First Trust NASDAQ ABA Community Bank Index Fund
QABA
56 hedge funds and large institutions have $50M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 32 reducing their positions, and 9 closing their positions.
3.96% less ownership
Funds ownership: 37.61% → 33.65% (-4%)
8% less funds holding
Funds holding: 61 → 56 (-5)
25% less capital invested
Capital invested by funds: $66.8M → $50M (-$16.8M)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
75% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.79M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.21M |
| 3 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$158K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$39.8K |
| 5 |
CAAS
Capital Asset Advisory Services
Williamston,
Michigan
|
+$29.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$5.18M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.81M |
| 3 |
OSNBOA
Old Second National Bank of Aurora
Aurora,
Illinois
|
-$1.64M |
| 4 |
Morgan Stanley
New York
|
-$1.08M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$857K |
QABA Hedge Fund Activity: Q3 2019 in Review
56 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q3 2019, worth a combined $50M — down 25% from $66.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of QABA and 5 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 8 added.
The largest buyer was Citadel Advisors, adding an estimated $1.79M. The largest seller was Private Advisor Group, exiting entirely with an estimated $5.18M sold.
- 56 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q3 2019, down from 61 in Q2 2019.
- Funds reported $50M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q3 2019, down 25% quarter-over-quarter.
- 5 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q3 2019 and 9 closed out, a net change of -4 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q3 2019 was Citadel Advisors, an estimated $1.79M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q3 2019 was Private Advisor Group, an estimated $5.18M sold.
Based on aggregated 13F filings for Q3 2019.