Bedell Frazier Investment Counselling LLC Makes New $8.14 Million Investment in Invesco QQQ $QQQ

Bedell Frazier Investment Counselling LLC acquired a new stake in Invesco QQQ (NASDAQ:QQQ) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 13,564 shares of the exchange traded fund’s stock, valued at approximately $8,143,000. Invesco QQQ accounts for approximately 1.7% of Bedell Frazier Investment Counselling LLC’s investment portfolio, making the stock its 19th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of QQQ. 1832 Asset Management L.P. lifted its holdings in shares of Invesco QQQ by 100.0% during the second quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund’s stock valued at $1,167,000 after acquiring an additional 40,999,982 shares during the period. Symphony Financial Ltd. Co. acquired a new stake in shares of Invesco QQQ during the 2nd quarter worth about $1,236,482,000. HRT Financial LP increased its position in shares of Invesco QQQ by 118.3% during the 2nd quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock worth $1,735,226,000 after purchasing an additional 1,704,600 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Invesco QQQ by 42.4% in the second quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund’s stock valued at $2,700,424,000 after buying an additional 1,457,109 shares in the last quarter. Finally, Kensington Asset Management LLC boosted its position in Invesco QQQ by 2,124.5% in the second quarter. Kensington Asset Management LLC now owns 366,881 shares of the exchange traded fund’s stock valued at $202,386,000 after buying an additional 350,388 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Key Invesco QQQ News

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

• Positive Sentiment: 24/7 Wall St. argues QQQ still belongs in a total‑return portfolio despite a low dividend, reminding investors QQQ is bought for growth exposure to big tech and AI leaders — a structural positive for long‑term demand. QQQ Pays Nothing, But Still Fits Into a 2026 Portfolio Built for Total Return
• Positive Sentiment: An article arguing Nvidia countered a bearish call signals that outsized gains or upside surprises from mega‑caps (NVIDIA in particular) can lift QQQ given its concentration in a few names. Positive catalyst if large caps keep beating expectations. Did Nvidia Just Prove Citrini Wrong?
• Positive Sentiment: Some strategists view the recent uptick in hedging as a contrarian buy signal — if downside protection activity signals capitulation, it can precede rebounds that disproportionately help growth‑heavy QQQ. Stock Investors Are Hedging a Drop. Strategists See a Buy Signal
• Neutral Sentiment: “The 4 Phases Of AI” notes strong AI‑driven earnings but a still‑fragile market — good for underlying fundamentals but not enough to prevent short‑term volatility in QQQ. The 4 Phases Of AI: Strong Earnings, Weak Markets
• Neutral Sentiment: ETF updates and economic commentary (TipRanks, Seeking Alpha macro pieces) provide mixed signals on growth vs. inflation — useful context but not an immediate directional driver for QQQ beyond market mood. Invesco QQQ Trust ETF (QQQ) Daily Update, 2/26/2026
• Negative Sentiment: Several commentary pieces warn of a tech “fakeout,” rising pessimism, and signs of an irrational market — headlines that amplify selling pressure in Nasdaq‑heavy ETFs like QQQ. Nasdaq And U.S. Index Outlook: Stock Markets Tumble; The Great Tech Fakeout
• Negative Sentiment: Rotation into defense and healthcare (articles urging defensive positioning and XLV) suggests funds are shifting away from growth‑and‑AI exposures, pressuring QQQ flows and sentiment. Why It’s Time To Think About Defense
• Negative Sentiment: Concentration risk and warnings that Nvidia/the bull market may have “run out of steam” heighten downside risk for QQQ because a few names drive its returns. This Bull Market And Nvidia Have Run Out Of Steam; Bear Market Ahead?
• Negative Sentiment: Macro pieces (PCE, unemployment) argue the Fed may be misstepping — sticky rate concerns add to risk‑off moves that weigh on growth stocks and QQQ. New PCE And Unemployment Data Show The Fed Is On The Wrong Path

Invesco QQQ Stock Down 0.3%

Shares of Invesco QQQ stock opened at $607.29 on Friday. The firm’s 50-day moving average price is $616.27 and its two-hundred day moving average price is $606.48. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01.

Invesco QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a dividend of $0.7941 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $3.18 dividend on an annualized basis and a yield of 0.5%. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.69.

Invesco QQQ Profile

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.