First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
68 hedge funds and large institutions have $292M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2017 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
19% more funds holding
Funds holding: 57 → 68 (+11)
18% more capital invested
Capital invested by funds: $248M → $292M (+$44M)
2.73% less ownership
Funds ownership: 55.04% → 52.31% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
+$23.7M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$12.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$9.18M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.6M |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$6.87M |
| 2 |
LPL Financial
San Diego,
California
|
-$3.01M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.51M |
| 4 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$1.96M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.68M |
QQEW Hedge Fund Activity: Q2 2017 in Review
68 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q2 2017, worth a combined $292M — up 18% from $248M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new QQEW positions and 5 closed out — a net gain of 11 holders — while 26 added to existing stakes and 19 trimmed.
The largest buyer was Stadion Money Management, opening a new position worth an estimated $23.7M. The largest seller was UBS Group, cutting an estimated $6.87M.
- 68 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q2 2017, up from 57 in Q1 2017.
- Funds reported $292M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q2 2017, up 18% quarter-over-quarter.
- 16 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q2 2017 and 5 closed out, a net change of +11 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q2 2017 was Stadion Money Management, an estimated $23.7M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q2 2017 was UBS Group, an estimated $6.87M sold.
Based on aggregated 13F filings for Q2 2017.