Invesco QQQ Trust ETF got a big boost from top Wall Street players in Q1.
Citadel’s Ken Griffin snapped up 2.2 million shares. QQQ is now his fund’s third-largest holding outside options.
Millennium Management’s Israel Englander added 474,300 shares. QQQ ranks in his fund’s top 25 positions, excluding options. 
Point72’s Steven Cohen bought 7,950 shares. The stake remains small for his fund.
These three are among the richest, most profitable hedge funds ever. Their moves signal confidence in QQQ.
This ETF tracks the Nasdaq-100, heavy on tech stocks—over 60% of assets. It’s stacked with AI winners like Nvidia (9.8%), Microsoft (8.7%), Apple (7.2%), Amazon (5.6%), and Alphabet (5%).
AI spending is expected to grow 35.9% annually through 2030. Nvidia leads in AI data center GPUs. Amazon, Microsoft, Alphabet dominate public cloud AI infrastructure. Apple, Meta, Netflix, Broadcom, and Tesla also lean into AI.
QQQ has racked up a 1,340% gain over 20 years, or 14% annually (excluding dividends). With dividends, total returns hit 1,560%, about 15% yearly. Using a cautious 12% return, a $500 monthly investment could turn into $432,300 in 20 years.
QQQ is volatile. It’s fallen over 12% from its peak seven times in the last decade. The ETF charges a 0.2% annual fee, cheaper than the 0.34% average for U.S. index funds.
Image source: Getty Images.
Here’s how your money could grow at 12% annual returns:
| Holding Period | $200 Per Month | $400 Per Month | $600 Per Month |
|---|---|---|---|
| 10 Years | $42,100 | $84,200 | $126,300 |
| 20 Years | $172,900 | $345,800 | $518,700 |
Results via investor.gov compound interest calculator.
This ETF’s tech-heavy exposure makes it risky but potentially high reward.
Trevor Jennewine has positions in Amazon, Nvidia, and Tesla.
The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Costco Wholesale, Meta Platforms, Microsoft, Netflix, Nvidia, and Tesla.
The Motley Fool recommends Broadcom and these options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft.
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