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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
OP
201
ORG Partners
Indiana
$152K +$137K +1,032 New
AP
202
Atwood & Palmer
Missouri
$143K -$41.8K -315 -24%
S
203
SignatureFD
Georgia
$140K
1832 Asset Management
204
1832 Asset Management
Ontario, Canada
$139K
SS
205
Sunbelt Securities
Texas
$124K
WT
206
Whittier Trust
California
$100K
SWM
207
Spire Wealth Management
Virginia
$99.5K +$64.9K +489 +261%
NFSG
208
Newbridge Financial Services Group
Florida
$93.4K
FWM
209
Focused Wealth Management
New York
$88.8K -$1.33K -10 -2%
EWM
210
Endurance Wealth Management
Rhode Island
$88K
BWP
211
Baldwin Wealth Partners
Massachusetts
$73.6K
NIC
212
Northwest Investment Counselors
Oregon
$70.3K
AWM
213
Avondale Wealth Management
Texas
$70K
AA
214
AlphaMark Advisors
Kentucky
$63K -$1.33K -10 -2%
Citigroup
215
Citigroup
New York
$52.2K +$47.1K +355 New
SIC
216
Salem Investment Counselors
North Carolina
$51.4K
YDMI
217
Y.D. More Investments
Israel
$47.8K
BWL
218
Bogart Wealth LLC
Virginia
$43.9K
Fifth Third Bancorp
219
Fifth Third Bancorp
Ohio
$36.8K -$43.4K -327 -57%
TWM
220
Tradition Wealth Management
Minnesota
$36K
LFG
221
Larson Financial Group
Missouri
$33.5K -$265 -2 -0.9%
IGWM
222
ICA Group Wealth Management
Colorado
$29.4K
CTC
223
Central Trust Company
Missouri
$26.8K
PTC
224
Private Trust Company
Ohio
$26.8K +$24.2K +182 New
TSW
225
Thompson Siegel & Walmsley
Virginia
$25K

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.