First Trust NASDAQ-100 Technology Index Fund
QTEC
122 hedge funds and large institutions have $1.44B invested in First Trust NASDAQ-100 Technology Index Fund in 2017 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 40 increasing their positions, 49 reducing their positions, and 9 closing their positions.
331% more call options, than puts
Call options by funds: $2.24M | Put options by funds: $519K
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
6% more funds holding
Funds holding: 115 → 122 (+7)
2% more capital invested
Capital invested by funds: $1.42B → $1.44B (+$24.8M)
0.41% more ownership
Funds ownership: 67.93% → 68.34% (+0.41%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
18% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$7.7M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$4.49M |
| 3 |
HH
HWG Holdings
Houston,
Texas
|
+$2.71M |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
+$2.62M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$30.2M |
| 2 |
Morgan Stanley
New York
|
-$25.2M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$18.6M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$13.5M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$12.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
HighTower Advisors
Chicago,
Illinois
| – | -$280K | -4,514 | Closed |
|
127
Creative Planning
Overland Park,
Kansas
| – | -$246K | -3,948 | Closed |
|
|
ASN
128
Advisory Services Network
Atlanta,
Georgia
| – | -$25K | -400 | Closed |
|
|
ACM
129
Aviance Capital Management
Sarasota,
Florida
| – | -$8K | -122 | Closed |
|
|
NFG
130
Next Financial Group
Houston,
Texas
| – | -$6K | -92 | Closed |
|
QTEC Hedge Fund Activity: Q3 2017 in Review
122 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q3 2017, worth a combined $1.44B — up 1.7% from $1.42B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new QTEC positions and 9 closed out — a net gain of 9 holders — while 40 added to existing stakes and 49 trimmed.
The largest buyer was BB&T Securities, adding an estimated $7.7M. The largest seller was First Trust Advisors, cutting an estimated $30.2M.
- 122 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q3 2017, up from 115 in Q2 2017.
- Funds reported $1.44B of First Trust NASDAQ-100 Technology Index Fund stock for Q3 2017, up 1.7% quarter-over-quarter.
- 18 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q3 2017 and 9 closed out, a net change of +9 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q3 2017 was BB&T Securities, an estimated $7.7M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q3 2017 was First Trust Advisors, an estimated $30.2M sold.
Based on aggregated 13F filings for Q3 2017.