First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
69 hedge funds and large institutions have $244M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2017 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 30 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
1% more funds holding
Funds holding: 68 → 69 (+1)
5.4% less ownership
Funds ownership: 52.31% → 46.92% (-5.4%)
17% less capital invested
Capital invested by funds: $292M → $244M (-$48.7M)
47% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.68M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.39M |
| 3 |
Morgan Stanley
New York
|
+$964K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
+$794K |
| 5 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$778K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$23.9M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$12.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.06M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.06M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.98M |
QQEW Hedge Fund Activity: Q3 2017 in Review
69 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q3 2017, worth a combined $244M — down 17% from $292M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new QQEW positions and 10 closed out — a net gain of 2 holders — while 16 added to existing stakes and 30 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.68M. The largest seller was Stadion Money Management, exiting entirely with an estimated $23.9M sold.
- 69 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q3 2017, up from 68 in Q2 2017.
- Funds reported $244M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q3 2017, down 17% quarter-over-quarter.
- 12 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q3 2017 and 10 closed out, a net change of +2 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q3 2017 was Susquehanna International Group, an estimated $1.68M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q3 2017 was Stadion Money Management, an estimated $23.9M sold.
Based on aggregated 13F filings for Q3 2017.