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First Trust NASDAQ ABA Community Bank Index Fund

73 hedge funds and large institutions have $81.4M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 32 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.99% less ownership

Funds ownership: 45.4%40.41% (-5%)

10% less funds holding

Funds holding: 8173 (-8)

25% less capital invested

Capital invested by funds: $109M → $81.4M (-$27.2M)

44% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 32

58% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 12

Holders
73
Holders Change
-8
Holders Change %
-9.88%
% of All Funds
1.58%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
18
Reduced
32
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AA
51
Advisory Alpha
Michigan
$73.6K +$71.9K +1,500 New
FHA
52
Flagship Harbor Advisors
Massachusetts
$60K -$3.11K -65 -5%
PNC Financial Services Group
53
PNC Financial Services Group
Pennsylvania
$60K +$192 +4 +0.3%
GCA
54
Genesee Capital Advisors
New York
$45K +$46.8K +978 New
ST
55
Somerset Trust
Pennsylvania
$41K +$27K +563 +173%
ASN
56
Advisory Services Network
Georgia
$38K
IBOK
57
Independence Bank of Kentucky
Kentucky
$32K
ACM
58
Aviance Capital Management
Florida
$31K -$7.57K -158 -19%
RCAG
59
Rehmann Capital Advisory Group
Michigan
$29.1K +$96 +2 +0.3%
OIA
60
Optimum Investment Advisors
Illinois
$28K
CWA
61
Clarus Wealth Advisors
Arizona
$23K
PAI
62
Pittenger & Anderson Inc
Nebraska
$23K
GRP
63
Global Retirement Partners
California
$22K +$96 +2 +0.4%
BCI
64
Brinker Capital Investments
Pennsylvania
$15K
HCM
65
Hilton Capital Management
New York
$8K -$8.38K -175 Closed
Citigroup
66
Citigroup
New York
$8K -$2.59K -54 -24%
NWM
67
Northwest Wealth Management
Iowa
$8K
APC
68
Aspire Private Capital
North Carolina
$6K
SFA
69
Semmax Financial Advisors
North Carolina
$5K
VFA
70
Valeo Financial Advisors
Indiana
$5K
US Bancorp
71
US Bancorp
Minnesota
$2K
IA
72
IFP Advisors
Florida
$1K -$331K -6,912 -99%
SCM
73
SkyTop Capital Management
New Jersey
-$2.02M -46,992 Closed
TW
74
TrinityPoint Wealth
Connecticut
-$891K -20,675 Closed
FAAS
75
First Allied Advisory Services
California
-$647K -15,029 Closed

QABA Hedge Fund Activity: Q1 2019 in Review

73 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q1 2019, worth a combined $81.4M — down 25% from $109M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of QABA and 5 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 18 added.

The largest buyer was Royal Bank of Canada, adding an estimated $1.25M. The largest seller was Ameriprise, cutting an estimated $8.48M.

  • 73 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q1 2019, down from 81 in Q4 2018.
  • Funds reported $81.4M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q1 2019, down 25% quarter-over-quarter.
  • 5 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q1 2019 and 12 closed out, a net change of -7 holders.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q1 2019 was Royal Bank of Canada, an estimated $1.25M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q1 2019 was Ameriprise, an estimated $8.48M sold.

Based on aggregated 13F filings for Q1 2019.