First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
73 hedge funds and large institutions have $272M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
32% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 22
8% more capital invested
Capital invested by funds: $252M → $272M (+$19.8M)
2.1% more ownership
Funds ownership: 47.81% → 49.9% (+2.1%)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
1% less funds holding
Funds holding: 74 → 73 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$6.51M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$5.95M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$2.86M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.76M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.11M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.69M |
| 3 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$1.38M |
| 4 |
AIM
Advantage Investment Management
Cedar Rapids,
Iowa
|
-$779K |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$455K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DAS
76
Dynamic Advisor Solutions
Phoenix,
Arizona
| – | -$225K | -3,815 | Closed |
|
77
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$26K | -440 | Closed |
|
|
WAP
78
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$16K | -270 | Closed |
|
|
APP
79
Avantax Planning Partners
Dubuque,
Iowa
| – | -$5K | -78 | Closed |
|
QQEW Hedge Fund Activity: Q2 2018 in Review
73 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q2 2018, worth a combined $272M — up 7.8% from $252M a quarter earlier.
Fund positioning in QQEW was balanced in Q2 2018: 7 funds opened new positions, 7 closed out, 29 added to existing stakes and 22 trimmed.
The largest buyer was Transamerica Financial Advisors, adding an estimated $6.51M. The largest seller was Jane Street, cutting an estimated $3.11M.
- 73 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q2 2018, down from 74 in Q1 2018.
- Funds reported $272M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q2 2018, up 7.8% quarter-over-quarter.
- 7 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q2 2018 and 7 closed out, a net change of 0 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q2 2018 was Transamerica Financial Advisors, an estimated $6.51M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q2 2018 was Jane Street, an estimated $3.11M sold.
Based on aggregated 13F filings for Q2 2018.