First Trust NASDAQ-100 Technology Index Fund
QTEC
191 hedge funds and large institutions have $1.6B invested in First Trust NASDAQ-100 Technology Index Fund in 2019 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 67 increasing their positions, 62 reducing their positions, and 20 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
25% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 20
8% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 62
1% more funds holding
Funds holding: 190 → 191 (+1)
0% more capital invested
Capital invested by funds: $1.6B → $1.6B (+$7.86M)
0.99% less ownership
Funds ownership: 66.61% → 65.62% (-0.99%)
25% less call options, than puts
Call options by funds: $258K | Put options by funds: $342K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$20.3M |
| 2 |
BFG
Barber Financial Group
Lenexa,
Kansas
|
+$12.9M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$12.3M |
| 4 |
Goldman Sachs
New York
|
+$7.75M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$5.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$47.8M |
| 2 |
CM
Churchill Management
Los Angeles,
California
|
-$27.8M |
| 3 |
NA
Navellier & Associates
Reno,
Nevada
|
-$7.52M |
| 4 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$7.14M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.43M |
QTEC Hedge Fund Activity: Q2 2019 in Review
191 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q2 2019, worth a combined $1.6B — up 0.49% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new QTEC positions and 20 closed out — a net gain of 5 holders — while 67 added to existing stakes and 62 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $20.3M. The largest seller was First Trust Advisors, cutting an estimated $47.8M.
- 191 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q2 2019, up from 190 in Q1 2019.
- Funds reported $1.6B of First Trust NASDAQ-100 Technology Index Fund stock for Q2 2019, up 0.49% quarter-over-quarter.
- 25 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q2 2019 and 20 closed out, a net change of +5 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q2 2019 was Commonwealth Equity Services, an estimated $20.3M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q2 2019 was First Trust Advisors, an estimated $47.8M sold.
Based on aggregated 13F filings for Q2 2019.