Legendary macro investor Paul Tudor Jones' firm, Tudor Investment Corp, significantly reduced its holding in the Invesco QQQ Trust (QQQ) during the second quarter of 2026. According to a quarterly report filed with the SEC, the firm cut its position by nearly 90%, from 242.24K shares down to 26.58K. This disclosure, dated August 14, 2026, reflects trades made between March 31 and June 30 of the same year, so it is not indicative of a recent move.
The reduction decreased the value of Tudor's QQQ holding from $139.81 million to $19.57 million. While the firm has not publicly commented on this specific trade, Paul Tudor Jones had expressed concerns earlier in the year about a potential "breathtaking" market correction, even while remaining bullish on specific sectors like artificial intelligence. The sale reduced the weight of QQQ in Tudor's reported portfolio from 0.26% to a nominal 0.03%.