First Trust NASDAQ-100 Technology Index Fund
QTEC
42 hedge funds and large institutions have $111M invested in First Trust NASDAQ-100 Technology Index Fund in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 5 closing their positions.
2% less funds holding
Funds holding: 43 → 42 (-1)
15% less capital invested
Capital invested by funds: $130M → $111M (-$18.9M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.08M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.02M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$838K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$436K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$435K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$9.18M |
| 2 |
LPL Financial
San Diego,
California
|
-$5M |
| 3 |
Morgan Stanley
New York
|
-$3.74M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.76M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.1M |
QTEC Hedge Fund Activity: Q2 2016 in Review
42 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q2 2016, worth a combined $111M — down 15% from $130M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of QTEC and 4 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 12 added.
The largest buyer was Janney Montgomery Scott, adding an estimated $2.08M. The largest seller was UBS Group, cutting an estimated $9.18M.
- 42 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q2 2016, down from 43 in Q1 2016.
- Funds reported $111M of First Trust NASDAQ-100 Technology Index Fund stock for Q2 2016, down 15% quarter-over-quarter.
- 4 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q2 2016 and 5 closed out, a net change of -1 holder.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q2 2016 was Janney Montgomery Scott, an estimated $2.08M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q2 2016 was UBS Group, an estimated $9.18M sold.
Based on aggregated 13F filings for Q2 2016.