First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
53 hedge funds and large institutions have $324M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 4 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
6% more funds holding
Funds holding: 50 → 53 (+3)
5% more capital invested
Capital invested by funds: $310M → $324M (+$14.1M)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$13.2M |
| 2 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$1.88M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.55M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.36M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$520K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.94M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$2.77M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.37M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
51
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $8K | – | – | – |
|
|
PAI
52
Pittenger & Anderson Inc
Lincoin,
Nebraska
| $2K | – | – | – |
|
|
AT
53
Arden Trust
Wilmington,
Delaware
| – | -$603K | -15,000 | Closed |
|
|
BRWM
54
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$296K | -7,367 | Closed |
|
|
SPC
55
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$212K | -5,266 | Closed |
|
56
Envestnet Asset Management
Chicago,
Illinois
| – | -$40K | -1,002 | Closed |
|
QQEW Hedge Fund Activity: Q4 2015 in Review
53 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q4 2015, worth a combined $324M — up 4.6% from $310M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new QQEW positions and 4 closed out — a net gain of 4 holders — while 15 added to existing stakes and 23 trimmed.
The largest buyer was LPL Financial, adding an estimated $13.2M. The largest seller was Morgan Stanley, cutting an estimated $13.9M.
- 53 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q4 2015, up from 50 in Q3 2015.
- Funds reported $324M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q4 2015, up 4.6% quarter-over-quarter.
- 8 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q4 2015 and 4 closed out, a net change of +4 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q4 2015 was LPL Financial, an estimated $13.2M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q4 2015 was Morgan Stanley, an estimated $13.9M sold.
Based on aggregated 13F filings for Q4 2015.