First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
53 hedge funds and large institutions have $249M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 5 reducing their positions, and 2 closing their positions.
650% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 2
400% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 5
48% more capital invested
Capital invested by funds: $168M → $249M (+$80.8M)
33% more funds holding
Funds holding: 40 → 53 (+13)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $293K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFS
Aft Forsyth & Sober
Valrico,
Florida
|
+$14.5M |
| 2 |
Morgan Stanley
New York
|
+$11.1M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$9.06M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$8.57M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
+$6.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$6.33M |
| 2 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$204K |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$145K |
| 4 |
LGWM
Litman Gregory Wealth Management
Larkspur,
California
|
-$145K |
| 5 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$116K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fifth Third Bancorp
Cincinnati,
Ohio
| $7K | +$7.41K | +200 | New |
|
|
MFS
52
MSI Financial Services
Springfield,
Massachusetts
| $6K | +$3.71K | +100 | +133% |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $3K | +$2.44K | +66 | +471% |
|
|
HI
54
Horizon Investments
Charlotte,
North Carolina
| – | -$6.33M | -174,000 | Closed |
|
|
LGWM
55
Litman Gregory Wealth Management
Larkspur,
California
| – | -$145K | -3,991 | Closed |
|
QQEW Hedge Fund Activity: Q1 2014 in Review
53 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q1 2014, worth a combined $249M — up 48% from $168M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new QQEW positions and 2 closed out — a net gain of 13 holders — while 25 added to existing stakes and 5 trimmed.
The largest buyer was Aft Forsyth & Sober, opening a new position worth an estimated $14.5M. The largest seller was Horizon Investments, exiting entirely with an estimated $6.33M sold.
- 53 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q1 2014, up from 40 in Q4 2013.
- Funds reported $249M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q1 2014, up 48% quarter-over-quarter.
- 15 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q1 2014 and 2 closed out, a net change of +13 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q1 2014 was Aft Forsyth & Sober, an estimated $14.5M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q1 2014 was Horizon Investments, an estimated $6.33M sold.
Based on aggregated 13F filings for Q1 2014.