First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
35 hedge funds and large institutions have $61M invested in First Trust NASDAQ 100 ex-Technology Sector Index Fund in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 5 closing their positions.
59.1% more ownership
Funds ownership: 0% → 59.1% (+59%)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
5% less funds holding
Funds holding: 37 → 35 (-2)
10% less capital invested
Capital invested by funds: $67.5M → $61M (-$6.57M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.49M |
| 3 |
Jane Street
New York
|
+$515K |
| 4 |
Goldman Sachs
New York
|
+$219K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.98M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.02M |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$1.43M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.01M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$936K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $27K | – | – | – |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $22K | – | – | – |
|
|
FANJ
28
Financial Architects (New Jersey)
Marlton,
New Jersey
| $20K | – | – | – |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| $10K | – | – | – |
|
30
BlackRock
New York
| $9K | – | – | – |
|
|
TIM
31
Tortoise Investment Management
White Plains,
New York
| $8K | – | – | – |
|
|
MFW
32
Mosaic Family Wealth
St. Louis,
Missouri
| $5K | – | – | – |
|
33
US Bancorp
Minneapolis,
Minnesota
| $4K | – | – | – |
|
|
IH
34
IFC Holdings
Tampa,
Florida
| – | -$476K | -11,738 | Closed |
|
|
ACM
35
Argentus Capital Management
Dallas,
Texas
| – | -$25K | -608 | Closed |
|
36
JP Morgan Chase
New York
| – | -$24K | -596 | Closed |
|
|
IA
37
IFP Advisors
Tampa,
Florida
| – | -$13K | -322 | Closed |
|
|
AG
38
Advisor Group
Phoenix,
Arizona
| – | -$6K | -145 | Closed |
|
|
AWMS
39
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | +$81 | +2 | New |
|
QQXT Hedge Fund Activity: Q4 2016 in Review
35 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) for Q4 2016, worth a combined $61M — down 9.7% from $67.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of QQXT and 3 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 10 added.
The largest buyer was Wells Fargo, adding an estimated $1.5M. The largest seller was Morgan Stanley, cutting an estimated $2.98M.
- 35 institutional investors held First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) as of Q4 2016, down from 37 in Q3 2016.
- Funds reported $61M of First Trust NASDAQ 100 ex-Technology Sector Index Fund stock for Q4 2016, down 9.7% quarter-over-quarter.
- 3 funds opened new First Trust NASDAQ 100 ex-Technology Sector Index Fund positions in Q4 2016 and 5 closed out, a net change of -2 holders.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund buyer in Q4 2016 was Wells Fargo, an estimated $1.5M added.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund seller in Q4 2016 was Morgan Stanley, an estimated $2.98M sold.
Based on aggregated 13F filings for Q4 2016.