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First Trust NASDAQ-100 Technology Index Fund

190 hedge funds and large institutions have $1.6B invested in First Trust NASDAQ-100 Technology Index Fund in 2019 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 56 increasing their positions, 76 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 15

60% more funds holding in top 10

Funds holding in top 10: 58 (+3)

20% more capital invested

Capital invested by funds: $1.33B → $1.6B (+$268M)

10% more funds holding

Funds holding: 172190 (+18)

1.53% less ownership

Funds ownership: 68.13%66.61% (-1.5%)

26% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 76

Holders
190
Holders Change
+18
Holders Change %
+10.47%
% of All Funds
4.11%
Holding in Top 10
8
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+60%
% of All Funds
0.17%
New
33
Increased
56
Reduced
76
Closed
15
Calls
$341K
Puts
Net Calls
+$341K
Net Calls Change
-$1.3M
Name Holding Trade Value Shares
Change
Change in
Stake
GA
26
Gateway Advisory
New Jersey
$8.57M +$2M +25,927 +33%
NA
27
NewEdge Advisors
Louisiana
$8.33M -$61.4K -795 -0.8%
LTFS
28
Ladenburg Thalmann Financial Services
Florida
$8.23M +$3.48M +45,125 +84%
Envestnet Asset Management
29
Envestnet Asset Management
Illinois
$8.06M +$916K +11,871 +14%
Stifel Financial
30
Stifel Financial
Missouri
$7.73M +$498K +6,453 +7%
BTS
31
BB&T Securities
Virginia
$7.67M +$2.69M +34,815 +60%
RFM
32
Royal Fund Management
Florida
$7.28M -$468K -6,069 -6%
Deutsche Bank
33
Deutsche Bank
Germany
$5.66M -$270K -3,500 -5%
OIA
34
OneDigital Investment Advisors
Kansas
$5.46M +$637K +8,258 +14%
CWSR
35
Chessman Wealth Strategies RIA
Texas
$4.89M -$1.55M -20,138 -25%
FWM
36
Focused Wealth Management
New York
$4.72M -$29.3K -380 -0.7%
Baird Financial Group
37
Baird Financial Group
Wisconsin
$4.36M -$21.8K -283 -0.5%
ASN
38
Advisory Services Network
Georgia
$4.3M -$135K -1,754 -3%
Cambridge Investment Research Advisors
39
Cambridge Investment Research Advisors
Iowa
$4.01M +$492K +6,368 +15%
BDWM
40
Brewin Dolphin Wealth Management
Ireland
$3.73M +$52.1K +675 +2%
PA
41
Parallel Advisors
California
$3.34M +$3.13M +40,511 New
Jane Street
42
Jane Street
New York
$3.31M +$1.46M +18,916 +89%
GFPC
43
Global Financial Private Capital
Florida
$3.23M +$75.8K +982 +3%
DC
44
Davenport & Co
Virginia
$2.94M -$167K -2,158 -6%
TYCC
45
Texas Yale Capital Corp
Florida
$2.53M +$1.27M +16,484 +115%
PS
46
Portfolio Strategies
New York
$2.48M -$40.5K -525 -2%
GIA
47
Gladstone Institutional Advisory
Florida
$2.47M -$17.7K -229 -0.8%
MWM
48
MinichMacGregor Wealth Management
New York
$2.42M +$2.22M +28,716 New
PAG
49
Private Advisor Group
New Jersey
$2.41M +$122K +1,581 +6%
FHC
50
First Heartland Consultants
Missouri
$2.4M -$178K -2,302 -7%

QTEC Hedge Fund Activity: Q1 2019 in Review

190 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q1 2019, worth a combined $1.6B — up 20% from $1.33B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new QTEC positions and 15 closed out — a net gain of 18 holders — while 56 added to existing stakes and 76 trimmed.

The largest buyer was Churchill Management, opening a new position worth an estimated $26M. The largest seller was First Trust Advisors, cutting an estimated $65.6M.

  • 190 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q1 2019, up from 172 in Q4 2018.
  • Funds reported $1.6B of First Trust NASDAQ-100 Technology Index Fund stock for Q1 2019, up 20% quarter-over-quarter.
  • 33 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q1 2019 and 15 closed out, a net change of +18 holders.
  • The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q1 2019 was Churchill Management, an estimated $26M added.
  • The largest First Trust NASDAQ-100 Technology Index Fund seller in Q1 2019 was First Trust Advisors, an estimated $65.6M sold.

Based on aggregated 13F filings for Q1 2019.