VictoryShares Nasdaq Next 50 ETF
QQQN
QQQN was delisted on the 23rd of October, 2024.
15 hedge funds and large institutions have $6.27M invested in VictoryShares Nasdaq Next 50 ETF in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 6 closing their positions.
25% less funds holding
Funds holding: 20 → 15 (-5)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
91% less capital invested
Capital invested by funds: $73.1M → $6.27M (-$66.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
+$195K |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$144K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$123K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$39.9K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$3.24K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$66.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$569K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$321K |
| 4 |
LPL Financial
San Diego,
California
|
-$90.6K |
| 5 |
Morgan Stanley
New York
|
-$62.4K |
QQQN Hedge Fund Activity: Q1 2024 in Review
15 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in VictoryShares Nasdaq Next 50 ETF (QQQN) for Q1 2024, worth a combined $6.27M — down 91% from $73.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of QQQN and 1 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 5 added.
The largest buyer was Fort Point Capital Partners, opening a new position worth an estimated $195K. The largest seller was Victory Capital Management, exiting entirely with an estimated $66.6M sold.
- 15 institutional investors held VictoryShares Nasdaq Next 50 ETF (QQQN) as of Q1 2024, down from 20 in Q4 2023.
- Funds reported $6.27M of VictoryShares Nasdaq Next 50 ETF stock for Q1 2024, down 91% quarter-over-quarter.
- 1 fund opened new VictoryShares Nasdaq Next 50 ETF positions in Q1 2024 and 6 closed out, a net change of -5 holders.
- The largest VictoryShares Nasdaq Next 50 ETF buyer in Q1 2024 was Fort Point Capital Partners, an estimated $195K added.
- The largest VictoryShares Nasdaq Next 50 ETF seller in Q1 2024 was Victory Capital Management, an estimated $66.6M sold.
Based on aggregated 13F filings for Q1 2024.