First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
34 hedge funds and large institutions have $80.9M invested in First Trust NASDAQ 100 ex-Technology Sector Index Fund in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
21% more capital invested
Capital invested by funds: $67.1M → $80.9M (+$13.8M)
10% more funds holding
Funds holding: 31 → 34 (+3)
2.74% more ownership
Funds ownership: 64.16% → 66.9% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.32M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.05M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.2M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$800K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$505K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.1M |
| 2 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$1.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$282K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$254K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$207K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $37K | – | – | – |
|
27
Citigroup
New York
| $22K | – | – | – |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $17K | -$4.08K | -61 | -20% |
|
29
BlackRock
New York
| $15K | – | – | – |
|
|
TIM
30
Tortoise Investment Management
White Plains,
New York
| $13K | – | – | – |
|
31
Fidelity Investments
Boston,
Massachusetts
| $10K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $7K | – | – | – |
|
|
BWL
33
Bogart Wealth LLC
Mclean,
Virginia
| $1K | – | – | – |
|
|
CIAS
34
Capital Investment Advisory Services
Raleigh,
North Carolina
| $1K | – | – | – |
|
|
35
Citadel Advisors
Miami,
Florida
| – | -$282K | -4,495 | Closed |
|
|
CAN
36
Cetera Advisor Networks
El Segundo,
California
| – | -$69K | -1,090 | Closed |
|
|
PAG
37
Private Advisor Group
Morristown,
New Jersey
| – | -$3K | -45 | Closed |
|
QQXT Hedge Fund Activity: Q3 2020 in Review
34 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) for Q3 2020, worth a combined $80.9M — up 21% from $67.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new QQXT positions and 3 closed out — a net gain of 3 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.32M. The largest seller was Royal Bank of Canada, cutting an estimated $1.1M.
- 34 institutional investors held First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) as of Q3 2020, up from 31 in Q2 2020.
- Funds reported $80.9M of First Trust NASDAQ 100 ex-Technology Sector Index Fund stock for Q3 2020, up 21% quarter-over-quarter.
- 6 funds opened new First Trust NASDAQ 100 ex-Technology Sector Index Fund positions in Q3 2020 and 3 closed out, a net change of +3 holders.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund buyer in Q3 2020 was Morgan Stanley, an estimated $4.32M added.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund seller in Q3 2020 was Royal Bank of Canada, an estimated $1.1M sold.
Based on aggregated 13F filings for Q3 2020.