First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
52 hedge funds and large institutions have $216M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 25 reducing their positions, and 6 closing their positions.
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
2% less funds holding
Funds holding: 53 → 52 (-1)
33% less capital invested
Capital invested by funds: $324M → $216M (-$108M)
36% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 25
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
+$5.92M |
| 2 |
AIM
Advantage Investment Management
Cedar Rapids,
Iowa
|
+$5.64M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.71M |
| 4 |
VF
Virtu Financial
New York
|
+$1.68M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFS
Aft Forsyth & Sober
Valrico,
Florida
|
-$32.8M |
| 2 |
Morgan Stanley
New York
|
-$23.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$16.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$7.76M |
| 5 |
LPL Financial
San Diego,
California
|
-$6.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAI
51
Pittenger & Anderson Inc
Lincoin,
Nebraska
| $5K | +$2.21K | +55 | +100% |
|
|
CS
52
Credit Suisse
Zurich,
Switzerland
| – | -$2.26M | -51,986 | Closed |
|
|
VFS
53
VSR Financial Services
Overland Park,
Kansas
| – | -$1.89M | -43,445 | Closed |
|
54
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$264K | -6,062 | Closed |
|
|
CFA
55
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$48K | -1,115 | Closed |
|
|
MWM
56
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$11K | -244 | Closed |
|
|
WT
57
Whittier Trust
South Pasadena,
California
| – | -$10K | -230 | Closed |
|
QQEW Hedge Fund Activity: Q1 2016 in Review
52 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q1 2016, worth a combined $216M — down 33% from $324M a quarter earlier.
Fund positioning in QQEW was balanced in Q1 2016: 6 funds opened new positions, 6 closed out, 16 added to existing stakes and 25 trimmed.
The largest buyer was American International Group, adding an estimated $5.92M. The largest seller was Aft Forsyth & Sober, cutting an estimated $32.8M.
- 52 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q1 2016, down from 53 in Q4 2015.
- Funds reported $216M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q1 2016, down 33% quarter-over-quarter.
- 6 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q1 2016 and 6 closed out, a net change of 0 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q1 2016 was American International Group, an estimated $5.92M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q1 2016 was Aft Forsyth & Sober, an estimated $32.8M sold.
Based on aggregated 13F filings for Q1 2016.