First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
75 hedge funds and large institutions have $243M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 29 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
9% more funds holding
Funds holding: 69 → 75 (+6)
0% less capital invested
Capital invested by funds: $244M → $243M (-$364K)
1.78% less ownership
Funds ownership: 46.92% → 45.13% (-1.8%)
28% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 29
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $266K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$756K |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$680K |
| 3 |
WI
Wintrust Investments
Chicago,
Illinois
|
+$573K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$354K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$327K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$9.18M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$4.72M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.42M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.18M |
| 5 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Citadel Advisors
Miami,
Florida
| – | -$1.42M | -25,535 | Closed |
|
77
Ameriprise
Minneapolis,
Minnesota
| – | -$962K | -17,318 | Closed |
|
|
NWP
78
Northstar Wealth Partners
West Hartford,
Connecticut
| – | -$484K | -8,632 | Closed |
|
79
Jane Street
New York
| – | -$292K | -5,258 | Closed |
|
|
PAG
80
Private Advisor Group
Morristown,
New Jersey
| – | -$272K | -4,843 | Closed |
|
|
VF
81
Virtu Financial
New York
| – | -$237K | -4,263 | Closed |
|
82
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$15K | -275 | Closed |
|
83
BlackRock
New York
| – | -$8K | -140 | Closed |
|
84
SEI Investments
Oaks,
Pennsylvania
| – | -$2K | -38 | Closed |
|
QQEW Hedge Fund Activity: Q4 2017 in Review
75 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q4 2017, worth a combined $243M — down 0.15% from $244M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new QQEW positions and 10 closed out — a net gain of 7 holders — while 21 added to existing stakes and 29 trimmed.
The largest buyer was Bank of America, adding an estimated $756K. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $9.18M sold.
- 75 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q4 2017, up from 69 in Q3 2017.
- Funds reported $243M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q4 2017, down 0.15% quarter-over-quarter.
- 17 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q4 2017 and 10 closed out, a net change of +7 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q4 2017 was Bank of America, an estimated $756K added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q4 2017 was Raymond James Financial Services Advisors, an estimated $9.18M sold.
Based on aggregated 13F filings for Q4 2017.