First Trust NASDAQ ABA Community Bank Index Fund
QABA
49 hedge funds and large institutions have $45.6M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 21 increasing their positions, 13 reducing their positions, and 9 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
2.29% less ownership
Funds ownership: 50.58% → 48.29% (-2.3%)
13% less funds holding
Funds holding: 56 → 49 (-7)
25% less capital invested
Capital invested by funds: $61M → $45.6M (-$15.4M)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.12M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.04M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$580K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$421K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
-$4.08M |
| 2 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$3.76M |
| 3 |
Morgan Stanley
New York
|
-$3.53M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.05M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$826K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Envestnet Asset Management
Chicago,
Illinois
| – | -$441K | -7,857 | Closed |
|
|
PIA
52
Perennial Investment Advisors
Los Angeles,
California
| – | -$329K | -5,812 | Closed |
|
|
WDL
53
Well Done LLC
Holland,
Michigan
| – | -$246K | -4,374 | Closed |
|
|
KAS
54
Kestra Advisory Services
Austin,
Texas
| – | -$245K | -4,357 | Closed |
|
55
Stifel Financial
St. Louis,
Missouri
| – | -$211K | -3,758 | Closed |
|
|
MCC
56
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$49K | -875 | Closed |
|
57
Koshinski Asset Management
Decatur,
Illinois
| – | -$15.2K | -270 | Closed |
|
QABA Hedge Fund Activity: Q2 2022 in Review
49 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q2 2022, worth a combined $45.6M — down 25% from $61M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of QABA and 2 opened new positions — a net loss of 7 holders — while 13 trimmed existing stakes and 21 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2.12M. The largest seller was Csenge Advisory Group, cutting an estimated $4.08M.
- 49 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q2 2022, down from 56 in Q1 2022.
- Funds reported $45.6M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q2 2022, down 25% quarter-over-quarter.
- 2 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q2 2022 and 9 closed out, a net change of -7 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q2 2022 was Royal Bank of Canada, an estimated $2.12M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q2 2022 was Csenge Advisory Group, an estimated $4.08M sold.
Based on aggregated 13F filings for Q2 2022.