First Trust NASDAQ-100 Technology Index Fund
QTEC
268 hedge funds and large institutions have $1.96B invested in First Trust NASDAQ-100 Technology Index Fund in 2023 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 85 increasing their positions, 85 reducing their positions, and 17 closing their positions.
135% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 17
89% more capital invested
Capital invested by funds: $1.04B → $1.96B (+$927M)
16.33% more ownership
Funds ownership: 53.73% → 70.06% (+16%)
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
8% more funds holding
Funds holding: 248 → 268 (+20)
0% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 85
29% less call options, than puts
Call options by funds: $539K | Put options by funds: $755K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$700M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$33.6M |
| 3 |
Morgan Stanley
New York
|
+$26.4M |
| 4 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$23.3M |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
-$4.81M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.87M |
| 3 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$2.69M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.96M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Millennium Management
New York
| – | -$392K | -2,667 | Closed |
|
|
MOS
277
MGO One Seven
Beachwood,
Ohio
| – | -$334K | -2,268 | Closed |
|
|
LNC
278
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$268K | -1,818 | Closed |
|
279
Renaissance Technologies
New York
| – | -$265K | -1,800 | Closed |
|
|
MGIA
280
Moneta Group Investment Advisors
St Louis,
Missouri
| – | -$204K | -1,386 | Closed |
|
|
OP
281
ORG Partners
Roanoke,
Indiana
| – | -$152K | -1,032 | Closed |
|
|
IGWM
282
ICA Group Wealth Management
Denver,
Colorado
| – | -$29.4K | -200 | Closed |
|
|
PCM
283
Penserra Capital Management
Orinda,
California
| – | -$19K | -132 | Closed |
|
|
FA
284
Fiduciary Alliance
Greenville,
South Carolina
| – | -$14.7K | -100 | Closed |
|
|
TCOV
285
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$14K | -95 | Closed |
|
|
CAS
286
Coppell Advisory Solutions
Coppell,
Texas
| – | -$4.65K | -32 | Closed |
|
QTEC Hedge Fund Activity: Q3 2023 in Review
268 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q3 2023, worth a combined $1.96B — up 89% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new QTEC positions and 17 closed out — a net gain of 23 holders — while 85 added to existing stakes and 85 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $700M. The largest seller was Navellier & Associates, exiting entirely with an estimated $4.81M sold.
- 268 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q3 2023, up from 248 in Q2 2023.
- Funds reported $1.96B of First Trust NASDAQ-100 Technology Index Fund stock for Q3 2023, up 89% quarter-over-quarter.
- 40 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q3 2023 and 17 closed out, a net change of +23 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q3 2023 was First Trust Advisors, an estimated $700M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q3 2023 was Navellier & Associates, an estimated $4.81M sold.
Based on aggregated 13F filings for Q3 2023.