First Trust NASDAQ ABA Community Bank Index Fund
QABA
37 hedge funds and large institutions have $27.7M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 16 reducing their positions, and 6 closing their positions.
8% less funds holding
Funds holding: 40 → 37 (-3)
7.87% less ownership
Funds ownership: 56.07% → 48.2% (-7.9%)
41% less capital invested
Capital invested by funds: $47M → $27.7M (-$19.3M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
69% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.67M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$746K |
| 3 |
CAM
Creekmur Asset Management
Morton,
Illinois
|
+$14.7K |
| 4 |
SFM
Signet Financial Management
Parsippany,
New Jersey
|
+$14.5K |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$13.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIA
Luken Investment Analytics
Brentwood,
Tennessee
|
-$9.06M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$4.63M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.02M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.06M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$732K |
QABA Hedge Fund Activity: Q2 2024 in Review
37 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q2 2024, worth a combined $27.7M — down 41% from $47M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of QABA and 3 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 5 added.
The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $1.67M. The largest seller was Luken Investment Analytics, cutting an estimated $9.06M.
- 37 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q2 2024, down from 40 in Q1 2024.
- Funds reported $27.7M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q2 2024, down 41% quarter-over-quarter.
- 3 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q2 2024 and 6 closed out, a net change of -3 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q2 2024 was Cambridge Investment Research Advisors, an estimated $1.67M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q2 2024 was Luken Investment Analytics, an estimated $9.06M sold.
Based on aggregated 13F filings for Q2 2024.