First Trust NASDAQ-100 Technology Index Fund
QTEC
255 hedge funds and large institutions have $830M invested in First Trust NASDAQ-100 Technology Index Fund in 2022 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 48 increasing their positions, 125 reducing their positions, and 45 closing their positions.
17% more call options, than puts
Call options by funds: $1.03M | Put options by funds: $881K
2.44% less ownership
Funds ownership: 54.11% → 51.66% (-2.4%)
7% less funds holding
Funds holding: 275 → 255 (-20)
40% less capital invested
Capital invested by funds: $1.38B → $830M (-$555M)
42% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 45
55% less funds holding in top 10
Funds holding in top 10: 11 → 5 (-6)
62% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 125
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$4.55M |
| 2 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$4.42M |
| 3 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$4.16M |
| 4 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
+$3.83M |
| 5 |
HF
HRT Financial
New York
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
-$55.5M |
| 2 |
Morgan Stanley
New York
|
-$43.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$25.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$19.6M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$13.3M |
QTEC Hedge Fund Activity: Q2 2022 in Review
255 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q2 2022, worth a combined $830M — down 40% from $1.38B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of QTEC and 26 opened new positions — a net loss of 19 holders — while 125 trimmed existing stakes and 48 added.
The largest buyer was Citadel Advisors, adding an estimated $4.55M. The largest seller was Total Investment Management, exiting entirely with an estimated $55.5M sold.
- 255 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q2 2022, down from 275 in Q1 2022.
- Funds reported $830M of First Trust NASDAQ-100 Technology Index Fund stock for Q2 2022, down 40% quarter-over-quarter.
- 26 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q2 2022 and 45 closed out, a net change of -19 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q2 2022 was Citadel Advisors, an estimated $4.55M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q2 2022 was Total Investment Management, an estimated $55.5M sold.
Based on aggregated 13F filings for Q2 2022.