First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
57 hedge funds and large institutions have $248M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
17% more capital invested
Capital invested by funds: $213M → $248M (+$35.9M)
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
2.49% more ownership
Funds ownership: 52.55% → 55.04% (+2.5%)
2% more funds holding
Funds holding: 56 → 57 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.81M |
| 2 |
Morgan Stanley
New York
|
+$6.24M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.4M |
| 4 |
NEPWA
New England Private Wealth Advisors
Wellesley,
Massachusetts
|
+$2.44M |
| 5 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$8.31M |
| 2 |
Goldman Sachs
New York
|
-$2.5M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$2.41M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.05M |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$1.02M |
QQEW Hedge Fund Activity: Q1 2017 in Review
57 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q1 2017, worth a combined $248M — up 17% from $213M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new QQEW positions and 4 closed out — a net gain of 3 holders — while 22 added to existing stakes and 20 trimmed.
The largest buyer was Wells Fargo, adding an estimated $6.81M. The largest seller was Raymond James & Associates, cutting an estimated $8.31M.
- 57 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q1 2017, up from 56 in Q4 2016.
- Funds reported $248M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q1 2017, up 17% quarter-over-quarter.
- 7 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q1 2017 and 4 closed out, a net change of +3 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q1 2017 was Wells Fargo, an estimated $6.81M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q1 2017 was Raymond James & Associates, an estimated $8.31M sold.
Based on aggregated 13F filings for Q1 2017.