First Trust NASDAQ ABA Community Bank Index Fund
QABA
74 hedge funds and large institutions have $162M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 20 reducing their positions, and 13 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.62% less ownership
Funds ownership: 50.33% → 49.71% (-0.62%)
4% less capital invested
Capital invested by funds: $168M → $162M (-$6.79M)
3% less funds holding
Funds holding: 76 → 74 (-2)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.72M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.05M |
| 3 |
Goldman Sachs
New York
|
+$914K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$880K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$819K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.85M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.16M |
| 3 |
VF
Virtu Financial
New York
|
-$1.54M |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$1.22M |
| 5 |
IH
IFC Holdings
Tampa,
Florida
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICOA
76
Investment Centers of America
Bismarck,
North Dakota
| – | -$1.22M | -23,252 | Closed |
|
|
IH
77
IFC Holdings
Tampa,
Florida
| – | -$1.17M | -22,103 | Closed |
|
|
TSS
78
Two Sigma Securities
New York
| – | -$944K | -17,902 | Closed |
|
79
Citadel Advisors
Miami,
Florida
| – | -$664K | -12,600 | Closed |
|
|
GS
80
Girard Securities
San Diego,
California
| – | -$443K | -8,462 | Closed |
|
81
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$337K | -6,398 | Closed |
|
|
AFP
82
Ausdal Financial Partners
Davenport,
Iowa
| – | -$242K | -4,593 | Closed |
|
|
SFM
83
Signet Financial Management
Parsippany,
New Jersey
| – | -$177K | -3,356 | Closed |
|
|
NFG
84
Next Financial Group
Houston,
Texas
| – | -$31K | -585 | Closed |
|
|
EWM
85
Edge Wealth Management
New York
| – | -$27K | -519 | Closed |
|
86
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$8K | -150 | Closed |
|
QABA Hedge Fund Activity: Q4 2017 in Review
74 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q4 2017, worth a combined $162M — down 4% from $168M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of QABA and 11 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 30 added.
The largest buyer was Credit Suisse, opening a new position worth an estimated $1.72M. The largest seller was Jane Street, exiting entirely with an estimated $3.85M sold.
- 74 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q4 2017, down from 76 in Q3 2017.
- Funds reported $162M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q4 2017, down 4% quarter-over-quarter.
- 11 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q4 2017 and 13 closed out, a net change of -2 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q4 2017 was Credit Suisse, an estimated $1.72M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q4 2017 was Jane Street, an estimated $3.85M sold.
Based on aggregated 13F filings for Q4 2017.