First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
51 hedge funds and large institutions have $195M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 28 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 52 → 51 (-1)
10% less capital invested
Capital invested by funds: $216M → $195M (-$20.9M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
61% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$751K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$714K |
| 3 |
AIM
Advantage Investment Management
Cedar Rapids,
Iowa
|
+$581K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$370K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$330K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$12.6M |
| 2 |
LPL Financial
San Diego,
California
|
-$9.54M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.51M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.9M |
| 5 |
NEPWA
New England Private Wealth Advisors
Wellesley,
Massachusetts
|
-$1.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
51
American International Group
New York
| – | -$12.6M | -297,756 | Closed |
|
|
JIP
52
Jaffetilchin Investment Partners
Tampa,
Florida
| – | -$958K | -22,691 | Closed |
|
53
Northern Trust
Chicago,
Illinois
| – | -$342K | -8,104 | Closed |
|
|
AIIMS
54
Analyst IMS Investment Management Services
Tel-Aviv,
Israel
| – | -$338K | -8,000 | Closed |
|
QQEW Hedge Fund Activity: Q2 2016 in Review
51 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q2 2016, worth a combined $195M — down 9.7% from $216M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of QQEW and 3 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 11 added.
The largest buyer was Timber Hill, opening a new position worth an estimated $751K. The largest seller was American International Group, exiting entirely with an estimated $12.6M sold.
- 51 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q2 2016, down from 52 in Q1 2016.
- Funds reported $195M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q2 2016, down 9.7% quarter-over-quarter.
- 3 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q2 2016 and 4 closed out, a net change of -1 holder.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q2 2016 was Timber Hill, an estimated $751K added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q2 2016 was American International Group, an estimated $12.6M sold.
Based on aggregated 13F filings for Q2 2016.