First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
122 hedge funds and large institutions have $489M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2020 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 46 increasing their positions, 33 reducing their positions, and 9 closing their positions.
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
39% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 33
36% more capital invested
Capital invested by funds: $358M → $489M (+$131M)
13% more funds holding
Funds holding: 108 → 122 (+14)
2.17% more ownership
Funds ownership: 55.51% → 57.68% (+2.2%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$16.4M |
| 2 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$15.6M |
| 3 |
Goldman Sachs
New York
|
+$12M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.47M |
| 5 |
Millennium Management
New York
|
+$2.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SL
Savior LLC
Wellesley Hills,
Massachusetts
|
-$8.37M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.36M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.92M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.46M |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$2.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIAN
126
Mariner Independent Advisor Network
Overland Park,
Kansas
| – | -$647K | -10,808 | Closed |
|
|
TI
127
Trexquant Investment
Stamford,
Connecticut
| – | -$502K | -8,055 | Closed |
|
|
CA
128
Calton & Associates
Tampa,
Florida
| – | -$286K | -4,593 | Closed |
|
|
HIIFS
129
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
| – | -$249K | -4,000 | Closed |
|
|
WAP
130
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$62K | -1,000 | Closed |
|
131
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$54K | -906 | Closed |
|
QQEW Hedge Fund Activity: Q2 2020 in Review
122 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q2 2020, worth a combined $489M — up 36% from $358M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new QQEW positions and 9 closed out — a net gain of 14 holders — while 46 added to existing stakes and 33 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $16.4M. The largest seller was Savior LLC, cutting an estimated $8.37M.
- 122 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q2 2020, up from 108 in Q1 2020.
- Funds reported $489M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q2 2020, up 36% quarter-over-quarter.
- 23 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q2 2020 and 9 closed out, a net change of +14 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q2 2020 was Morgan Stanley, an estimated $16.4M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q2 2020 was Savior LLC, an estimated $8.37M sold.
Based on aggregated 13F filings for Q2 2020.