First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
197 hedge funds and large institutions have $1.25B invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2023 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 82 increasing their positions, 37 reducing their positions, and 10 closing their positions.
828% more call options, than puts
Call options by funds: $2.38M | Put options by funds: $257K
270% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 10
122% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 37
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
40% more capital invested
Capital invested by funds: $890M → $1.25B (+$360M)
16% more funds holding
Funds holding: 170 → 197 (+27)
4.27% more ownership
Funds ownership: 63.05% → 67.32% (+4.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
+$42.4M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$33M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$30.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$28.1M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
-$35.2M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$13.7M |
| 3 |
BIM
Bullseye Investment Management
Cincinnati,
Ohio
|
-$10.4M |
| 4 |
NFG
Norris Financial Group
Greenville,
South Carolina
|
-$2.18M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.56M |
QQEW Hedge Fund Activity: Q2 2023 in Review
197 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q2 2023, worth a combined $1.25B — up 40% from $890M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new QQEW positions and 10 closed out — a net gain of 27 holders — while 82 added to existing stakes and 37 trimmed.
The largest buyer was AdvisorShares Investments, opening a new position worth an estimated $42.4M. The largest seller was Mach-1 Financial Group, exiting entirely with an estimated $35.2M sold.
- 197 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q2 2023, up from 170 in Q1 2023.
- Funds reported $1.25B of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q2 2023, up 40% quarter-over-quarter.
- 37 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q2 2023 and 10 closed out, a net change of +27 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q2 2023 was AdvisorShares Investments, an estimated $42.4M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q2 2023 was Mach-1 Financial Group, an estimated $35.2M sold.
Based on aggregated 13F filings for Q2 2023.