First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
31 hedge funds and large institutions have $67.1M invested in First Trust NASDAQ 100 ex-Technology Sector Index Fund in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
12% more capital invested
Capital invested by funds: $60M → $67.1M (+$7.16M)
11% more funds holding
Funds holding: 28 → 31 (+3)
5.04% less ownership
Funds ownership: 69.2% → 64.16% (-5%)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$5.34M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.22M |
| 3 |
LPL Financial
San Diego,
California
|
+$791K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$260K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$63K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$8.13M |
| 2 |
Morgan Stanley
New York
|
-$3.01M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.67M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.55M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
26
Tortoise Investment Management
White Plains,
New York
| $12K | – | – | – |
|
27
Fidelity Investments
Boston,
Massachusetts
| $9K | -$5.95K | -103 | -42% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $6K | +$5.6K | +97 | New |
|
|
PAG
29
Private Advisor Group
Morristown,
New Jersey
| $3K | +$2.6K | +45 | New |
|
|
BWL
30
Bogart Wealth LLC
Mclean,
Virginia
| $2K | – | – | – |
|
|
CIAS
31
Capital Investment Advisory Services
Raleigh,
North Carolina
| $1K | +$693 | +12 | New |
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$482K | -9,733 | Closed |
|
|
NFG
33
Next Financial Group
Houston,
Texas
| – | -$18K | -374 | Closed |
|
|
ASN
34
Advisory Services Network
Atlanta,
Georgia
| – | -$5K | -95 | Closed |
|
QQXT Hedge Fund Activity: Q2 2020 in Review
31 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) for Q2 2020, worth a combined $67.1M — up 12% from $60M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new QQXT positions and 3 closed out — a net gain of 3 holders — while 5 added to existing stakes and 11 trimmed.
The largest buyer was Cardan Capital Partners, opening a new position worth an estimated $5.34M. The largest seller was Truist Financial, cutting an estimated $8.13M.
- 31 institutional investors held First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) as of Q2 2020, up from 28 in Q1 2020.
- Funds reported $67.1M of First Trust NASDAQ 100 ex-Technology Sector Index Fund stock for Q2 2020, up 12% quarter-over-quarter.
- 6 funds opened new First Trust NASDAQ 100 ex-Technology Sector Index Fund positions in Q2 2020 and 3 closed out, a net change of +3 holders.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund buyer in Q2 2020 was Cardan Capital Partners, an estimated $5.34M added.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund seller in Q2 2020 was Truist Financial, an estimated $8.13M sold.
Based on aggregated 13F filings for Q2 2020.