First Trust NASDAQ-100 Technology Index Fund
QTEC
53 hedge funds and large institutions have $150M invested in First Trust NASDAQ-100 Technology Index Fund in 2015 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 13 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
77% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 13
8% more funds holding
Funds holding: 49 → 53 (+4)
18% less capital invested
Capital invested by funds: $183M → $150M (-$33M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$2.95M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
+$2.72M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.23M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.34M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.28M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.13M |
| 4 |
SG Americas Securities
New York
|
-$1.06M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$798K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHC
51
First Heartland Consultants
Lake St. Louis,
Missouri
| $264 | -$6.2K | -140 | -2% |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $12 | +$12.6K | +285 | New |
|
53
Jane Street
New York
| – | -$577K | -13,296 | Closed |
|
54
Creative Planning
Overland Park,
Kansas
| – | -$13K | -300 | Closed |
|
|
CDIA
55
Capital Directions Investment Advisors
Atlanta,
Georgia
| – | -$8K | -186 | Closed |
|
QTEC Hedge Fund Activity: Q2 2015 in Review
53 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q2 2015, worth a combined $150M — down 18% from $183M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new QTEC positions and 3 closed out — a net gain of 6 holders — while 23 added to existing stakes and 13 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $2.95M. The largest seller was Morgan Stanley, cutting an estimated $3.4M.
- 53 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q2 2015, up from 49 in Q1 2015.
- Funds reported $150M of First Trust NASDAQ-100 Technology Index Fund stock for Q2 2015, down 18% quarter-over-quarter.
- 9 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q2 2015 and 3 closed out, a net change of +6 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q2 2015 was JP Morgan Chase, an estimated $2.95M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q2 2015 was Morgan Stanley, an estimated $3.4M sold.
Based on aggregated 13F filings for Q2 2015.