First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
93 hedge funds and large institutions have $420M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 26 increasing their positions, 33 reducing their positions, and 15 closing their positions.
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
5% more capital invested
Capital invested by funds: $399M → $420M (+$21.6M)
0.63% more ownership
Funds ownership: 54.31% → 54.94% (+0.63%)
0% more funds holding
Funds holding: 93 → 93 (0)
21% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 33
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$27M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$4.93M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.7M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$3.28M |
| 5 |
LA
LexAurum Advisors
Overland Park,
Kansas
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$8.29M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$6.53M |
| 3 |
HGWM
Harvest Group Wealth Management
Waltham,
Massachusetts
|
-$5.46M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$4.3M |
| 5 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$2.54M |
QQEW Hedge Fund Activity: Q2 2019 in Review
93 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q2 2019, worth a combined $420M — up 5.4% from $399M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new QQEW positions and 15 closed out — a net gain of 2 holders — while 26 added to existing stakes and 33 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $27M. The largest seller was Wells Fargo, cutting an estimated $8.29M.
- 93 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $420M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q2 2019, up 5.4% quarter-over-quarter.
- 17 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q2 2019 and 15 closed out, a net change of +2 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q2 2019 was Morgan Stanley, an estimated $27M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q2 2019 was Wells Fargo, an estimated $8.29M sold.
Based on aggregated 13F filings for Q2 2019.