First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
27 hedge funds and large institutions have $60.5M invested in First Trust NASDAQ 100 ex-Technology Sector Index Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 5 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
4% less funds holding
Funds holding: 28 → 27 (-1)
16% less capital invested
Capital invested by funds: $72.2M → $60.5M (-$11.7M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.15M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$628K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$440K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$400K |
| 5 |
Jane Street
New York
|
+$294K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$14.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.68M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$603K |
| 4 |
Morgan Stanley
New York
|
-$531K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$522K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
26
Tortoise Investment Management
White Plains,
New York
| $7K | – | – | – |
|
27
Bessemer Group
Woodbridge,
New Jersey
| $5K | -$7.8K | -225 | -62% |
|
|
BTS
28
BB&T Securities
Richmond,
Virginia
| – | -$14.7M | -42,448 | Closed |
|
|
SB
29
Suntrust Banks
Atlanta,
Georgia
| – | -$270K | -7,826 | Closed |
|
30
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$16K | -470 | Closed |
|
31
Envestnet Asset Management
Chicago,
Illinois
| – | -$9K | -250 | Closed |
|
|
NES
32
New England Securities
New York
| – | -$3K | -100 | Closed |
|
QQXT Hedge Fund Activity: Q2 2014 in Review
27 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) for Q2 2014, worth a combined $60.5M — down 16% from $72.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of QQXT and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 10 added.
The largest buyer was Credit Suisse, adding an estimated $2.15M. The largest seller was BB&T Securities, exiting entirely with an estimated $14.7M sold.
- 27 institutional investors held First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) as of Q2 2014, down from 28 in Q1 2014.
- Funds reported $60.5M of First Trust NASDAQ 100 ex-Technology Sector Index Fund stock for Q2 2014, down 16% quarter-over-quarter.
- 4 funds opened new First Trust NASDAQ 100 ex-Technology Sector Index Fund positions in Q2 2014 and 5 closed out, a net change of -1 holder.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund buyer in Q2 2014 was Credit Suisse, an estimated $2.15M added.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund seller in Q2 2014 was BB&T Securities, an estimated $14.7M sold.
Based on aggregated 13F filings for Q2 2014.