This article first appeared on GuruFocus .
Invesco QQQ led the ETF activity on Monday, adding $72.4 million of Palantir ( PLTR ) as ETFs overall bought a net $108.2 million of the stock. Thirty-nine ETFs were buying versus 21 selling, with 148 holding. It was the second straight day of net buying, following $3.1 million on Oct. 30, after a $112.1 million net sale on Oct. 29. The two-day streak came after net buying of $163.7 million on Oct. 28 and $30.7 million on Oct. 27.
See which funds are buying and selling on GuruFocus ETF Trends , or find and compare funds with the ETF Screener .
See all ETF and guru trades in PLTR on its PLTR guru trades page .
Which ETFs bought PLTR on Monday?
The largest buyers by dollar value were QQQ ($72.4 million), SPY ($24.7 million) and XLK ($12.5 million). In all, 39 ETFs added shares and 21 cut them.
| ETF |
Shares changed |
Value |
Weight in ETF |
|---|---|---|---|
| +406,068 |
$72.4M |
1.87% |
|
| +138,424 |
$24.7M |
0.63% |
|
| +70,070 |
$12.5M |
2.61% |
|
| +60,120 |
$10.7M |
0.63% |
|
| +43,364 |
$7.7M |
1.87% |
|
| +13,824 |
$2.5M |
1.19% |
|
| +4,873 |
$0.9M |
1.88% |
|
| +3,660 |
$0.7M |
2.28% |
QQQ accounted for the largest share of the move, raising its stake by 0.85% to 48,265,413 shares, followed by SPY at $24.7 million and XLK at $12.5 million. IVV added $10.7 million and QQQM $7.7 million, while SPYG , QLD and QTEC rounded out the buyers with smaller amounts. Palantir is a Technology company in the Software - Infrastructure industry with a market cap of $421.6 billion.
Have ETFs been buying or selling PLTR lately?
Over the last 5 reported days, ETFs were net buyers on 4 and net sellers on 1, so the recent trend is mostly buying.
| Date |
Net value |
Buying |
Selling |
|---|---|---|---|
| Nov. 2 |
$108.2M |
39 |
21 |
| Oct. 30 |
$3.1M |
39 |
21 |
| Oct. 29 |
-$112.1M |
35 |
23 |
| Oct. 28 |
$163.7M |
34 |
10 |
| Oct. 27 |
$30.7M |
35 |
7 |
What does PLTR do?
Palantir Technologies builds software platforms that let organizations integrate their data, decisions, and operations at scale.
Palantir reported trailing-12-month revenue of $7.29 billion, up 86.0% over one year, with a gross margin of 84.7% and a net margin of 50.3%. Its P/E ratio is 122.92, P/B 37.63 and P/S 61.89. The GF Score is 85, and GF Value of $215.99 compares with a price of $175.40. The stock's year-to-date return is -1.32%.
PLTR at a glance
| Measure |
Value |
|---|---|
| Price |
$175.40 |
| Market cap |
$421.60B |
| Revenue (trailing 12 months) |
$7.29B |
| Revenue growth (1 year) |
+86.0% |
| Gross margin |
84.7% |
| Net margin |
50.3% |
| P/E |
122.92 |
| P/B |
37.63 |
| P/S |
61.89 |
| 85/100 |
|
| GF Value |
$215.99 |
| Year-to-date return |
-1.32% |
For a closer look, open the PLTR stock summary , its GF Value chart and insider buying and selling .
What should investors watch next for PLTR?
Watch whether the two-day buying streak extends, given the swing from a $112.1 million net sale on Oct. 29 to net buying since.
Based on ETF holdings changes reported for Nov. 2, 2026.
