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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
YDMI
201
Y.D. More Investments
Israel
$42.4K
BWL
202
Bogart Wealth LLC
Virginia
$38.9K
BBHC
203
Brown Brothers Harriman & Co
New York
$36.5K
TWM
204
Tradition Wealth Management
Minnesota
$32K
LFG
205
Larson Financial Group
Missouri
$30.1K -$360 -3 -1%
IGWM
206
ICA Group Wealth Management
Colorado
$26.1K
SWM
207
Spire Wealth Management
Virginia
$24.4K +$13.3K +111 +146%
CTC
208
Central Trust Company
Missouri
$23.8K
TSW
209
Thompson Siegel & Walmsley
Virginia
$22K
LIA
210
Luken Investment Analytics
Tennessee
$20.9K
MMG
211
Monetary Management Group
Missouri
$19.6K
HPC
212
HM Payson & Co
Maine
$18.3K
CA
213
Centerpoint Advisors
Massachusetts
$18K
BWA
214
BDO Wealth Advisors
Florida
$15.7K
CFD
215
Creative Financial Designs
Indiana
$14.5K
TFA
216
Transamerica Financial Advisors
Florida
$14K -$240 -2 -2%
NC
217
NewSquare Capital
Pennsylvania
$13.4K +$4.79K +40 +63%
TCOV
218
Trust Company of Vermont
Vermont
$12.4K
LFA
219
Legend Financial Advisors
Pennsylvania
$12.3K
HGERS
220
Householder Group Estate & Retirement Specialist
Arizona
$12K +$10.8K +90 New
AA
221
Addison Advisors
Vermont
$11.9K -$7.79K -65 -42%
GWSG
222
GPS Wealth Strategies Group
Colorado
$10.7K +$9.83K +82 New
CPFP
223
Clear Perspectives Financial Planning
Ohio
$10.4K
Commonwealth Equity Services
224
Commonwealth Equity Services
Massachusetts
$10.1K -$1.77M -14,783 -16%
TFM
225
TFC Financial Management
Massachusetts
$9.67K

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.