First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
23 hedge funds and large institutions have $57.4M invested in First Trust NASDAQ 100 ex-Technology Sector Index Fund in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 7 closing their positions.
5% less capital invested
Capital invested by funds: $60.5M → $57.4M (-$3.1M)
15% less funds holding
Funds holding: 27 → 23 (-4)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.42M |
| 2 |
JP Morgan Chase
New York
|
+$900K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$814K |
| 4 |
Goldman Sachs
New York
|
+$608K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$168K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.93M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$1.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$929K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$860K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Jane Street
New York
| – | -$306K | -8,490 | Closed |
|
|
CAM
27
Columbia Asset Management
Ann Arbor,
Michigan
| – | -$296K | -3,147 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$21K | -578 | Closed |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$17K | -477 | Closed |
|
30
Bessemer Group
Woodbridge,
New Jersey
| – | -$5K | -140 | Closed |
|
QQXT Hedge Fund Activity: Q3 2014 in Review
23 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) for Q3 2014, worth a combined $57.4M — down 5.1% from $60.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of QQXT and 3 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 6 added.
The largest buyer was Morgan Stanley, adding an estimated $1.42M. The largest seller was Deutsche Bank, cutting an estimated $1.93M.
- 23 institutional investors held First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) as of Q3 2014, down from 27 in Q2 2014.
- Funds reported $57.4M of First Trust NASDAQ 100 ex-Technology Sector Index Fund stock for Q3 2014, down 5.1% quarter-over-quarter.
- 3 funds opened new First Trust NASDAQ 100 ex-Technology Sector Index Fund positions in Q3 2014 and 7 closed out, a net change of -4 holders.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund buyer in Q3 2014 was Morgan Stanley, an estimated $1.42M added.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund seller in Q3 2014 was Deutsche Bank, an estimated $1.93M sold.
Based on aggregated 13F filings for Q3 2014.