First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
136 hedge funds and large institutions have $697M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2020 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 38 increasing their positions, 57 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
31% more capital invested
Capital invested by funds: $530M → $697M (+$166M)
8% more funds holding
Funds holding: 126 → 136 (+10)
1.87% more ownership
Funds ownership: 57.55% → 59.42% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
33% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$65.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$18.6M |
| 3 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$4.65M |
| 4 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$3.01M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$7.82M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$5.59M |
| 3 |
WI
Wintrust Investments
Chicago,
Illinois
|
-$3.58M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.87M |
| 5 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
-$2.46M |
QQEW Hedge Fund Activity: Q4 2020 in Review
136 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q4 2020, worth a combined $697M — up 31% from $530M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new QQEW positions and 10 closed out — a net gain of 11 holders — while 38 added to existing stakes and 57 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $65.4M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $7.82M.
- 136 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q4 2020, up from 126 in Q3 2020.
- Funds reported $697M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q4 2020, up 31% quarter-over-quarter.
- 21 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q4 2020 and 10 closed out, a net change of +11 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q4 2020 was Morgan Stanley, an estimated $65.4M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q4 2020 was Raymond James Financial Services Advisors, an estimated $7.82M sold.
Based on aggregated 13F filings for Q4 2020.