First Trust NASDAQ-100 Technology Index Fund
QTEC
338 hedge funds and large institutions have $2.61B invested in First Trust NASDAQ-100 Technology Index Fund in 2024 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 106 increasing their positions, 119 reducing their positions, and 26 closing their positions.
65% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 26
4% more funds holding
Funds holding: 324 → 338 (+14)
2% more capital invested
Capital invested by funds: $2.55B → $2.61B (+$60.2M)
0.15% less ownership
Funds ownership: 63.8% → 63.65% (-0.15%)
11% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 119
13% less funds holding in top 10
Funds holding in top 10: 15 → 13 (-2)
79% less call options, than puts
Call options by funds: $2.13M | Put options by funds: $10.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$17.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$11.1M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.75M |
| 4 |
KDA
Kraft Davis & Associates
St. Louis,
Missouri
|
+$3.59M |
| 5 |
FTS
Fifth Third Securities
Cincinnati,
Ohio
|
+$3.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$17.7M |
| 2 |
Morgan Stanley
New York
|
-$8.44M |
| 3 |
Goldman Sachs
New York
|
-$7.48M |
| 4 |
RFM
Royal Fund Management
Lady Lake,
Florida
|
-$6.77M |
| 5 |
JP Morgan Chase
New York
|
-$6.24M |
QTEC Hedge Fund Activity: Q2 2024 in Review
338 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q2 2024, worth a combined $2.61B — up 2.4% from $2.55B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new QTEC positions and 26 closed out — a net gain of 17 holders — while 106 added to existing stakes and 119 trimmed.
The largest buyer was Bank of America, adding an estimated $17.9M. The largest seller was Money Concepts Capital, exiting entirely with an estimated $17.7M sold.
- 338 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q2 2024, up from 324 in Q1 2024.
- Funds reported $2.61B of First Trust NASDAQ-100 Technology Index Fund stock for Q2 2024, up 2.4% quarter-over-quarter.
- 43 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q2 2024 and 26 closed out, a net change of +17 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q2 2024 was Bank of America, an estimated $17.9M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q2 2024 was Money Concepts Capital, an estimated $17.7M sold.
Based on aggregated 13F filings for Q2 2024.