First Trust NASDAQ ABA Community Bank Index Fund
QABA
61 hedge funds and large institutions have $66.8M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 37 reducing their positions, and 14 closing their positions.
2.79% less ownership
Funds ownership: 40.41% → 37.61% (-2.8%)
16% less funds holding
Funds holding: 73 → 61 (-12)
18% less capital invested
Capital invested by funds: $81.4M → $66.8M (-$14.6M)
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
78% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.52M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$302K |
| 3 |
CAAS
Capital Asset Advisory Services
Williamston,
Michigan
|
+$226K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$148K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$11.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.95M |
| 2 |
Morgan Stanley
New York
|
-$2.61M |
| 3 |
VFA
Voya Financial Advisors
Windsor,
Connecticut
|
-$1.31M |
| 4 |
Jane Street
New York
|
-$984K |
| 5 |
LPL Financial
San Diego,
California
|
-$968K |
QABA Hedge Fund Activity: Q2 2019 in Review
61 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q2 2019, worth a combined $66.8M — down 18% from $81.4M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of QABA and 5 opened new positions — a net loss of 9 holders — while 37 trimmed existing stakes and 8 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.52M. The largest seller was Royal Bank of Canada, cutting an estimated $2.95M.
- 61 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q2 2019, down from 73 in Q1 2019.
- Funds reported $66.8M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q2 2019, down 18% quarter-over-quarter.
- 5 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q2 2019 and 14 closed out, a net change of -9 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q2 2019 was Susquehanna International Group, an estimated $1.52M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q2 2019 was Royal Bank of Canada, an estimated $2.95M sold.
Based on aggregated 13F filings for Q2 2019.