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First Trust NASDAQ ABA Community Bank Index Fund

56 hedge funds and large institutions have $50M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 32 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.96% less ownership

Funds ownership: 37.61%33.65% (-4%)

8% less funds holding

Funds holding: 6156 (-5)

25% less capital invested

Capital invested by funds: $66.8M → $50M (-$16.8M)

44% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 9

75% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 32

Holders
56
Holders Change
-5
Holders Change %
-8.2%
% of All Funds
1.23%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
8
Reduced
32
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CAAS
26
Capital Asset Advisory Services
Michigan
$257K +$29.9K +632 +13%
CAN
27
Cetera Advisor Networks
California
$245K -$342K -7,238 -59%
LWAC
28
Laurel Wealth Advisors (California)
California
$244K
JCM
29
Jacobi Capital Management
Pennsylvania
$213K -$10.1K -213 -5%
AIC
30
Ameritas Investment Company
Nebraska
$160K +$158K +3,342 New
SPIA
31
Steward Partners Investment Advisory
New York
$91K -$55.2K -1,169 -38%
AA
32
AlphaMark Advisors
Kentucky
$79K -$2.36K -50 -3%
GWM
33
Geneos Wealth Management
Colorado
$60K -$22.8K -482 -28%
WEC
34
Winslow Evans & Crocker
Massachusetts
$58K -$69.3K -1,466 -55%
QCIG
35
Quad-Cities Investment Group
Iowa
$53K -$15.1K -320 -23%
ASN
36
Advisory Services Network
Georgia
$35K
IBOK
37
Independence Bank of Kentucky
Kentucky
$34K
Northwestern Mutual Wealth Management
38
Northwestern Mutual Wealth Management
Wisconsin
$29K -$95.9K -2,030 -77%
OIA
39
Optimum Investment Advisors
Illinois
$29K
IA
40
IFP Advisors
Florida
$29K +$29K +613 New
PAI
41
Pittenger & Anderson Inc
Nebraska
$24K
GRP
42
Global Retirement Partners
California
$23K -$756 -16 -3%
CFGS
43
Concourse Financial Group Securities
Alabama
$21K -$144K -3,039 -87%
APA
44
American Portfolios Advisors
New York
$20K
RCAG
45
Rehmann Capital Advisory Group
Michigan
$19.1K +$94 +2 +0.5%
BCI
46
Brinker Capital Investments
Pennsylvania
$16K
SFS
47
Sowell Financial Services
Arkansas
$15K +$14.9K +316 New
VFA
48
Valeo Financial Advisors
Indiana
$10K +$4.96K +105 +105%
HCM
49
Hilton Capital Management
New York
$8K
Citigroup
50
Citigroup
New York
$8K +$1.51K +32 +24%

QABA Hedge Fund Activity: Q3 2019 in Review

56 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q3 2019, worth a combined $50M — down 25% from $66.8M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of QABA and 5 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 8 added.

The largest buyer was Citadel Advisors, adding an estimated $1.79M. The largest seller was Private Advisor Group, exiting entirely with an estimated $5.18M sold.

  • 56 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q3 2019, down from 61 in Q2 2019.
  • Funds reported $50M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q3 2019, down 25% quarter-over-quarter.
  • 5 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q3 2019 and 9 closed out, a net change of -4 holders.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q3 2019 was Citadel Advisors, an estimated $1.79M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q3 2019 was Private Advisor Group, an estimated $5.18M sold.

Based on aggregated 13F filings for Q3 2019.