First Trust NASDAQ-100 Technology Index Fund
QTEC
34 hedge funds and large institutions have $89.3M invested in First Trust NASDAQ-100 Technology Index Fund in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 0 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
26% more capital invested
Capital invested by funds: $70.7M → $89.3M (+$18.6M)
26% more funds holding
Funds holding: 27 → 34 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
+$5.82M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$1.76M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.27M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.01M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$561K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$192K |
| 3 |
LPL Financial
San Diego,
California
|
-$115K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$83.7K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$72.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $153K | +$3.36K | +92 | +2% |
|
|
CFA
27
CT Financial Advisors
Chadds Ford,
Pennsylvania
| $77.1K | +$64.8K | +1,776 | New |
|
|
AIG
28
American International Group
New York
| $72.4K | – | – | – |
|
|
BRWM
29
B. Riley Wealth Management
Memphis,
Tennessee
| $58K | +$56.2K | +1,540 | New |
|
|
WEC
30
Winslow Evans & Crocker
Boston,
Massachusetts
| $31K | – | – | – |
|
|
NES
31
New England Securities
New York
| $21K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $12K | -$3.36K | -92 | -22% |
|
|
MFS
33
MSI Financial Services
Springfield,
Massachusetts
| $6K | -$2.63K | -72 | -32% |
|
|
WA
34
WFG Advisors
Dallas,
Texas
| $2K | – | – | – |
|
QTEC Hedge Fund Activity: Q1 2014 in Review
34 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q1 2014, worth a combined $89.3M — up 26% from $70.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new QTEC positions and 0 closed out — a net gain of 7 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Stringer Asset Management, opening a new position worth an estimated $5.82M. The largest seller was Deutsche Bank, cutting an estimated $561K.
- 34 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q1 2014, up from 27 in Q4 2013.
- Funds reported $89.3M of First Trust NASDAQ-100 Technology Index Fund stock for Q1 2014, up 26% quarter-over-quarter.
- 7 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q1 2014 and 0 closed out, a net change of +7 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q1 2014 was Stringer Asset Management, an estimated $5.82M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q1 2014 was Deutsche Bank, an estimated $561K sold.
Based on aggregated 13F filings for Q1 2014.