First Trust NASDAQ ABA Community Bank Index Fund
QABA
49 hedge funds and large institutions have $104M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 24 reducing their positions, and 13 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 53 → 49 (-4)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
33% less capital invested
Capital invested by funds: $155M → $104M (-$51.5M)
50% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.48M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.31M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$825K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$579K |
| 5 |
SCM
SkyTop Capital Management
Rutherford,
New Jersey
|
+$564K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.7M |
| 2 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$14.1M |
| 3 |
LPL Financial
San Diego,
California
|
-$4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
51
Barometer Capital Management
Toronto,
Ontario, Canada
| – | -$822K | -21,100 | Closed |
|
|
CPC
52
Cookson Peirce & Co
Pittsburgh,
Pennsylvania
| – | -$822K | -21,100 | Closed |
|
|
WDL
53
Well Done LLC
Holland,
Michigan
| – | -$521K | -13,377 | Closed |
|
|
CS
54
Credit Suisse
Zurich,
Switzerland
| – | -$461K | -11,836 | Closed |
|
|
FAAS
55
First Allied Advisory Services
San Diego,
California
| – | -$283K | -7,139 | Closed |
|
|
PGFC
56
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
| – | -$275K | -7,064 | Closed |
|
|
FAM
57
Formidable Asset Management
Cincinnati,
Ohio
| – | -$165K | -4,250 | Closed |
|
|
AIM
58
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$134K | -3,427 | Closed |
|
|
RAM
59
Riggs Asset Management
Dallas,
Pennsylvania
| – | -$71K | -1,831 | Closed |
|
60
Creative Planning
Overland Park,
Kansas
| – | -$21K | -534 | Closed |
|
|
AIA
61
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$6K | -152 | Closed |
|
QABA Hedge Fund Activity: Q1 2016 in Review
49 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q1 2016, worth a combined $104M — down 33% from $155M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of QABA and 9 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 12 added.
The largest buyer was Jane Street, opening a new position worth an estimated $1.48M. The largest seller was Morgan Stanley, cutting an estimated $16.7M.
- 49 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q1 2016, down from 53 in Q4 2015.
- Funds reported $104M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q1 2016, down 33% quarter-over-quarter.
- 9 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q1 2016 and 13 closed out, a net change of -4 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q1 2016 was Jane Street, an estimated $1.48M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q1 2016 was Morgan Stanley, an estimated $16.7M sold.
Based on aggregated 13F filings for Q1 2016.