First Trust NASDAQ ABA Community Bank Index Fund
QABA
90 hedge funds and large institutions have $198M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2018 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 42 increasing their positions, 11 reducing their positions, and 4 closing their positions.
450% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 4
282% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 11
34% more capital invested
Capital invested by funds: $148M → $198M (+$50.3M)
25% more funds holding
Funds holding: 72 → 90 (+18)
4.86% more ownership
Funds ownership: 47.28% → 52.14% (+4.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.8M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$4.73M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.46M |
| 4 |
CA
Cumberland Advisors
Sarasota,
Florida
|
+$3.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$417K |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$241K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$206K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$70.5K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$65.2K |
QABA Hedge Fund Activity: Q2 2018 in Review
90 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q2 2018, worth a combined $198M — up 34% from $148M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new QABA positions and 4 closed out — a net gain of 18 holders — while 42 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $4.8M. The largest seller was Tower Research Capital (TRC), cutting an estimated $417K.
- 90 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q2 2018, up from 72 in Q1 2018.
- Funds reported $198M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q2 2018, up 34% quarter-over-quarter.
- 22 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q2 2018 and 4 closed out, a net change of +18 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q2 2018 was Bank of America, an estimated $4.8M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q2 2018 was Tower Research Capital (TRC), an estimated $417K sold.
Based on aggregated 13F filings for Q2 2018.