First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
42 hedge funds and large institutions have $252M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 14 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
1% more capital invested
Capital invested by funds: $249M → $252M (+$2.97M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less funds holding
Funds holding: 53 → 42 (-11)
79% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFS
Aft Forsyth & Sober
Valrico,
Florida
|
+$22.6M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.76M |
| 3 |
Goldman Sachs
New York
|
+$1.24M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$734K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$495K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.78M |
| 2 |
DC
Davenport & Co
Richmond,
Virginia
|
-$6.43M |
| 3 |
Morgan Stanley
New York
|
-$3.91M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.64M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citadel Advisors
Miami,
Florida
| – | -$233K | -6,286 | Closed |
|
52
Two Sigma Investments
New York
| – | -$212K | -5,701 | Closed |
|
53
Envestnet Asset Management
Chicago,
Illinois
| – | -$158K | -4,266 | Closed |
|
|
BRWM
54
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$25K | -665 | Closed |
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$9K | -255 | Closed |
|
56
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$7K | -200 | Closed |
|
QQEW Hedge Fund Activity: Q2 2014 in Review
42 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q2 2014, worth a combined $252M — up 1.2% from $249M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of QQEW and 3 opened new positions — a net loss of 11 holders — while 17 trimmed existing stakes and 18 added.
The largest buyer was Aft Forsyth & Sober, adding an estimated $22.6M. The largest seller was Royal Bank of Canada, cutting an estimated $8.78M.
- 42 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q2 2014, down from 53 in Q1 2014.
- Funds reported $252M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q2 2014, up 1.2% quarter-over-quarter.
- 3 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q2 2014 and 14 closed out, a net change of -11 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q2 2014 was Aft Forsyth & Sober, an estimated $22.6M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q2 2014 was Royal Bank of Canada, an estimated $8.78M sold.
Based on aggregated 13F filings for Q2 2014.