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First Trust Nasdaq-100 Select Equal Weight ETF

146 hedge funds and large institutions have $748M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2021 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 46 increasing their positions, 52 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 12

7% more funds holding

Funds holding: 136146 (+10)

7% more capital invested

Capital invested by funds: $697M → $748M (+$50.9M)

0.71% more ownership

Funds ownership: 59.42%60.13% (+0.71%)

12% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 52

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
146
Holders Change
+10
Holders Change %
+7.35%
% of All Funds
2.56%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
23
Increased
46
Reduced
52
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$148M -$14.9M -144,363 -9%
Wells Fargo
2
Wells Fargo
California
$72.3M -$2.79M -27,064 -4%
RJA
3
Raymond James & Associates
Florida
$70.1M +$756K +7,326 +1%
UBS Group
4
UBS Group
Switzerland
$55.6M +$7.45M +72,224 +15%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$43.7M +$22M +213,322 +102%
AWM
6
Affinity Wealth Management
Delaware
$26.9M +$206K +1,999 +0.8%
LFAS
7
Level Four Advisory Services
Texas
$23.9M -$213K -2,067 -0.9%
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$21.2M +$9.62M +93,273 +84%
LPL Financial
9
LPL Financial
California
$19.9M +$1.3M +12,560 +7%
Bank of America
10
Bank of America
North Carolina
$17.5M -$21.5M -208,623 -55%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$17.2M +$2.78M +26,936 +19%
Stifel Financial
12
Stifel Financial
Missouri
$16.4M +$1.22M +11,856 +8%
JMPWA
13
JP Morgan Private Wealth Advisors
California
$15.9M -$627K -6,077 -4%
MF
14
Manchester Financial
California
$12.1M +$3.78M +36,680 +46%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$11.7M +$1.12M +10,862 +11%
Truist Financial
16
Truist Financial
North Carolina
$10.2M -$614K -5,954 -6%
Osaic Holdings
17
Osaic Holdings
Arizona
$9.26M +$2.91M +28,198 +46%
NEPWA
18
New England Private Wealth Advisors
Massachusetts
$8.77M -$37.2K -361 -0.4%
AFS
19
Aft Forsyth & Sober
Florida
$7.77M +$7.54M +73,100 +3,361%
WI
20
Wintrust Investments
Illinois
$7.72M +$7.71M +74,767 New
IAIM
21
International Assets Investment Management
Florida
$7.18M +$2.89M +28,052 +95%
KAS
22
Kestra Advisory Services
Texas
$7.09M -$321K -3,112 -4%
SBH
23
Segall Bryant & Hamill
Illinois
$6.92M -$61.6K -597 -0.9%
PAG
24
Private Advisory Group
Washington
$5.77M +$5.09M +49,383 +762%
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$5.37M +$2.4M +23,301 +81%

QQEW Hedge Fund Activity: Q1 2021 in Review

146 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q1 2021, worth a combined $748M — up 7.3% from $697M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new QQEW positions and 12 closed out — a net gain of 11 holders — while 46 added to existing stakes and 52 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $22M. The largest seller was Bank of America, cutting an estimated $21.5M.

  • 146 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q1 2021, up from 136 in Q4 2020.
  • Funds reported $748M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q1 2021, up 7.3% quarter-over-quarter.
  • 23 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q1 2021 and 12 closed out, a net change of +11 holders.
  • The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q1 2021 was Raymond James Financial Services Advisors, an estimated $22M added.
  • The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q1 2021 was Bank of America, an estimated $21.5M sold.

Based on aggregated 13F filings for Q1 2021.