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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
SFI
51
SPC Financial Inc
Maryland
$3.19M +$2.87M +21,649 New
HI
52
Harbour Investments
Wisconsin
$3.13M +$97K +731 +4%
CW
53
CreativeOne Wealth
Kansas
$2.93M -$219K -1,650 -8%
TYCC
54
Texas Yale Capital Corp
Florida
$2.86M -$1.86K -14 -0.1%
TCMP
55
Thrive Capital Management (Pennsylvania)
Pennsylvania
$2.8M -$82.5K -622 -3%
AWS
56
Atria Wealth Solutions
New York
$2.76M -$30.8K -232 -1%
MML Investors Services
57
MML Investors Services
Massachusetts
$2.72M +$363K +2,733 +17%
AAS
58
Avantax Advisory Services
Texas
$2.71M -$19.2K -145 -0.8%
HAS
59
HBW Advisory Services
California
$2.61M +$115K +866 +5%
CWM
60
Concentrum Wealth Management
California
$2.57M -$850K -6,406 -27%
OC
61
Oppenheimer & Co
New York
$2.52M +$420K +3,162 +23%
AFP
62
Ausdal Financial Partners
Iowa
$2.41M -$3.85K -29 -0.2%
AWA
63
Arkadios Wealth Advisors
Georgia
$2.33M -$14.9K -112 -0.7%
MIM
64
MTM Investment Management
South Carolina
$2.32M
BFEC
65
Benjamin F. Edwards & Company
Missouri
$2.3M -$582K -4,385 -22%
IA
66
IFG Advisory
Georgia
$2.09M +$9.16K +69 +0.5%
CA
67
Cetera Advisors
Colorado
$2.06M -$90.6K -683 -5%
PWA
68
PCG Wealth Advisors
Kansas
$2M -$47K -354 -3%
SCA
69
Snowden Capital Advisors
New York
$1.88M +$797K +6,003 +88%
SPI
70
Santori & Peters Inc
Pennsylvania
$1.79M +$39.7K +299 +3%
Cetera Investment Advisers
71
Cetera Investment Advisers
Illinois
$1.75M -$59.7K -450 -4%
NA
72
NewEdge Advisors
Louisiana
$1.73M +$140K +1,052 +10%
ATPW
73
Ashton Thomas Private Wealth
Arizona
$1.55M +$1.4M +10,552 New
PNC Financial Services Group
74
PNC Financial Services Group
Pennsylvania
$1.44M +$80.8K +609 +7%
HighTower Advisors
75
HighTower Advisors
Illinois
$1.4M -$328K -2,469 -21%

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.