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First Trust NASDAQ-100 Technology Index Fund

231 hedge funds and large institutions have $825M invested in First Trust NASDAQ-100 Technology Index Fund in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 55 increasing their positions, 84 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more funds holding in top 10

Funds holding in top 10: 710 (+3)

38% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 21

18% more capital invested

Capital invested by funds: $698M → $825M (+$127M)

1% more funds holding

Funds holding: 228231 (+3)

0.55% more ownership

Funds ownership: 50.72%51.27% (+0.55%)

35% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 84

Holders
231
Holders Change
+3
Holders Change %
+1.32%
% of All Funds
3.68%
Holding in Top 10
10
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+42.86%
% of All Funds
0.16%
New
29
Increased
55
Reduced
84
Closed
21
Calls
$566K
Puts
Net Calls
+$566K
Net Calls Change
-$110K
Name Holding Trade Value Shares
Change
Change in
Stake
DWP
176
Destiny Wealth Partners
Florida
$213K
PFS
177
Prospera Financial Services
Texas
$210K -$156K -1,305 -45%
APWA
178
Atlas Private Wealth Advisors
New Jersey
$208K +$191K +1,596 New
OWA
179
Octavia Wealth Advisors
Ohio
$203K +$186K +1,552 New
HIA
180
Harbor Investment Advisory
Maryland
$202K
SW
181
SVB Wealth
Massachusetts
$202K +$186K +1,550 New
Millennium Management
182
Millennium Management
New York
$201K -$1.3M -10,869 -88%
GWM
183
Geneos Wealth Management
Colorado
$181K +$47.6K +397 +40%
Carson Wealth (CWM LLC)
184
Carson Wealth (CWM LLC)
Nebraska
$170K +$13.3K +111 +9%
AP
185
Atwood & Palmer
Missouri
$168K -$781K -6,520 -83%
IA
186
IFP Advisors
Florida
$136K -$944K -7,878 -82%
S
187
SignatureFD
Georgia
$124K
1832 Asset Management
188
1832 Asset Management
Ontario, Canada
$123K
SS
189
Sunbelt Securities
Texas
$108K +$101K +841 New
WT
190
Whittier Trust
California
$88.9K
AAS
191
Ameritas Advisory Services
Nebraska
$83.7K +$78.4K +654 New
NFSG
192
Newbridge Financial Services Group
Florida
$82.9K
FWM
193
Focused Wealth Management
New York
$80K -$479 -4 -0.6%
EWM
194
Endurance Wealth Management
Rhode Island
$78K
Fifth Third Bancorp
195
Fifth Third Bancorp
Ohio
$75.3K
BWP
196
Baldwin Wealth Partners
Massachusetts
$65.3K
NIC
197
Northwest Investment Counselors
Oregon
$62.3K
AWM
198
Avondale Wealth Management
Texas
$62.1K +$1.68K +14 +3%
AA
199
AlphaMark Advisors
Kentucky
$57K +$3.6K +30 +7%
SIC
200
Salem Investment Counselors
North Carolina
$45.5K

QTEC Hedge Fund Activity: Q1 2023 in Review

231 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q1 2023, worth a combined $825M — up 18% from $698M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new QTEC positions and 21 closed out — a net gain of 8 holders — while 55 added to existing stakes and 84 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $15.9M. The largest seller was Meitav Investment House, cutting an estimated $11.5M.

  • 231 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q1 2023, up from 228 in Q4 2022.
  • Funds reported $825M of First Trust NASDAQ-100 Technology Index Fund stock for Q1 2023, up 18% quarter-over-quarter.
  • 29 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q1 2023 and 21 closed out, a net change of +8 holders.
  • The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q1 2023 was JP Morgan Chase, an estimated $15.9M added.
  • The largest First Trust NASDAQ-100 Technology Index Fund seller in Q1 2023 was Meitav Investment House, an estimated $11.5M sold.

Based on aggregated 13F filings for Q1 2023.