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First Trust NASDAQ ABA Community Bank Index Fund

40 hedge funds and large institutions have $47M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

5% more funds holding

Funds holding: 3840 (+2)

10.06% less ownership

Funds ownership: 66.13%56.07% (-10%)

21% less capital invested

Capital invested by funds: $59.3M → $47M (-$12.3M)

38% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 13

Holders
40
Holders Change
+2
Holders Change %
+5.26%
% of All Funds
0.58%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
10
Increased
8
Reduced
13
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WFA
26
WMG Financial Advisors
Tennessee
$212K +$211K +4,556 New
HWA
27
HHM Wealth Advisors
Tennessee
$66.8K -$30.3K -655 -31%
IBOK
28
Independence Bank of Kentucky
Kentucky
$32.6K
IGWM
29
ICA Group Wealth Management
Colorado
$32.2K
PTC
30
Private Trust Company
Ohio
$27.2K +$3.01K +65 +13%
SA
31
SRH Advisors
Kansas
$21.4K
GRP
32
Global Retirement Partners
California
$17.3K +$93 +2 +0.5%
AA
33
AlphaMark Advisors
Kentucky
$17K
NA
34
NewEdge Advisors
Louisiana
$14.3K -$6.34K -137 -31%
RFA
35
Register Financial Advisors
Georgia
$14.3K +$14.2K +307 New
DF
36
Dunhill Financial
United Kingdom
$10.6K
Qube Research & Technologies (QRT)
37
Qube Research & Technologies (QRT)
United Kingdom
$7.17K
PS
38
Principal Securities
Iowa
$5.27K
NS
39
NBC Securities
Alabama
$2K
TRCT
40
Tower Research Capital (TRC)
New York
$93 +$93 +2 New
Stifel Financial
41
Stifel Financial
Missouri
-$748K -15,016 Closed
Janney Montgomery Scott
42
Janney Montgomery Scott
Pennsylvania
-$590K -11,833 Closed
Cambridge Investment Research Advisors
43
Cambridge Investment Research Advisors
Iowa
-$569K -11,412 Closed
JIP
44
Jaffetilchin Investment Partners
Florida
-$322K -6,457 Closed
RJA
45
Raymond James & Associates
Florida
-$209K -4,189 Closed
CAM
46
Creekmur Asset Management
Illinois
-$16.3K -327 Closed
ASN
47
Advisory Services Network
Georgia
-$8.42K -169 Closed
JP Morgan Chase
48
JP Morgan Chase
New York
-$3.19K -64 Closed

QABA Hedge Fund Activity: Q1 2024 in Review

40 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q1 2024, worth a combined $47M — down 21% from $59.3M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new QABA positions and 8 closed out — a net gain of 2 holders — while 8 added to existing stakes and 13 trimmed.

The largest buyer was Wells Fargo, adding an estimated $4.57M. The largest seller was Morgan Stanley, cutting an estimated $11.6M.

  • 40 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q1 2024, up from 38 in Q4 2023.
  • Funds reported $47M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q1 2024, down 21% quarter-over-quarter.
  • 10 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q1 2024 and 8 closed out, a net change of +2 holders.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q1 2024 was Wells Fargo, an estimated $4.57M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q1 2024 was Morgan Stanley, an estimated $11.6M sold.

Based on aggregated 13F filings for Q1 2024.