First Trust NASDAQ ABA Community Bank Index Fund
QABA
73 hedge funds and large institutions have $81.4M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 32 reducing their positions, and 12 closing their positions.
4.99% less ownership
Funds ownership: 45.4% → 40.41% (-5%)
10% less funds holding
Funds holding: 81 → 73 (-8)
25% less capital invested
Capital invested by funds: $109M → $81.4M (-$27.2M)
44% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 32
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.25M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.24M |
| 3 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$1.23M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$335K |
| 5 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.48M |
| 2 |
Morgan Stanley
New York
|
-$8.27M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.47M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.36M |
| 5 |
SCM
SkyTop Capital Management
Rutherford,
New Jersey
|
-$2.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
76
Foresight Wealth Management
Draper,
Utah
| – | -$369K | -8,573 | Closed |
|
77
William Blair & Company
Chicago,
Illinois
| – | -$350K | -8,120 | Closed |
|
|
AIC
78
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$345K | -8,005 | Closed |
|
|
CC
79
Claybrook Capital
Wellesley,
Massachusetts
| – | -$312K | -7,253 | Closed |
|
|
CAAS
80
Capital Asset Advisory Services
Williamston,
Michigan
| – | -$257K | -5,975 | Closed |
|
|
TSS
81
Two Sigma Securities
New York
| – | -$213K | -4,941 | Closed |
|
82
SG Americas Securities
New York
| – | -$153K | -3,541 | Closed |
|
83
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$5K | -120 | Closed |
|
QABA Hedge Fund Activity: Q1 2019 in Review
73 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q1 2019, worth a combined $81.4M — down 25% from $109M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of QABA and 5 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 18 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.25M. The largest seller was Ameriprise, cutting an estimated $8.48M.
- 73 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q1 2019, down from 81 in Q4 2018.
- Funds reported $81.4M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q1 2019, down 25% quarter-over-quarter.
- 5 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q1 2019 and 12 closed out, a net change of -7 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q1 2019 was Royal Bank of Canada, an estimated $1.25M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q1 2019 was Ameriprise, an estimated $8.48M sold.
Based on aggregated 13F filings for Q1 2019.