First Trust NASDAQ ABA Community Bank Index Fund
QABA
89 hedge funds and large institutions have $196M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2018 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 42 increasing their positions, 11 reducing their positions, and 4 closing their positions.
4,032% more capital inflows, than outflows
Capital inflows: $45.5M | Capital outflows: $1.1M
425% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 4
282% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 11
24% more funds holding
Funds holding: 72 → 89 (+17)
3.65% more ownership
Funds ownership: 47.28% → 50.93% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.8M |
| 2 |
Raymond James & Associates
St Petersburg,
Florida
|
+$4.46M |
| 3 |
Cumberland Advisors
Sarasota,
Florida
|
+$3.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.4M |
| 5 |
Zurich Insurance Group
Zurich,
Switzerland
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tower Research Capital (TRC)
New York
|
-$417K |
| 2 |
Cetera Advisor Networks
El Segundo,
California
|
-$241K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$206K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$70.5K |
| 5 |
Cetera Advisors
Denver,
Colorado
|
-$65.2K |
QABA Hedge Fund Activity: Q2 2018 in Review
89 of the 4,386 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 $196M — up 33% from $148M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new QABA positions and 4 closed out — a net gain of 17 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.
- 89 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q2 2018, up from 72 in Q1 2018.
- Funds reported $196M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q2 2018, up 33% quarter-over-quarter.
- 21 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q2 2018 and 4 closed out, a net change of +17 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.