In its latest SEC filing for the third quarter, Cedar Mountain Advisors LLC trimmed its exposure to QQQ by 3.7%, selling 1,571 shares and ending the period with 40,732 shares. QQQ now represents 4.8% of the firm’s total assets, ranking as its sixth-largest holding. At quarter-end, the stake was valued at approximately $24.45 million, reflecting the firm’s cautious stance on large-cap technology names following recent market volatility.

Arkansas Financial Group Inc. filed a disclosure showing a 14.3% boost to its QQQ allocation during the same reporting period. The firm added 7,792 shares, lifting its total to 62,448 shares and making QQQ its sixth-largest position by weighting (5.6% of portfolio). The additional purchase raised the stake’s market value to about $37.67 million, signaling continued confidence in the Nasdaq-100’s growth prospects through 2026.

In its year-end distribution, QQQ declared a quarterly dividend of $0.7941 per share, up from $0.69 in the prior period. The dividend was payable December 31 to shareholders of record as of December 22, translating into an annualized payout of $3.18 and a yield near 0.5%. This marks the third consecutive increase in the trust’s payout, underscoring management’s commitment to returning capital despite a heavy tilt toward growth-oriented technology stocks.

Institutions and hedge funds collectively own 44.58% of QQQ. In the third quarter alone, Fifth Third Securities added 2,822 shares—bringing its total to 109,863 shares worth $65.96 million—while SK Wealth Management initiated a new position valued at roughly $803,000. BCGM Wealth Management boosted its holding by 13.6% to 25,597 shares ($14.12 million), Prospect Financial Services added 986 shares to reach 11,765 shares ($6.49 million), and Wisconsin Wealth Advisors increased its stake by 21.2% to 6,747 shares ($3.72 million). These moves reflect a broad institutional rebalancing toward large-cap, non-financial Nasdaq leaders ahead of anticipated market gains in 2026.