First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
227 hedge funds and large institutions have $1.44B invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2024 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 90 increasing their positions, 73 reducing their positions, and 22 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 73
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
1% less funds holding
Funds holding: 230 → 227 (-3)
14.18% less ownership
Funds ownership: 80.1% → 65.92% (-14%)
20% less capital invested
Capital invested by funds: $1.8B → $1.44B (-$358M)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWA
Gratus Wealth Advisors
Virginia Beach,
Virginia
|
+$18M |
| 2 |
APWA
Atlas Private Wealth Advisors
Matawan,
New Jersey
|
+$13.4M |
| 3 |
CA
Crumly & Associates
Springfield,
Illinois
|
+$12.5M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$6.82M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$6.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$283M |
| 2 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
-$73.8M |
| 3 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
-$35.9M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$28.3M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$21M |
QQEW Hedge Fund Activity: Q1 2024 in Review
227 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q1 2024, worth a combined $1.44B — down 20% from $1.8B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of QQEW and 20 opened new positions — a net loss of 2 holders — while 73 trimmed existing stakes and 90 added.
The largest buyer was Gratus Wealth Advisors, adding an estimated $18M. The largest seller was Morgan Stanley, cutting an estimated $283M.
- 227 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q1 2024, down from 230 in Q4 2023.
- Funds reported $1.44B of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q1 2024, down 20% quarter-over-quarter.
- 20 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q1 2024 and 22 closed out, a net change of -2 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q1 2024 was Gratus Wealth Advisors, an estimated $18M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q1 2024 was Morgan Stanley, an estimated $283M sold.
Based on aggregated 13F filings for Q1 2024.