POWERSHARES QQQ TRUST

CUSIP: 73935a104 Class: ETF

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

Decreased Positions (1)

CHARTIST INC /CA/
Value ($000) $33,039 (+0.8%) Shares 53,783 (-1.5%)

Exited Positions (1)

CHECK CAPITAL MANAGEMENT INC/CA
Value ($000) $385 Shares 641