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First Trust NASDAQ ABA Community Bank Index Fund
QABA

76 hedge funds and large institutions have $168M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 29 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

2.26% less ownership

Funds ownership: 52.59% → 50.33% (-2.3%)

8% less funds holding

Funds holding: 83 → 76 (-7)

16% less capital invested

Capital invested by funds: $200M → $168M (-$31.3M)

24% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 29

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

Holders
76
Holders Change
-7
Holders Change %
-8.43%
% of All Funds
1.89%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
8
Increased
22
Reduced
29
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$2.36M
2
TRCT
Tower Research Capital (TRC)
New York
+$1.51M
3
VF
Virtu Financial
New York
+$1.45M
4
TSS
Two Sigma Securities
New York
+$887K
5
Citadel Advisors
Citadel Advisors
Florida
+$361K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$11.3M
2
RJA
Raymond James & Associates
Florida
-$6.59M
3
Bank of America
Bank of America
North Carolina
-$5.17M
4
UBS Group
UBS Group
Switzerland
-$4.27M
5
PAM
PVG Asset Management
Colorado
-$2.64M
Name Holding Trade Value Shares
Change 		Change in
Stake
Manulife (Manufacturers Life Insurance)
51
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$232K +$29.5K +596 +16%
LFAS
52
Level Four Advisory Services
Texas
$204K +$192K +3,873 New
VFA
53
Voya Financial Advisors
Connecticut
$201K +$189K +3,819 New
SEI Investments
54
SEI Investments
Pennsylvania
$198K – – –
SFM
55
Signet Financial Management
New Jersey
$177K +$32.9K +665 +25%
AA
56
AlphaMark Advisors
Kentucky
$155K -$4.95K -100 -3%
JCM
57
Jacobi Capital Management
Pennsylvania
$150K +$23.1K +466 +20%
PNC Financial Services Group
58
PNC Financial Services Group
Pennsylvania
$146K +$396 +8 +0.3%
Citigroup
59
Citigroup
New York
$92K -$9.21K -186 -10%
GWM
60
Geneos Wealth Management
Colorado
$91K – – –
PAI
61
Pittenger & Anderson Inc
Nebraska
$53K – – –
Northwestern Mutual Wealth Management
62
Northwestern Mutual Wealth Management
Wisconsin
$40K +$6.29K +127 +20%
NFG
63
Next Financial Group
Texas
$31K -$22.3K -450 -43%
Envestnet Asset Management
64
Envestnet Asset Management
Illinois
$30K -$14.7K -297 -34%
EWM
65
Edge Wealth Management
New York
$27K – – –
BWA
66
BDO Wealth Advisors
Florida
$21K – – –
GRP
67
Global Retirement Partners
California
$13K +$12.3K +248 New
JP Morgan Chase
68
JP Morgan Chase
New York
$11K – – –
SPIA
69
Steward Partners Investment Advisory
New York
$10K – – –
US Bancorp
70
US Bancorp
Minnesota
$8K – – –
CAPTRUST Financial Advisors
71
CAPTRUST Financial Advisors
North Carolina
$8K +$7.43K +150 New
WIM
72
Westside Investment Management
California
$5.29K – – –
Fifth Third Bancorp
73
Fifth Third Bancorp
Ohio
$2K – – –
MA
74
MCF Advisors
Kentucky
$2K – – –
SBL
75
Sargent Bickham Lagudis
Colorado
$1K – – –
1 2
3
4

QABA Hedge Fund Activity: Q3 2017 in Review

76 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 Q3 2017, worth a combined $168M — down 16% from $200M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of QABA and 8 opened new positions — a net loss of 5 holders — while 29 trimmed existing stakes and 22 added.

The largest buyer was Jane Street, adding an estimated $2.36M. The largest seller was Morgan Stanley, cutting an estimated $11.3M.

  • 76 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q3 2017, down from 83 in Q2 2017.
  • Funds reported $168M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q3 2017, down 16% quarter-over-quarter.
  • 8 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q3 2017 and 13 closed out, a net change of -5 holders.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q3 2017 was Jane Street, an estimated $2.36M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q3 2017 was Morgan Stanley, an estimated $11.3M sold.

Based on aggregated 13F filings for Q3 2017.