First Trust NASDAQ-100 Technology Index Fund
QTEC
38 hedge funds and large institutions have $109M invested in First Trust NASDAQ-100 Technology Index Fund in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 8 reducing their positions, and 5 closing their positions.
163% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 8
13% more capital invested
Capital invested by funds: $96.3M → $109M (+$12.8M)
3% less funds holding
Funds holding: 39 → 38 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$5.53M |
| 2 |
Morgan Stanley
New York
|
+$5.04M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.33M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.51M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
-$4.76M |
| 2 |
SG Americas Securities
New York
|
-$2.26M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.55M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.2M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$945K |
QTEC Hedge Fund Activity: Q3 2014 in Review
38 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q3 2014, worth a combined $109M — up 13% from $96.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of QTEC and 4 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 21 added.
The largest buyer was Raymond James & Associates, adding an estimated $5.53M. The largest seller was Stringer Asset Management, cutting an estimated $4.76M.
- 38 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q3 2014, down from 39 in Q2 2014.
- Funds reported $109M of First Trust NASDAQ-100 Technology Index Fund stock for Q3 2014, up 13% quarter-over-quarter.
- 4 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q3 2014 and 5 closed out, a net change of -1 holder.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q3 2014 was Raymond James & Associates, an estimated $5.53M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q3 2014 was Stringer Asset Management, an estimated $4.76M sold.
Based on aggregated 13F filings for Q3 2014.