We are live on ! Find out more
QABA icon

First Trust NASDAQ ABA Community Bank Index Fund
QABA

81 hedge funds and large institutions have $109M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 34 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

6.76% less ownership

Funds ownership: 52.16% → 45.4% (-6.8%)

10% less funds holding

Funds holding: 90 → 81 (-9)

33% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 24

44% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 34

46% less capital invested

Capital invested by funds: $201M → $109M (-$92M)

100% less funds holding in top 10

Funds holding in top 10: 2 → 0 (-2)

Holders
81
Holders Change
-9
Holders Change %
-10%
% of All Funds
1.8%
Holding in Top 10
–
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
–
New
16
Increased
19
Reduced
34
Closed
24
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$4.89M
2
PAG
Private Advisor Group
New Jersey
+$4.87M
3
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$2.13M
4
Jane Street
Jane Street
New York
+$1.74M
5
TRCT
Tower Research Capital (TRC)
New York
+$1.72M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$25.9M
2
RJA
Raymond James & Associates
Florida
-$6.05M
3
CA
Cumberland Advisors
Florida
-$5.54M
4
Bank of America
Bank of America
North Carolina
-$5.49M
5
IA
IFP Advisors
Florida
-$4.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
DADC
26
D.A. Davidson & Co
Montana
$1M +$16K +330 +1%
TW
27
TrinityPoint Wealth
Connecticut
$891K +$1,000K +20,675 New
LTFS
28
Ladenburg Thalmann Financial Services
Florida
$824K -$82.3K -1,703 -8%
KWM
29
Kingsview Wealth Management
Oregon
$745K -$36.1K -747 -4%
Janney Montgomery Scott
30
Janney Montgomery Scott
Pennsylvania
$715K -$294K -6,087 -27%
FAAS
31
First Allied Advisory Services
California
$647K +$207K +4,291 +40%
Cambridge Investment Research Advisors
32
Cambridge Investment Research Advisors
Iowa
$557K -$878K -18,156 -58%
9WM
33
9258 Wealth Management
Ohio
$537K +$603K +12,469 New
CA
34
Cetera Advisors
Colorado
$487K -$161K -3,327 -23%
JIP
35
Jaffetilchin Investment Partners
Florida
$416K -$959K -19,829 -67%
ST
36
Spinnaker Trust
Maine
$377K – – –
FWM
37
Foresight Wealth Management
Utah
$369K +$415K +8,573 New
CCA
38
Clearwater Capital Advisors
Illinois
$353K -$213K -4,402 -35%
William Blair & Company
39
William Blair & Company
Illinois
$350K +$393K +8,120 New
AIC
40
Ameritas Investment Company
Nebraska
$345K +$387K +8,005 New
CC
41
Claybrook Capital
Massachusetts
$312K +$351K +7,253 New
WDL
42
Well Done LLC
Michigan
$312K +$351K +7,253 New
IA
43
IFP Advisors
Florida
$298K -$4.9M -101,242 -94%
CAG
44
Csenge Advisory Group
Florida
$295K +$19.1K +394 +6%
CAAS
45
Capital Asset Advisory Services
Michigan
$257K +$289K +5,975 New
SS
46
Sunbelt Securities
Texas
$237K +$338 +7 +0.1%
LWAC
47
Laurel Wealth Advisors (California)
California
$221K -$2.42K -50 -1%
KA
48
Kovack Advisors
Florida
$219K -$3.72K -77 -1%
TSS
49
Two Sigma Securities
New York
$213K +$239K +4,941 New
WEC
50
Winslow Evans & Crocker
Massachusetts
$212K -$14.7K -304 -6%
1
2
3 4 5

QABA Hedge Fund Activity: Q4 2018 in Review

81 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q4 2018, worth a combined $109M — down 46% from $201M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of QABA and 16 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 19 added.

The largest buyer was Susquehanna International Group, adding an estimated $4.89M. The largest seller was Morgan Stanley, cutting an estimated $25.9M.

  • 81 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q4 2018, down from 90 in Q3 2018.
  • Funds reported $109M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q4 2018, down 46% quarter-over-quarter.
  • 16 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q4 2018 and 24 closed out, a net change of -8 holders.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q4 2018 was Susquehanna International Group, an estimated $4.89M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q4 2018 was Morgan Stanley, an estimated $25.9M sold.

Based on aggregated 13F filings for Q4 2018.