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First Trust NASDAQ-100 Technology Index Fund
QTEC

231 hedge funds and large institutions have $825M invested in First Trust NASDAQ-100 Technology Index Fund in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 55 increasing their positions, 84 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more funds holding in top 10

Funds holding in top 10: 7 → 10 (+3)

38% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 21

18% more capital invested

Capital invested by funds: $698M → $825M (+$127M)

1% more funds holding

Funds holding: 228 → 231 (+3)

0.55% more ownership

Funds ownership: 50.72% → 51.27% (+0.55%)

35% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 84

Holders
231
Holders Change
+3
Holders Change %
+1.32%
% of All Funds
3.68%
Holding in Top 10
10
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+42.86%
% of All Funds
0.16%
New
29
Increased
55
Reduced
84
Closed
21
Calls
$566K
Puts
–
Net Calls
+$566K
Net Calls Change
-$110K

Top Buyers

Rank Fund Capital Flow
1
JP Morgan Chase
JP Morgan Chase
New York
+$15.9M
2
KIG
Kowal Investment Group
Wisconsin
+$6.97M
3
CWP
Cyndeo Wealth Partners
Florida
+$5.46M
4
NA
Navellier & Associates
Nevada
+$4M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$3.62M

Top Sellers

Rank Fund Capital Flow
1
MIH
Meitav Investment House
Israel
-$11.5M
2
RW
RVW Wealth
California
-$7.01M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$5.73M
4
HF
HRT Financial
New York
-$5.3M
5
Wells Fargo
Wells Fargo
California
-$3.86M
Name Holding Trade Value Shares
Change 		Change in
Stake
DWA
76
Delos Wealth Advisors
Texas
$1.16M +$12.2K +102 +1%
AR
77
Apeiron RIA
Texas
$1.16M -$272K -2,273 -20%
D
78
Diversified
Delaware
$1.14M +$240 +2 +0%
SWP
79
Stratos Wealth Partners
Ohio
$1.08M -$191K -1,590 -16%
RF
80
Rollins Financial
Georgia
$1.06M -$370K -3,085 -27%
TA
81
TFG Advisers
Michigan
$1.06M +$240 +2 +0%
KPWS
82
Kestra Private Wealth Services
Texas
$960K -$364K -3,037 -29%
US Bancorp
83
US Bancorp
Minnesota
$940K +$439K +3,659 +103%
UCFA
84
United Capital Financial Advisors
Texas
$939K -$169K -1,411 -16%
PWP
85
Pursue Wealth Partners
California
$933K – – –
BFAG
86
Blackston Financial Advisory Group
Florida
$911K -$79.7K -665 -9%
SCA
87
Snowden Capital Advisors
New York
$887K -$29.2K -244 -3%
JMPWA
88
JP Morgan Private Wealth Advisors
California
$887K -$16.8K -140 -2%
JCM
89
Jacobi Capital Management
Pennsylvania
$879K +$719 +6 +0.1%
BDWCC
90
B&D White Capital Company
Texas
$857K – – –
WAP
91
Wealthcare Advisory Partners
Pennsylvania
$831K +$35.6K +297 +5%
National Bank of Canada
92
National Bank of Canada
Quebec, Canada
$829K -$39K -325 -5%
Creative Planning
93
Creative Planning
Kansas
$815K -$11.6K -97 -2%
FEM
94
Fulcrum Equity Management
Texas
$789K +$725K +6,045 New
KWM
95
Kingsview Wealth Management
Oregon
$783K – – –
MCWS
96
McKinley Carter Wealth Services
West Virginia
$783K – – –
William Blair & Company
97
William Blair & Company
Illinois
$781K – – –
CBFP
98
Cedar Brook Financial Partners
Ohio
$773K +$240 +2 +0%
LSA
99
L & S Advisors
California
$766K +$703K +5,867 New
BRWA
100
B. Riley Wealth Advisors
Florida
$748K – – –
2 3
4
5 6

QTEC Hedge Fund Activity: Q1 2023 in Review

231 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q1 2023, worth a combined $825M — up 18% from $698M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new QTEC positions and 21 closed out — a net gain of 8 holders — while 55 added to existing stakes and 84 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $15.9M. The largest seller was Meitav Investment House, cutting an estimated $11.5M.

  • 231 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q1 2023, up from 228 in Q4 2022.
  • Funds reported $825M of First Trust NASDAQ-100 Technology Index Fund stock for Q1 2023, up 18% quarter-over-quarter.
  • 29 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q1 2023 and 21 closed out, a net change of +8 holders.
  • The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q1 2023 was JP Morgan Chase, an estimated $15.9M added.
  • The largest First Trust NASDAQ-100 Technology Index Fund seller in Q1 2023 was Meitav Investment House, an estimated $11.5M sold.

Based on aggregated 13F filings for Q1 2023.