First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
45 hedge funds and large institutions have $112M invested in First Trust NASDAQ 100 ex-Technology Sector Index Fund in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
26% more capital invested
Capital invested by funds: $89.2M → $112M (+$22.9M)
13.84% more ownership
Funds ownership: 64.56% → 78.4% (+14%)
13% more funds holding
Funds holding: 40 → 45 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$12.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.06M |
| 3 |
MTWM
Masso Torrence Wealth Management
Marlton,
New Jersey
|
+$2M |
| 4 |
Morgan Stanley
New York
|
+$1.7M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$9.05M |
| 2 |
PPWM
Paragon Private Wealth Management
Lexington,
Kentucky
|
-$462K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$246K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$166K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$139K |
QQXT Hedge Fund Activity: Q1 2023 in Review
45 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) for Q1 2023, worth a combined $112M — up 26% from $89.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new QQXT positions and 3 closed out — a net gain of 6 holders — while 17 added to existing stakes and 13 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $12.1M. The largest seller was Financial Enhancement Group, exiting entirely with an estimated $9.05M sold.
- 45 institutional investors held First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) as of Q1 2023, up from 40 in Q4 2022.
- Funds reported $112M of First Trust NASDAQ 100 ex-Technology Sector Index Fund stock for Q1 2023, up 26% quarter-over-quarter.
- 9 funds opened new First Trust NASDAQ 100 ex-Technology Sector Index Fund positions in Q1 2023 and 3 closed out, a net change of +6 holders.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund buyer in Q1 2023 was Raymond James Financial Services Advisors, an estimated $12.1M added.
- The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund seller in Q1 2023 was Financial Enhancement Group, an estimated $9.05M sold.
Based on aggregated 13F filings for Q1 2023.