First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
35 hedge funds and large institutions have $356M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 7 reducing their positions, and 5 closing their positions.
328% more capital invested
Capital invested by funds: $83.2M → $356M (+$272M)
129% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 7
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 34 → 35 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
+$207M |
| 2 |
Morgan Stanley
New York
|
+$13.5M |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$7.79M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.98M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.25M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$893K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$854K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$640K |
| 5 |
DS
DRW Securities
Chicago,
Illinois
|
-$638K |
QQEW Hedge Fund Activity: Q3 2013 in Review
35 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q3 2013, worth a combined $356M — up 328% from $83.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new QQEW positions and 5 closed out — a net gain of 1 holder — while 16 added to existing stakes and 7 trimmed.
The largest buyer was Stadion Money Management, opening a new position worth an estimated $207M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $3.25M sold.
- 35 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q3 2013, up from 34 in Q2 2013.
- Funds reported $356M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q3 2013, up 328% quarter-over-quarter.
- 6 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q3 2013 and 5 closed out, a net change of +1 holder.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q3 2013 was Stadion Money Management, an estimated $207M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q3 2013 was Raymond James Financial Services Advisors, an estimated $3.25M sold.
Based on aggregated 13F filings for Q3 2013.