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First Trust NASDAQ-100 Technology Index Fund

231 hedge funds and large institutions have $825M invested in First Trust NASDAQ-100 Technology Index Fund in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 55 increasing their positions, 84 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more funds holding in top 10

Funds holding in top 10: 710 (+3)

38% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 21

18% more capital invested

Capital invested by funds: $698M → $825M (+$127M)

1% more funds holding

Funds holding: 228231 (+3)

0.55% more ownership

Funds ownership: 50.72%51.27% (+0.55%)

35% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 84

Holders
231
Holders Change
+3
Holders Change %
+1.32%
% of All Funds
3.68%
Holding in Top 10
10
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+42.86%
% of All Funds
0.16%
New
29
Increased
55
Reduced
84
Closed
21
Calls
$566K
Puts
Net Calls
+$566K
Net Calls Change
-$110K
Name Holding Trade Value Shares
Change
Change in
Stake
ETIA
101
Epic Trust Investment Advisors
Washington
$745K +$82K +684 +14%
ADL
102
Asset Dedication LLC
California
$722K
SM
103
Sensible Money
Arizona
$718K
PVI
104
Pine Valley Investments
New Jersey
$689K +$719K +5,995 New
TRCT
105
Tower Research Capital (TRC)
New York
$685K -$3.7M -30,886 -85%
AWM
106
Accel Wealth Management
Iowa
$665K +$610K +5,092 New
KNW
107
Kesler Norman & Wride
Utah
$649K -$81.6K -681 -12%
BHB
108
Bank Hapoalim BM
Israel
$644K -$27K -225 -4%
ODG
109
O'Dell Group
Ohio
$630K -$23.9K -199 -4%
Northwestern Mutual Wealth Management
110
Northwestern Mutual Wealth Management
Wisconsin
$624K +$286K +2,385 +99%
QA
111
Quantitative Advantage
Minnesota
$619K
MAP
112
Milestone Advisory Partners
North Carolina
$600K
SFPG
113
Stonebridge Financial Planning Group
Florida
$591K -$454K -3,791 -46%
WS
114
Wedbush Securities
California
$586K -$77.9K -650 -13%
LFAS
115
Level Four Advisory Services
Texas
$577K +$530K +4,420 New
PWA
116
Peterson Wealth Advisors
Utah
$576K -$1.68K -14 -0.3%
TCWM
117
Total Clarity Wealth Management
Illinois
$545K -$4.32K -36 -0.9%
FWM
118
Fingerlakes Wealth Management
New York
$507K -$4.43K -37 -0.9%
CFGS
119
Concourse Financial Group Securities
Alabama
$499K -$19.4K -162 -4%
GRP
120
Global Retirement Partners
California
$487K +$327K +2,726 +207%
PFA
121
Plotkin Financial Advisors
Maryland
$486K -$4.91K -41 -1%
SPIA
122
Steward Partners Investment Advisory
New York
$484K -$959 -8 -0.2%
CWA
123
Capital Wealth Alliance
Arizona
$463K -$328K -2,735 -44%
Northern Trust
124
Northern Trust
Illinois
$463K
DFG
125
Delta Financial Group
New Jersey
$461K +$24K +200 +6%

QTEC Hedge Fund Activity: Q1 2023 in Review

231 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q1 2023, worth a combined $825M — up 18% from $698M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new QTEC positions and 21 closed out — a net gain of 8 holders — while 55 added to existing stakes and 84 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $15.9M. The largest seller was Meitav Investment House, cutting an estimated $11.5M.

  • 231 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q1 2023, up from 228 in Q4 2022.
  • Funds reported $825M of First Trust NASDAQ-100 Technology Index Fund stock for Q1 2023, up 18% quarter-over-quarter.
  • 29 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q1 2023 and 21 closed out, a net change of +8 holders.
  • The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q1 2023 was JP Morgan Chase, an estimated $15.9M added.
  • The largest First Trust NASDAQ-100 Technology Index Fund seller in Q1 2023 was Meitav Investment House, an estimated $11.5M sold.

Based on aggregated 13F filings for Q1 2023.