First Trust NASDAQ ABA Community Bank Index Fund
QABA
83 hedge funds and large institutions have $200M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 31 increasing their positions, 24 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
29% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 24
9% more funds holding
Funds holding: 76 → 83 (+7)
3.43% less ownership
Funds ownership: 56.03% → 52.59% (-3.4%)
7% less capital invested
Capital invested by funds: $215M → $200M (-$15.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PVG Asset Management
Golden,
Colorado
|
+$2.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.79M |
| 3 |
Goldman Sachs
New York
|
+$1.78M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$856K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$830K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$10.1M |
| 2 |
Morgan Stanley
New York
|
-$8.38M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.41M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.31M |
QABA Hedge Fund Activity: Q2 2017 in Review
83 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q2 2017, worth a combined $200M — down 7.3% from $215M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new QABA positions and 9 closed out — a net gain of 8 holders — while 31 added to existing stakes and 24 trimmed.
The largest buyer was PVG Asset Management, opening a new position worth an estimated $2.6M. The largest seller was Bank of America, cutting an estimated $10.1M.
- 83 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q2 2017, up from 76 in Q1 2017.
- Funds reported $200M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q2 2017, down 7.3% quarter-over-quarter.
- 17 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q2 2017 and 9 closed out, a net change of +8 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q2 2017 was PVG Asset Management, an estimated $2.6M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q2 2017 was Bank of America, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2017.