First Trust NASDAQ-100 Technology Index Fund
QTEC
83 hedge funds and large institutions have $1.23B invested in First Trust NASDAQ-100 Technology Index Fund in 2016 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 30 increasing their positions, 5 reducing their positions, and 5 closing their positions.
745% more capital invested
Capital invested by funds: $146M → $1.23B (+$1.09B)
740% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 5
500% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 5
80% more funds holding
Funds holding: 46 → 83 (+37)
78.95% more ownership
Funds ownership: 0% → 78.95% (+79%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$559M |
| 2 |
Morgan Stanley
New York
|
+$120M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$96.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$36.7M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$33.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$329K |
| 2 |
OC
Oppenheimer & Co
New York
|
-$199K |
| 3 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$146K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$47.4K |
| 5 |
JFA
JNBA Financial Advisors
Bloomington,
Minnesota
|
-$28K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fifth Third Bancorp
Cincinnati,
Ohio
| $31K | +$30.6K | +594 | New |
|
77
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $22K | +$21.4K | +416 | New |
|
|
IP
78
Intellectus Partners
San Francisco,
California
| $11K | +$10.3K | +200 | New |
|
|
CDIA
79
Capital Directions Investment Advisors
Atlanta,
Georgia
| $10K | – | – | – |
|
|
CTC
80
Central Trust Company
Jefferson City,
Missouri
| $10K | – | – | – |
|
|
RFM
81
Royal Fund Management
Lady Lake,
Florida
| $3K | +$3.3K | +64 | New |
|
|
82
SG Americas Securities
New York
| – | -$329K | -6,466 | Closed |
|
|
ACM
83
Argentus Capital Management
Dallas,
Texas
| – | -$48K | -936 | Closed |
|
|
JFA
84
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$28K | -550 | Closed |
|
|
S
85
SignatureFD
Atlanta,
Georgia
| – | -$28K | -550 | Closed |
|
|
MWP
86
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | -$3K | -66 | Closed |
|
|
AWMS
87
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | +$52 | +1 | New |
|
QTEC Hedge Fund Activity: Q4 2016 in Review
83 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q4 2016, worth a combined $1.23B — up 745% from $146M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new QTEC positions and 5 closed out — a net gain of 37 holders — while 30 added to existing stakes and 5 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $559M. The largest seller was SG Americas Securities, exiting entirely with an estimated $329K sold.
- 83 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q4 2016, up from 46 in Q3 2016.
- Funds reported $1.23B of First Trust NASDAQ-100 Technology Index Fund stock for Q4 2016, up 745% quarter-over-quarter.
- 42 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q4 2016 and 5 closed out, a net change of +37 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q4 2016 was First Trust Advisors, an estimated $559M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q4 2016 was SG Americas Securities, an estimated $329K sold.
Based on aggregated 13F filings for Q4 2016.