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First Trust NASDAQ-100 Technology Index Fund

248 hedge funds and large institutions have $1.04B invested in First Trust NASDAQ-100 Technology Index Fund in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 66 increasing their positions, 87 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

162% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 13

26% more capital invested

Capital invested by funds: $825M → $1.04B (+$213M)

7% more funds holding

Funds holding: 231248 (+17)

2.45% more ownership

Funds ownership: 51.27%53.73% (+2.5%)

20% less funds holding in top 10

Funds holding in top 10: 108 (-2)

24% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 87

Holders
248
Holders Change
+17
Holders Change %
+7.36%
% of All Funds
3.89%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.13%
New
34
Increased
66
Reduced
87
Closed
13
Calls
$505K
Puts
Net Calls
+$505K
Net Calls Change
-$61K
Name Holding Trade Value Shares
Change
Change in
Stake
VCM
151
Virtue Capital Management
Tennessee
$407K
KWS
152
Keystone Wealth Services
California
$395K
Millennium Management
153
Millennium Management
New York
$392K +$150K +1,130 +74%
DI
154
DFPG Investments
Utah
$388K -$3.58K -27 -1%
ZIM
155
Zacks Investment Management
Illinois
$386K +$348K +2,620 New
CWM
156
Cornerstone Wealth Management
Missouri
$381K
ATC
157
Argent Trust Co
Tennessee
$371K
CS
158
Comerica Securities
Michigan
$368K +$20.7K +156 +7%
OHWP
159
Oak Harbor Wealth Partners
North Carolina
$368K
WF
160
Welch & Forbes
Massachusetts
$367K
TRCT
161
Tower Research Capital (TRC)
New York
$352K -$378K -2,848 -54%
TL
162
Tradewinds LLC
North Carolina
$345K -$36.6K -276 -11%
IA
163
IFP Advisors
Florida
$340K +$81.8K +616 +36%
RJT
164
Raymond James Trust
Florida
$339K +$306K +2,306 New
MOS
165
MGO One Seven
Ohio
$334K +$301K +2,268 New
AWM
166
Apollon Wealth Management
South Carolina
$328K +$52K +392 +21%
Carson Wealth (CWM LLC)
167
Carson Wealth (CWM LLC)
Nebraska
$321K +$117K +882 +68%
AFAS
168
Acorn Financial Advisory Services
Virginia
$321K +$17.3K +130 +6%
TSWM
169
Tyler-Stone Wealth Management
Ohio
$317K +$286K +2,157 New
BMC
170
Beaton Management Company
Massachusetts
$316K -$13.3K -100 -4%
MA
171
Mezzasalma Advisors
New Jersey
$312K -$6.64K -50 -2%
CFB
172
Cullen/Frost Bankers
Texas
$311K
BF
173
BOK Financial
Oklahoma
$306K +$13.8K +104 +5%
DC
174
Davenport & Co
Virginia
$296K
BCM
175
Brookstone Capital Management
Illinois
$295K -$2.79K -21 -1%

QTEC Hedge Fund Activity: Q2 2023 in Review

248 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q2 2023, worth a combined $1.04B — up 26% from $825M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new QTEC positions and 13 closed out — a net gain of 21 holders — while 66 added to existing stakes and 87 trimmed.

The largest buyer was Meitav Investment House, adding an estimated $15.6M. The largest seller was RVW Wealth, cutting an estimated $6.23M.

  • 248 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q2 2023, up from 231 in Q1 2023.
  • Funds reported $1.04B of First Trust NASDAQ-100 Technology Index Fund stock for Q2 2023, up 26% quarter-over-quarter.
  • 34 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q2 2023 and 13 closed out, a net change of +21 holders.
  • The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q2 2023 was Meitav Investment House, an estimated $15.6M added.
  • The largest First Trust NASDAQ-100 Technology Index Fund seller in Q2 2023 was RVW Wealth, an estimated $6.23M sold.

Based on aggregated 13F filings for Q2 2023.