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First Trust NASDAQ ABA Community Bank Index Fund

81 hedge funds and large institutions have $109M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 34 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

6.76% less ownership

Funds ownership: 52.16%45.4% (-6.8%)

10% less funds holding

Funds holding: 9081 (-9)

33% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 24

44% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 34

46% less capital invested

Capital invested by funds: $201M → $109M (-$92M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
81
Holders Change
-9
Holders Change %
-10%
% of All Funds
1.8%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
16
Increased
19
Reduced
34
Closed
24
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SFA
76
Semmax Financial Advisors
North Carolina
$5K +$5.71K +118 New
WIM
77
Westside Investment Management
California
$4.31K
VFA
78
Valeo Financial Advisors
Indiana
$4K
US Bancorp
79
US Bancorp
Minnesota
$2K -$1.74K -36 -42%
CA
80
Cumberland Advisors
Florida
-$5.54M -103,760 Closed
TPWA
81
TRUE Private Wealth Advisors
Oregon
-$4.88M -91,521 Closed
HighTower Advisors
82
HighTower Advisors
Illinois
-$1.99M -37,350 Closed
CCT
83
Chemung Canal Trust
New York
-$1.94M -36,393 Closed
Baird Financial Group
84
Baird Financial Group
Wisconsin
-$1.51M -28,622 Closed
Goldman Sachs
85
Goldman Sachs
New York
-$1.37M -25,714 Closed
CIBC World Market
86
CIBC World Market
Ontario, Canada
-$1.28M -23,942 Closed
WI
87
Wintrust Investments
Illinois
-$1.19M -22,330 Closed
SPIA
88
Steward Partners Investment Advisory
New York
-$927K -17,377 Closed
Stifel Financial
89
Stifel Financial
Missouri
-$908K -17,029 Closed
BTS
90
BB&T Securities
Virginia
-$878K -16,470 Closed
ZIG
91
Zurich Insurance Group
Switzerland
-$602K -11,283 Closed
UR
92
USCA RIA
Texas
-$544K -10,203 Closed
Manulife (Manufacturers Life Insurance)
93
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$368K -6,898 Closed
SWP
94
Stratos Wealth Partners
Ohio
-$322K -6,034 Closed
Cetera Investment Advisers
95
Cetera Investment Advisers
Illinois
-$233K -4,380 Closed
GWM
96
Greenwich Wealth Management
Connecticut
-$222K -4,170 Closed
BAS
97
Brown Advisory Securities
Maryland
-$212K -3,979 Closed
SPC
98
Sigma Planning Corp
Michigan
-$202K -3,784 Closed
Deutsche Bank
99
Deutsche Bank
Germany
-$152K -2,856 Closed
NFG
100
Next Financial Group
Texas
-$20K -380 Closed

QABA Hedge Fund Activity: Q4 2018 in Review

81 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q4 2018, worth a combined $109M — down 46% from $201M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of QABA and 16 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 19 added.

The largest buyer was Susquehanna International Group, adding an estimated $4.89M. The largest seller was Morgan Stanley, cutting an estimated $25.9M.

  • 81 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q4 2018, down from 90 in Q3 2018.
  • Funds reported $109M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q4 2018, down 46% quarter-over-quarter.
  • 16 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q4 2018 and 24 closed out, a net change of -8 holders.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q4 2018 was Susquehanna International Group, an estimated $4.89M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q4 2018 was Morgan Stanley, an estimated $25.9M sold.

Based on aggregated 13F filings for Q4 2018.