First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
40 hedge funds and large institutions have $168M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 5 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
14% more funds holding
Funds holding: 35 → 40 (+5)
53% less capital invested
Capital invested by funds: $356M → $168M (-$187M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$6.03M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$2.73M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.66M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.17M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$213M |
| 2 |
PFG
Pacific Financial Group
Bellevue,
Washington
|
-$3.73M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$2.22M |
| 4 |
Morgan Stanley
New York
|
-$1.73M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.43M |
QQEW Hedge Fund Activity: Q4 2013 in Review
40 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q4 2013, worth a combined $168M — down 53% from $356M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new QQEW positions and 5 closed out — a net gain of 6 holders — while 18 added to existing stakes and 8 trimmed.
The largest buyer was Horizon Investments, opening a new position worth an estimated $6.03M. The largest seller was Stadion Money Management, cutting an estimated $213M.
- 40 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q4 2013, up from 35 in Q3 2013.
- Funds reported $168M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q4 2013, down 53% quarter-over-quarter.
- 11 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q4 2013 and 5 closed out, a net change of +6 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q4 2013 was Horizon Investments, an estimated $6.03M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q4 2013 was Stadion Money Management, an estimated $213M sold.
Based on aggregated 13F filings for Q4 2013.