NEW YORK, Feb 4, 2026, 12:09 (EST)
Penserra Capital Management LLC boosted its stake in the Invesco QQQ Trust during the third quarter, raising its share count by 26.2% to 66,979, worth roughly $40.2 million, according to an SEC filing. Morgan Dempsey Capital Management entered with a new position, while Navigoe LLC and PayPay Securities also upped their holdings, the filing revealed. (MarketBeat)
That’s important since QQQ now serves as a blunt tool for trading U.S. mega-cap growth — and the tape has been volatile. The ETF slipped roughly 1.7% to $605.19 in late morning action, after swinging between $605.10 and $621.94 earlier in the session.
Nasdaq is pushing to speed up how fast its main index reacts to major new listings. On Wednesday, the exchange unveiled a “Fast Entry” proposal. Under the new rule, companies landing in the top 40 Nasdaq-100 spots by market cap could join after just 15 trading days—without bumping out any current members, Nasdaq said. (Reuters)
Activest Wealth Management upped its stake in QQQ by roughly 10.2%, according to FilmoGaz. The outlet linked this shift to growing investor interest in AI-focused and semiconductor-heavy tech giants. (FilmoGaz)
Invesco QQQ is an exchange-traded fund, essentially a basket of stocks that trades like a single share, designed to follow the Nasdaq-100 index. This index includes the largest non-financial companies listed on Nasdaq. As of Dec. 31, its top holdings were Nvidia at 9.05%, Apple at 8.02%, and Microsoft at 7.18%. Technology stocks accounted for roughly 63% of the fund’s portfolio, according to an Invesco fact sheet.
The heavy concentration fuels both the appeal and the risk. Some investors seeking less concentration turn to broader index funds, while others dive deeper into sector products with an even tighter focus.
These disclosures, however, look backward and often lag behind rapid changes—managers might buy or sell well before their trades appear in public filings. Investors are now grappling with renewed AI jitters: global software shares fell Tuesday amid worries that emerging AI tools could disrupt the software stack. Nvidia CEO Jensen Huang dismissed these fears as “illogical,” Reuters reported. (Reuters)
Nasdaq’s “Fast Entry” remains just a proposal and could be altered before implementation. If it goes through, which deals qualify—and their listing timing—will determine whether the Nasdaq-100 and QQQ actually see quicker turnover.
