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First Trust NASDAQ ABA Community Bank Index Fund
QABA

56 hedge funds and large institutions have $50M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 32 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.96% less ownership

Funds ownership: 37.61% → 33.65% (-4%)

8% less funds holding

Funds holding: 61 → 56 (-5)

25% less capital invested

Capital invested by funds: $66.8M → $50M (-$16.8M)

44% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 9

75% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 32

Holders
56
Holders Change
-5
Holders Change %
-8.2%
% of All Funds
1.23%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
8
Reduced
32
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
+$1.79M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$1.21M
3
AIC
Ameritas Investment Company
Nebraska
+$158K
4
LTFS
Ladenburg Thalmann Financial Services
Florida
+$39.8K
5
CAAS
Capital Asset Advisory Services
Michigan
+$29.9K

Top Sellers

Rank Fund Capital Flow
1
PAG
Private Advisor Group
New Jersey
-$5.18M
2
UBS Group
UBS Group
Switzerland
-$4.81M
3
OSNBOA
Old Second National Bank of Aurora
Illinois
-$1.64M
4
Morgan Stanley
Morgan Stanley
New York
-$1.08M
5
Bank of America
Bank of America
North Carolina
-$857K
Name Holding Trade Value Shares
Change 		Change in
Stake
PNC Financial Services Group
51
PNC Financial Services Group
Pennsylvania
$7K -$54K -1,143 -88%
WAP
52
Wealthcare Advisory Partners
Pennsylvania
$6K +$6.38K +135 New
FHA
53
Flagship Harbor Advisors
Massachusetts
$5K -$43.2K -914 -88%
Fidelity Investments
54
Fidelity Investments
Massachusetts
$5K -$3.69K -78 -44%
US Bancorp
55
US Bancorp
Minnesota
$2K – – –
CAN
56
Claraphi Advisory Network
United States
$2K +$1.89K +40 New
PAG
57
Private Advisor Group
New Jersey
– -$5.18M -107,983 Closed
OSNBOA
58
Old Second National Bank of Aurora
Illinois
– -$1.64M -34,132 Closed
MML Investors Services
59
MML Investors Services
Massachusetts
– -$496K -10,347 Closed
SS
60
Sunbelt Securities
Texas
– -$264K -5,506 Closed
CA
61
Cetera Advisors
Colorado
– -$203K -4,184 Closed
ZIG
62
Zurich Insurance Group
Switzerland
– -$88K -1,834 Closed
APC
63
Aspire Private Capital
North Carolina
– -$4K -88 Closed
TPWA
64
TRUE Private Wealth Advisors
Oregon
– -$2K -52 Closed
1 2
3

QABA Hedge Fund Activity: Q3 2019 in Review

56 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q3 2019, worth a combined $50M — down 25% from $66.8M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of QABA and 5 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 8 added.

The largest buyer was Citadel Advisors, adding an estimated $1.79M. The largest seller was Private Advisor Group, exiting entirely with an estimated $5.18M sold.

  • 56 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q3 2019, down from 61 in Q2 2019.
  • Funds reported $50M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q3 2019, down 25% quarter-over-quarter.
  • 5 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q3 2019 and 9 closed out, a net change of -4 holders.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q3 2019 was Citadel Advisors, an estimated $1.79M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q3 2019 was Private Advisor Group, an estimated $5.18M sold.

Based on aggregated 13F filings for Q3 2019.