First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
158 hedge funds and large institutions have $733M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2021 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 38 increasing their positions, 63 reducing their positions, and 12 closing their positions.
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
8% more funds holding
Funds holding: 146 → 158 (+12)
2% less capital invested
Capital invested by funds: $748M → $733M (-$14.6M)
2.95% less ownership
Funds ownership: 60.13% → 57.18% (-2.9%)
40% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.64M |
| 2 |
AFS
Access Financial Services
Minneapolis,
Minnesota
|
+$4.29M |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$4.03M |
| 4 |
GSC
G&S Capital
Denver,
Colorado
|
+$3.85M |
| 5 |
PWS
Precision Wealth Strategies
Saint Louis,
Missouri
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$30.7M |
| 2 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
-$18.6M |
| 3 |
Morgan Stanley
New York
|
-$17.6M |
| 4 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$5.77M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.95M |
QQEW Hedge Fund Activity: Q2 2021 in Review
158 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q2 2021, worth a combined $733M — down 1.9% from $748M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new QQEW positions and 12 closed out — a net gain of 12 holders — while 38 added to existing stakes and 63 trimmed.
The largest buyer was Bank of America, adding an estimated $6.64M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $30.7M.
- 158 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q2 2021, up from 146 in Q1 2021.
- Funds reported $733M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q2 2021, down 1.9% quarter-over-quarter.
- 24 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q2 2021 and 12 closed out, a net change of +12 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q2 2021 was Bank of America, an estimated $6.64M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q2 2021 was Raymond James Financial Services Advisors, an estimated $30.7M sold.
Based on aggregated 13F filings for Q2 2021.