First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
37 hedge funds and large institutions have $67.5M invested in First Trust NASDAQ 100 ex-Technology Sector Index Fund in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 5 closing their positions.
10% less funds holding
Funds holding: 41 → 37 (-4)
17% less capital invested
Capital invested by funds: $81.1M → $67.5M (-$13.6M)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.08M |
| 2 |
NFC
Northeast Financial Consultants
Westport,
Connecticut
|
+$122K |
| 3 |
SG Americas Securities
New York
|
+$93.4K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$88K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$32.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.9M |
| 2 |
Goldman Sachs
New York
|
-$2.03M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.84M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.46M |
| 5 |
JP Morgan Chase
New York
|
-$1.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
26
Argentus Capital Management
Dallas,
Texas
| $25K | -$4.67K | -115 | -16% |
|
|
27
JP Morgan Chase
New York
| $24K | -$1.45M | -35,788 | -98% |
|
|
WA
28
WFG Advisors
Dallas,
Texas
| $22K | – | – | – |
|
|
FANJ
29
Financial Architects (New Jersey)
Marlton,
New Jersey
| $20K | – | – | – |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $13K | – | – | – |
|
|
NFG
31
Next Financial Group
Houston,
Texas
| $10K | +$9.82K | +242 | New |
|
32
BlackRock
New York
| $9K | – | – | – |
|
|
TIM
33
Tortoise Investment Management
White Plains,
New York
| $8K | – | – | – |
|
|
AG
34
Advisor Group
Phoenix,
Arizona
| $6K | – | – | – |
|
|
MFW
35
Mosaic Family Wealth
St. Louis,
Missouri
| $5K | – | – | – |
|
36
US Bancorp
Minneapolis,
Minnesota
| $4K | – | – | – |
|
|
SFI
37
SPC Financial Inc
Rockville,
Maryland
| – | -$1.08M | -27,750 | Closed |
|
38
Jane Street
New York
| – | -$545K | -14,037 | Closed |
|
39
Ameriprise
Minneapolis,
Minnesota
| – | -$364K | -9,384 | Closed |
|
40
Creative Planning
Overland Park,
Kansas
| – | -$19K | -500 | Closed |
|
|
TRCT
41
Tower Research Capital (TRC)
New York
| – | -$1K | -25 | Closed |
|
QQXT Hedge Fund Activity: Q3 2016 in Review
37 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) for Q3 2016, worth a combined $67.5M — down 17% from $81.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of QQXT and 2 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 9 added.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $2.08M. The largest seller was Morgan Stanley, cutting an estimated $6.9M.
- 37 institutional investors held First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) as of Q3 2016, down from 41 in Q2 2016.
- Funds reported $67.5M of First Trust NASDAQ 100 ex-Technology Sector Index Fund stock for Q3 2016, down 17% quarter-over-quarter.
- 2 funds opened new First Trust NASDAQ 100 ex-Technology Sector Index Fund positions in Q3 2016 and 5 closed out, a net change of -3 holders.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund buyer in Q3 2016 was Janney Montgomery Scott, an estimated $2.08M added.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund seller in Q3 2016 was Morgan Stanley, an estimated $6.9M sold.
Based on aggregated 13F filings for Q3 2016.