Invesco QQQ (QQQ) Buys $19.6 Million More NVIDIA on Tuesday

This article first appeared on GuruFocus.

Invesco QQQ Trust (QQQ) was the only ETF buying on Tuesday, with no funds selling, according to its reported daily holdings changes. QQQ added $239.6 million in ETF activity, increasing all 101 of its positions and decreasing none, against $464.63 billion in assets under management. The gross traded total matched the net bought figure at $239.6 million.

What did QQQ buy on Tuesday?

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Its largest buys by dollar value were NVDA ($19.6 million), AAPL ($19.0 million) and MSFT ($15.2 million).

Stock

Shares changed

Value

Position

NVIDIA Corp (NVDA)

+94,619

$19.6M

8.16% of fund

Apple Inc (AAPL)

+57,302

$19.0M

7.94% of fund

Microsoft Corp (MSFT)

+29,155

$15.2M

6.34% of fund

Amazon.com Inc (AMZN)

+42,343

$10.6M

4.43% of fund

Micron Technology Inc (MU)

+12,243

$10.5M

4.37% of fund

The largest buy was NVIDIA Corp (NVDA), where QQQ added 94,619 shares worth $19.6 million, lifting the position to 8.16% of assets. Apple Inc (AAPL) followed with 57,302 shares added for $19.0 million at a 7.94% weight, then Microsoft Corp (MSFT) with 29,155 shares for $15.2 million at 6.34%. Amazon.com Inc (AMZN) drew $10.6 million on 42,343 shares at 4.43%, and Micron Technology Inc (MU) $10.5 million on 12,243 shares at 4.37%. All five were existing holdings, so there were no new positions and no exits.

How does QQQ invest?

QQQ is an equity fund holding 101 stocks, with 46.8% of assets in its 10 largest holdings. Technology accounts for 57.1% of the stocks that could be classified, consumer cyclical 11.4% and communication services 11.2%, and the portfolio is 100.0% large-cap. It has an expense ratio of 0.18%. Its top holdings are NVIDIA Corp at 8.16%, Apple Inc at 7.94%, Microsoft Corp at 6.34%, Amazon.com Inc at 4.43% and Micron Technology Inc at 4.37%. The fund has a GF Score of 88, a P/E of 28.72, a P/B of 6.99, a dividend yield of 0.43% and a year-to-date return of 13.02%.

INVESCO QQQ Trust (NASDAQ:QQQ) at a glance

Measure

Value

Asset class

Equity

Holdings

101

Top 10 holdings

46.8% of assets

Largest sectors

Technology 57.1%, Consumer Cyclical 11.4%, Communication Services 11.2%

Expense ratio

0.18%

Market-cap mix

Large 100.0%, mid 0.0%, small 0.0%

GF Score

88/100

P/E

28.72

P/B

6.99

Dividend yield

0.43%

Year-to-date return

+13.02%

Top holdings

NVDA (8.16%), AAPL (7.94%), MSFT (6.34%), AMZN (4.43%), MU (4.37%)

See the full INVESCO QQQ Trust profile, or compare it with similar funds in the ETF Screener. For the stock behind its biggest buy, see NVDA's GF Value page and guru trades.

What should investors watch next for QQQ?

With every position increased and nothing sold, watch whether QQQ keeps adding across the board or begins trimming its heaviest technology weights at the next holdings update.

Based on holdings changes reported by INVESCO QQQ Trust (QQQ) for Nov. 3, 2026, US-listed stocks only.

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