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First Trust NASDAQ ABA Community Bank Index Fund

48 hedge funds and large institutions have $52.1M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 21 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

19.01% less ownership

Funds ownership: 68.74%49.73% (-19%)

24% less funds holding

Funds holding: 6348 (-15)

56% less capital invested

Capital invested by funds: $119M → $52.1M (-$67.2M)

57% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 21

65% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 23

Holders
48
Holders Change
-15
Holders Change %
-23.81%
% of All Funds
0.76%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
9
Reduced
21
Closed
23
Calls
$1.14M
Puts
Net Calls
+$1.14M
Net Calls Change
+$829K
Name Holding Trade Value Shares
Change
Change in
Stake
WAP
51
Wealthcare Advisory Partners
Pennsylvania
-$5.96M -113,334 Closed
PAG
52
Private Advisor Group
New Jersey
-$1.62K -30,838 Closed
Ameriprise
53
Ameriprise
Minnesota
-$674K -12,821 Closed
IA
54
IFG Advisory
Georgia
-$593K -11,292 Closed
LS
55
Leelyn Smith
Illinois
-$501K -9,527 Closed
Stifel Financial
56
Stifel Financial
Missouri
-$493K -9,375 Closed
BIP
57
Blueprint Investment Partners
North Carolina
-$447K -8,494 Closed
PFS
58
Prospera Financial Services
Texas
-$308K -5,864 Closed
CAN
59
Cetera Advisor Networks
California
-$276K -5,244 Closed
9WM
60
9258 Wealth Management
Ohio
-$256K -4,863 Closed
PPWM
61
Paragon Private Wealth Management
Kentucky
-$226K -4,299 Closed
PIA
62
Perennial Investment Advisors
California
-$209K -3,979 Closed
Rockefeller Capital Management
63
Rockefeller Capital Management
New York
-$49K -933 Closed
IA
64
IFP Advisors
Florida
-$51K -895 Closed
LSA
65
Lansing Street Advisors
Pennsylvania
-$46.2K -878 Closed
MCC
66
Money Concepts Capital
Florida
-$45.6K -868 Closed
CFGS
67
Concourse Financial Group Securities
Alabama
-$36.8K -723 Closed
SPIA
68
Steward Partners Investment Advisory
New York
-$15.8K -300 Closed
MWM
69
MinichMacGregor Wealth Management
New York
-$3.05K -58 Closed
AWM
70
Accurate Wealth Management
Florida
-$581 -11 Closed
Fidelity Investments
71
Fidelity Investments
Massachusetts
-$53 -1 Closed

QABA Hedge Fund Activity: Q1 2023 in Review

48 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q1 2023, worth a combined $52.1M — down 56% from $119M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of QABA and 8 opened new positions — a net loss of 15 holders — while 21 trimmed existing stakes and 9 added.

The largest buyer was Royal Bank of Canada, adding an estimated $4.54M. The largest seller was Morgan Stanley, cutting an estimated $13.1M.

  • 48 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q1 2023, down from 63 in Q4 2022.
  • Funds reported $52.1M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q1 2023, down 56% quarter-over-quarter.
  • 8 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q1 2023 and 23 closed out, a net change of -15 holders.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q1 2023 was Royal Bank of Canada, an estimated $4.54M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q1 2023 was Morgan Stanley, an estimated $13.1M sold.

Based on aggregated 13F filings for Q1 2023.