sentiment: Invesco Ltd (IVZ), the ETF issuer’s parent, reported record AUM and strong flows, a signal that passive and ETF flows remain healthy overall (indirectly supportive for QQQ). Invesco Ltd (IVZ) Q1 2026 Earnings Call Highlights: Record AUM and Strong Global Inflows Drive ...
• Neutral Sentiment: Elevated and concentrated options positioning around QQQ has been noted by traders—this can amplify moves in either direction once catalysts (earnings, Fed) resolve. One Member Turned Volatility Into 536% in a Day… Here’s How We Spot the Next Market Meltdown Winner
• Neutral Sentiment: Market commentary flags a cautious tone ahead of a heavy slate of big‑tech earnings and the Fed decision—expect muted volatility until those prints and the statement are out. Nasdaq Composite Treads Carefully Ahead of Big Tech Bonanza, Fed Decision
• Negative Sentiment: Michael Burry disclosed new short bets on semiconductor stocks, triggering a pullback in chip names and snapping SOXX’s long rally—chips are meaningful to QQQ, so further semiconductor weakness would pressure the ETF. Michael Burry Just Did Another 'Big Short' — As Historic Chip Stock Rally Finally Snaps
• Negative Sentiment: Recent headlines show episodic selloffs in major QQQ constituents (Nvidia, Broadcom, Micron) tied to sector news (e.g., OpenAI-related moves), which can drag the ETF if momentum reverses. Stock Market Today: Nasdaq Sells Off On OpenAI Report; Broadcom, Micron, Nvidia Take A Tumble (Live Coverage)
• Negative Sentiment: Some market strategists warn of a Q2 pullback and broader macro risks (rate path, global growth), which would disproportionately hit growth‑heavy indices like the Nasdaq‑100 and QQQ. Prepare For A Pullback Because Q2 Is Going To Be Ugly

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $661.57 on Thursday. Invesco QQQ has a 52 week low of $462.43 and a 52 week high of $664.51. The company has a fifty day simple moving average of $609.58 and a two-hundred day simple moving average of $613.60.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.7328 dividend. The ex-dividend date was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a yield of 0.4%.

Invesco QQQ Profile

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust's investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

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