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Proshares Trust (TQQQ) Buys $83.0 Million More Apple on Thursday

Via GuruFocus.com

Proshares Trust (TQQQ) Buys $83.0 Million More Apple on Thursday GuruFocus News Mon, November 9, 2026 at 6:05 AM EST 3 min read TQQQ +1.19% NVDA -4.83% AAPL +0.64% MU -0.89% MSFT +1.43% 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 Trust (TQQQ) was the sole mover in Thursday's session, adding $948.8 million of stock across all 100 of its positions with no sales. TQQQ increased every holding it reported, leaving its position count unchanged and its net buying equal to its gross ETF activity for the day.

Warning! GuruFocus has detected 6 Warning Signs with TRP.

Is TQQQ fairly valued? Test your thesis with our free DCF calculator.

Its largest buys by dollar value were AAPL ($83.0 million), NVDA ($72.3 million) and MSFT ($65.7 million).

The largest buy was Apple (AAPL), which rose by 241,092 shares for $83.0 million and now sits at 8.75% of the portfolio. Nvidia (NVDA) followed with 398,268 shares added for $72.3 million, then Microsoft (MSFT) at 122,544 shares for $65.7 million, Amazon (AMZN) at 178,155 shares for $46.4 million and Micron (MU) at 51,615 shares for $33.9 million. None of the buys were new positions and no holdings were sold out.

Proshares Trust is an alternative equity leveraged fund with 3.0x leverage and an expense ratio of 0.94%. It holds 100 stocks, all large-cap, with 47.2% of assets in its 10 largest holdings. Technology accounts for 55.4% of the classified stocks, followed by Communication Services at 12.1% and Consumer Cyclical at 11.8%. Its top holdings are Apple at 8.59%, Nvidia at 7.73%, Microsoft at 6.77%, Amazon at 4.81% and Micron at 3.7%. The fund has a GF Score of 88, a P/E of 28.53, a P/B of 7.07, a dividend yield of 1.19% and a year-to-date return of -0.31%.

Technology 55.4%, Communication Services 12.1%, Consumer Cyclical 11.8%

AAPL (8.59%), NVDA (7.73%), MSFT (6.77%), AMZN (4.81%), MU (3.70%)

Holdings, performance and fees for TQQQ are on its fund summary page; the ETF Screener lines it up against its peers. For the stock behind its biggest buy, see AAPL's GF Value page and guru trades.

Looking for a fund? Use the ETF Screener, and follow daily fund activity on the ETF Trends page.

Watch whether the fund keeps adding across the board or begins trimming, and whether Apple's weight holds near 8.75% in the next holdings update.

Based on holdings changes reported by Proshares Trust (TQQQ) for Nov. 5, 2026, US-listed stocks only.

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Read original at Yahoo Finance News

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