First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
156 hedge funds and large institutions have $683M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 45 increasing their positions, 59 reducing their positions, and 30 closing their positions.
1.57% less ownership
Funds ownership: 58.54% → 56.97% (-1.6%)
10% less funds holding
Funds holding: 174 → 156 (-18)
16% less capital invested
Capital invested by funds: $814M → $683M (-$131M)
24% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 59
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
50% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.5M |
| 2 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$6.93M |
| 3 |
Morgan Stanley
New York
|
+$5.39M |
| 4 |
FFG
Frisch Financial Group
Melville,
New York
|
+$2.12M |
| 5 |
Goldman Sachs
New York
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
-$8M |
| 2 |
BBA
Braun-Bostich & Associates
Canonsburg,
Pennsylvania
|
-$8M |
| 3 |
GLA
Good Life Advisors
Reading,
Pennsylvania
|
-$7.39M |
| 4 |
AFS
Aft Forsyth & Sober
Valrico,
Florida
|
-$6.95M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PPA
176
Parametric Portfolio Associates
Seattle,
Washington
| – | -$202K | -1,701 | Closed |
|
|
CA
177
CoreCap Advisors
Southfield,
Michigan
| – | -$172K | -1,455 | Closed |
|
|
GWM
178
Geneos Wealth Management
Englewood,
Colorado
| – | -$145K | -1,225 | Closed |
|
|
SF
179
SBK Financial
Richmond,
Virginia
| – | -$107K | -900 | Closed |
|
|
GWSG
180
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$48K | -407 | Closed |
|
|
FPWM
181
FSB Premier Wealth Management
Waterloo,
Iowa
| – | -$23K | -196 | Closed |
|
|
SFPG
182
Stonebridge Financial Planning Group
Orlando,
Florida
| – | -$16K | -150 | Closed |
|
|
CAL
183
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$12K | -100 | Closed |
|
|
CB
184
CNB Bank
Clearfield,
Pennsylvania
| – | -$5K | -41 | Closed |
|
|
WWMSC
185
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| – | -$2K | -17 | Closed |
|
|
MA
186
Montag & Associates
Atlanta,
Georgia
| – | -$1K | -6 | Closed |
|
187
Simplex Trading
Chicago,
Illinois
| – | +$106 | +1 | New |
|
QQEW Hedge Fund Activity: Q1 2022 in Review
156 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q1 2022, worth a combined $683M — down 16% from $814M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of QQEW and 15 opened new positions — a net loss of 15 holders — while 59 trimmed existing stakes and 45 added.
The largest buyer was Envestnet Asset Management, adding an estimated $7.5M. The largest seller was Affinity Wealth Management, exiting entirely with an estimated $8M sold.
- 156 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q1 2022, down from 174 in Q4 2021.
- Funds reported $683M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q1 2022, down 16% quarter-over-quarter.
- 15 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q1 2022 and 30 closed out, a net change of -15 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q1 2022 was Envestnet Asset Management, an estimated $7.5M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q1 2022 was Affinity Wealth Management, an estimated $8M sold.
Based on aggregated 13F filings for Q1 2022.