First Trust NASDAQ-100 Technology Index Fund
QTEC
256 hedge funds and large institutions have $2.01B invested in First Trust NASDAQ-100 Technology Index Fund in 2021 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 74 increasing their positions, 103 reducing their positions, and 13 closing their positions.
138% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 13
34% more call options, than puts
Call options by funds: $363K | Put options by funds: $270K
5% more funds holding
Funds holding: 243 → 256 (+13)
0.09% less ownership
Funds ownership: 62.33% → 62.23% (-0.09%)
4% less capital invested
Capital invested by funds: $2.09B → $2.01B (-$84.7M)
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
28% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$16.2M |
| 2 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$12.6M |
| 3 |
GCA
Genesee Capital Advisors
Auburn,
New York
|
+$6.58M |
| 4 |
AWM
Avior Wealth Management
Omaha,
Nebraska
|
+$6.11M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$29.7M |
| 2 |
Goldman Sachs
New York
|
-$16.7M |
| 3 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
-$14.3M |
| 4 |
CM
Churchill Management
Los Angeles,
California
|
-$13.8M |
| 5 |
Morgan Stanley
New York
|
-$12.1M |
QTEC Hedge Fund Activity: Q1 2021 in Review
256 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q1 2021, worth a combined $2.01B — down 4.1% from $2.09B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new QTEC positions and 13 closed out — a net gain of 18 holders — while 74 added to existing stakes and 103 trimmed.
The largest buyer was Meitav Investment House, adding an estimated $16.2M. The largest seller was Wells Fargo, cutting an estimated $29.7M.
- 256 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q1 2021, up from 243 in Q4 2020.
- Funds reported $2.01B of First Trust NASDAQ-100 Technology Index Fund stock for Q1 2021, down 4.1% quarter-over-quarter.
- 31 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q1 2021 and 13 closed out, a net change of +18 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q1 2021 was Meitav Investment House, an estimated $16.2M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q1 2021 was Wells Fargo, an estimated $29.7M sold.
Based on aggregated 13F filings for Q1 2021.