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First Trust NASDAQ-100 Technology Index Fund

248 hedge funds and large institutions have $1.04B invested in First Trust NASDAQ-100 Technology Index Fund in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 66 increasing their positions, 87 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

162% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 13

26% more capital invested

Capital invested by funds: $825M → $1.04B (+$213M)

7% more funds holding

Funds holding: 231248 (+17)

2.45% more ownership

Funds ownership: 51.27%53.73% (+2.5%)

20% less funds holding in top 10

Funds holding in top 10: 108 (-2)

24% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 87

Holders
248
Holders Change
+17
Holders Change %
+7.36%
% of All Funds
3.89%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.13%
New
34
Increased
66
Reduced
87
Closed
13
Calls
$505K
Puts
Net Calls
+$505K
Net Calls Change
-$61K
Name Holding Trade Value Shares
Change
Change in
Stake
SEP
26
Southland Equity Partners
Missouri
$9.38M +$112K +843 +1%
KAS
27
Kestra Advisory Services
Texas
$9.11M -$1.38M -10,387 -14%
Baird Financial Group
28
Baird Financial Group
Wisconsin
$8.66M +$1.32M +9,947 +20%
PAG
29
Private Advisor Group
New Jersey
$7.94M +$502K +3,779 +8%
Mariner
30
Mariner
Kansas
$7.73M +$49.5K +373 +0.7%
VAG
31
VisionPoint Advisory Group
Texas
$7.7M -$382K -2,879 -5%
OIA
32
OneDigital Investment Advisors
Kansas
$7.43M -$264K -1,991 -4%
Northwestern Mutual Wealth Management
33
Northwestern Mutual Wealth Management
Wisconsin
$7.23M +$5.88M +44,339 +927%
Stifel Financial
34
Stifel Financial
Missouri
$7.09M +$2.65M +19,980 +71%
CWP
35
Cyndeo Wealth Partners
Florida
$6.94M +$211K +1,593 +3%
RFM
36
Royal Fund Management
Florida
$6.38M -$449K -3,382 -7%
YAVAPFMC
37
Yahav Achim Ve Achayot - Provident Funds Management Company
Israel
$6.14M +$2.87M +21,600 +105%
IFG
38
Independent Financial Group
California
$6.02M +$1.59M +11,962 +41%
DADC
39
D.A. Davidson & Co
Montana
$5.88M +$827K +6,229 +18%
IWC
40
Integrated Wealth Concepts
Massachusetts
$5.23M +$3.26M +24,551 +224%
NA
41
Navellier & Associates
Nevada
$4.81M -$88.4K -666 -2%
IWM
42
IHT Wealth Management
Illinois
$4.63M +$85.5K +644 +2%
GVAG
43
Great Valley Advisor Group
Delaware
$4.62M -$9.55K -72 -0.2%
MFG
44
Mainsail Financial Group
Washington
$4.34M -$26.5K -200 -0.7%
Susquehanna International Group
45
Susquehanna International Group
Pennsylvania
$4.18M +$2.12M +15,973 +128%
SWA
46
SFMG Wealth Advisors
Texas
$3.49M +$30.8K +232 +1%
SFS
47
Sowell Financial Services
Arkansas
$3.42M +$678K +5,109 +28%
CA
48
Continuum Advisory
Idaho
$3.19M -$373K -2,808 -11%
AWM
49
AE Wealth Management
Kansas
$3.19M -$30K -226 -1%
CAN
50
Cetera Advisor Networks
California
$3.19M +$897K +6,759 +45%

QTEC Hedge Fund Activity: Q2 2023 in Review

248 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q2 2023, worth a combined $1.04B — up 26% from $825M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new QTEC positions and 13 closed out — a net gain of 21 holders — while 66 added to existing stakes and 87 trimmed.

The largest buyer was Meitav Investment House, adding an estimated $15.6M. The largest seller was RVW Wealth, cutting an estimated $6.23M.

  • 248 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q2 2023, up from 231 in Q1 2023.
  • Funds reported $1.04B of First Trust NASDAQ-100 Technology Index Fund stock for Q2 2023, up 26% quarter-over-quarter.
  • 34 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q2 2023 and 13 closed out, a net change of +21 holders.
  • The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q2 2023 was Meitav Investment House, an estimated $15.6M added.
  • The largest First Trust NASDAQ-100 Technology Index Fund seller in Q2 2023 was RVW Wealth, an estimated $6.23M sold.

Based on aggregated 13F filings for Q2 2023.