First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
77 hedge funds and large institutions have $290M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
7% more capital invested
Capital invested by funds: $272M → $290M (+$18M)
5% more funds holding
Funds holding: 73 → 77 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.05% less ownership
Funds ownership: 49.9% → 49.85% (-0.05%)
19% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$6.52M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$4.17M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$3.57M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.87M |
| 5 |
LA
LexAurum Advisors
Overland Park,
Kansas
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.3M |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
-$2.89M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.27M |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$2.12M |
| 5 |
Morgan Stanley
New York
|
-$1.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWM
76
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$1.63M | -99,095 | Closed |
|
77
Jane Street
New York
| – | -$1.75M | -28,983 | Closed |
|
|
CAN
78
Cetera Advisor Networks
El Segundo,
California
| – | -$589K | -9,760 | Closed |
|
|
FAAS
79
First Allied Advisory Services
San Diego,
California
| – | -$227K | -3,772 | Closed |
|
|
WLIM
80
White Lighthouse Investment Management
Bedford,
Massachusetts
| – | -$218K | -3,600 | Closed |
|
|
SPC
81
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$213K | -3,517 | Closed |
|
|
CF
82
Centaurus Financial
Anaheim,
California
| – | -$49K | -813 | Closed |
|
|
AIM
83
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$16K | -263 | Closed |
|
84
Fidelity Investments
Boston,
Massachusetts
| – | +$63 | +1 | New |
|
QQEW Hedge Fund Activity: Q3 2018 in Review
77 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q3 2018, worth a combined $290M — up 6.6% from $272M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new QQEW positions and 8 closed out — a net gain of 4 holders — while 21 added to existing stakes and 26 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $6.52M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $3.3M.
- 77 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q3 2018, up from 73 in Q2 2018.
- Funds reported $290M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q3 2018, up 6.6% quarter-over-quarter.
- 12 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q3 2018 and 8 closed out, a net change of +4 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q3 2018 was Raymond James & Associates, an estimated $6.52M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q3 2018 was Raymond James Financial Services Advisors, an estimated $3.3M sold.
Based on aggregated 13F filings for Q3 2018.