First Trust NASDAQ ABA Community Bank Index Fund
QABA
18 hedge funds and large institutions have $49M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
116% more capital invested
Capital invested by funds: $22.7M → $49M (+$26.2M)
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
38% more funds holding
Funds holding: 13 → 18 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.9M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$6.45M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.77M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.12M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.14M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$291K |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$207K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$187K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$12.3K |
QABA Hedge Fund Activity: Q1 2014 in Review
18 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q1 2014, worth a combined $49M — up 116% from $22.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new QABA positions and 3 closed out — a net gain of 5 holders — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.9M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.14M sold.
- 18 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q1 2014, up from 13 in Q4 2013.
- Funds reported $49M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q1 2014, up 116% quarter-over-quarter.
- 8 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q1 2014 and 3 closed out, a net change of +5 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q1 2014 was Morgan Stanley, an estimated $14.9M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q1 2014 was Susquehanna International Group, an estimated $1.14M sold.
Based on aggregated 13F filings for Q1 2014.