First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
41 hedge funds and large institutions have $81.1M invested in First Trust NASDAQ 100 ex-Technology Sector Index Fund in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 20 reducing their positions, and 8 closing their positions.
11% less funds holding
Funds holding: 46 → 41 (-5)
23% less capital invested
Capital invested by funds: $105M → $81.1M (-$24M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
55% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.17M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$848K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$831K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$237K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$62.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.62M |
| 2 |
Morgan Stanley
New York
|
-$3.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.66M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.53M |
| 5 |
IAS
IMA Advisory Services
Denver,
Colorado
|
-$2.49M |
QQXT Hedge Fund Activity: Q2 2016 in Review
41 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) for Q2 2016, worth a combined $81.1M — down 23% from $105M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of QQXT and 4 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 9 added.
The largest buyer was Goldman Sachs, adding an estimated $1.17M. The largest seller was Wells Fargo, cutting an estimated $3.62M.
- 41 institutional investors held First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) as of Q2 2016, down from 46 in Q1 2016.
- Funds reported $81.1M of First Trust NASDAQ 100 ex-Technology Sector Index Fund stock for Q2 2016, down 23% quarter-over-quarter.
- 4 funds opened new First Trust NASDAQ 100 ex-Technology Sector Index Fund positions in Q2 2016 and 8 closed out, a net change of -4 holders.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund buyer in Q2 2016 was Goldman Sachs, an estimated $1.17M added.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund seller in Q2 2016 was Wells Fargo, an estimated $3.62M sold.
Based on aggregated 13F filings for Q2 2016.