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First Trust NASDAQ ABA Community Bank Index Fund

73 hedge funds and large institutions have $81.4M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 32 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.99% less ownership

Funds ownership: 45.4%40.41% (-5%)

10% less funds holding

Funds holding: 8173 (-8)

25% less capital invested

Capital invested by funds: $109M → $81.4M (-$27.2M)

44% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 32

58% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 12

Holders
73
Holders Change
-8
Holders Change %
-9.88%
% of All Funds
1.58%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
18
Reduced
32
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
$16.6M -$8.27M -172,592 -32%
LPL Financial
2
LPL Financial
California
$6.88M -$2.02M -42,239 -22%
UBS Group
3
UBS Group
Switzerland
$6.2M -$2.36M -49,278 -27%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$5.94M +$1.24M +25,814 +25%
PAG
5
Private Advisor Group
New Jersey
$4.98M +$335K +6,986 +7%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$4M +$1.25M +26,194 +43%
Wells Fargo
7
Wells Fargo
California
$2.86M -$650K -13,578 -18%
GLLW
8
Graves Light Lenhart Wealth
Virginia
$2.68M +$170K +3,555 +7%
AG
9
Advisor Group
Arizona
$1.99M -$31.2K -652 -1%
Bank of America
10
Bank of America
North Carolina
$1.98M -$1.17M -24,495 -36%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$1.94M -$402K -8,390 -17%
OSNBOA
12
Old Second National Bank of Aurora
Illinois
$1.58M -$71.3K -1,488 -4%
PFS
13
Prospera Financial Services
Texas
$1.53M -$16.1K -336 -1%
RJA
14
Raymond James & Associates
Florida
$1.47M -$659K -13,761 -30%
TRCT
15
Tower Research Capital (TRC)
New York
$1.38M -$867K -18,108 -38%
VFA
16
Voya Financial Advisors
Connecticut
$1.31M -$36.2K -756 -3%
BFEC
17
Benjamin F. Edwards & Company
Missouri
$1.24M +$55.1K +1,150 +4%
Jane Street
18
Jane Street
New York
$1.21M -$733K -15,308 -37%
GIA
19
Gladstone Institutional Advisory
Florida
$1.19M +$1.23M +25,667 New
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$1.16M -$5.47M -114,170 -82%
DADC
21
D.A. Davidson & Co
Montana
$1.15M +$83.8K +1,750 +8%
SFS
22
Sowell Financial Services
Arkansas
$1.14M +$6.71K +140 +0.6%
CAN
23
Cetera Advisor Networks
California
$916K -$403K -8,415 -30%
Citadel Advisors
24
Citadel Advisors
Florida
$905K -$1.39M -29,062 -60%
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$815K +$49.1K +1,024 +6%

QABA Hedge Fund Activity: Q1 2019 in Review

73 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q1 2019, worth a combined $81.4M — down 25% from $109M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of QABA and 5 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 18 added.

The largest buyer was Royal Bank of Canada, adding an estimated $1.25M. The largest seller was Ameriprise, cutting an estimated $8.48M.

  • 73 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q1 2019, down from 81 in Q4 2018.
  • Funds reported $81.4M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q1 2019, down 25% quarter-over-quarter.
  • 5 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q1 2019 and 12 closed out, a net change of -7 holders.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q1 2019 was Royal Bank of Canada, an estimated $1.25M added.
  • The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q1 2019 was Ameriprise, an estimated $8.48M sold.

Based on aggregated 13F filings for Q1 2019.