First Trust NASDAQ ABA Community Bank Index Fund
QABA
76 hedge funds and large institutions have $168M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 29 reducing their positions, and 13 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.26% less ownership
Funds ownership: 52.59% → 50.33% (-2.3%)
8% less funds holding
Funds holding: 83 → 76 (-7)
16% less capital invested
Capital invested by funds: $200M → $168M (-$31.3M)
24% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 29
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.36M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.51M |
| 3 |
VF
Virtu Financial
New York
|
+$1.45M |
| 4 |
TSS
Two Sigma Securities
New York
|
+$887K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$361K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$11.3M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.59M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.17M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$4.27M |
| 5 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$2.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
76
PVG Asset Management
Golden,
Colorado
| – | -$2.64M | -52,185 | Closed |
|
77
Goldman Sachs
New York
| – | -$1.81M | -35,788 | Closed |
|
|
SI
78
Stephens Inc
Little Rock,
Arkansas
| – | -$1.78M | -35,137 | Closed |
|
|
OC
79
Oppenheimer & Co
New York
| – | -$977K | -19,311 | Closed |
|
|
WA
80
WESPAC Advisors
Orinda,
California
| – | -$807K | -15,940 | Closed |
|
81
William Blair & Company
Chicago,
Illinois
| – | -$416K | -8,221 | Closed |
|
82
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$323K | -6,365 | Closed |
|
|
HFS
83
HL Financial Services
Louisville,
Kentucky
| – | -$251K | -4,963 | Closed |
|
|
AW
84
ACG Wealth
Atlanta,
Georgia
| – | -$246K | -4,837 | Closed |
|
|
FANJ
85
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$25K | -502 | Closed |
|
|
NA
86
NewEdge Advisors
New Orleans,
Louisiana
| – | -$16.3K | -320 | Closed |
|
87
Creative Planning
Overland Park,
Kansas
| – | -$15K | -300 | Closed |
|
88
First Manhattan
New York
| – | -$2K | -55 | Closed |
|
QABA Hedge Fund Activity: Q3 2017 in Review
76 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 Q3 2017, worth a combined $168M — down 16% from $200M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of QABA and 8 opened new positions — a net loss of 5 holders — while 29 trimmed existing stakes and 22 added.
The largest buyer was Jane Street, adding an estimated $2.36M. The largest seller was Morgan Stanley, cutting an estimated $11.3M.
- 76 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q3 2017, down from 83 in Q2 2017.
- Funds reported $168M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q3 2017, down 16% quarter-over-quarter.
- 8 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q3 2017 and 13 closed out, a net change of -5 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q3 2017 was Jane Street, an estimated $2.36M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q3 2017 was Morgan Stanley, an estimated $11.3M sold.
Based on aggregated 13F filings for Q3 2017.