First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
146 hedge funds and large institutions have $748M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2021 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 46 increasing their positions, 52 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
7% more funds holding
Funds holding: 136 → 146 (+10)
7% more capital invested
Capital invested by funds: $697M → $748M (+$50.9M)
0.71% more ownership
Funds ownership: 59.42% → 60.13% (+0.71%)
12% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 52
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$22M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$9.62M |
| 3 |
WI
Wintrust Investments
Chicago,
Illinois
|
+$7.71M |
| 4 |
AFS
Aft Forsyth & Sober
Valrico,
Florida
|
+$7.54M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$7.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$21.5M |
| 2 |
Morgan Stanley
New York
|
-$14.9M |
| 3 |
NFG
Norris Financial Group
Greenville,
South Carolina
|
-$3.83M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$3.22M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GIA
151
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
| – | -$724K | -7,180 | Closed |
|
|
FWM
152
Foresight Wealth Management
Draper,
Utah
| – | -$480K | -4,760 | Closed |
|
|
CAN
153
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$431K | -4,273 | Closed |
|
|
BFG
154
Bouchey Financial Group
Troy,
New York
| – | -$292K | -2,898 | Closed |
|
|
RA
155
RFG Advisory
Birmingham,
Alabama
| – | -$266K | -2,574 | Closed |
|
156
HighTower Advisors
Chicago,
Illinois
| – | -$226K | -2,413 | Closed |
|
|
TI
157
tru Independence
Portland,
Oregon
| – | -$159 | -1,581 | Closed |
|
|
D
158
Diversified
Wilmington,
Delaware
| – | -$36K | -420 | Closed |
|
|
APA
159
American Portfolios Advisors
Holbrook,
New York
| – | -$1.92K | -19 | Closed |
|
QQEW Hedge Fund Activity: Q1 2021 in Review
146 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q1 2021, worth a combined $748M — up 7.3% from $697M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new QQEW positions and 12 closed out — a net gain of 11 holders — while 46 added to existing stakes and 52 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $22M. The largest seller was Bank of America, cutting an estimated $21.5M.
- 146 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q1 2021, up from 136 in Q4 2020.
- Funds reported $748M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q1 2021, up 7.3% quarter-over-quarter.
- 23 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q1 2021 and 12 closed out, a net change of +11 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q1 2021 was Raymond James Financial Services Advisors, an estimated $22M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q1 2021 was Bank of America, an estimated $21.5M sold.
Based on aggregated 13F filings for Q1 2021.