First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
231 hedge funds and large institutions have $1.34B invested in First Trust Nasdaq-100 Select Equal Weight ETF in 2024 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 62 increasing their positions, 92 reducing their positions, and 20 closing their positions.
35% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 20
2% more funds holding
Funds holding: 227 → 231 (+4)
1.09% less ownership
Funds ownership: 65.92% → 64.83% (-1.1%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
33% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 92
54% less capital inflows, than outflows
Capital inflows: $73.8M | Capital outflows: $159M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Atlas Private Wealth Advisors
Matawan,
New Jersey
|
+$14.7M |
| 2 |
GTS Securities
Miami,
Florida
|
+$9.6M |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
+$8.65M |
| 4 |
Axiom Advisory
San Diego,
California
|
+$4.19M |
| 5 |
Jane Street
New York
|
+$4.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Affinity Wealth Management
Wilmington,
Delaware
|
-$24.1M |
| 2 |
Morgan Stanley
New York
|
-$16.9M |
| 3 |
Kestra Private Wealth Services
Austin,
Texas
|
-$12.2M |
| 4 |
JP Morgan Chase
New York
|
-$7.35M |
| 5 |
Private Advisor Group
Morristown,
New Jersey
|
-$7.15M |
QQEW Hedge Fund Activity: Q2 2024 in Review
231 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) for Q2 2024, worth a combined $1.34B — down 7% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new QQEW positions and 20 closed out — a net gain of 7 holders — while 62 added to existing stakes and 92 trimmed.
The largest buyer was Atlas Private Wealth Advisors, adding an estimated $14.7M. The largest seller was Affinity Wealth Management, cutting an estimated $24.1M.
- 231 institutional investors held First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) as of Q2 2024, up from 227 in Q1 2024.
- Funds reported $1.34B of First Trust Nasdaq-100 Select Equal Weight ETF stock for Q2 2024, down 7% quarter-over-quarter.
- 27 funds opened new First Trust Nasdaq-100 Select Equal Weight ETF positions in Q2 2024 and 20 closed out, a net change of +7 holders.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF buyer in Q2 2024 was Atlas Private Wealth Advisors, an estimated $14.7M added.
- The largest First Trust Nasdaq-100 Select Equal Weight ETF seller in Q2 2024 was Affinity Wealth Management, an estimated $24.1M sold.
Based on aggregated 13F filings for Q2 2024.