Talon Private Wealth LLC Increases Holdings in Invesco QQQ $QQQ

Key Points

• Talon Private Wealth LLC increased its Invesco QQQ stake by 944.3% in the second quarter, adding 13,296 shares to own 14,704 shares valued at approximately $10.8 million. QQQ now represents 1.3% of the firm’s portfolio.
• Institutional ownership remains significant at 44.58%, with several major investors—including Bank of America and Corient Private Wealth—also expanding their QQQ positions.
• QQQ traded up 0.9% to $714.88 and recently raised its quarterly dividend to $0.8135 per share, although higher inflation, interest-rate expectations, oil prices, and geopolitical tensions pose risks to technology-heavy growth funds.

Talon Private Wealth LLC grew its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 944.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,704 shares of the exchange traded fund's stock after acquiring an additional 13,296 shares during the quarter. Invesco QQQ accounts for 1.3% of Talon Private Wealth LLC's portfolio, making the stock its 16th biggest holding. Talon Private Wealth LLC's holdings in Invesco QQQ were worth $10,828,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE raised its holdings in Invesco QQQ by 381.0% in the fourth 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 buying an additional 26,505,055 shares during the last quarter. Corient Private Wealth LLC raised its holdings 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 worth $13,168,912,000 after acquiring an additional 20,852,432 shares during the last quarter. Delta Global Management LP bought a new position in Invesco QQQ in the 4th quarter valued at approximately $821,084,000. Align Financial LLC purchased a new stake in Invesco QQQ during the 4th quarter valued at $78,118,000. Finally, Bank of Montreal Can increased its holdings in shares of Invesco QQQ by 142.4% in the 4th quarter. Bank of Montreal Can now owns 1,431,050 shares of the exchange traded fund's stock worth $877,406,000 after purchasing an additional 840,803 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.

Key Headlines Impacting Invesco QQQ

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

• Positive Sentiment: QQQ and VOO are bucking a broader exodus from large-cap equity funds, suggesting investors are still favoring liquid, mega-cap technology exposure despite concerns about the Iran conflict, higher oil prices, and inflation. Iran War, Inflation Fears Trigger $40 Billion Large-Cap Exodus — But VOO, QQQ Buck the Trend
• Positive Sentiment: Equity futures and major ETFs were higher ahead of the latest inflation release, providing a supportive backdrop for QQQ and other growth-oriented funds. Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Amid Inflation Data Release
• Positive Sentiment: TipRanks’ AI Analyst rated QQQ an “Outperform” and identified more than 12% potential upside, reinforcing the bullish view of the Nasdaq-100’s technology-heavy holdings. 3 Best ETFs to Buy with 12%+ Upside, According to the AI Analyst
• Neutral Sentiment: A revived IPO market, including expectations for a potentially massive Anthropic offering, could improve sentiment toward high-growth technology companies, though it does not directly affect QQQ’s holdings today. Anthropic IPO Article
• Negative Sentiment: Hotter-than-expected core inflation pushed market-based odds of a September Federal Reserve rate hike toward 80%. Higher interest rates and bond yields are particularly negative for QQQ because they reduce the present value of future technology earnings. Hot Core CPI Data Sends Prediction Market September Rate Hike Odds to 80%
• Negative Sentiment: Oil above $100 a barrel and ongoing Middle East tensions are raising inflation and economic-growth risks, adding pressure to rate-sensitive growth stocks. Oil Jumps Above $100: What It Means For Inflation And Market Risks

Invesco QQQ Trading Up 0.9%

Shares of NASDAQ:QQQ traded up $6.19 during midday trading on Friday, reaching $714.88. 26,581,139 shares of the company's stock traded hands, compared to its average volume of 49,734,879. Invesco QQQ has a one year low of $555.60 and a one year high of $748.65. The stock has a 50 day moving average of $710.52 and a 200 day moving average of $678.92.

Invesco QQQ Increases Dividend

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

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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