First Trust NASDAQ ABA Community Bank Index Fund
QABA
48 hedge funds and large institutions have $85M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2024 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
17% more funds holding
Funds holding: 41 → 48 (+7)
16% more capital invested
Capital invested by funds: $73.6M → $85M (+$11.4M)
0.88% more ownership
Funds ownership: 68.71% → 69.59% (+0.88%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.02M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.82M |
| 3 |
Morgan Stanley
New York
|
+$2.16M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.07M |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.47M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.84M |
| 3 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$1.43M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$951K |
| 5 |
VF
Virtu Financial
New York
|
-$797K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IAIM
51
International Assets Investment Management
Orlando,
Florida
| – | -$310 | -16,395 | Closed |
|
|
VF
52
Virtu Financial
New York
| – | -$797K | -15,079 | Closed |
|
53
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$12.2K | -230 | Closed |
|
|
NS
54
NBC Securities
Birmingham,
Alabama
| – | -$2K | -44 | Closed |
|
QABA Hedge Fund Activity: Q4 2024 in Review
48 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q4 2024, worth a combined $85M — up 16% from $73.6M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new QABA positions and 6 closed out — a net gain of 9 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Wells Fargo, adding an estimated $4.02M. The largest seller was Royal Bank of Canada, cutting an estimated $2.47M.
- 48 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q4 2024, up from 41 in Q3 2024.
- Funds reported $85M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q4 2024, up 16% quarter-over-quarter.
- 15 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q4 2024 and 6 closed out, a net change of +9 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q4 2024 was Wells Fargo, an estimated $4.02M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q4 2024 was Royal Bank of Canada, an estimated $2.47M sold.
Based on aggregated 13F filings for Q4 2024.