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First Trust NASDAQ-100 Technology Index Fund

190 hedge funds and large institutions have $1.6B invested in First Trust NASDAQ-100 Technology Index Fund in 2019 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 56 increasing their positions, 76 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 15

60% more funds holding in top 10

Funds holding in top 10: 58 (+3)

20% more capital invested

Capital invested by funds: $1.33B → $1.6B (+$268M)

10% more funds holding

Funds holding: 172190 (+18)

1.53% less ownership

Funds ownership: 68.13%66.61% (-1.5%)

26% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 76

Holders
190
Holders Change
+18
Holders Change %
+10.47%
% of All Funds
4.11%
Holding in Top 10
8
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+60%
% of All Funds
0.17%
New
33
Increased
56
Reduced
76
Closed
15
Calls
$341K
Puts
Net Calls
+$341K
Net Calls Change
-$1.3M
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
1
First Trust Advisors
Illinois
$577M -$65.6M -850,213 -11%
Morgan Stanley
2
Morgan Stanley
New York
$156M -$13.8M -179,284 -9%
Wells Fargo
3
Wells Fargo
California
$151M +$1.71M +22,202 +1%
UBS Group
4
UBS Group
Switzerland
$49.5M -$2.44M -31,630 -5%
Bank of America
5
Bank of America
North Carolina
$49.3M -$1.78M -23,095 -4%
RJA
6
Raymond James & Associates
Florida
$45.2M +$1.64M +21,306 +4%
LPL Financial
7
LPL Financial
California
$34.9M -$10.3M -133,733 -24%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$33.9M -$294K -3,808 -0.9%
PVH
9
Psagot Value Holdings
Israel
$32.1M -$56K -726 -0.2%
CM
10
Churchill Management
California
$27.8M +$26M +337,211 New
FEM
11
Fulcrum Equity Management
Texas
$24.9M +$23.3M +301,741 New
MML Investors Services
12
MML Investors Services
Massachusetts
$22.4M +$1.02M +13,273 +5%
NC
13
NewSquare Capital
Pennsylvania
$22.1M -$367K -4,761 -2%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$21.1M +$940K +12,184 +5%
NA
15
Navellier & Associates
Nevada
$19.4M +$18.1M +234,936 New
Carson Wealth (CWM LLC)
16
Carson Wealth (CWM LLC)
Nebraska
$17.6M -$14.6M -188,659 -63%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$15.2M -$894K -11,583 -6%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$14.9M +$383K +4,958 +3%
RW
19
RVW Wealth
California
$14.5M +$13.6M +176,596 New
Ameriprise
20
Ameriprise
Minnesota
$13.5M -$2.64M -34,208 -17%
SB
21
Suntrust Banks
Georgia
$12.8M +$15.8K +205 +0.1%
HFS
22
HL Financial Services
Kentucky
$12.1M -$1.17M -15,194 -9%
AG
23
Advisor Group
Arizona
$11.7M +$556K +7,209 +5%
ODG
24
O'Dell Group
Ohio
$10.3M -$58.3K -755 -0.6%
BFEC
25
Benjamin F. Edwards & Company
Missouri
$9.93M -$800K -10,371 -8%

QTEC Hedge Fund Activity: Q1 2019 in Review

190 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q1 2019, worth a combined $1.6B — up 20% from $1.33B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new QTEC positions and 15 closed out — a net gain of 18 holders — while 56 added to existing stakes and 76 trimmed.

The largest buyer was Churchill Management, opening a new position worth an estimated $26M. The largest seller was First Trust Advisors, cutting an estimated $65.6M.

  • 190 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q1 2019, up from 172 in Q4 2018.
  • Funds reported $1.6B of First Trust NASDAQ-100 Technology Index Fund stock for Q1 2019, up 20% quarter-over-quarter.
  • 33 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q1 2019 and 15 closed out, a net change of +18 holders.
  • The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q1 2019 was Churchill Management, an estimated $26M added.
  • The largest First Trust NASDAQ-100 Technology Index Fund seller in Q1 2019 was First Trust Advisors, an estimated $65.6M sold.

Based on aggregated 13F filings for Q1 2019.