First Trust NASDAQ ABA Community Bank Index Fund
QABA
38 hedge funds and large institutions have $59.3M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
168% more capital invested
Capital invested by funds: $22.1M → $59.3M (+$37.2M)
36% more funds holding
Funds holding: 28 → 38 (+10)
28.98% more ownership
Funds ownership: 37.14% → 66.13% (+29%)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.43M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.76M |
| 3 |
LIA
Luken Investment Analytics
Brentwood,
Tennessee
|
+$5.18M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.46M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.13M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$967K |
| 3 |
IP
Ignite Planners
San Clemente,
California
|
-$672K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$640K |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$305K |
QABA Hedge Fund Activity: Q4 2023 in Review
38 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q4 2023, worth a combined $59.3M — up 168% from $22.1M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new QABA positions and 4 closed out — a net gain of 10 holders — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.43M. The largest seller was Susquehanna International Group, cutting an estimated $1.13M.
- 38 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q4 2023, up from 28 in Q3 2023.
- Funds reported $59.3M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q4 2023, up 168% quarter-over-quarter.
- 14 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q4 2023 and 4 closed out, a net change of +10 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q4 2023 was Morgan Stanley, an estimated $9.43M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q4 2023 was Susquehanna International Group, an estimated $1.13M sold.
Based on aggregated 13F filings for Q4 2023.