First Trust NASDAQ ABA Community Bank Index Fund
QABA
51 hedge funds and large institutions have $70.8M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2021 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
88% more capital invested
Capital invested by funds: $37.7M → $70.8M (+$33.1M)
28% more funds holding
Funds holding: 40 → 51 (+11)
9.87% more ownership
Funds ownership: 44.33% → 54.2% (+9.9%)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.49M |
| 2 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
+$4.42M |
| 3 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$3.09M |
| 4 |
Morgan Stanley
New York
|
+$2.9M |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$1.43M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.27M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$824K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$692K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$241K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
HighTower Advisors
Chicago,
Illinois
| – | -$1.43M | -31,761 | Closed |
|
|
SS
52
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$222K | -4,949 | Closed |
|
|
CAAS
53
Capital Asset Advisory Services
Williamston,
Michigan
| – | -$160K | -3,577 | Closed |
|
54
Fidelity Investments
Boston,
Massachusetts
| – | +$53 | +1 | New |
|
QABA Hedge Fund Activity: Q1 2021 in Review
51 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q1 2021, worth a combined $70.8M — up 88% from $37.7M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new QABA positions and 4 closed out — a net gain of 12 holders — while 12 added to existing stakes and 12 trimmed.
The largest buyer was UBS Group, adding an estimated $4.49M. The largest seller was HighTower Advisors, exiting entirely with an estimated $1.43M sold.
- 51 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q1 2021, up from 40 in Q4 2020.
- Funds reported $70.8M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q1 2021, up 88% quarter-over-quarter.
- 16 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q1 2021 and 4 closed out, a net change of +12 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q1 2021 was UBS Group, an estimated $4.49M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q1 2021 was HighTower Advisors, an estimated $1.43M sold.
Based on aggregated 13F filings for Q1 2021.