First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
222 hedge funds and large institutions have $1.25B invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2024 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 63 increasing their positions, 89 reducing their positions, and 24 closing their positions.
0.87% less ownership
Funds ownership: 64.83% → 63.96% (-0.87%)
4% less funds holding
Funds holding: 231 → 222 (-9)
7% less capital invested
Capital invested by funds: $1.34B → $1.25B (-$91.4M)
29% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 24
29% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 89
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLA
Good Life Advisors
Reading,
Pennsylvania
|
+$15.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.58M |
| 3 |
DWM
Darwin Wealth Management
Tampa,
Florida
|
+$6.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.59M |
| 5 |
Goldman Sachs
New York
|
+$3.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$30.9M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$15M |
| 3 |
LPL Financial
San Diego,
California
|
-$13M |
| 4 |
Morgan Stanley
New York
|
-$12.6M |
| 5 |
GWAG
Garrett Wealth Advisory Group
Weatherford,
Texas
|
-$11.4M |
QQEW Hedge Fund Activity: Q3 2024 in Review
222 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q3 2024, worth a combined $1.25B — down 6.8% from $1.34B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of QQEW and 17 opened new positions — a net loss of 7 holders — while 89 trimmed existing stakes and 63 added.
The largest buyer was Good Life Advisors, adding an estimated $15.3M. The largest seller was Wells Fargo, cutting an estimated $30.9M.
- 222 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q3 2024, down from 231 in Q2 2024.
- Funds reported $1.25B of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q3 2024, down 6.8% quarter-over-quarter.
- 17 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q3 2024 and 24 closed out, a net change of -7 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q3 2024 was Good Life Advisors, an estimated $15.3M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q3 2024 was Wells Fargo, an estimated $30.9M sold.
Based on aggregated 13F filings for Q3 2024.