First Trust NASDAQ-100 Technology Index Fund
QTEC
198 hedge funds and large institutions have $1.2B invested in First Trust NASDAQ-100 Technology Index Fund in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 52 increasing their positions, 90 reducing their positions, and 49 closing their positions.
6.22% less ownership
Funds ownership: 64.68% → 58.46% (-6.2%)
13% less funds holding
Funds holding: 227 → 198 (-29)
36% less capital invested
Capital invested by funds: $1.89B → $1.2B (-$681M)
42% less funds holding in top 10
Funds holding in top 10: 12 → 7 (-5)
42% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 90
53% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 49
99% less call options, than puts
Call options by funds: $4K | Put options by funds: $373K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$26.3M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$7.72M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.53M |
| 4 |
IWA
Intercontinental Wealth Advisors
San Antonio,
Texas
|
+$4.44M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$200M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$43M |
| 3 |
CM
Churchill Management
Los Angeles,
California
|
-$37.5M |
| 4 |
BFG
Barber Financial Group
Lenexa,
Kansas
|
-$22.1M |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$20.9M |
QTEC Hedge Fund Activity: Q1 2020 in Review
198 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q1 2020, worth a combined $1.2B — down 36% from $1.89B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of QTEC and 23 opened new positions — a net loss of 26 holders — while 90 trimmed existing stakes and 52 added.
The largest buyer was Total Investment Management, opening a new position worth an estimated $26.3M. The largest seller was First Trust Advisors, cutting an estimated $200M.
- 198 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q1 2020, down from 227 in Q4 2019.
- Funds reported $1.2B of First Trust NASDAQ-100 Technology Index Fund stock for Q1 2020, down 36% quarter-over-quarter.
- 23 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q1 2020 and 49 closed out, a net change of -26 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q1 2020 was Total Investment Management, an estimated $26.3M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q1 2020 was First Trust Advisors, an estimated $200M sold.
Based on aggregated 13F filings for Q1 2020.