First Trust NASDAQ ABA Community Bank Index Fund
QABA
11 hedge funds and large institutions have $16.1M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 2 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
168% more capital invested
Capital invested by funds: $6M → $16.1M (+$10.1M)
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
38% more funds holding
Funds holding: 8 → 11 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.39M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$796K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$715K |
| 4 |
LPL Financial
San Diego,
California
|
+$369K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.15M |
| 2 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$129K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$10.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $9.08M | +$7.39M | +229,213 | +423% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $2.88M | +$715K | +22,196 | +33% |
|
|
VKH
3
Virtu KCG Holdings
New York
| $1.53M | +$1.54M | +47,898 | New |
|
|
4
LPL Financial
San Diego,
California
| $833K | +$369K | +11,442 | +83% |
|
|
RJA
5
Raymond James & Associates
St Petersburg,
Florida
| $791K | +$796K | +24,682 | New |
|
|
U
6
UBS
Zurich,
Switzerland
| $462K | +$51.3K | +1,591 | +12% |
|
|
7
Wells Fargo
San Francisco,
California
| $209K | -$10.1K | -312 | -5% |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $139K | +$140K | +4,345 | New |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $86K | +$86.9K | +2,696 | New |
|
|
LTFS
10
Ladenburg Thalmann Financial Services
Miami,
Florida
| $16K | +$16.1K | +500 | New |
|
|
WA
11
WFG Advisors
Dallas,
Texas
| $14K | +$32 | +1 | +0.2% |
|
|
12
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.15M | -37,954 | Closed |
|
|
FHC
13
First Heartland Consultants
Lake St. Louis,
Missouri
| – | -$129K | -4,250 | Closed |
|
QABA Hedge Fund Activity: Q3 2013 in Review
11 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q3 2013, worth a combined $16.1M — up 168% from $6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new QABA positions and 2 closed out — a net gain of 3 holders — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.39M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.15M sold.
- 11 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q3 2013, up from 8 in Q2 2013.
- Funds reported $16.1M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q3 2013, up 168% quarter-over-quarter.
- 5 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q3 2013 and 2 closed out, a net change of +3 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q3 2013 was Morgan Stanley, an estimated $7.39M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q3 2013 was Susquehanna International Group, an estimated $1.15M sold.
Based on aggregated 13F filings for Q3 2013.