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First Trust NASDAQ ABA Community Bank Index Fund

72 hedge funds and large institutions have $148M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.43% less ownership

Funds ownership: 49.71%47.28% (-2.4%)

3% less funds holding

Funds holding: 7472 (-2)

9% less capital invested

Capital invested by funds: $162M → $148M (-$13.8M)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

19% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 26

Holders
72
Holders Change
-2
Holders Change %
-2.7%
% of All Funds
1.65%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
21
Reduced
26
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
51
PNC Financial Services Group
Pennsylvania
$104K -$14.1K -261 -12%
Citigroup
52
Citigroup
New York
$93K +$11.1K +205 +13%
GWM
53
Geneos Wealth Management
Colorado
$92K
Northwestern Mutual Wealth Management
54
Northwestern Mutual Wealth Management
Wisconsin
$73K +$162 +3 +0.2%
ASN
55
Advisory Services Network
Georgia
$43K
RCAG
56
Rehmann Capital Advisory Group
Michigan
$39K +$39.6K +731 New
IBOK
57
Independence Bank of Kentucky
Kentucky
$37K
OIA
58
Optimum Investment Advisors
Illinois
$32K +$32.5K +600 New
PAI
59
Pittenger & Anderson Inc
Nebraska
$26K
GRP
60
Global Retirement Partners
California
$25K +$5.09K +94 +25%
Envestnet Asset Management
61
Envestnet Asset Management
Illinois
$13K -$4.28K -79 -24%
US Bancorp
62
US Bancorp
Minnesota
$12K
JP Morgan Chase
63
JP Morgan Chase
New York
$11K
WDL
64
Well Done LLC
Michigan
$11K +$11.4K +210 New
SPIA
65
Steward Partners Investment Advisory
New York
$10K
CAPTRUST Financial Advisors
66
CAPTRUST Financial Advisors
North Carolina
$8K +$8.12K +150 New
WIM
67
Westside Investment Management
California
$5.24K
VFA
68
Valeo Financial Advisors
Indiana
$5K
PA
69
Parallel Advisors
California
$4K +$4K +74 New
Fifth Third Bancorp
70
Fifth Third Bancorp
Ohio
$2K
MA
71
MCF Advisors
Kentucky
$2K
CS
72
Credit Suisse
Switzerland
-$1.71M -32,599 Closed
RIL
73
Rothschild Investment LLC
Illinois
-$498K -9,495 Closed
SB
74
Suntrust Banks
Georgia
-$451K -8,549 Closed
UWM
75
USAdvisors Wealth Management
Minnesota
-$227K -4,329 Closed

QABA Hedge Fund Activity: Q1 2018 in Review

72 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q1 2018, worth a combined $148M — down 8.6% from $162M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of QABA and 7 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 21 added.

The largest buyer was Wells Fargo, adding an estimated $2.59M. The largest seller was Morgan Stanley, cutting an estimated $7.59M.

  • 72 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q1 2018, down from 74 in Q4 2017.
  • Funds reported $148M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q1 2018, down 8.6% quarter-over-quarter.
  • 7 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q1 2018 and 8 closed out, a net change of -1 holder.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q1 2018 was Wells Fargo, an estimated $2.59M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q1 2018 was Morgan Stanley, an estimated $7.59M sold.

Based on aggregated 13F filings for Q1 2018.