This article first appeared on GuruFocus .
Invesco NASDAQ 100 ETF ( QQQM ) was the only ETF buying in Thursday's session, with no funds selling, according to its reported daily holdings changes. QQQM added $198.6 million of stock across 100 positions and trimmed none, leaving net buying of $198.6 million against gross ETF activity of the same amount. The fund's assets under management stand at $106.03 billion.
What did QQQM buy on Thursday?
Its largest buys by dollar value were NVDA ($16.4 million), AAPL ($16.2 million) and MSFT ($12.5 million).
| Stock |
Shares changed |
Value |
Position |
|---|---|---|---|
| NVIDIA Corp ( NVDA ) |
+76,797 |
$16.4M |
8.09% of fund |
| Apple Inc ( AAPL ) |
+46,506 |
$16.2M |
8.00% of fund |
| Microsoft Corp ( MSFT ) |
+23,667 |
$12.5M |
6.18% of fund |
| Micron Technology Inc ( MU ) |
+9,936 |
$9.3M |
4.58% of fund |
| Amazon.com Inc ( AMZN ) |
+34,362 |
$8.4M |
4.13% of fund |
The largest buy was NVIDIA Corp ( NVDA ), with 76,797 shares added worth $16.4 million, lifting the position to 8.09% of assets. Apple Inc ( AAPL ) followed with 46,506 shares added worth $16.2 million, taking its weight to 8.0%, while Microsoft Corp ( MSFT ) gained 23,667 shares valued at $12.5 million for a 6.18% weight. Micron Technology Inc ( MU ) added 9,936 shares worth $9.3 million at 4.58%, and Amazon.com Inc ( AMZN ) added 34,362 shares worth $8.4 million at 4.13%. None of the buys were new positions and the fund exited nothing.
How does QQQM invest?
Invesco NASDAQ 100 ETF ( QQQM ) is an Equity US fund in the Equity asset class, holding 101 stocks with 46.5% of assets in its 10 largest holdings. Technology accounts for 59.1% of the stocks that could be classified, Communication Services 10.8% and Consumer Cyclical 10.8%, and the portfolio is 100.0% large-cap. It charges an expense ratio of 0.15%. Its top holdings are NVIDIA Corp at 8.09%, Apple Inc at 8.0%, Microsoft Corp at 6.18%, Micron Technology Inc at 4.58% and Amazon.com Inc at 4.13%. The fund has a GF Score of 88, a P/E of 28.59, a P/B of 7.7, a dividend yield of 0.44% and a year-to-date return of 12.83%.
Invesco NASDAQ 100 ETF ( NASDAQ:QQQM ) at a glance
| Measure |
Value |
|---|---|
| Category |
Equity US |
| Asset class |
Equity |
| Holdings |
101 |
| Top 10 holdings |
46.5% of assets |
| Largest sectors |
Technology 59.1%, Communication Services 10.8%, Consumer Cyclical 10.8% |
| Expense ratio |
0.15% |
| Market-cap mix |
Large 100.0%, mid 0.0%, small 0.0% |
| 88/100 |
|
| P/E |
28.59 |
| P/B |
7.70 |
| Dividend yield |
0.44% |
| Year-to-date return |
+12.83% |
| Top holdings |
NVDA (8.09%), AAPL (8.00%), MSFT (6.18%), MU (4.58%), AMZN (4.13%) |
See the full Invesco NASDAQ 100 ETF 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 .
Track the latest ETF buying and selling trends and search funds in the GuruFocus ETF Screener .
What should investors watch next for QQQM?
With every position increased and none trimmed, watch whether the fund keeps adding across the board or begins rotating among its largest holdings at the next holdings update.
Based on holdings changes reported by Invesco NASDAQ 100 ETF ( QQQM ) for Oct. 29, 2026, US-listed stocks only.
