Ameritas Investment Partners, Inc.

Invesco QQQ Trust's CUSIP was reissued this quarter, and on the surface Ameritas Investment Partners' filing shows it as a $22.0 million sale paired with a $27.0 million purchase — but the real, continuous position grew from 35,775 shares to 46,802, a genuine 30.8% increase and roughly a $5 million real add, making it the single largest deliberate buy anywhere in this 3,722-position, $3.25 billion book. Beyond that, the iShares Russell 2000 ETF (IWM) saw the sharpest real cut at -19.2% ($2.6 million outflow), while Tesla (+8.3%, $2.7 million real buy) and Micron (+13.8%, $2.4 million real buy) were the largest genuine single-stock additions. Walmart entered as a substantial new $28.4 million position, and five holdings — including Qualcomm ($12.4 million) and Visa ($11.0 million) — were closed outright.