First Trust NASDAQ ABA Community Bank Index Fund
QABA
13 hedge funds and large institutions have $24.6M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 1 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
53% more capital invested
Capital invested by funds: $16.1M → $24.6M (+$8.53M)
18% more funds holding
Funds holding: 11 → 13 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.23M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.08M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.02M |
| 4 |
LPL Financial
San Diego,
California
|
+$823K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$529K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$1.53M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$146K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.96K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $12.6M | +$2.23M | +64,846 | +23% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $4.34M | +$1.02M | +29,801 | +33% |
|
|
BTS
3
BB&T Securities
Richmond,
Virginia
| $2.07M | +$196K | +5,714 | New |
|
|
4
LPL Financial
San Diego,
California
| $1.78M | +$823K | +23,962 | +95% |
|
|
RJA
5
Raymond James & Associates
St Petersburg,
Florida
| $1.45M | +$529K | +15,400 | +62% |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.14M | +$1.08M | +31,471 | New |
|
|
U
7
UBS
Zurich,
Switzerland
| $729K | +$196K | +5,700 | +40% |
|
|
8
Wells Fargo
San Francisco,
California
| $227K | -$8.96K | -261 | -4% |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $192K | +$89.1K | +2,596 | +96% |
|
|
LTFS
10
Ladenburg Thalmann Financial Services
Miami,
Florida
| $18K | – | – | – |
|
|
WA
11
WFG Advisors
Dallas,
Texas
| $16K | +$69 | +2 | +0.5% |
|
|
BCM
12
Blume Capital Management
Berkeley,
California
| $5K | +$5.18K | +151 | New |
|
|
13
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | -$146K | -4,254 | -98% |
|
|
VKH
14
Virtu KCG Holdings
New York
| – | -$1.53M | -47,898 | Closed |
|
QABA Hedge Fund Activity: Q4 2013 in Review
13 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q4 2013, worth a combined $24.6M — up 53% from $16.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new QABA positions and 1 closed out — a net gain of 2 holders — while 7 added to existing stakes and 2 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.23M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $1.53M sold.
- 13 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q4 2013, up from 11 in Q3 2013.
- Funds reported $24.6M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q4 2013, up 53% quarter-over-quarter.
- 3 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q4 2013 and 1 closed out, a net change of +2 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q4 2013 was Morgan Stanley, an estimated $2.23M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q4 2013 was Virtu KCG Holdings, an estimated $1.53M sold.
Based on aggregated 13F filings for Q4 2013.