First Trust NASDAQ-100 Technology Index Fund
QTEC
275 hedge funds and large institutions have $1.38B invested in First Trust NASDAQ-100 Technology Index Fund in 2022 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 56 increasing their positions, 128 reducing their positions, and 45 closing their positions.
4% more call options, than puts
Call options by funds: $1.91M | Put options by funds: $1.83M
7% less funds holding
Funds holding: 295 → 275 (-20)
8.47% less ownership
Funds ownership: 62.57% → 54.11% (-8.5%)
31% less funds holding in top 10
Funds holding in top 10: 16 → 11 (-5)
38% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 45
45% less capital invested
Capital invested by funds: $2.53B → $1.38B (-$1.14B)
56% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 128
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$67.2M |
| 2 |
KHLMVGHM
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet
Tel Aviv,
Israel
|
+$34.6M |
| 3 |
Millennium Management
New York
|
+$12.8M |
| 4 |
KHLMTHM
Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet
Tel Aviv,
Israel
|
+$12.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$652M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$76.2M |
| 3 |
Morgan Stanley
New York
|
-$53.6M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$24.1M |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$21.7M |
QTEC Hedge Fund Activity: Q1 2022 in Review
275 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q1 2022, worth a combined $1.38B — down 45% from $2.53B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of QTEC and 28 opened new positions — a net loss of 17 holders — while 128 trimmed existing stakes and 56 added.
The largest buyer was Meitav Investment House, adding an estimated $67.2M. The largest seller was First Trust Advisors, exiting entirely with an estimated $652M sold.
- 275 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q1 2022, down from 295 in Q4 2021.
- Funds reported $1.38B of First Trust NASDAQ-100 Technology Index Fund stock for Q1 2022, down 45% quarter-over-quarter.
- 28 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q1 2022 and 45 closed out, a net change of -17 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q1 2022 was Meitav Investment House, an estimated $67.2M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q1 2022 was First Trust Advisors, an estimated $652M sold.
Based on aggregated 13F filings for Q1 2022.