First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
28 hedge funds and large institutions have $60M invested in First Trust NASDAQ 100 ex-Technology Sector Index Fund in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 6 closing their positions.
3.39% more ownership
Funds ownership: 65.82% → 69.2% (+3.4%)
11% less capital invested
Capital invested by funds: $67.5M → $60M (-$7.53M)
13% less funds holding
Funds holding: 32 → 28 (-4)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$7.8M |
| 2 |
Morgan Stanley
New York
|
+$2.86M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$978K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$162K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$14K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.13M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.67M |
| 3 |
OC
Oppenheimer & Co
New York
|
-$744K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$691K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$592K |
QQXT Hedge Fund Activity: Q1 2020 in Review
28 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) for Q1 2020, worth a combined $60M — down 11% from $67.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of QQXT and 3 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 4 added.
The largest buyer was Truist Financial, adding an estimated $7.8M. The largest seller was Royal Bank of Canada, cutting an estimated $3.13M.
- 28 institutional investors held First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) as of Q1 2020, down from 32 in Q4 2019.
- Funds reported $60M of First Trust NASDAQ 100 ex-Technology Sector Index Fund stock for Q1 2020, down 11% quarter-over-quarter.
- 3 funds opened new First Trust NASDAQ 100 ex-Technology Sector Index Fund positions in Q1 2020 and 6 closed out, a net change of -3 holders.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund buyer in Q1 2020 was Truist Financial, an estimated $7.8M added.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund seller in Q1 2020 was Royal Bank of Canada, an estimated $3.13M sold.
Based on aggregated 13F filings for Q1 2020.