First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
199 hedge funds and large institutions have $1.25B invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2023 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 78 increasing their positions, 59 reducing their positions, and 20 closing their positions.
601% more call options, than puts
Call options by funds: $2.62M | Put options by funds: $374K
32% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 59
25% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 20
1% more funds holding
Funds holding: 197 → 199 (+2)
0% more capital invested
Capital invested by funds: $1.25B → $1.25B (+$3.49M)
1.32% less ownership
Funds ownership: 67.32% → 66% (-1.3%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$25.1M |
| 2 |
Morgan Stanley
New York
|
+$14.8M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$9.99M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$7.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$15M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$11.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$10.7M |
| 4 |
SHFP
Second Half Financial Partners
Sebring,
Florida
|
-$9.22M |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$7.81M |
QQEW Hedge Fund Activity: Q3 2023 in Review
199 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q3 2023, worth a combined $1.25B — up 0.28% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new QQEW positions and 20 closed out — a net gain of 5 holders — while 78 added to existing stakes and 59 trimmed.
The largest buyer was LPL Financial, adding an estimated $25.1M. The largest seller was Osaic Holdings, cutting an estimated $15M.
- 199 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q3 2023, up from 197 in Q2 2023.
- Funds reported $1.25B of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q3 2023, up 0.28% quarter-over-quarter.
- 25 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q3 2023 and 20 closed out, a net change of +5 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q3 2023 was LPL Financial, an estimated $25.1M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q3 2023 was Osaic Holdings, an estimated $15M sold.
Based on aggregated 13F filings for Q3 2023.