Delta Investment Management LLC increased its holdings in the Invesco QQQ Trust by 383.0% during the third quarter, acquiring an additional 17,868 shares to bring its total to 22,533 shares. This position represents 2.4% of the firm’s overall portfolio, making QQQ its 12th largest holding. According to the latest SEC filing, Delta’s QQQ stake was valued at approximately $13.53 million as of quarter end, underscoring a strategic decision to allocate more capital to large-cap growth and technology exposures within its diversified book.

Several other wealth managers and hedge funds also modified their QQQ allocations in recent quarters. Brighton Jones LLC lifted its position by 15.0%, reaching 38,348 shares valued at about $19.6 million. Revolve Wealth Partners LLC added 176 shares for a 3.5% increase to 5,257 shares. In the first quarter, Trexquant Investment LP expanded its stake by 45.5% to 1,567 shares, while Aprio Wealth Management LLC and Ancora Advisors LLC modestly increased their holdings by 3.6% and 1.4% to 7,841 and 17,330 shares, respectively. Collectively, institutional investors now hold 44.58% of QQQ’s outstanding units, reflecting broad confidence in the Nasdaq-100 index strategy.

QQQ’s sponsor recently raised the quarterly distribution to $0.7941 per share, payable to shareholders of record as of December 22nd and disbursed on December 31st. This represents an annualized payout of $3.18 per share, lifting the yield to 0.5% and marking an increase from the prior quarterly rate of $0.69. The dividend hike underscores the Trust’s commitment to combining growth-oriented index tracking with a growing income component, a feature that may appeal to yield-seeking investors in a low-yield environment.