First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
170 hedge funds and large institutions have $890M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2023 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 57 increasing their positions, 52 reducing their positions, and 18 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
38% more capital invested
Capital invested by funds: $643M → $890M (+$247M)
33% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 18
3.84% more ownership
Funds ownership: 59.21% → 63.05% (+3.8%)
2% more funds holding
Funds holding: 166 → 170 (+4)
10% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$53.3M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$18.6M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$12M |
| 4 |
BIM
Bullseye Investment Management
Cincinnati,
Ohio
|
+$10.3M |
| 5 |
AC
AIFG Consultants
Halfmoon,
New York
|
+$7.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$9.44M |
| 2 |
Morgan Stanley
New York
|
-$6.26M |
| 3 |
Goldman Sachs
New York
|
-$3.48M |
| 4 |
PWS
Precision Wealth Strategies
Saint Louis,
Missouri
|
-$2.09M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.8M |
QQEW Hedge Fund Activity: Q1 2023 in Review
170 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q1 2023, worth a combined $890M — up 38% from $643M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new QQEW positions and 18 closed out — a net gain of 6 holders — while 57 added to existing stakes and 52 trimmed.
The largest buyer was Total Investment Management, adding an estimated $53.3M. The largest seller was UBS Group, cutting an estimated $9.44M.
- 170 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q1 2023, up from 166 in Q4 2022.
- Funds reported $890M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q1 2023, up 38% quarter-over-quarter.
- 24 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q1 2023 and 18 closed out, a net change of +6 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q1 2023 was Total Investment Management, an estimated $53.3M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q1 2023 was UBS Group, an estimated $9.44M sold.
Based on aggregated 13F filings for Q1 2023.