What ProShares Ultra QQQ (QLD) Bought: No Buys as NVIDIA Leads Sells on Oct. 29 GuruFocus News Mon, November 2, 2026 at 6:04 AM EST 3 min read AAPL -1.23% NVDA -4.22% QLD -6.93% MSFT -1.55% AMZN -1.41% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
ProShares Ultra QQQ 2x Shares (QLD) was alone among the ETFs reviewed in selling on Thursday, with no funds buying. The $13.26 billion fund recorded $430.9 million in gross ETF activity, all of it on the sell side, for a net outflow of $430.9 million. QLD trimmed 99 positions and added to none.
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Its largest sells by dollar value were NVDA ($35.7 million), AAPL ($35.3 million) and MSFT ($27.3 million).
NVIDIA (NVDA) was the largest sale, with 167,200 shares cut for $35.7 million, leaving a 8.12% weight. Apple (AAPL) followed with 101,300 shares sold for $35.3 million at a 8.03% weight, and Microsoft (MSFT) shed 51,500 shares for $27.3 million at 6.21%. Micron (MU) fell by 21,600 shares for $20.2 million and Amazon (AMZN) by 74,900 shares for $18.3 million. None of the sales were new positions or full exits.
QLD is an alternative equity leveraged fund with 2.0x leverage, holding 100 stocks, with 46.9% of assets in its 10 largest holdings. Technology accounts for 58.1% of classified stocks, Communication Services 11.1% and Consumer Cyclical 11.1%, and the portfolio is 100.0% large-cap. Its expense ratio is 0.96%, and top holdings include Apple at 8.22%, NVIDIA at 8.06%, Microsoft at 6.33%, Micron at 4.51% and Amazon at 4.23%. It has a GF Score of 88, a P/E of 27.69, a P/B of 6.88, a dividend yield of 0.13% and a year-to-date return of 17.43%.
Technology 58.1%, Communication Services 11.1%, Consumer Cyclical 11.1%
AAPL (8.22%), NVDA (8.06%), MSFT (6.33%), MU (4.51%), AMZN (4.23%)
Holdings, performance and fees for QLD are on its fund summary page; the ETF Screener lines it up against its peers. Its biggest sell this time, NVDA, has its own GF Value page and stock summary.
With every position trimmed and no buys, watch whether QLD's next update shows further broad reductions or a return to adding exposure among its largest technology holdings.
Based on holdings changes reported by ProShares Ultra QQQ 2x Shares (QLD) for Oct. 29, 2026, US-listed stocks only.
Sector Trends: Energy Leads, Technology Sold Most on Oct. 29
ETFs Are Net Sellers of NVIDIA (NASDAQ:NVDA) on Oct. 29
ETFs Are Net Sellers of Apple (NASDAQ:AAPL) on Oct. 29
ETFs Are Net Sellers of Microsoft (NASDAQ:MSFT) on Thursday
ETFs Are Net Sellers of Micron Technology (NASDAQ:MU) on Oct. 29
