First Trust NASDAQ-100 Technology Index Fund
QTEC
195 hedge funds and large institutions have $1.61B invested in First Trust NASDAQ-100 Technology Index Fund in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 66 increasing their positions, 66 reducing their positions, and 18 closing their positions.
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
2% more funds holding
Funds holding: 191 → 195 (+4)
1% more capital invested
Capital invested by funds: $1.6B → $1.61B (+$8.13M)
0% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 66
1.17% less ownership
Funds ownership: 65.62% → 64.45% (-1.2%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$11.6M |
| 2 |
BFG
Barber Financial Group
Lenexa,
Kansas
|
+$11.3M |
| 3 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$11M |
| 4 |
Morgan Stanley
New York
|
+$7.7M |
| 5 |
Jane Street
New York
|
+$5.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$28.6M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$21.2M |
| 3 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$7.53M |
| 4 |
Goldman Sachs
New York
|
-$7.24M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$6.41M |
QTEC Hedge Fund Activity: Q3 2019 in Review
195 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q3 2019, worth a combined $1.61B — up 0.51% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new QTEC positions and 18 closed out — a net gain of 5 holders — while 66 added to existing stakes and 66 trimmed.
The largest buyer was Navellier & Associates, adding an estimated $11.6M. The largest seller was First Trust Advisors, cutting an estimated $28.6M.
- 195 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q3 2019, up from 191 in Q2 2019.
- Funds reported $1.61B of First Trust NASDAQ-100 Technology Index Fund stock for Q3 2019, up 0.51% quarter-over-quarter.
- 23 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q3 2019 and 18 closed out, a net change of +5 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q3 2019 was Navellier & Associates, an estimated $11.6M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q3 2019 was First Trust Advisors, an estimated $28.6M sold.
Based on aggregated 13F filings for Q3 2019.