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First Trust NASDAQ 100 ex-Technology Sector Index Fund

48 hedge funds and large institutions have $122M invested in First Trust NASDAQ 100 ex-Technology Sector Index Fund in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less funds holding

Funds holding: 5048 (-2)

5.87% less ownership

Funds ownership: 75.84%69.97% (-5.9%)

18% less capital invested

Capital invested by funds: $150M → $122M (-$27.5M)

27% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 22

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

Holders
48
Holders Change
-2
Holders Change %
-4%
% of All Funds
0.76%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
16
Reduced
22
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
$25.8M -$5.14M -60,609 -16%
Wells Fargo
2
Wells Fargo
California
$16.9M +$865K +10,203 +5%
LPL Financial
3
LPL Financial
California
$11.8M +$941K +11,110 +8%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$8.35M +$131K +1,547 +2%
KPWS
5
Kestra Private Wealth Services
Texas
$6.74M -$412K -4,863 -6%
CAM
6
Columbia Asset Management
Michigan
$6.13M -$16K -189 -0.4%
UBS Group
7
UBS Group
Switzerland
$6.08M +$63K +744 +1%
MTWM
8
Masso Torrence Wealth Management
New Jersey
$5.28M -$130K -1,537 -2%
NFC
9
Northeast Financial Consultants
Connecticut
$3.34M
Bank of America
10
Bank of America
North Carolina
$3.33M +$61.5K +726 +2%
RJA
11
Raymond James & Associates
Florida
$3.23M -$196K -2,316 -6%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$2.71M +$41.5K +490 +1%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$2.63M -$300K -3,537 -10%
OC
14
Oppenheimer & Co
New York
$1.92M +$68.5K +808 +4%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$1.5M -$1.38M -16,227 -47%
FIA
16
Foundations Investment Advisors
Arizona
$1.48M +$444K +5,242 +40%
Truist Financial
17
Truist Financial
North Carolina
$1.41M -$91.9K -1,084 -6%
MML Investors Services
18
MML Investors Services
Massachusetts
$1.38M +$30K +354 +2%
PPWM
19
Paragon Private Wealth Management
Kentucky
$1.37M -$30.3K -357 -2%
KNW
20
Kesler Norman & Wride
Utah
$1.36M -$11.4K -134 -0.8%
NP
21
Nilsine Partners
Colorado
$1.19M +$10.3K +121 +0.8%
GSIAS
22
Garden State Investment Advisory Services
New Jersey
$1M +$25.4K +300 +3%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$886K -$435K -5,134 -32%
Goldman Sachs
24
Goldman Sachs
New York
$879K +$915K +10,799 New
WFA
25
WMG Financial Advisors
Tennessee
$852K -$120K -1,414 -12%

QQXT Hedge Fund Activity: Q3 2023 in Review

48 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) for Q3 2023, worth a combined $122M — down 18% from $150M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of QQXT and 4 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 16 added.

The largest buyer was LPL Financial, adding an estimated $941K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $10.2M.

  • 48 institutional investors held First Trust NASDAQ 100 ex-Technology Sector Index Fund (QQXT) as of Q3 2023, down from 50 in Q2 2023.
  • Funds reported $122M of First Trust NASDAQ 100 ex-Technology Sector Index Fund stock for Q3 2023, down 18% quarter-over-quarter.
  • 4 funds opened new First Trust NASDAQ 100 ex-Technology Sector Index Fund positions in Q3 2023 and 6 closed out, a net change of -2 holders.
  • The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund buyer in Q3 2023 was LPL Financial, an estimated $941K added.
  • The largest First Trust NASDAQ 100 ex-Technology Sector Index Fund seller in Q3 2023 was Raymond James Financial Services Advisors, an estimated $10.2M sold.

Based on aggregated 13F filings for Q3 2023.