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First Trust Nasdaq-100 Select Equal Weight ETF

197 hedge funds and large institutions have $1.25B invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2023 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 82 increasing their positions, 37 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

828% more call options, than puts

Call options by funds: $2.38M | Put options by funds: $257K

270% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 10

122% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 37

50% more funds holding in top 10

Funds holding in top 10: 69 (+3)

40% more capital invested

Capital invested by funds: $890M → $1.25B (+$360M)

16% more funds holding

Funds holding: 170197 (+27)

4.27% more ownership

Funds ownership: 63.05%67.32% (+4.3%)

Holders
197
Holders Change
+27
Holders Change %
+15.88%
% of All Funds
3.09%
Holding in Top 10
9
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+50%
% of All Funds
0.14%
New
37
Increased
82
Reduced
37
Closed
10
Calls
$2.38M
Puts
$257K
Net Calls
+$2.13M
Net Calls Change
+$1.72M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$191M +$15.7M +155,193 +10%
Wells Fargo
2
Wells Fargo
California
$139M +$28.1M +278,081 +27%
RJA
3
Raymond James & Associates
Florida
$77.5M +$1.59M +15,753 +2%
UBS Group
4
UBS Group
Switzerland
$63.9M +$30.2M +299,262 +100%
Osaic Holdings
5
Osaic Holdings
Arizona
$61.4M +$33M +327,193 +133%
TIM
6
Total Investment Management
Arizona
$60.9M +$1.02M +10,079 +2%
LPL Financial
7
LPL Financial
California
$46M +$8.83M +87,448 +26%
AI
8
AdvisorShares Investments
Maryland
$44.9M +$42.4M +419,581 New
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$38.8M +$18.3M +181,463 +100%
Bank of America
10
Bank of America
North Carolina
$35.4M -$1.56M -15,475 -4%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$31.7M +$16.4M +162,128 +121%
JMPWA
12
JP Morgan Private Wealth Advisors
California
$31.1M +$15.2M +150,454 +107%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$29M +$8.31M +82,244 +44%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$19.2M +$80.1K +793 +0.4%
AWM
15
Affinity Wealth Management
Delaware
$16M +$15.1M +149,791 New
Stifel Financial
16
Stifel Financial
Missouri
$15.9M +$895K +8,864 +6%
KPWS
17
Kestra Private Wealth Services
Texas
$14.2M +$789K +7,816 +6%
GLA
18
Good Life Advisors
Pennsylvania
$14M +$3.94M +39,000 +42%
AWM
19
AE Wealth Management
Kansas
$13.6M +$3.81M +37,728 +42%
Truist Financial
20
Truist Financial
North Carolina
$12.6M +$1.6M +15,885 +16%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$10.8M -$13.7M -135,864 -57%
BFA
22
BMS Financial Advisors
South Dakota
$10.4M +$9.79M +96,976 New
Baird Financial Group
23
Baird Financial Group
Wisconsin
$9.82M +$5.72M +56,674 +161%
SHFP
24
Second Half Financial Partners
Florida
$9.22M +$8.71M +86,230 New
AC
25
AIFG Consultants
New York
$9.15M +$299K +2,960 +4%

QQEW Hedge Fund Activity: Q2 2023 in Review

197 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q2 2023, worth a combined $1.25B — up 40% from $890M a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new QQEW positions and 10 closed out — a net gain of 27 holders — while 82 added to existing stakes and 37 trimmed.

The largest buyer was AdvisorShares Investments, opening a new position worth an estimated $42.4M. The largest seller was Mach-1 Financial Group, exiting entirely with an estimated $35.2M sold.

  • 197 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q2 2023, up from 170 in Q1 2023.
  • Funds reported $1.25B of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q2 2023, up 40% quarter-over-quarter.
  • 37 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q2 2023 and 10 closed out, a net change of +27 holders.
  • The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q2 2023 was AdvisorShares Investments, an estimated $42.4M added.
  • The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q2 2023 was Mach-1 Financial Group, an estimated $35.2M sold.

Based on aggregated 13F filings for Q2 2023.