First Trust NASDAQ-100 Technology Index Fund
QTEC
243 hedge funds and large institutions have $2.09B invested in First Trust NASDAQ-100 Technology Index Fund in 2020 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 74 increasing their positions, 84 reducing their positions, and 16 closing their positions.
156% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 16
40% more funds holding in top 10
Funds holding in top 10: 10 → 14 (+4)
21% more capital invested
Capital invested by funds: $1.73B → $2.09B (+$357M)
9% more funds holding
Funds holding: 223 → 243 (+20)
0.2% less ownership
Funds ownership: 62.53% → 62.33% (-0.2%)
12% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 84
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $1.48M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$25.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.3M |
| 3 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$4.81M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.11M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$16.4M |
| 2 |
Morgan Stanley
New York
|
-$7.27M |
| 3 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$4.73M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.19M |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$2.62M |
QTEC Hedge Fund Activity: Q4 2020 in Review
243 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q4 2020, worth a combined $2.09B — up 21% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new QTEC positions and 16 closed out — a net gain of 25 holders — while 74 added to existing stakes and 84 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $25.9M. The largest seller was First Trust Advisors, cutting an estimated $16.4M.
- 243 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q4 2020, up from 223 in Q3 2020.
- Funds reported $2.09B of First Trust NASDAQ-100 Technology Index Fund stock for Q4 2020, up 21% quarter-over-quarter.
- 41 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q4 2020 and 16 closed out, a net change of +25 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q4 2020 was Goldman Sachs, an estimated $25.9M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q4 2020 was First Trust Advisors, an estimated $16.4M sold.
Based on aggregated 13F filings for Q4 2020.