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First Trust NASDAQ ABA Community Bank Index Fund

76 hedge funds and large institutions have $215M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 9 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

322% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 9

92% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 12

15% more funds holding

Funds holding: 6676 (+10)

14.97% less ownership

Funds ownership: 71%56.03% (-15%)

24% less capital invested

Capital invested by funds: $285M → $215M (-$69.4M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
76
Holders Change
+10
Holders Change %
+15.15%
% of All Funds
1.89%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
23
Increased
38
Reduced
9
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$80.6M +$5.2M +100,246 +7%
Bank of America
2
Bank of America
North Carolina
$21.3M +$10M +193,257 +85%
UBS Group
3
UBS Group
Switzerland
$19.7M +$2.59M +49,857 +15%
RJA
4
Raymond James & Associates
Florida
$17.9M +$9.99M +192,449 +119%
LPL Financial
5
LPL Financial
California
$11.3M +$464K +8,946 +4%
SCM
6
SkyTop Capital Management
New Jersey
$5.67M
RJFSA
7
Raymond James Financial Services Advisors
Florida
$5.34M +$3.05M +58,793 +126%
TPWA
8
TRUE Private Wealth Advisors
Oregon
$3.97M +$89.2K +1,718 +2%
IA
9
IFP Advisors
Florida
$3.3M +$2.93M +56,366 +642%
SPC
10
Sigma Planning Corp
Michigan
$2.92M -$656K -12,639 -18%
Janney Montgomery Scott
11
Janney Montgomery Scott
Pennsylvania
$2.9M +$116K +2,237 +4%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$2.85M +$2.92M +56,290 New
LTFS
13
Ladenburg Thalmann Financial Services
Florida
$2.68M -$1.08M -20,832 -28%
Wells Fargo
14
Wells Fargo
California
$2.11M -$842K -16,214 -28%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.93M +$129K +2,494 +7%
SI
16
Stephens Inc
Arkansas
$1.81M +$1.86M +35,809 New
Ameriprise
17
Ameriprise
Minnesota
$1.75M +$1.19M +22,882 +196%
Citadel Advisors
18
Citadel Advisors
Florida
$1.7M +$1.75M +33,663 New
Jane Street
19
Jane Street
New York
$1.51M +$613K +11,819 +66%
ICOA
20
Investment Centers of America
North Dakota
$1.48M +$436K +8,393 +40%
SB
21
Suntrust Banks
Georgia
$1.35M +$361K +6,959 +37%
AG
22
Advisor Group
Arizona
$1.3M +$271K +5,222 +25%
CAN
23
Cetera Advisor Networks
California
$1.22M +$102K +1,960 +9%
OC
24
Oppenheimer & Co
New York
$1.22M +$262K +5,043 +26%
Stifel Financial
25
Stifel Financial
Missouri
$1.17M +$641K +12,360 +117%

QABA Hedge Fund Activity: Q1 2017 in Review

76 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q1 2017, worth a combined $215M — down 24% from $285M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new QABA positions and 12 closed out — a net gain of 11 holders — while 38 added to existing stakes and 9 trimmed.

The largest buyer was Bank of America, adding an estimated $10M. The largest seller was Envestnet Asset Management, cutting an estimated $37.8M.

  • 76 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q1 2017, up from 66 in Q4 2016.
  • Funds reported $215M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q1 2017, down 24% quarter-over-quarter.
  • 23 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q1 2017 and 12 closed out, a net change of +11 holders.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q1 2017 was Bank of America, an estimated $10M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q1 2017 was Envestnet Asset Management, an estimated $37.8M sold.

Based on aggregated 13F filings for Q1 2017.