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First Trust NASDAQ-100 Technology Index Fund

43 hedge funds and large institutions have $130M invested in First Trust NASDAQ-100 Technology Index Fund in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 21 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% less capital invested

Capital invested by funds: $140M → $130M (-$10.8M)

12% less funds holding

Funds holding: 4943 (-6)

43% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 21

55% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 11

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
43
Holders Change
-6
Holders Change %
-12.24%
% of All Funds
1.15%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
5
Increased
12
Reduced
21
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
26
PNC Financial Services Group
Pennsylvania
$318K -$26.4K -662 -8%
Citigroup
27
Citigroup
New York
$257K -$636K -15,963 -73%
BTS
28
BB&T Securities
Virginia
$204K -$8.01K -201 -4%
LTFS
29
Ladenburg Thalmann Financial Services
Florida
$198K -$3.23K -81 -2%
ASN
30
Advisory Services Network
Georgia
$109K +$101K +2,543 New
CFA
31
CT Financial Advisors
Pennsylvania
$77.4K +$558 +14 +0.8%
WEC
32
Winslow Evans & Crocker
Massachusetts
$59.4K -$12.2K -305 -18%
GWM
33
Geneos Wealth Management
Colorado
$37K +$34.7K +870 New
IA
34
IFP Advisors
Florida
$35K -$33.5K -839 -67%
S
35
SignatureFD
Georgia
$30K +$28.1K +705 New
WA
36
WFG Advisors
Texas
$23K +$80 +2 +0.4%
FANJ
37
Financial Architects (New Jersey)
New Jersey
$17K +$16.1K +403 New
Creative Planning
38
Creative Planning
Kansas
$13K
TRCT
39
Tower Research Capital (TRC)
New York
$11K +$8.53K +214 +428%
CTC
40
Central Trust Company
Missouri
$10K
CDIA
41
Capital Directions Investment Advisors
Georgia
$8K
AP
42
Advisors Preferred
Maryland
$5K +$917 +23 +25%
BWM
43
Biltmore Wealth Management
Arizona
-$4.06M -95,234 Closed
Citadel Advisors
44
Citadel Advisors
Florida
-$1.54M -36,106 Closed
WA
45
WESPAC Advisors
California
-$1.53M -35,927 Closed
CAS
46
Cue Advisory Services
Arizona
-$286K -6,710 Closed
CS
47
Credit Suisse
Switzerland
-$237K -5,565 Closed
PAG
48
Private Advisor Group
New Jersey
-$213K -4,983 Closed
AIM
49
Advantage Investment Management
Iowa
-$134K -3,143 Closed
EDRE
50
Edmond de Rothschild (Europe)
Luxembourg
-$38K -900 Closed

QTEC Hedge Fund Activity: Q1 2016 in Review

43 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q1 2016, worth a combined $130M — down 7.7% from $140M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of QTEC and 5 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 12 added.

The largest buyer was Goldman Sachs, adding an estimated $6.07M. The largest seller was Bank of America, cutting an estimated $7.39M.

  • 43 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q1 2016, down from 49 in Q4 2015.
  • Funds reported $130M of First Trust NASDAQ-100 Technology Index Fund stock for Q1 2016, down 7.7% quarter-over-quarter.
  • 5 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q1 2016 and 11 closed out, a net change of -6 holders.
  • The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q1 2016 was Goldman Sachs, an estimated $6.07M added.
  • The largest First Trust NASDAQ-100 Technology Index Fund seller in Q1 2016 was Bank of America, an estimated $7.39M sold.

Based on aggregated 13F filings for Q1 2016.