First Trust NASDAQ-100 Technology Index Fund
QTEC
324 hedge funds and large institutions have $2.55B invested in First Trust NASDAQ-100 Technology Index Fund in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 108 increasing their positions, 116 reducing their positions, and 35 closing their positions.
188% more call options, than puts
Call options by funds: $1.7M | Put options by funds: $591K
26% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 35
2% more funds holding
Funds holding: 319 → 324 (+5)
0% more funds holding in top 10
Funds holding in top 10: 15 → 15 (0)
0% less capital invested
Capital invested by funds: $2.56B → $2.55B (-$9.85M)
7% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 116
9.73% less ownership
Funds ownership: 73.53% → 63.8% (-9.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$27.3M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$15.4M |
| 3 |
NP
Nilsine Partners
Greenwood Village,
Colorado
|
+$13.3M |
| 4 |
Citigroup
New York
|
+$10.5M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$8.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$136M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$91.1M |
| 3 |
KHLMVGHM
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet
Tel Aviv,
Israel
|
-$33.3M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$19.3M |
| 5 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$13.4M |
QTEC Hedge Fund Activity: Q1 2024 in Review
324 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q1 2024, worth a combined $2.55B — down 0.38% from $2.56B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new QTEC positions and 35 closed out — a net gain of 9 holders — while 108 added to existing stakes and 116 trimmed.
The largest buyer was Bank of America, adding an estimated $27.3M. The largest seller was Morgan Stanley, cutting an estimated $136M.
- 324 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q1 2024, up from 319 in Q4 2023.
- Funds reported $2.55B of First Trust NASDAQ-100 Technology Index Fund stock for Q1 2024, down 0.38% quarter-over-quarter.
- 44 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q1 2024 and 35 closed out, a net change of +9 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q1 2024 was Bank of America, an estimated $27.3M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q1 2024 was Morgan Stanley, an estimated $136M sold.
Based on aggregated 13F filings for Q1 2024.