First Trust NASDAQ-100 Technology Index Fund
QTEC
49 hedge funds and large institutions have $140M invested in First Trust NASDAQ-100 Technology Index Fund in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
14% more capital invested
Capital invested by funds: $123M → $140M (+$17.5M)
2% more funds holding
Funds holding: 48 → 49 (+1)
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.28M |
| 2 |
Morgan Stanley
New York
|
+$2.07M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.92M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.74M |
| 5 |
WA
WESPAC Advisors
Orinda,
California
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1.12M |
| 2 |
Jane Street
New York
|
-$741K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$646K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$507K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$355K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HF
51
HRT Financial
New York
| – | -$261K | -6,634 | Closed |
|
52
Simplex Trading
Chicago,
Illinois
| – | -$39K | -1,000 | Closed |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$18K | -450 | Closed |
|
QTEC Hedge Fund Activity: Q4 2015 in Review
49 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q4 2015, worth a combined $140M — up 14% from $123M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new QTEC positions and 5 closed out — a net gain of 1 holder — while 19 added to existing stakes and 18 trimmed.
The largest buyer was LPL Financial, adding an estimated $2.28M. The largest seller was JP Morgan Chase, cutting an estimated $1.12M.
- 49 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q4 2015, up from 48 in Q3 2015.
- Funds reported $140M of First Trust NASDAQ-100 Technology Index Fund stock for Q4 2015, up 14% quarter-over-quarter.
- 6 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q4 2015 and 5 closed out, a net change of +1 holder.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q4 2015 was LPL Financial, an estimated $2.28M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q4 2015 was JP Morgan Chase, an estimated $1.12M sold.
Based on aggregated 13F filings for Q4 2015.