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First Trust NASDAQ ABA Community Bank Index Fund

48 hedge funds and large institutions have $52.1M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 21 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

19.01% less ownership

Funds ownership: 68.74%49.73% (-19%)

24% less funds holding

Funds holding: 6348 (-15)

56% less capital invested

Capital invested by funds: $119M → $52.1M (-$67.2M)

57% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 21

65% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 23

Holders
48
Holders Change
-15
Holders Change %
-23.81%
% of All Funds
0.76%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
9
Reduced
21
Closed
23
Calls
$1.14M
Puts
Net Calls
+$1.14M
Net Calls Change
+$829K
Name Holding Trade Value Shares
Change
Change in
Stake
WFA
26
WMG Financial Advisors
Tennessee
$200K -$597K -11,738 -72%
PTC
27
Private Trust Company
Ohio
$157K
TFGT
28
TS Financial Group (TSFG)
Illinois
$130K +$154K +3,035 New
FCA
29
FinTrust Capital Advisors
South Carolina
$106K
HWA
30
HHM Wealth Advisors
Tennessee
$89.8K +$90.8K +1,785 +585%
IGWM
31
ICA Group Wealth Management
Colorado
$75.7K
US Bancorp
32
US Bancorp
Minnesota
$63.5K
AA
33
AlphaMark Advisors
Kentucky
$62K
HI
34
Harbour Investments
Wisconsin
$52.4K
CSPIA
35
Cary Street Partners Investment Advisory
Virginia
$39.6K +$39.2K +770 +513%
IBOK
36
Independence Bank of Kentucky
Kentucky
$30.1K
AAS
37
Ameritas Advisory Services
Nebraska
$20.4K +$25.4K +500 New
SA
38
SRH Advisors
Kansas
$20K
SS
39
Sunbelt Securities
Texas
$19.6K +$23.4K +460 New
ASN
40
Advisory Services Network
Georgia
$15.9K -$69.8K -1,373 -79%
GRP
41
Global Retirement Partners
California
$13.4K -$7.38K -145 -29%
Carson Wealth (CWM LLC)
42
Carson Wealth (CWM LLC)
Nebraska
$13K
SWM
43
Spire Wealth Management
Virginia
$4.3K -$10.8K -213 -68%
GWM
44
Geneos Wealth Management
Colorado
$3.87K -$22.4K -441 -83%
TRCT
45
Tower Research Capital (TRC)
New York
$2K +$1.88K +37 New
GWSG
46
GPS Wealth Strategies Group
Colorado
$1.98K +$2.34K +46 New
HGERS
47
Householder Group Estate & Retirement Specialist
Arizona
$1K +$1.07K +21 New
Commonwealth Equity Services
48
Commonwealth Equity Services
Massachusetts
$252 -$143K -2,820 -32%
AWM
49
AE Wealth Management
Kansas
-$10.2M -193,704 Closed
IWM
50
IHT Wealth Management
Illinois
-$9.88M -187,942 Closed

QABA Hedge Fund Activity: Q1 2023 in Review

48 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q1 2023, worth a combined $52.1M — down 56% from $119M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of QABA and 8 opened new positions — a net loss of 15 holders — while 21 trimmed existing stakes and 9 added.

The largest buyer was Royal Bank of Canada, adding an estimated $4.54M. The largest seller was Morgan Stanley, cutting an estimated $13.1M.

  • 48 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q1 2023, down from 63 in Q4 2022.
  • Funds reported $52.1M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q1 2023, down 56% quarter-over-quarter.
  • 8 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q1 2023 and 23 closed out, a net change of -15 holders.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q1 2023 was Royal Bank of Canada, an estimated $4.54M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q1 2023 was Morgan Stanley, an estimated $13.1M sold.

Based on aggregated 13F filings for Q1 2023.