Y.D. More Investments Ltd cut QQQ stock by 34.2% in the first quarter after selling 35,226 shares, leaving a 67,694-share position worth $39,030,000. The move reduced exposure to an ETF that sat as its 14th-largest holding and accounted for 1.5% of the portfolio.
Y.D. More Investments Ltd and QQQ
67,694 shares remained after the sale, a position large enough to keep Invesco QQQ in the firm’s top tier of holdings. The reported value of $39,030,000 means the trimming was not a full exit but a material reduction in size, with the first-quarter filing showing the trade as a portfolio cut rather than a rotation out of the fund.
1st quarter selling of 35,226 shares also gives the reduction a concrete scale. Compared with the post-sale position, the transaction removed a little more than one-third of the stake, which is consistent with the reported 34.2% decline. That leaves a meaningful exposure to NASDAQ:QQQ even after the cut.
Corient Private Wealth LLC and Bank of America Corp DE
3,567.7% was the increase Corient Private Wealth LLC reported in the fourth quarter, after it bought an additional 20,852,432 shares and ended with 21,436,917 shares. Bank of America Corp DE also lifted its holdings by 381.0% in the same period, finishing with 19,547,552 shares after adding 26,505,055 shares.
11.8% was the gain for Northwestern Mutual Wealth Management Co., which reached 3,547,591 shares after adding 375,581 shares. Healthcare of Ontario Pension Plan Trust Fund raised its position by 21.4% to 3,025,000 shares, while Analyst IMS Investment Management Services Ltd. grew its stake by 68.6% to 1,750,079 shares after purchasing 712,026 shares.
44.58% institutional ownership
44.58% of Invesco QQQ’s stock is held by institutional investors, so Y.D. More Investments Ltd’s sale fits into a market where large holders are actively changing position sizes. While Y.D. More Investments Ltd reduced its stake, several other large investors increased theirs sharply in the same general period, creating a split signal inside the same fund’s ownership base.
What prompted Y.D. More Investments Ltd to reduce its Invesco QQQ holdings in the first quarter remains the unresolved point in the filing. For readers tracking QQQ stock exposure, the practical takeaway is simple: the stake is still sizable, but the firm has already taken 35,226 shares off the table and left a 67,694-share position in place.
