First Trust NASDAQ-100 Technology Index Fund
QTEC
27 hedge funds and large institutions have $70.7M invested in First Trust NASDAQ-100 Technology Index Fund in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 2 reducing their positions, and 2 closing their positions.
650% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 2
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
31% more capital invested
Capital invested by funds: $53.8M → $70.7M (+$16.9M)
17% more funds holding
Funds holding: 23 → 27 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.41M |
| 2 |
Morgan Stanley
New York
|
+$2.14M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$998K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$948K |
| 5 |
JP Morgan Chase
New York
|
+$713K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$335K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.56K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6K |
| 4 |
NES
New England Securities
New York
|
-$1.34K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $8K | +$7.43K | +222 | New |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $2K | – | – | – |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$335K | -10,358 | Closed |
|
|
29
Envestnet Asset Management
Chicago,
Illinois
| – | -$6K | -200 | Closed |
|
QTEC Hedge Fund Activity: Q4 2013 in Review
27 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q4 2013, worth a combined $70.7M — up 31% from $53.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new QTEC positions and 2 closed out — a net gain of 5 holders — while 15 added to existing stakes and 2 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $4.41M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $335K sold.
- 27 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q4 2013, up from 23 in Q3 2013.
- Funds reported $70.7M of First Trust NASDAQ-100 Technology Index Fund stock for Q4 2013, up 31% quarter-over-quarter.
- 7 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q4 2013 and 2 closed out, a net change of +5 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q4 2013 was Deutsche Bank, an estimated $4.41M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q4 2013 was Susquehanna International Group, an estimated $335K sold.
Based on aggregated 13F filings for Q4 2013.