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First Trust NASDAQ ABA Community Bank Index Fund
QABA

83 hedge funds and large institutions have $200M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 31 increasing their positions, 24 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 9

29% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 24

9% more funds holding

Funds holding: 76 → 83 (+7)

3.43% less ownership

Funds ownership: 56.03% → 52.59% (-3.4%)

7% less capital invested

Capital invested by funds: $215M → $200M (-$15.7M)

Holders
83
Holders Change
+7
Holders Change %
+9.21%
% of All Funds
2.07%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
31
Reduced
24
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PAM
PVG Asset Management
Colorado
+$2.6M
2
Ameriprise
Ameriprise
Minnesota
+$1.79M
3
Goldman Sachs
Goldman Sachs
New York
+$1.78M
4
Wells Fargo
Wells Fargo
California
+$856K
5
RJFSA
Raymond James Financial Services Advisors
Florida
+$830K

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$10.1M
2
Morgan Stanley
Morgan Stanley
New York
-$8.38M
3
UBS Group
UBS Group
Switzerland
-$2.2M
4
Citadel Advisors
Citadel Advisors
Florida
-$1.41M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.31M
Name Holding Trade Value Shares
Change 		Change in
Stake
SPIA
76
Steward Partners Investment Advisory
New York
$9K – – –
US Bancorp
77
US Bancorp
Minnesota
$8K -$1.79K -36 -19%
WIM
78
Westside Investment Management
California
$5.08K +$4.99K +100 New
Fifth Third Bancorp
79
Fifth Third Bancorp
Ohio
$2K +$1.89K +38 New
MA
80
MCF Advisors
Kentucky
$2K +$1.94K +39 New
First Manhattan
81
First Manhattan
New York
$2K +$2.74K +55 New
SBL
82
Sargent Bickham Lagudis
Colorado
$1K +$1.15K +23 New
CPC
83
Cookson Peirce & Co
Pennsylvania
– -$801K -15,830 Closed
FHA
84
Flagship Harbor Advisors
Massachusetts
– -$525K -10,622 Closed
VFA
85
Voya Financial Advisors
Connecticut
– -$342K -6,909 Closed
NPC
86
National Planning Corporation
California
– -$334K -6,684 Closed
IAA
87
Independent Advisor Alliance
North Carolina
– -$279K -5,692 Closed
PS
88
Portfolio Solutions
Michigan
– -$10K -202 Closed
CG
89
Cutler Group
California
– -$10K -200 Closed
ST
90
Somerset Trust
Pennsylvania
– -$5K -100 Closed
PFGIA
91
Patriot Financial Group Insurance Agency
Massachusetts
– -$4K -81 Closed
1 2 3
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QABA Hedge Fund Activity: Q2 2017 in Review

83 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q2 2017, worth a combined $200M — down 7.3% from $215M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new QABA positions and 9 closed out — a net gain of 8 holders — while 31 added to existing stakes and 24 trimmed.

The largest buyer was PVG Asset Management, opening a new position worth an estimated $2.6M. The largest seller was Bank of America, cutting an estimated $10.1M.

  • 83 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q2 2017, up from 76 in Q1 2017.
  • Funds reported $200M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q2 2017, down 7.3% quarter-over-quarter.
  • 17 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q2 2017 and 9 closed out, a net change of +8 holders.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q2 2017 was PVG Asset Management, an estimated $2.6M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q2 2017 was Bank of America, an estimated $10.1M sold.

Based on aggregated 13F filings for Q2 2017.