First Trust NASDAQ-100 Technology Index Fund
QTEC
228 hedge funds and large institutions have $698M invested in First Trust NASDAQ-100 Technology Index Fund in 2022 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 40 increasing their positions, 112 reducing their positions, and 23 closing their positions.
9,657% more call options, than puts
Call options by funds: $683K | Put options by funds: $7K
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
0.38% less ownership
Funds ownership: 51.1% → 50.72% (-0.38%)
4% less capital invested
Capital invested by funds: $730M → $698M (-$31.8M)
3% less funds holding
Funds holding: 236 → 228 (-8)
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
64% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 112
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIG
Kowal Investment Group
Brookfield,
Wisconsin
|
+$14.9M |
| 2 |
VAG
VisionPoint Advisory Group
Dallas,
Texas
|
+$7.33M |
| 3 |
JP Morgan Chase
New York
|
+$6.13M |
| 4 |
FIM
FWL Investment Management
Dallas,
Texas
|
+$5.71M |
| 5 |
RW
RVW Wealth
Los Angeles,
California
|
+$5.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$22.3M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$15.7M |
| 3 |
Morgan Stanley
New York
|
-$6.41M |
| 4 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
-$4.07M |
| 5 |
PS
Portfolio Strategies
Monsey,
New York
|
-$3.64M |
QTEC Hedge Fund Activity: Q4 2022 in Review
228 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q4 2022, worth a combined $698M — down 4.4% from $730M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of QTEC and 20 opened new positions — a net loss of 3 holders — while 112 trimmed existing stakes and 40 added.
The largest buyer was Kowal Investment Group, adding an estimated $14.9M. The largest seller was Meitav Investment House, cutting an estimated $22.3M.
- 228 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q4 2022, down from 236 in Q3 2022.
- Funds reported $698M of First Trust NASDAQ-100 Technology Index Fund stock for Q4 2022, down 4.4% quarter-over-quarter.
- 20 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q4 2022 and 23 closed out, a net change of -3 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q4 2022 was Kowal Investment Group, an estimated $14.9M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q4 2022 was Meitav Investment House, an estimated $22.3M sold.
Based on aggregated 13F filings for Q4 2022.