First Trust NASDAQ ABA Community Bank Index Fund
QABA
28 hedge funds and large institutions have $22.1M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 6 closing their positions.
4.15% less ownership
Funds ownership: 41.29% → 37.14% (-4.1%)
7% less funds holding
Funds holding: 30 → 28 (-2)
25% less capital invested
Capital invested by funds: $29.4M → $22.1M (-$7.29M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$325K |
| 2 |
LPL Financial
San Diego,
California
|
+$291K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$105K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$77.6K |
| 5 |
SFM
Signet Financial Management
Parsippany,
New Jersey
|
+$35.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.71M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$916K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$568K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$374K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Qube Research & Technologies (QRT)
London,
United Kingdom
| $6.12K | +$6.53K | +154 | New |
|
|
NS
27
NBC Securities
Birmingham,
Alabama
| $4K | +$4.58K | +108 | New |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $127 | +$127 | +3 | New |
|
|
29
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$374K | -9,462 | Closed |
|
|
FTUS
30
Flow Traders U.S.
New York
| – | -$244K | -6,178 | Closed |
|
|
FCA
31
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$106K | -2,020 | Closed |
|
|
IGWM
32
ICA Group Wealth Management
Denver,
Colorado
| – | -$65.7K | -1,661 | Closed |
|
|
CSPIA
33
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$15.4K | -390 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$672 | -17 | Closed |
|
QABA Hedge Fund Activity: Q3 2023 in Review
28 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q3 2023, worth a combined $22.1M — down 25% from $29.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of QABA and 4 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 6 added.
The largest buyer was Integrated Wealth Concepts, opening a new position worth an estimated $325K. The largest seller was Royal Bank of Canada, cutting an estimated $3.9M.
- 28 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q3 2023, down from 30 in Q2 2023.
- Funds reported $22.1M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q3 2023, down 25% quarter-over-quarter.
- 4 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q3 2023 and 6 closed out, a net change of -2 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q3 2023 was Integrated Wealth Concepts, an estimated $325K added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q3 2023 was Royal Bank of Canada, an estimated $3.9M sold.
Based on aggregated 13F filings for Q3 2023.