First Trust NASDAQ ABA Community Bank Index Fund
QABA
44 hedge funds and large institutions have $26.5M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 21 reducing their positions, and 16 closing their positions.
2.65% less ownership
Funds ownership: 35.81% → 33.16% (-2.7%)
27% less funds holding
Funds holding: 60 → 44 (-16)
48% less capital invested
Capital invested by funds: $51M → $26.5M (-$24.5M)
52% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 21
81% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.83M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$939K |
| 3 |
Jane Street
New York
|
+$799K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$779K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$25.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.33M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.2M |
| 3 |
GLLW
Graves Light Lenhart Wealth
Harrisonburg,
Virginia
|
-$1.61M |
| 4 |
LPL Financial
San Diego,
California
|
-$883K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$447K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAAS
51
Capital Asset Advisory Services
Williamston,
Michigan
| – | -$253K | -5,065 | Closed |
|
|
IAA
52
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$254K | -4,909 | Closed |
|
53
HighTower Advisors
Chicago,
Illinois
| – | -$250K | -4,823 | Closed |
|
|
GWM
54
Greenwich Wealth Management
Greenwich,
Connecticut
| – | -$206K | -3,982 | Closed |
|
|
OIA
55
Optimum Investment Advisors
Chicago,
Illinois
| – | -$31K | -600 | Closed |
|
|
PAI
56
Pittenger & Anderson Inc
Lincoin,
Nebraska
| – | -$26K | -500 | Closed |
|
|
BCI
57
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$17K | -325 | Closed |
|
|
APA
58
American Portfolios Advisors
Holbrook,
New York
| – | -$15.5K | -300 | Closed |
|
|
SIS
59
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$1K | -20 | Closed |
|
QABA Hedge Fund Activity: Q1 2020 in Review
44 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q1 2020, worth a combined $26.5M — down 48% from $51M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of QABA and 3 opened new positions — a net loss of 13 holders — while 21 trimmed existing stakes and 10 added.
The largest buyer was Susquehanna International Group, adding an estimated $3.83M. The largest seller was Morgan Stanley, cutting an estimated $4.33M.
- 44 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q1 2020, down from 60 in Q4 2019.
- Funds reported $26.5M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q1 2020, down 48% quarter-over-quarter.
- 3 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q1 2020 and 16 closed out, a net change of -13 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q1 2020 was Susquehanna International Group, an estimated $3.83M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q1 2020 was Morgan Stanley, an estimated $4.33M sold.
Based on aggregated 13F filings for Q1 2020.