First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
37 hedge funds and large institutions have $104M invested in First Trust NASDAQ 100 ex-Technology Sector Index Fund in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
28% more capital invested
Capital invested by funds: $80.9M → $104M (+$22.9M)
9% more funds holding
Funds holding: 34 → 37 (+3)
3.26% more ownership
Funds ownership: 66.9% → 70.16% (+3.3%)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$10.8M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.14M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$654K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$417K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.65M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$940K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$488K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$311K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$301K |
QQXT Hedge Fund Activity: Q4 2020 in Review
37 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) for Q4 2020, worth a combined $104M — up 28% from $80.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new QQXT positions and 3 closed out — a net gain of 3 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $10.8M. The largest seller was Morgan Stanley, cutting an estimated $5.65M.
- 37 institutional investors held First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) as of Q4 2020, up from 34 in Q3 2020.
- Funds reported $104M of First Trust NASDAQ 100 ex-Technology Sector Index Fund stock for Q4 2020, up 28% quarter-over-quarter.
- 6 funds opened new First Trust NASDAQ 100 ex-Technology Sector Index Fund positions in Q4 2020 and 3 closed out, a net change of +3 holders.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund buyer in Q4 2020 was Bank of America, an estimated $10.8M added.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund seller in Q4 2020 was Morgan Stanley, an estimated $5.65M sold.
Based on aggregated 13F filings for Q4 2020.