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First Trust NASDAQ ABA Community Bank Index Fund

76 hedge funds and large institutions have $215M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 9 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

322% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 9

92% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 12

15% more funds holding

Funds holding: 6676 (+10)

14.97% less ownership

Funds ownership: 71%56.03% (-15%)

24% less capital invested

Capital invested by funds: $285M → $215M (-$69.4M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
76
Holders Change
+10
Holders Change %
+15.15%
% of All Funds
1.89%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
23
Increased
38
Reduced
9
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
IH
51
IFC Holdings
Florida
$247K +$252K +4,857 New
Cetera Investment Advisers
52
Cetera Investment Advisers
Illinois
$243K +$249K +4,800 New
SWP
53
Stratos Wealth Partners
Ohio
$232K +$238K +4,584 New
AFP
54
Ausdal Financial Partners
Iowa
$229K +$235K +4,522 New
BTS
55
BB&T Securities
Virginia
$222K +$228K +4,400 New
Manulife (Manufacturers Life Insurance)
56
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$188K +$13.9K +267 +8%
AA
57
AlphaMark Advisors
Kentucky
$154K +$8.56K +165 +6%
Envestnet Asset Management
58
Envestnet Asset Management
Illinois
$149K -$37.8M -727,763 -100%
Citigroup
59
Citigroup
New York
$135K +$28K +539 +25%
DADC
60
D.A. Davidson & Co
Montana
$125K +$61.5K +1,185 +92%
PNC Financial Services Group
61
PNC Financial Services Group
Pennsylvania
$117K +$58.2K +1,122 +94%
GWM
62
Geneos Wealth Management
Colorado
$87K +$15.6K +300 +21%
PAI
63
Pittenger & Anderson Inc
Nebraska
$51K
NFG
64
Next Financial Group
Texas
$29K -$155K -2,987 -84%
WA
65
WFG Advisors
Texas
$28K -$9.91K -191 -25%
EWM
66
Edge Wealth Management
New York
$26K
FANJ
67
Financial Architects (New Jersey)
New Jersey
$25K
LWM
68
LBA Wealth Management
Florida
$21K
Creative Planning
69
Creative Planning
Kansas
$15K +$15.6K +300 New
US Bancorp
70
US Bancorp
Minnesota
$10K +$882 +17 +10%
CG
71
Cutler Group
California
$10K +$10.4K +200 New
PS
72
Portfolio Solutions
Michigan
$10K +$10.5K +202 New
SPIA
73
Steward Partners Investment Advisory
New York
$9K +$10.1K +195 New
ST
74
Somerset Trust
Pennsylvania
$5K +$5.19K +100 New
PFGIA
75
Patriot Financial Group Insurance Agency
Massachusetts
$4K +$4.2K +81 New

QABA Hedge Fund Activity: Q1 2017 in Review

76 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q1 2017, worth a combined $215M — down 24% from $285M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new QABA positions and 12 closed out — a net gain of 11 holders — while 38 added to existing stakes and 9 trimmed.

The largest buyer was Bank of America, adding an estimated $10M. The largest seller was Envestnet Asset Management, cutting an estimated $37.8M.

  • 76 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q1 2017, up from 66 in Q4 2016.
  • Funds reported $215M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q1 2017, down 24% quarter-over-quarter.
  • 23 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q1 2017 and 12 closed out, a net change of +11 holders.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q1 2017 was Bank of America, an estimated $10M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q1 2017 was Envestnet Asset Management, an estimated $37.8M sold.

Based on aggregated 13F filings for Q1 2017.