Hedge Funds Buy Mag 7, Eli Lilly — IVV, SPY, QQQ See Heavy Q4 Accumulation - iShares Core S&P 500 ETF (ARCA:IVV), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), State Street SPDR S&P 500 ETF Trust (ARCA:SP

Hedge funds accumulated large amounts of some of the largest U.S. equity ETFs in the fourth quarter of 2025, with the data reflecting their affinity for mega-cap tech and growth stocks.IVV led the list with a total of $41.5 billion in hedge fund allocations. BlackRock led the allocations with $6.3 billion, followed by Schonfeld Strategic Advisors with $5.4 billion and Millennium Management with $4.7 billion.SPY received $18.8 billion in allocations, with Jane Street Group contributing $5.5 billion. Capula M ...