First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
50 hedge funds and large institutions have $310M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 9 closing their positions.
15% less funds holding
Funds holding: 59 → 50 (-9)
16% less capital invested
Capital invested by funds: $370M → $310M (-$60M)
22% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 23
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$5.03M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.99M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.14M |
| 4 |
Jane Street
New York
|
+$1.67M |
| 5 |
AT
Arden Trust
Wilmington,
Delaware
|
+$644K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$8.94M |
| 2 |
Morgan Stanley
New York
|
-$7.77M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.33M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.02M |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$3.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
51
Barometer Capital Management
Toronto,
Ontario, Canada
| – | -$1.67M | -38,100 | Closed |
|
|
VFA
52
Voya Financial Advisors
Windsor,
Connecticut
| – | -$1.24M | -28,397 | Closed |
|
|
NPC
53
National Planning Corporation
El Segundo,
California
| – | -$778K | -17,625 | Closed |
|
|
HF
54
HRT Financial
New York
| – | -$621K | -14,225 | Closed |
|
|
WA
55
WESPAC Advisors
Orinda,
California
| – | -$398K | -9,109 | Closed |
|
|
AA
56
ALPS Advisors
Denver,
Colorado
| – | -$325K | -7,441 | Closed |
|
57
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$15K | -340 | Closed |
|
|
RCG
58
Ruggie Capital Group
Tavares,
Florida
| – | -$10K | -230 | Closed |
|
QQEW Hedge Fund Activity: Q3 2015 in Review
50 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q3 2015, worth a combined $310M — down 16% from $370M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of QQEW and 2 opened new positions — a net loss of 7 holders — while 23 trimmed existing stakes and 18 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $5.03M. The largest seller was Stadion Money Management, exiting entirely with an estimated $8.94M sold.
- 50 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q3 2015, down from 59 in Q2 2015.
- Funds reported $310M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q3 2015, down 16% quarter-over-quarter.
- 2 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q3 2015 and 9 closed out, a net change of -7 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $5.03M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q3 2015 was Stadion Money Management, an estimated $8.94M sold.
Based on aggregated 13F filings for Q3 2015.