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First Trust NASDAQ-100 Technology Index Fund

48 hedge funds and large institutions have $123M invested in First Trust NASDAQ-100 Technology Index Fund in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 18

9% less funds holding

Funds holding: 5348 (-5)

18% less capital invested

Capital invested by funds: $150M → $123M (-$27.4M)

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $6K

Holders
48
Holders Change
-5
Holders Change %
-9.43%
% of All Funds
1.34%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
7
Increased
17
Reduced
18
Closed
11
Calls
Puts
$6K
Net Calls
-$6K
Net Calls Change
-$6K
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$26.9M +$415K +10,106 +2%
Morgan Stanley
2
Morgan Stanley
New York
$23.8M -$107K -2,605 -0.4%
UBS Group
3
UBS Group
Switzerland
$19.1M -$2.48M -60,393 -11%
Bank of America
4
Bank of America
North Carolina
$12M +$564K +13,735 +5%
RJA
5
Raymond James & Associates
Florida
$5.6M -$1.41M -34,274 -19%
JP Morgan Chase
6
JP Morgan Chase
New York
$3.99M -$506K -12,313 -11%
BWM
7
Biltmore Wealth Management
Arizona
$3.76M -$3.69M -89,763 -48%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$2.64M +$2.08M +50,724 +309%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$2.38M -$1.63M -39,549 -40%
Goldman Sachs
10
Goldman Sachs
New York
$2.28M +$230K +5,597 +11%
Ameriprise
11
Ameriprise
Minnesota
$2.22M +$295K +7,191 +15%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$2.07M +$24.5K +597 +1%
LPL Financial
13
LPL Financial
California
$2.03M -$254K -6,177 -11%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$1.47M +$92.6K +2,253 +6%
MFS
15
MSI Financial Services
Massachusetts
$1.31M -$340K -8,278 -20%
Jane Street
16
Jane Street
New York
$1.3M +$1.36M +33,018 New
ICAS
17
Investors Capital Advisory Services
Massachusetts
$1.13M +$534 +13 +0%
OC
18
Oppenheimer & Co
New York
$901K -$81.8K -1,991 -8%
CS
19
Credit Suisse
Switzerland
$814K -$362K -8,819 -30%
Stifel Financial
20
Stifel Financial
Missouri
$789K -$47.8K -1,163 -5%
Citigroup
21
Citigroup
New York
$773K -$65.8K -1,601 -8%
AIG
22
American International Group
New York
$592K -$22.8K -556 -4%
SB
23
Suntrust Banks
Georgia
$547K +$87.6K +2,132 +18%
Citadel Advisors
24
Citadel Advisors
Florida
$527K -$472K -11,490 -46%
TYCC
25
Texas Yale Capital Corp
Florida
$475K

QTEC Hedge Fund Activity: Q3 2015 in Review

48 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q3 2015, worth a combined $123M — down 18% from $150M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of QTEC and 7 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 17 added.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $2.08M. The largest seller was Biltmore Wealth Management, cutting an estimated $3.69M.

  • 48 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q3 2015, down from 53 in Q2 2015.
  • Funds reported $123M of First Trust NASDAQ-100 Technology Index Fund stock for Q3 2015, down 18% quarter-over-quarter.
  • 7 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q3 2015 and 11 closed out, a net change of -4 holders.
  • The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $2.08M added.
  • The largest First Trust NASDAQ-100 Technology Index Fund seller in Q3 2015 was Biltmore Wealth Management, an estimated $3.69M sold.

Based on aggregated 13F filings for Q3 2015.