First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
34 hedge funds and large institutions have $57.3M invested in First Trust NASDAQ 100 ex-Technology Sector Index Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
4.06% more ownership
Funds ownership: 61.63% → 65.68% (+4.1%)
3% more funds holding
Funds holding: 33 → 34 (+1)
6% less capital invested
Capital invested by funds: $61.1M → $57.3M (-$3.73M)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$3.3M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.75M |
| 3 |
Jane Street
New York
|
+$1.14M |
| 4 |
VF
Virtu Financial
New York
|
+$598K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$240K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.42M |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
-$3.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$805K |
| 4 |
Morgan Stanley
New York
|
-$783K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$750K |
QQXT Hedge Fund Activity: Q2 2018 in Review
34 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) for Q2 2018, worth a combined $57.3M — down 6.1% from $61.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new QQXT positions and 6 closed out — a net gain of 1 holder — while 6 added to existing stakes and 11 trimmed.
The largest buyer was Cornerstone Wealth Management, opening a new position worth an estimated $3.3M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $4.42M sold.
- 34 institutional investors held First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) as of Q2 2018, up from 33 in Q1 2018.
- Funds reported $57.3M of First Trust NASDAQ 100 ex-Technology Sector Index Fund stock for Q2 2018, down 6.1% quarter-over-quarter.
- 7 funds opened new First Trust NASDAQ 100 ex-Technology Sector Index Fund positions in Q2 2018 and 6 closed out, a net change of +1 holder.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $3.3M added.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund seller in Q2 2018 was Raymond James Financial Services Advisors, an estimated $4.42M sold.
Based on aggregated 13F filings for Q2 2018.