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First Trust NASDAQ 100 ex-Technology Sector Index Fund

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.

New
Increased
Maintained
Reduced
Closed

3.39% more ownership

Funds ownership: 65.82%69.2% (+3.4%)

10% less capital invested

Capital invested by funds: $66.8M → $60M (-$6.82M)

13% less funds holding

Funds holding: 3228 (-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

Holders
28
Holders Change
-4
Holders Change %
-12.5%
% of All Funds
0.62%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
4
Reduced
12
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$17.6M +$2.86M +50,716 +16%
Wells Fargo
2
Wells Fargo
California
$11.4M -$1.67M -29,508 -11%
Truist Financial
3
Truist Financial
North Carolina
$7.67M +$7.8M +138,074 +766%
UBS Group
4
UBS Group
Switzerland
$4.72M -$691K -12,229 -11%
Bank of America
5
Bank of America
North Carolina
$4.17M +$978K +17,306 +26%
RJA
6
Raymond James & Associates
Florida
$2.81M -$592K -10,476 -16%
Baird Financial Group
7
Baird Financial Group
Wisconsin
$2.45M -$416K -7,361 -13%
NFC
8
Northeast Financial Consultants
Connecticut
$2.05M
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$1.9M -$89.8K -1,590 -4%
OC
10
Oppenheimer & Co
New York
$1.42M -$744K -13,177 -31%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$1.29M -$3.13M -55,377 -68%
Goldman Sachs
12
Goldman Sachs
New York
$623K
CAM
13
Columbia Asset Management
Michigan
$603K -$10.5K -186 -6%
LPL Financial
14
LPL Financial
California
$497K -$63.1K -1,117 -10%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$482K +$162K +2,860 +42%
CFGS
16
Concourse Financial Group Securities
Alabama
$44K -$15.7K -278 -24%
Osaic Holdings
17
Osaic Holdings
Arizona
$44K +$50.4K +892 New
BFEC
18
Benjamin F. Edwards & Company
Missouri
$40K
HIA
19
Harbor Investment Advisory
Maryland
$36K
US Bancorp
20
US Bancorp
Minnesota
$27K -$17.5K -310 -36%
NFG
21
Next Financial Group
Texas
$18K -$1.41K -25 -6%
Citigroup
22
Citigroup
New York
$16K
Fidelity Investments
23
Fidelity Investments
Massachusetts
$12K +$14K +248 New
BlackRock
24
BlackRock
New York
$11K
PNC Financial Services Group
25
PNC Financial Services Group
Pennsylvania
$10K

QQXT Hedge Fund Activity: Q1 2020 in Review

28 of the 4,539 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 10% from $66.8M 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 10% 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.