First Trust NASDAQ ABA Community Bank Index Fund
QABA
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.
6.76% less ownership
Funds ownership: 52.16% → 45.4% (-6.8%)
10% less funds holding
Funds holding: 90 → 81 (-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: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.89M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$4.87M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.13M |
| 4 |
Jane Street
New York
|
+$1.74M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$25.9M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.05M |
| 3 |
CA
Cumberland Advisors
Sarasota,
Florida
|
-$5.54M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5.49M |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$4.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFS
101
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$20K | -367 | Closed |
|
|
JA
102
JOYN Advisors
Atlanta,
Georgia
| – | -$8K | -151 | Closed |
|
103
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$8K | -150 | Closed |
|
104
Fidelity Investments
Boston,
Massachusetts
| – | +$48 | +1 | New |
|
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.