52% buyers of institutions opening or closing positions this quarter
23 more new buyers than exits, quarter-over-quarter ownership change will be available once more quarters load, and no widely-followed fund managers in the top 25.
52% buyers of institutions opening or closing positions this quarter
Ownership % will appear once market cap data is linked
Cavalier Investments, LLC portfolio allocation
Loads once peer data is available
No Form 4 insider transactions on file
Latest positioning in QQQ across 13F flow, ownership shift, marquee holders, and holder-count growth.
Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in QQQ held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Kentucky Farm Bureau Mutual Insurance Co | 3.0M | $469.74B | β | β | 10.66% |
| 2 | AtlasMark Financial, Inc | 1.1M | $189.50B | β | β | 23.15% |
| 3 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 82.2M | $47.46B | +17.8% | β | 5.31% |
| 4 | American State Bank (Iowa) | 340K | $41.10B | β | β | 4.06% |
| 5 | CAPSTONE INVESTMENT ADVISORS, LLC | 26.6M | $15.38B | +258.5% | β | 26.79% |
| 6 | MORGAN STANLEY | 21.5M | $12.43B | +34.3% | β | 0.75% |
| 7 | GOLDMAN SACHS GROUP INC | 19.8M | $11.45B | +11.7% | β | 1.31% |
| 8 | UBS Group AG | 18.1M | $10.45B | +57.4% | β | 1.57% |
| 9 | BANK OF AMERICA CORP /DE/ | 17.3M | $9.96B | -11.7% | β | 0.73% |
| 10 | CITIGROUP INC | 13.3M | $7.68B | +24.9% | β | 3.27% |
| 11 | WELLS FARGO & COMPANY/MN | 12.7M | $7.35B | β | β | 1.39% |
| 12 | ROYAL BANK OF CANADA | 10.9M | $6.29B | -6.3% | β | 1.10% |
| 13 | MILLENNIUM MANAGEMENT LLC | 10.6M | $6.14B | β | β | 2.55% |
| 14 | LPL Financial LLC | 10.6M | $6.13B | -1.5% | β | 1.63% |
| 15 | BNP PARIBAS ARBITRAGE, SA | 951K | $4.14B | -13.5% | β | 2.01% |
| 16 | AMERIPRISE FINANCIAL INC | 4.4M | $2.52B | -0.7% | β | 0.58% |
| 17 | RAYMOND JAMES FINANCIAL INC | 4.1M | $2.38B | +4.3% | β | 0.73% |
| 18 | TORONTO DOMINION BANK | 3.8M | $2.19B | +739.7% | β | 3.14% |
| 19 | Walleye Capital LLC | 3.5M | $2.00B | -30.0% | β | 8.30% |
| 20 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 3.2M | $1.86B | +6.6% | β | 2.99% |
| 21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 3.2M | $1.84B | -10.3% | β | 1.13% |
| 22 | Walleye Trading LLC | 3.1M | $1.79B | +48.2% | β | 2.98% |
| 23 | ENVESTNET ASSET MANAGEMENT INC | 3.0M | $1.74B | +2.1% | β | 0.46% |
| 24 | PNC FINANCIAL SERVICES GROUP, INC. | 3.0M | $1.72B | -2.0% | β | 0.99% |
| 25 | Cavalier Investments, LLC | 2.7M | $1.53B | +199.2% | β | 41.40% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in QQQ β a direct measure of their conviction.
Filings activity in QQQ during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 3,687 | +0.6% | β | β | $930.96B | +287% |
| Q4 2025 | 3,664 | +7.8% | β | β | $240.57B | 36% |
| Q3 2025 | 3,400 | +2.0% | β | β | $374.56B | +52% |
| Q2 2025 | 3,334 | +4.5% | β | β | $246.18B | +6.0% |
| Q1 2025 | 3,190 | +0.1% | β | β | $232.19B | 50% |
| Q4 2024 | 3,186 | +9.9% | β | β | $465.28B | +16% |
| Q3 2024 | 2,898 | +3.7% | β | β | $402.54B | 61% |
| Q2 2024 | 2,794 | β | β | β | $1.04T | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
No recent Form 4 insider transactions on file for QQQ.
Quick answers to the most common questions about buying QQQ stock.
Based on Q1 2026 13F filings, institutional ownership of Invesco QQQ Trust stands at not currently reported, held across 3,687 reporting institutions.
Kentucky Farm Bureau Mutual Insurance Co is the largest reported institutional holder of QQQ, with approximately 3,009,388 shares worth $469.74B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of QQQ.
Our composite Smart Money Score for QQQ is 36 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
311 institutions opened new positions in QQQ during Q1 2026, while 288 fully exited. 666 added to existing positions and 2,695 trimmed.
Quarter-over-quarter ownership change for QQQ is not yet available β at least two quarters of 13F data are required.
The top 10 institutions account for 87.6% of all reported 13F value in QQQ, and the top 25 account for 92.9%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.