First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
230 hedge funds and large institutions have $1.8B invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2023 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 83 increasing their positions, 66 reducing their positions, and 17 closing their positions.
206% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 17
44% more capital invested
Capital invested by funds: $1.25B → $1.8B (+$549M)
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
26% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 66
16% more funds holding
Funds holding: 199 → 230 (+31)
14.09% more ownership
Funds ownership: 66.01% → 80.1% (+14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$262M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$28.9M |
| 3 |
JP Morgan Chase
New York
|
+$26.8M |
| 4 |
LPL Financial
San Diego,
California
|
+$25.3M |
| 5 |
GWAG
Garrett Wealth Advisory Group
Weatherford,
Texas
|
+$8.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$10.2M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$8.59M |
| 3 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$8.37M |
| 4 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
-$7.88M |
| 5 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$7.21M |
QQEW Hedge Fund Activity: Q4 2023 in Review
230 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q4 2023, worth a combined $1.8B — up 44% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new QQEW positions and 17 closed out — a net gain of 35 holders — while 83 added to existing stakes and 66 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $262M. The largest seller was UBS Group, cutting an estimated $10.2M.
- 230 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q4 2023, up from 199 in Q3 2023.
- Funds reported $1.8B of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q4 2023, up 44% quarter-over-quarter.
- 52 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q4 2023 and 17 closed out, a net change of +35 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q4 2023 was Morgan Stanley, an estimated $262M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q4 2023 was UBS Group, an estimated $10.2M sold.
Based on aggregated 13F filings for Q4 2023.