First Trust NASDAQ ABA Community Bank Index Fund
QABA
53 hedge funds and large institutions have $155M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2015 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 4 reducing their positions, and 3 closing their positions.
625% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 4
400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 3
120% more capital invested
Capital invested by funds: $70.8M → $155M (+$84.6M)
29% more funds holding
Funds holding: 41 → 53 (+12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$38.2M |
| 2 |
LPL Financial
San Diego,
California
|
+$8.31M |
| 3 |
SCM
SkyTop Capital Management
Rutherford,
New Jersey
|
+$7.3M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$7.03M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$1.47M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$612K |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$554K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$25.1K |
| 5 |
M
MOTCO
San Antonio,
Texas
|
-$13.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIA
51
Allegis Investment Advisors
Idaho Falls,
Idaho
| $6K | +$6.08K | +152 | New |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $77 | +$79.4K | +1,986 | New |
|
|
VKH
53
Virtu KCG Holdings
New York
| – | -$1.47M | -38,500 | Closed |
|
|
54
BNP Paribas Financial Markets
Paris,
France
| – | -$612K | -15,991 | Closed |
|
55
SEI Investments
Oaks,
Pennsylvania
| – | -$7K | -172 | Closed |
|
QABA Hedge Fund Activity: Q4 2015 in Review
53 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q4 2015, worth a combined $155M — up 120% from $70.8M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new QABA positions and 3 closed out — a net gain of 12 holders — while 29 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $38.2M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $1.47M sold.
- 53 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q4 2015, up from 41 in Q3 2015.
- Funds reported $155M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q4 2015, up 120% quarter-over-quarter.
- 15 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q4 2015 and 3 closed out, a net change of +12 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q4 2015 was Morgan Stanley, an estimated $38.2M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q4 2015 was Virtu KCG Holdings, an estimated $1.47M sold.
Based on aggregated 13F filings for Q4 2015.