First Trust NASDAQ-100 Technology Index Fund
QTEC
47 hedge funds and large institutions have $146M invested in First Trust NASDAQ-100 Technology Index Fund in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
32% more capital invested
Capital invested by funds: $111M → $146M (+$35.5M)
9% more funds holding
Funds holding: 43 → 47 (+4)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.98M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.88M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$4.71M |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
+$4.47M |
| 5 |
LPL Financial
San Diego,
California
|
+$4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$7.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.07M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.81M |
| 4 |
JP Morgan Chase
New York
|
-$1.6M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.24M |
QTEC Hedge Fund Activity: Q3 2016 in Review
47 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q3 2016, worth a combined $146M — up 32% from $111M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new QTEC positions and 5 closed out — a net gain of 6 holders — while 15 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.98M. The largest seller was Goldman Sachs, cutting an estimated $7.3M.
- 47 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q3 2016, up from 43 in Q2 2016.
- Funds reported $146M of First Trust NASDAQ-100 Technology Index Fund stock for Q3 2016, up 32% quarter-over-quarter.
- 11 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q3 2016 and 5 closed out, a net change of +6 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q3 2016 was Morgan Stanley, an estimated $4.98M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q3 2016 was Goldman Sachs, an estimated $7.3M sold.
Based on aggregated 13F filings for Q3 2016.