First Trust NASDAQ-100 Technology Index Fund
QTEC
55 hedge funds and large institutions have $177M invested in First Trust NASDAQ-100 Technology Index Fund in 2014 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 23 increasing their positions, 8 reducing their positions, and 2 closing their positions.
900% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 2
188% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 8
62% more capital invested
Capital invested by funds: $109M → $177M (+$67.6M)
45% more funds holding
Funds holding: 38 → 55 (+17)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$13.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.99M |
| 3 |
JP Morgan Chase
New York
|
+$2.98M |
| 4 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$2.39M |
| 5 |
WA
WESPAC Advisors
Orinda,
California
|
+$2.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$1.28M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$444K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$312K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$171K |
| 5 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
-$136K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CDIA
51
Capital Directions Investment Advisors
Atlanta,
Georgia
| $8K | +$7.83K | +186 | New |
|
|
NPC
52
National Planning Corporation
El Segundo,
California
| $4.25K | +$4.21K | +100 | New |
|
|
NFG
53
Next Financial Group
Houston,
Texas
| $4K | -$26.7K | -635 | -86% |
|
|
BRWA
54
B. Riley Wealth Advisors
Boca Raton,
Florida
| $193 | +$186K | +4,405 | New |
|
|
EWM
55
Edge Wealth Management
New York
| – | -$7K | -161 | Closed |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| – | -$5K | -129 | Closed |
|
57
Parallax Volatility Advisers
San Francisco,
California
| – | +$42 | +1 | New |
|
QTEC Hedge Fund Activity: Q4 2014 in Review
55 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q4 2014, worth a combined $177M — up 62% from $109M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new QTEC positions and 2 closed out — a net gain of 18 holders — while 23 added to existing stakes and 8 trimmed.
The largest buyer was Wells Fargo, adding an estimated $13.8M. The largest seller was Stifel Financial, cutting an estimated $1.28M.
- 55 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q4 2014, up from 38 in Q3 2014.
- Funds reported $177M of First Trust NASDAQ-100 Technology Index Fund stock for Q4 2014, up 62% quarter-over-quarter.
- 20 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q4 2014 and 2 closed out, a net change of +18 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q4 2014 was Wells Fargo, an estimated $13.8M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q4 2014 was Stifel Financial, an estimated $1.28M sold.
Based on aggregated 13F filings for Q4 2014.