First Trust NASDAQ ABA Community Bank Index Fund
QABA
50 hedge funds and large institutions have $92.5M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 21 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2% more funds holding
Funds holding: 49 → 50 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less capital invested
Capital invested by funds: $104M → $92.5M (-$11.4M)
29% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$2.63M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.33M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$343K |
| 4 |
SCA
Snowden Capital Advisors
New York
|
+$308K |
| 5 |
SG Americas Securities
New York
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ST
Spinnaker Trust
Portland,
Maine
|
-$3.53M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.66M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.18M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$2.13M |
| 5 |
SCM
SkyTop Capital Management
Rutherford,
New Jersey
|
-$1.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Jane Street
New York
| – | -$1.53M | -41,739 | Closed |
|
|
IH
52
IFC Holdings
Tampa,
Florida
| – | -$356K | -9,753 | Closed |
|
|
AIG
53
American International Group
New York
| – | -$229K | -6,240 | Closed |
|
|
MWP
54
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | -$55K | -1,500 | Closed |
|
|
BFEC
55
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$16K | -444 | Closed |
|
|
M
56
MOTCO
San Antonio,
Texas
| – | -$12K | -333 | Closed |
|
|
GT
57
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$1K | -38 | Closed |
|
|
SIM
58
Sonora Investment Management
Tucson,
Arizona
| – | -$890 | -23 | Closed |
|
QABA Hedge Fund Activity: Q2 2016 in Review
50 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q2 2016, worth a combined $92.5M — down 11% from $104M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new QABA positions and 9 closed out — a net gain of 1 holder — while 15 added to existing stakes and 21 trimmed.
The largest buyer was Sigma Planning Corp, opening a new position worth an estimated $2.63M. The largest seller was Spinnaker Trust, cutting an estimated $3.53M.
- 50 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q2 2016, up from 49 in Q1 2016.
- Funds reported $92.5M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q2 2016, down 11% quarter-over-quarter.
- 10 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q2 2016 and 9 closed out, a net change of +1 holder.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q2 2016 was Sigma Planning Corp, an estimated $2.63M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q2 2016 was Spinnaker Trust, an estimated $3.53M sold.
Based on aggregated 13F filings for Q2 2016.