First Trust NASDAQ-100 Technology Index Fund
QTEC
236 hedge funds and large institutions have $730M invested in First Trust NASDAQ-100 Technology Index Fund in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 59 increasing their positions, 99 reducing their positions, and 28 closing their positions.
632% more call options, than puts
Call options by funds: $388K | Put options by funds: $53K
0.56% less ownership
Funds ownership: 51.66% → 51.1% (-0.56%)
7% less funds holding
Funds holding: 255 → 236 (-19)
12% less capital invested
Capital invested by funds: $830M → $730M (-$100M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
40% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 99
61% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.73M |
| 2 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
+$4.6M |
| 3 |
KIG
Kowal Investment Group
Brookfield,
Wisconsin
|
+$3.05M |
| 4 |
PWA
PCG Wealth Advisors
Overland Park,
Kansas
|
+$1.94M |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$9.7M |
| 2 |
Morgan Stanley
New York
|
-$6.63M |
| 3 |
WEPOG
Wealth Enhancement & Preservation of GA
Alpharetta,
Georgia
|
-$6.04M |
| 4 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$6M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SAM
251
Secure Asset Management
Troy,
Michigan
| – | -$242K | -2,117 | Closed |
|
|
WWA
252
WCG Wealth Advisors
Las Vegas,
Nevada
| – | -$221K | -1,934 | Closed |
|
|
TA
253
TruWealth Advisors
Metairie,
Louisiana
| – | -$214K | -1,874 | Closed |
|
|
WI
254
Wintrust Investments
Chicago,
Illinois
| – | -$213K | -1,857 | Closed |
|
|
SPC
255
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$204K | -1,787 | Closed |
|
|
SWM
256
SeaCrest Wealth Management
Purchase,
New York
| – | -$100K | -871 | Closed |
|
257
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$94K | -825 | Closed |
|
|
AW
258
ACG Wealth
Atlanta,
Georgia
| – | -$73K | -635 | Closed |
|
|
VVP
259
Venture Visionary Partners
Sylvania,
Ohio
| – | -$22.9K | -200 | Closed |
|
|
FF
260
FourThought Financial
Venice,
Florida
| – | -$11K | -100 | Closed |
|
|
MIM
261
Macroview Investment Management
Bethesda,
Maryland
| – | -$5K | -46 | Closed |
|
|
HWA
262
HHM Wealth Advisors
Chattanooga,
Tennessee
| – | -$1K | -7 | Closed |
|
|
GFPC
263
Global Financial Private Client
Sarasota,
Florida
| – | -$549 | -4 | Closed |
|
QTEC Hedge Fund Activity: Q3 2022 in Review
236 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q3 2022, worth a combined $730M — down 12% from $830M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of QTEC and 11 opened new positions — a net loss of 17 holders — while 99 trimmed existing stakes and 59 added.
The largest buyer was Susquehanna International Group, adding an estimated $9.73M. The largest seller was Meitav Investment House, cutting an estimated $9.7M.
- 236 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q3 2022, down from 255 in Q2 2022.
- Funds reported $730M of First Trust NASDAQ-100 Technology Index Fund stock for Q3 2022, down 12% quarter-over-quarter.
- 11 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q3 2022 and 28 closed out, a net change of -17 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q3 2022 was Susquehanna International Group, an estimated $9.73M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q3 2022 was Meitav Investment House, an estimated $9.7M sold.
Based on aggregated 13F filings for Q3 2022.