First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
79 hedge funds and large institutions have $227M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
3% more funds holding
Funds holding: 77 → 79 (+2)
8% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 26
0.67% less ownership
Funds ownership: 49.85% → 49.18% (-0.67%)
22% less capital invested
Capital invested by funds: $290M → $227M (-$63.1M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$3.67M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$2.46M |
| 3 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$1.34M |
| 4 |
SWM
Shakespeare Wealth Management
Pewaukee,
Wisconsin
|
+$1.32M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$17.2M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.92M |
| 3 |
Morgan Stanley
New York
|
-$5.67M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$4.31M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.34M |
QQEW Hedge Fund Activity: Q4 2018 in Review
79 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q4 2018, worth a combined $227M — down 22% from $290M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new QQEW positions and 10 closed out — a net gain of 2 holders — while 28 added to existing stakes and 26 trimmed.
The largest buyer was Barometer Capital Management, opening a new position worth an estimated $3.67M. The largest seller was Transamerica Financial Advisors, exiting entirely with an estimated $17.2M sold.
- 79 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q4 2018, up from 77 in Q3 2018.
- Funds reported $227M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q4 2018, down 22% quarter-over-quarter.
- 12 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q4 2018 and 10 closed out, a net change of +2 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q4 2018 was Barometer Capital Management, an estimated $3.67M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q4 2018 was Transamerica Financial Advisors, an estimated $17.2M sold.
Based on aggregated 13F filings for Q4 2018.