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First Trust NASDAQ ABA Community Bank Index Fund

90 hedge funds and large institutions have $198M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2018 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 42 increasing their positions, 11 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

450% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 4

282% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 11

34% more capital invested

Capital invested by funds: $148M → $198M (+$50.3M)

25% more funds holding

Funds holding: 7290 (+18)

4.86% more ownership

Funds ownership: 47.28%52.14% (+4.9%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
90
Holders Change
+18
Holders Change %
+25%
% of All Funds
2.06%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
22
Increased
42
Reduced
11
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$59M +$2.13M +38,332 +4%
UBS Group
2
UBS Group
Switzerland
$14.5M +$809K +14,574 +6%
Bank of America
3
Bank of America
North Carolina
$12.2M +$4.8M +86,548 +64%
LPL Financial
4
LPL Financial
California
$12.1M +$2.04M +36,718 +20%
Wells Fargo
5
Wells Fargo
California
$10.1M +$3.4M +61,354 +50%
RJA
6
Raymond James & Associates
Florida
$9.17M +$4.46M +80,371 +92%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$5.71M +$437K +7,877 +8%
SCM
8
SkyTop Capital Management
New Jersey
$5.3M
TPWA
9
TRUE Private Wealth Advisors
Oregon
$5.12M +$6.21K +112 +0.1%
IA
10
IFP Advisors
Florida
$5.03M +$537K +9,688 +12%
CA
11
Cumberland Advisors
Florida
$3.85M +$3.9M +70,380 New
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$2.76M +$2.05M +36,924 +274%
Ameriprise
13
Ameriprise
Minnesota
$2.61M -$70.5K -1,270 -3%
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$2.49M
Goldman Sachs
15
Goldman Sachs
New York
$2.43M +$1.54M +27,767 +167%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$2.32M +$768K +13,850 +49%
ZIG
17
Zurich Insurance Group
Switzerland
$2.24M +$2.27M +40,832 New
AG
18
Advisor Group
Arizona
$1.98M +$217K +3,910 +12%
OSNBOA
19
Old Second National Bank of Aurora
Illinois
$1.93M +$1.96M +35,247 New
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$1.93M +$414K +7,468 +27%
ACM
21
Aviance Capital Management
Florida
$1.89M +$1.45M +26,173 +317%
Baird Financial Group
22
Baird Financial Group
Wisconsin
$1.77M +$1.03M +18,522 +134%
HighTower Advisors
23
HighTower Advisors
Illinois
$1.64M +$437K +7,885 +36%
JIP
24
Jaffetilchin Investment Partners
Florida
$1.57M +$81.6K +1,471 +5%
MML Investors Services
25
MML Investors Services
Massachusetts
$1.55M +$787K +14,177 +101%

QABA Hedge Fund Activity: Q2 2018 in Review

90 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q2 2018, worth a combined $198M — up 34% from $148M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new QABA positions and 4 closed out — a net gain of 18 holders — while 42 added to existing stakes and 11 trimmed.

The largest buyer was Bank of America, adding an estimated $4.8M. The largest seller was Tower Research Capital (TRC), cutting an estimated $417K.

  • 90 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q2 2018, up from 72 in Q1 2018.
  • Funds reported $198M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q2 2018, up 34% quarter-over-quarter.
  • 22 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q2 2018 and 4 closed out, a net change of +18 holders.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q2 2018 was Bank of America, an estimated $4.8M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q2 2018 was Tower Research Capital (TRC), an estimated $417K sold.

Based on aggregated 13F filings for Q2 2018.