Pennington Partners & CO. LLC Has $1.56 Million Holdings in Invesco QQQ $QQQ

Posted by Brenda Bartman on Jul 24th, 2026

Pennington Partners & CO. LLC lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 160.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,699 shares of the exchange traded fund’s stock after acquiring an additional 1,661 shares during the period. Invesco QQQ makes up about 0.5% of Pennington Partners & CO. LLC’s investment portfolio, making the stock its 23rd largest holding. Pennington Partners & CO. LLC’s holdings in Invesco QQQ were worth $1,558,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. GC Wealth Management RIA LLC lifted its position in Invesco QQQ by 19.3% in the 1st quarter. GC Wealth Management RIA LLC now owns 47,935 shares of the exchange traded fund’s stock valued at $27,667,000 after acquiring an additional 7,753 shares in the last quarter. Aristides Capital LLC increased its holdings in Invesco QQQ by 12.3% during the 1st quarter. Aristides Capital LLC now owns 18,363 shares of the exchange traded fund’s stock worth $10,599,000 after purchasing an additional 2,013 shares in the last quarter. Compound Planning Inc. raised its stake in shares of Invesco QQQ by 5.7% in the 1st quarter. Compound Planning Inc. now owns 29,854 shares of the exchange traded fund’s stock valued at $17,231,000 after purchasing an additional 1,611 shares during the period. Klingman & Associates LLC raised its stake in shares of Invesco QQQ by 5.0% in the 1st quarter. Klingman & Associates LLC now owns 2,942 shares of the exchange traded fund’s stock valued at $1,698,000 after purchasing an additional 140 shares during the period. Finally, CLG LLC lifted its holdings in shares of Invesco QQQ by 12.8% in the first quarter. CLG LLC now owns 634 shares of the exchange traded fund’s stock valued at $366,000 after purchasing an additional 72 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ News Summary

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

Positive Sentiment: Some commentary remains constructive on the market’s earnings backdrop, with articles noting that earnings growth is still broadening and that large-cap technology fundamentals remain a key driver for index performance.
Neutral Sentiment: Several pieces focus on QQQ’s long-term track record and comparisons with other funds, but they are more informational than market-moving for the ETF itself. Article Title
Neutral Sentiment: Analysts and market writers are also debating whether the market is overvalued and whether equity rotation is accelerating, which may add to volatility in growth-heavy ETFs like QQQ.
Negative Sentiment: Broad-market ETFs and U.S. equities moved lower during the session, and live market coverage pointed to the Dow falling as investors sold stocks ahead of key earnings reports, a backdrop that can weigh on QQQ. Article Title
Negative Sentiment: Reports that Alphabet and Tesla sold off on earnings news are particularly relevant because both are major components of QQQ, raising concern that heavyweight tech earnings could drag the ETF lower. Article Title

Invesco QQQ Stock Down 1.9%

QQQ stock opened at $691.96 on Friday. Invesco QQQ has a fifty-two week low of $551.68 and a fifty-two week high of $748.65. The business has a 50-day moving average of $719.36 and a 200-day moving average of $655.76.

Invesco QQQ Increases Dividend

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

About Invesco QQQ

(Free Report)

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.