First Trust NASDAQ ABA Community Bank Index Fund
QABA
30 hedge funds and large institutions have $29.4M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 7 increasing their positions, 15 reducing their positions, and 17 closing their positions.
8.44% less ownership
Funds ownership: 49.73% → 41.29% (-8.4%)
38% less funds holding
Funds holding: 48 → 30 (-18)
44% less capital invested
Capital invested by funds: $52.4M → $29.4M (-$22.9M)
53% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 15
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.5M |
| 2 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$113K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$65.5K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$24.5K |
| 5 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
+$11.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$5.1M |
| 2 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
-$4.95M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.61M |
| 4 |
Goldman Sachs
New York
|
-$1.15M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.13M |
QABA Hedge Fund Activity: Q2 2023 in Review
30 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q2 2023, worth a combined $29.4M — down 44% from $52.4M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of QABA and 0 opened new positions — a net loss of 17 holders — while 15 trimmed existing stakes and 7 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.5M. The largest seller was UBS Group, cutting an estimated $5.1M.
- 30 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q2 2023, down from 48 in Q1 2023.
- Funds reported $29.4M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q2 2023, down 44% quarter-over-quarter.
- 0 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q2 2023 and 17 closed out, a net change of -17 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q2 2023 was Susquehanna International Group, an estimated $1.5M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q2 2023 was UBS Group, an estimated $5.1M sold.
Based on aggregated 13F filings for Q2 2023.