Parker Investment Management LLC Cuts Stake in Invesco QQQ $QQQ

Key Points

• Parker Investment Management trimmed its Invesco QQQ stake by 1.2% in the first quarter, selling 2,116 shares and ending with 171,083 shares worth about $98.7 million.
• QQQ remains a major holding for the firm, making up about 15% of its portfolio and ranking as its second-largest position.
• The ETF recently raised its quarterly dividend to $0.8135 per share, up from $0.73, bringing the annualized payout to about $3.25 and the yield to roughly 0.5%.

Parker Investment Management LLC lessened its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 1.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 171,083 shares of the exchange traded fund's stock after selling 2,116 shares during the quarter. Invesco QQQ accounts for about 15.0% of Parker Investment Management LLC's investment portfolio, making the stock its 2nd biggest holding. Parker Investment Management LLC's holdings in Invesco QQQ were worth $98,746,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Corient Private Wealth LLC lifted its position in Invesco QQQ by 3,567.7% in the 4th quarter. Corient Private Wealth LLC now owns 21,436,917 shares of the exchange traded fund's stock valued at $13,168,912,000 after acquiring an additional 20,852,432 shares in the last quarter. Bank of America Corp DE increased its holdings in Invesco QQQ by 381.0% during the 4th quarter. Bank of America Corp DE now owns 19,547,552 shares of the exchange traded fund's stock worth $12,008,257,000 after purchasing an additional 26,505,055 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco QQQ by 11.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund's stock worth $2,179,321,000 after purchasing an additional 375,581 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of Invesco QQQ by 21.4% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 3,025,000 shares of the exchange traded fund's stock valued at $1,858,288,000 after purchasing an additional 534,000 shares during the period. Finally, Analyst IMS Investment Management Services Ltd. raised its stake in shares of Invesco QQQ by 68.6% in the 4th quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund's stock valued at $1,075,091,000 after purchasing an additional 712,026 shares during the period. Institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $705.35 on Thursday. The stock's 50-day moving average is $719.91 and its 200-day moving average is $655.21. Invesco QQQ has a one year low of $551.68 and a one year high of $748.65.

Invesco QQQ Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 22nd were given a $0.8135 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $3.25 dividend on an annualized basis and a yield of 0.5%. This is a boost from Invesco QQQ's previous quarterly dividend of $0.73.

Key Headlines Impacting Invesco QQQ

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

• Positive Sentiment: Market commentary suggests QQQ can still benefit if upcoming mega-cap tech earnings beat expectations, especially from Alphabet and Tesla, which could lift the ETF given its heavy concentration in large growth stocks. Stock Market Today: Dow Falls As Oil Prices Jump; SMCI Surges With Alphabet, Tesla Earnings Next (Live Coverage)
• Neutral Sentiment: Several pieces frame the current market as one driven by earnings rather than macro headlines, which is relevant for QQQ because its next move will likely depend on whether top holdings can justify their valuations. Earnings, Earnings, Earnings Are What Matter Most
• Neutral Sentiment: Discussion about hyperscalers “making or breaking” the market highlights the ETF’s dependence on a narrow set of tech giants, but does not point to an immediate catalyst by itself. Hyperscalers Can Make/Break This Market
• Neutral Sentiment: ETF commentary notes that earnings growth is broadening beyond the largest names, which could help market breadth over time, but also implies QQQ may lag more diversified or equal-weight strategies if leadership narrows. ETFs for the Next Leg of Earnings Expansion
• Negative Sentiment: One article argues investors chasing AI-chip upside may be better served elsewhere, implying QQQ may be missing some of the strongest semiconductor-led gains and could underperform pure-play chip exposure. Forget QQQ. This Semiconductor Fund Nearly Quintupled Its 2026 Gain

About Invesco QQQ

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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