First Trust NASDAQ ABA Community Bank Index Fund
QABA
90 hedge funds and large institutions have $201M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 27 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
30% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 27
1% more capital invested
Capital invested by funds: $198M → $201M (+$2.54M)
0.02% more ownership
Funds ownership: 52.14% → 52.16% (+0.02%)
0% more funds holding
Funds holding: 90 → 90 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $224K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$9.13M |
| 2 |
CA
Cumberland Advisors
Sarasota,
Florida
|
+$1.86M |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$1.37M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.24M |
| 5 |
CCT
Chemung Canal Trust
Elmira,
New York
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.29M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.86M |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$1.78M |
| 4 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
-$1.65M |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$1.54M |
QABA Hedge Fund Activity: Q3 2018 in Review
90 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q3 2018, worth a combined $201M — up 1.3% from $198M a quarter earlier.
Fund positioning in QABA was balanced in Q3 2018: 10 funds opened new positions, 10 closed out, 35 added to existing stakes and 27 trimmed.
The largest buyer was Ameriprise, adding an estimated $9.13M. The largest seller was Bank of America, cutting an estimated $2.29M.
- 90 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $201M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q3 2018, up 1.3% quarter-over-quarter.
- 10 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q3 2018 and 10 closed out, a net change of 0 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q3 2018 was Ameriprise, an estimated $9.13M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q3 2018 was Bank of America, an estimated $2.29M sold.
Based on aggregated 13F filings for Q3 2018.