QQQ

On October 10, 2025, DKM Wealth Management, Inc. disclosed a new position in Invesco QQQ Trust, Series 1, acquiring 7,935 shares for an estimated $4.76 million in Q3 2025.

What happened

According to a filing with the U.S. Securities and Exchange Commission dated October 10, 2025, DKM Wealth Management, Inc. initiated a position in Invesco QQQ Trust, Series 1 (QQQ -3.46%), purchasing approximately 7,935 shares in Q3 2025. The estimated transaction value is $4,763,936 in Q3 2025. This brings the fund’s total QQQ position to $4.76 million, with no prior holding reported last quarter.

What else to know

This is a new position for the fund, now accounting for 3.8% of DKM Wealth Management, Inc.’s $124.58 million in reportable U.S. equity assets in Q3 2025.

Top holdings after the filing:

• (NASDAQ:TBLD): $18.72 million (15.0% of AUM) in Q3 2025
• (NYSEMKT:TCAF): $14,341,015 (11.5113% of AUM) as of September 30, 2025
• (NYSE:SOR): $12.86 million (10.3% of AUM) in Q3 2025
• (NYSEMKT:GRNY): $9.22 million (7.4% of AUM) in Q3 2025
• (NYSEMKT:ITOT): $7,186,455 (5.7685% of AUM) as of September 30, 2025

As of October 9, 2025, shares of Invesco QQQ Trust, Series 1 were priced at $610.70, up 23.84% for the year through October 9, 2025, outperforming the S&P 500 by 8.38 percentage points

Company overview

Company snapshot

The investment strategy seeks to track the performance of the NASDAQ-100 Index®.

The portfolio is periodically rebalanced to maintain alignment with the index.

The fund is structured as a trust.

Invesco QQQ Trust offers investors targeted exposure to the NASDAQ-100 Index. The fund’s strategy uses periodic rebalancing to closely mirror index composition and weights.

Foolish take

DKM Wealth Management opened a new position in Invesco’s popular QQQ Trust in Q3 2025, to the tune of $4.8 million and over 7,900 shares. Because QQQ tracks the NASDAQ-100, it gives DKM Wealth Management and other investors a more balanced exposure to tech stocks without nearly as much risk as would be present in investing in individual technology companies.

This has pros and cons, since any individual tech holding can suddenly become a hot commodity and its value balloon dramatically in the current market environment. However, by selecting a basket of tech giants, investors can largely avoid the dramatic ups and downs involved with this sector, and are protected from the more serious losses that can also be present here.

QQQ is an ETF that’s frequently and sometimes aggressively traded, more preferred by active traders than its very similar cousin, QQQM.  QQQ also has higher liquidity, which may be preferred by DKM if the fund feels that this is a shorter term investment, rather than a permanent portfolio balancing move. It can certainly be held long term like QQQM typically is, but it has a higher expense ratio and a higher per share price. Don’t expect this to be a long-term move.

Glossary

13F reportable assets: Assets that U.S. institutional investment managers must disclose quarterly to the SEC on Form 13F.
Assets under management (AUM): The total market value of investments managed on behalf of clients by a fund or firm.
Position: The amount of a particular security or investment held by an investor or fund.
Trust (fund structure): An investment fund organized as a legal trust, often holding assets on behalf of investors.
Periodic rebalancing: Adjusting a portfolio’s holdings at set intervals to maintain target asset allocations or index alignment.
Dividend yield: The annual dividend income from an investment, expressed as a percentage of its current price.
Total return: The investment’s price change plus all dividends and distributions, assuming those payouts are reinvested.
NASDAQ-100 Index®: A stock market index comprising 100 of the largest non-financial companies listed on the NASDAQ exchange.
Outperforming: Achieving a higher return than a benchmark index or comparable investment over a given period.
Market value: The current total value of a holding, calculated as the share price multiplied by the number of shares owned.

One of the most popular exchange-traded funds (ETFs) on the stock market is the Invesco QQQ Trust (QQQ 0.70%). It mirrors the Nasdaq-100, an index that tracks the 100 largest companies on the Nasdaq stock exchange (excluding financial names such as banks and insurance companies). It is the second-most traded ETF in the U.S. based on average daily volume.

Over the past decade, QQQ has also been one of the best ETFs for investors to hold. Had you put $1,000 in the ETF 10 years ago (using Aug. 25, 2015, as the starting point), it would be worth over $5,800 today. And if you include dividends paid out during that time, the investment would be worth over $6,200.

Data by YCharts.

What could the next 10 years look like for QQQ?

The QQQ is a tech-heavy ETF (the sector makes up over 60% of the fund), so as the industry goes, so does the fund. This has worked in its favor so far, but will that be the case going forward? I believe so as the technology sector still has some of the most compelling growth opportunities across the entire economy.

The one making the most headlines right now is artificial intelligence (AI) and its potential to help companies across every industry increase their efficiency. Other opportunities that will drive tech sector growth over the next decade include cloud computing, cybersecurity, and digital advertising.

With companies like Nvidia, Apple, Microsoft, Alphabet, Amazon, and Meta Platforms leading the way, the QQQ is in good hands for the foreseeable future.