First Trust NASDAQ ABA Community Bank Index Fund
QABA
48 hedge funds and large institutions have $57.6M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 12 closing their positions.
8.14% less ownership
Funds ownership: 54.59% → 46.46% (-8.1%)
13% less funds holding
Funds holding: 55 → 48 (-7)
25% less capital invested
Capital invested by funds: $77M → $57.6M (-$19.4M)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.15M |
| 2 |
LPL Financial
San Diego,
California
|
+$803K |
| 3 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$739K |
| 4 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$268K |
| 5 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$212K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.83M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$2.48M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$2.26M |
| 4 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$2.05M |
| 5 |
PWS
Precision Wealth Strategies
Saint Louis,
Missouri
|
-$1.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAN
51
Cetera Advisor Networks
El Segundo,
California
| – | -$727K | -13,157 | Closed |
|
|
AWM
52
AE Wealth Management
Topeka,
Kansas
| – | -$592K | -10,718 | Closed |
|
53
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$577K | -10,438 | Closed |
|
54
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$412K | -7,462 | Closed |
|
55
Stifel Financial
St. Louis,
Missouri
| – | -$351K | -6,347 | Closed |
|
56
Citigroup
New York
| – | -$243K | -4,400 | Closed |
|
|
IA
57
IFP Advisors
Tampa,
Florida
| – | -$10K | -189 | Closed |
|
|
BFEC
58
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$6K | -115 | Closed |
|
|
ASN
59
Advisory Services Network
Atlanta,
Georgia
| – | -$4K | -70 | Closed |
|
|
SPIA
60
Steward Partners Investment Advisory
New York
| – | -$3K | -52 | Closed |
|
QABA Hedge Fund Activity: Q3 2021 in Review
48 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q3 2021, worth a combined $57.6M — down 25% from $77M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of QABA and 5 opened new positions — a net loss of 7 holders — while 18 trimmed existing stakes and 12 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $1.15M. The largest seller was Morgan Stanley, cutting an estimated $7.83M.
- 48 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q3 2021, down from 55 in Q2 2021.
- Funds reported $57.6M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q3 2021, down 25% quarter-over-quarter.
- 5 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q3 2021 and 12 closed out, a net change of -7 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q3 2021 was Goldman Sachs, an estimated $1.15M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q3 2021 was Morgan Stanley, an estimated $7.83M sold.
Based on aggregated 13F filings for Q3 2021.