First Trust NASDAQ-100 Technology Index Fund
QTEC
23 hedge funds and large institutions have $53.8M invested in First Trust NASDAQ-100 Technology Index Fund in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 8 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
21% more capital invested
Capital invested by funds: $44.6M → $53.8M (+$9.2M)
21% less funds holding
Funds holding: 29 → 23 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.48M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$1.15M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.11M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.04M |
| 5 |
Morgan Stanley
New York
|
+$990K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DS
DRW Securities
Chicago,
Illinois
|
-$904K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$638K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$506K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$476K |
| 5 |
SNC
Stifel Nicolaus & Co
St Louis,
Missouri
|
-$269K |
QTEC Hedge Fund Activity: Q3 2013 in Review
23 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q3 2013, worth a combined $53.8M — up 21% from $44.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of QTEC and 2 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 10 added.
The largest buyer was JP Morgan Chase, adding an estimated $1.48M. The largest seller was DRW Securities, exiting entirely with an estimated $904K sold.
- 23 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q3 2013, down from 29 in Q2 2013.
- Funds reported $53.8M of First Trust NASDAQ-100 Technology Index Fund stock for Q3 2013, up 21% quarter-over-quarter.
- 2 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q3 2013 and 8 closed out, a net change of -6 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q3 2013 was JP Morgan Chase, an estimated $1.48M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q3 2013 was DRW Securities, an estimated $904K sold.
Based on aggregated 13F filings for Q3 2013.