First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
166 hedge funds and large institutions have $643M invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2022 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 58 increasing their positions, 49 reducing their positions, and 14 closing their positions.
121% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 14
18% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 49
8% more funds holding
Funds holding: 153 → 166 (+13)
2% more capital invested
Capital invested by funds: $628M → $643M (+$14.6M)
1.3% less ownership
Funds ownership: 60.52% → 59.21% (-1.3%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| 1 |
Wells Fargo
San Francisco,
California
|
+$15.5M |
| 2 |
Morgan Stanley
New York
|
+$12.8M |
| 3 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$7.43M |
| 4 |
BWA
BDO Wealth Advisors
Jacksonville,
Florida
|
+$3.49M |
| 5 |
LPL Financial
San Diego,
California
|
+$3.23M |
Top Sellers
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
-$49.1M |
| 2 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
-$22.3M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.89M |
| 4 |
FFG
Frisch Financial Group
Melville,
New York
|
-$4.82M |
| 5 |
Goldman Sachs
New York
|
-$4.35M |
QQEW Hedge Fund Activity: Q4 2022 in Review
166 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q4 2022, worth a combined $643M — up 2.3% from $628M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new QQEW positions and 14 closed out — a net gain of 17 holders — while 58 added to existing stakes and 49 trimmed.
The largest buyer was Wells Fargo, adding an estimated $15.5M. The largest seller was Total Investment Management, cutting an estimated $49.1M.
- 166 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q4 2022, up from 153 in Q3 2022.
- Funds reported $643M of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q4 2022, up 2.3% quarter-over-quarter.
- 31 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q4 2022 and 14 closed out, a net change of +17 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q4 2022 was Wells Fargo, an estimated $15.5M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q4 2022 was Total Investment Management, an estimated $49.1M sold.
Based on aggregated 13F filings for Q4 2022.