First Trust NASDAQ-100 Technology Index Fund
QTEC
163 hedge funds and large institutions have $1.64B invested in First Trust NASDAQ-100 Technology Index Fund in 2018 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 70 increasing their positions, 47 reducing their positions, and 18 closing their positions.
216% more call options, than puts
Call options by funds: $2.25M | Put options by funds: $713K
49% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 47
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
4% more funds holding
Funds holding: 157 → 163 (+6)
3% more capital invested
Capital invested by funds: $1.59B → $1.64B (+$52.9M)
0.09% less ownership
Funds ownership: 65.82% → 65.72% (-0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$13.8M |
| 2 |
BFG
Barber Financial Group
Lenexa,
Kansas
|
+$12.7M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$12.2M |
| 4 |
CWSR
Chessman Wealth Strategies RIA
Dallas,
Texas
|
+$8.18M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$11.7M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$7.75M |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$6.35M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$4.97M |
| 5 |
Morgan Stanley
New York
|
-$3.21M |
QTEC Hedge Fund Activity: Q2 2018 in Review
163 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q2 2018, worth a combined $1.64B — up 3.3% from $1.59B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new QTEC positions and 18 closed out — a net gain of 8 holders — while 70 added to existing stakes and 47 trimmed.
The largest buyer was Cornerstone Wealth Management, opening a new position worth an estimated $13.8M. The largest seller was Jane Street, cutting an estimated $11.7M.
- 163 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q2 2018, up from 157 in Q1 2018.
- Funds reported $1.64B of First Trust NASDAQ-100 Technology Index Fund stock for Q2 2018, up 3.3% quarter-over-quarter.
- 26 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q2 2018 and 18 closed out, a net change of +8 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $13.8M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q2 2018 was Jane Street, an estimated $11.7M sold.
Based on aggregated 13F filings for Q2 2018.