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First Trust NASDAQ-100 Technology Index Fund

231 hedge funds and large institutions have $825M invested in First Trust NASDAQ-100 Technology Index Fund in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 55 increasing their positions, 84 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more funds holding in top 10

Funds holding in top 10: 710 (+3)

38% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 21

18% more capital invested

Capital invested by funds: $698M → $825M (+$127M)

1% more funds holding

Funds holding: 228231 (+3)

0.55% more ownership

Funds ownership: 50.72%51.27% (+0.55%)

35% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 84

Holders
231
Holders Change
+3
Holders Change %
+1.32%
% of All Funds
3.68%
Holding in Top 10
10
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+42.86%
% of All Funds
0.16%
New
29
Increased
55
Reduced
84
Closed
21
Calls
$566K
Puts
Net Calls
+$566K
Net Calls Change
-$110K
Name Holding Trade Value Shares
Change
Change in
Stake
Mariner
26
Mariner
Kansas
$6.81M -$47.1K -393 -0.7%
VAG
27
VisionPoint Advisory Group
Texas
$6.68M -$1.55M -12,923 -19%
PAG
28
Private Advisor Group
New Jersey
$6.55M +$301K +2,514 +5%
Baird Financial Group
29
Baird Financial Group
Wisconsin
$6.39M +$180K +1,501 +3%
RFM
30
Royal Fund Management
Florida
$6.1M -$526K -4,390 -9%
CWP
31
Cyndeo Wealth Partners
Florida
$5.95M +$5.46M +45,558 New
DADC
32
D.A. Davidson & Co
Montana
$4.4M -$134K -1,116 -3%
NA
33
Navellier & Associates
Nevada
$4.35M +$4M +33,355 New
GVAG
34
Great Valley Advisor Group
Delaware
$4.11M +$49.5K +413 +1%
IWM
35
IHT Wealth Management
Illinois
$4.03M +$39.4K +329 +1%
IFG
36
Independent Financial Group
California
$3.78M +$723K +6,032 +26%
MFG
37
Mainsail Financial Group
Washington
$3.73M -$43.7K -365 -1%
Stifel Financial
38
Stifel Financial
Missouri
$3.68M -$1.01M -8,401 -23%
CA
39
Continuum Advisory
Idaho
$3.2M +$35.8K +299 +1%
CWM
40
Concentrum Wealth Management
California
$3.12M +$34.2K +285 +1%
SWA
41
SFMG Wealth Advisors
Texas
$3.06M -$12K -100 -0.4%
BAM
42
Belpointe Asset Management
Nevada
$3.01M -$316K -2,639 -10%
AWM
43
AE Wealth Management
Kansas
$2.86M +$194K +1,615 +8%
CW
44
CreativeOne Wealth
Kansas
$2.81M +$97.1K +810 +4%
SI
45
Stephens Inc
Arkansas
$2.71M +$2.49M +20,783 New
HI
46
Harbour Investments
Wisconsin
$2.68M +$8.03K +67 +0.3%
YAVAPFMC
47
Yahav Achim Ve Achayot - Provident Funds Management Company
Israel
$2.64M
BFEC
48
Benjamin F. Edwards & Company
Missouri
$2.62M +$499K +4,160 +26%
TYCC
49
Texas Yale Capital Corp
Florida
$2.54M -$599 -5 -0%
TCMP
50
Thrive Capital Management (Pennsylvania)
Pennsylvania
$2.52M +$189K +1,574 +9%

QTEC Hedge Fund Activity: Q1 2023 in Review

231 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q1 2023, worth a combined $825M — up 18% from $698M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new QTEC positions and 21 closed out — a net gain of 8 holders — while 55 added to existing stakes and 84 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $15.9M. The largest seller was Meitav Investment House, cutting an estimated $11.5M.

  • 231 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q1 2023, up from 228 in Q4 2022.
  • Funds reported $825M of First Trust NASDAQ-100 Technology Index Fund stock for Q1 2023, up 18% quarter-over-quarter.
  • 29 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q1 2023 and 21 closed out, a net change of +8 holders.
  • The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q1 2023 was JP Morgan Chase, an estimated $15.9M added.
  • The largest First Trust NASDAQ-100 Technology Index Fund seller in Q1 2023 was Meitav Investment House, an estimated $11.5M sold.

Based on aggregated 13F filings for Q1 2023.