First Trust NASDAQ-100 Technology Index Fund
QTEC
331 hedge funds and large institutions have $2.62B invested in First Trust NASDAQ-100 Technology Index Fund in 2024 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 95 increasing their positions, 129 reducing their positions, and 39 closing their positions.
15.55% more ownership
Funds ownership: 63.65% → 79.2% (+16%)
0% more capital invested
Capital invested by funds: $2.61B → $2.62B (+$10.5M)
2% less funds holding
Funds holding: 338 → 331 (-7)
10% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 39
26% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 129
38% less funds holding in top 10
Funds holding in top 10: 13 → 8 (-5)
80% less call options, than puts
Call options by funds: $1.89M | Put options by funds: $9.39M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$512M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$71.9M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$18.9M |
| 4 |
VF
Virtu Financial
New York
|
+$15.2M |
| 5 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$15.9M |
| 2 |
TAM
TCP Asset Management
Columbus,
Ohio
|
-$15.2M |
| 3 |
ODFS
O'Donnell Financial Services
San Rafael,
California
|
-$11M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.75M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$8.59M |
QTEC Hedge Fund Activity: Q3 2024 in Review
331 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q3 2024, worth a combined $2.62B — up 0.4% from $2.61B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of QTEC and 35 opened new positions — a net loss of 4 holders — while 129 trimmed existing stakes and 95 added.
The largest buyer was International Assets Investment Management, adding an estimated $512M. The largest seller was Wells Fargo, cutting an estimated $15.9M.
- 331 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q3 2024, down from 338 in Q2 2024.
- Funds reported $2.62B of First Trust NASDAQ-100 Technology Index Fund stock for Q3 2024, up 0.4% quarter-over-quarter.
- 35 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q3 2024 and 39 closed out, a net change of -4 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q3 2024 was International Assets Investment Management, an estimated $512M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q3 2024 was Wells Fargo, an estimated $15.9M sold.
Based on aggregated 13F filings for Q3 2024.