Hbw Advisory Services 13F: Cuts QQQ Stake by $17M

Hbw Advisory Services trimmed its investment in Invesco QQQ Trust during the recent period, filing a reduced stake with the SEC.

By EarningsIQ Research Desk · Published Oct 15, 2026, 9:37 PM EDT · Updated Oct 16, 2026, 3:48 PM EDT

Reviewed by automated data checks against the source filing. How we make and check alerts

Hbw Advisory Services sold 23,398 shares from its stake in Invesco QQQ Trust ($QQQ), a 40.77% decrease, according to a 13F filing with the SEC dated October 15, 2026. It reported 33,995 shares worth $25.15 million at the end of the quarter.

Since the filing, $QQQ is down 2.5% to date (from the $728 close on Oct 15, 2026).

Find the original: Hbw Advisory Services 13F filings on SEC EDGAR

QQQ Invesco QQQ Trust

$709.80 +16.16% year to date

Daily close · Oct 16, 2026

Key Points

Hbw Advisory Services reduced its position in Invesco QQQ Trust by 40.8%, selling 23,398 shares during the quarter.
The fund was left with 33,995 shares of Invesco QQQ Trust, carrying a reported value of $25.1 million at the close of the period.
Invesco QQQ Trust shares traded near $710.77 on Friday, hovering between a 52-week low of $555.60 and a high of $762.86.

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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Invesco QQQ Trust alert may contain errors. Disclosures

Hbw Advisory Services dialed back its exposure to Invesco QQQ Trust (NasdaqGM: QQQ), trimming its holdings during the third quarter. The move leaves the fund with a lighter footprint in the popular Nasdaq-tracking portfolio as institutional managers adjust their allocations heading toward the end of the year.

13F track record

Hbw Advisory Services vs. the S&P 500

YTD return +3.90% hypothetical

All-time return +3.90% S&P 500 +4.74%

vs. S&P 500 -0.84% behind the index

Hypothetical returns from Hbw Advisory Services's disclosed trades, not real profit or advice. How we model this.

What Changed in Hbw Advisory Services's Invesco QQQ Trust Position

Hbw Advisory Services sold 23,398 shares of Invesco QQQ Trust, a 40.8% reduction from its prior holding of 57,393 shares. Following the trade, the fund reported owning 33,995 shares. Based on market prices at the end of the reporting period, the remaining stake was valued at $25,148,419. This backward-looking filing reflects portfolio choices made as of the reporting date and may not reflect the firm's current holdings.

Invesco QQQ Trust Stock Down 2.6%

Shares of Invesco QQQ Trust traded at $710.77 recently. The fund has experienced a wide trading range over the past year, dropping as low as $555.60 and climbing as high as $762.86. The fund carries a price-to-earnings ratio of 27.88 and offers a dividend yield of 0.42%.

About Invesco QQQ Trust

Invesco QQQ Trust is an exchange-traded fund designed to track the performance of the Nasdaq-100 Index. The trust holds the largest non-financial companies listed on the Nasdaq stock market, giving investors broad exposure to technology, consumer discretionary, and healthcare giants. Adjustments are made periodically to match changes in the underlying index.

Bottom Line

Institutional adjustments like this one highlight how investment managers regularly rebalance their portfolios in response to market shifts. Investors reviewing these transactions should remember that Form 13F filings offer a delayed look at past positioning. Watch for future regulatory filings from Hbw Advisory Services to see if the firm continues to adjust its QQQ exposure.

More on this

Source: Hbw Advisory Services's 13F filing on $QQQ (Oct 15, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Hbw Advisory Services 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts