Signal Advisors Loads Up on 25,696 QQQM Shares in Q2 2025

Signal Advisors Wealth substantially increased its QQQM holdings by 25,696 shares in Q2 2025, raising its total stake to 119,618 shares valued at $27.35 million, which now constitutes 2.12% of its $1.28 billion 13F portfolio. This significant 27% boost in exposure to the Invesco Nasdaq 100 ETF signals the firm's strategic conviction in the continued strength of the technology sector, likely favoring QQQM for its lower expense ratio and tax efficiency, which are beneficial for long-term buy-and-hold strategies.

Analysis

Based on its Q2 2025 13F filing, Signal Advisors Wealth has materially increased its conviction in the Nasdaq-100, boosting its holdings in the Invesco Nasdaq 100 ETF (QQQM) by 27%. This purchase of 25,696 shares brings its total stake to 119,618 shares, valued at $27.35 million and representing 2.12% of the firm's $1.28 billion portfolio. The selection of QQQM over the more liquid QQQ suggests a long-term, buy-and-hold thesis, aiming to capitalize on QQQM's lower 0.15% expense ratio and tax-efficient structure. This bullish positioning in technology, however, contrasts with the fund's recent performance, which has underperformed the S&P 500 by one percentage point year-over-year, and its elevated forward P/E ratio of 32.47. While Signal Advisors is betting on continued strength, the position remains a satellite holding relative to its larger core positions in broad-market S&P 500 ETFs like SPLG and SPY, which total 13.7% of AUM.

Key Decisions for Investors

• Investors with a long-term bullish outlook on large-cap technology could see Signal Advisors' move as a reinforcement to use QQQM for its lower expense ratio and tax efficiency, which are advantageous for buy-and-hold strategies.
• Caution is warranted given the ETF's high forward P/E of 32.47 and recent 1% underperformance relative to the S&P 500, suggesting investors should monitor for signs of valuation pressure or sector rotation.
• While the 27% increase in shares is a strong signal, this QQQM stake constitutes just 2.12% of the firm's portfolio, indicating it serves as a tactical growth allocation rather than a primary portfolio driver, a strategy other investors might consider replicating.