First Trust NASDAQ ABA Community Bank Index Fund
QABA
40 hedge funds and large institutions have $37.7M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2020 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
173% more capital invested
Capital invested by funds: $13.8M → $37.7M (+$23.9M)
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
33% more funds holding
Funds holding: 30 → 40 (+10)
20.23% more ownership
Funds ownership: 24.1% → 44.33% (+20%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.65M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.84M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.36M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$1.27M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$821K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$472K |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
-$186K |
| 4 |
JCM
Jacobi Capital Management
Pittston,
Pennsylvania
|
-$95K |
| 5 |
9WM
9258 Wealth Management
Blue Ash,
Ohio
|
-$39.3K |
QABA Hedge Fund Activity: Q4 2020 in Review
40 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q4 2020, worth a combined $37.7M — up 173% from $13.8M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new QABA positions and 4 closed out — a net gain of 10 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.65M. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $821K sold.
- 40 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q4 2020, up from 30 in Q3 2020.
- Funds reported $37.7M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q4 2020, up 173% quarter-over-quarter.
- 14 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q4 2020 and 4 closed out, a net change of +10 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q4 2020 was Morgan Stanley, an estimated $7.65M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q4 2020 was Tower Research Capital (TRC), an estimated $821K sold.
Based on aggregated 13F filings for Q4 2020.