First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
48 hedge funds and large institutions have $107M invested in First Trust NASDAQ 100 ex-Technology Sector Index Fund in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 21 reducing their positions, and 7 closing their positions.
6% less funds holding
Funds holding: 51 → 48 (-3)
17.3% less ownership
Funds ownership: 86.05% → 68.75% (-17%)
31% less capital invested
Capital invested by funds: $155M → $107M (-$48.5M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
57% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.1M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$254K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$249K |
| 4 |
SG
StoneX Group
New York
|
+$229K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$28.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.62M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.68M |
| 4 |
OC
Oppenheimer & Co
New York
|
-$3M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSIAS
51
Garden State Investment Advisory Services
Red Bank,
New Jersey
| – | -$1.08M | -12,208 | Closed |
|
52
Stifel Financial
St. Louis,
Missouri
| – | -$789K | -8,949 | Closed |
|
|
PAG
53
Private Advisory Group
Redmond,
Washington
| – | -$291K | -3,304 | Closed |
|
|
IAIM
54
International Assets Investment Management
Orlando,
Florida
| – | -$227K | -2,580 | Closed |
|
55
Koshinski Asset Management
Decatur,
Illinois
| – | -$212K | -2,400 | Closed |
|
QQXT Hedge Fund Activity: Q1 2024 in Review
48 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) for Q1 2024, worth a combined $107M — down 31% from $155M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of QQXT and 4 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 9 added.
The largest buyer was Citadel Advisors, adding an estimated $3.1M. The largest seller was Morgan Stanley, cutting an estimated $28.2M.
- 48 institutional investors held First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) as of Q1 2024, down from 51 in Q4 2023.
- Funds reported $107M of First Trust NASDAQ 100 ex-Technology Sector Index Fund stock for Q1 2024, down 31% quarter-over-quarter.
- 4 funds opened new First Trust NASDAQ 100 ex-Technology Sector Index Fund positions in Q1 2024 and 7 closed out, a net change of -3 holders.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund buyer in Q1 2024 was Citadel Advisors, an estimated $3.1M added.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund seller in Q1 2024 was Morgan Stanley, an estimated $28.2M sold.
Based on aggregated 13F filings for Q1 2024.