First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
108 hedge funds and large institutions have $358M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 30 increasing their positions, 39 reducing their positions, and 25 closing their positions.
7% less funds holding
Funds holding: 116 → 108 (-8)
7.17% less ownership
Funds ownership: 62.67% → 55.51% (-7.2%)
20% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 25
23% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 39
36% less capital invested
Capital invested by funds: $560M → $358M (-$201M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$6.81M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.82M |
| 3 |
LPL Financial
San Diego,
California
|
+$5.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.8M |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$40.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$23.1M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$16.4M |
| 4 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
-$13.7M |
| 5 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$13.7M |
QQEW Hedge Fund Activity: Q1 2020 in Review
108 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q1 2020, worth a combined $358M — down 36% from $560M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of QQEW and 20 opened new positions — a net loss of 5 holders — while 39 trimmed existing stakes and 30 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $6.81M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $40.3M.
- 108 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q1 2020, down from 116 in Q4 2019.
- Funds reported $358M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q1 2020, down 36% quarter-over-quarter.
- 20 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q1 2020 and 25 closed out, a net change of -5 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q1 2020 was Citadel Advisors, an estimated $6.81M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q1 2020 was Raymond James Financial Services Advisors, an estimated $40.3M sold.
Based on aggregated 13F filings for Q1 2020.