First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
159 hedge funds and large institutions have $750M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2021 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 61 increasing their positions, 43 reducing their positions, and 12 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 43
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
2% more capital invested
Capital invested by funds: $733M → $750M (+$16.8M)
1% more funds holding
Funds holding: 158 → 159 (+1)
0.35% more ownership
Funds ownership: 57.18% → 57.53% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLA
Good Life Advisors
Reading,
Pennsylvania
|
+$26M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$6.11M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$5.84M |
| 4 |
Goldman Sachs
New York
|
+$3.24M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$26M |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$3.02M |
| 3 |
Morgan Stanley
New York
|
-$2.96M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.74M |
| 5 |
PWS
Precision Wealth Strategies
Saint Louis,
Missouri
|
-$904K |
QQEW Hedge Fund Activity: Q3 2021 in Review
159 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q3 2021, worth a combined $750M — up 2.3% from $733M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new QQEW positions and 12 closed out — a net gain of 4 holders — while 61 added to existing stakes and 43 trimmed.
The largest buyer was Good Life Advisors, opening a new position worth an estimated $26M. The largest seller was Level Four Advisory Services, cutting an estimated $26M.
- 159 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q3 2021, up from 158 in Q2 2021.
- Funds reported $750M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q3 2021, up 2.3% quarter-over-quarter.
- 16 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q3 2021 and 12 closed out, a net change of +4 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q3 2021 was Good Life Advisors, an estimated $26M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q3 2021 was Level Four Advisory Services, an estimated $26M sold.
Based on aggregated 13F filings for Q3 2021.