First Trust NASDAQ ABA Community Bank Index Fund
QABA
72 hedge funds and large institutions have $148M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 8 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.43% less ownership
Funds ownership: 49.71% → 47.28% (-2.4%)
3% less funds holding
Funds holding: 74 → 72 (-2)
9% less capital invested
Capital invested by funds: $162M → $148M (-$13.8M)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
19% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.59M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.56M |
| 3 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$874K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$664K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$573K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.59M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$7.27M |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$1.75M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.71M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LFAS
76
Level Four Advisory Services
Dallas,
Texas
| – | -$209K | -3,978 | Closed |
|
77
SEI Investments
Oaks,
Pennsylvania
| – | -$197K | -3,750 | Closed |
|
|
BWA
78
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$21K | -406 | Closed |
|
|
SBL
79
Sargent Bickham Lagudis
Boulder,
Colorado
| – | -$1K | -23 | Closed |
|
QABA Hedge Fund Activity: Q1 2018 in Review
72 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q1 2018, worth a combined $148M — down 8.6% from $162M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of QABA and 7 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 21 added.
The largest buyer was Wells Fargo, adding an estimated $2.59M. The largest seller was Morgan Stanley, cutting an estimated $7.59M.
- 72 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q1 2018, down from 74 in Q4 2017.
- Funds reported $148M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q1 2018, down 8.6% quarter-over-quarter.
- 7 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q1 2018 and 8 closed out, a net change of -1 holder.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q1 2018 was Wells Fargo, an estimated $2.59M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q1 2018 was Morgan Stanley, an estimated $7.59M sold.
Based on aggregated 13F filings for Q1 2018.