First Trust NASDAQ-100 Technology Index Fund
QTEC
227 hedge funds and large institutions have $1.89B invested in First Trust NASDAQ-100 Technology Index Fund in 2019 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 75 increasing their positions, 62 reducing their positions, and 17 closing their positions.
206% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 17
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
21% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 62
17% more capital invested
Capital invested by funds: $1.61B → $1.89B (+$273M)
16% more funds holding
Funds holding: 195 → 227 (+32)
0.17% more ownership
Funds ownership: 64.45% → 64.63% (+0.17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Churchill Management
Los Angeles,
California
|
+$34.9M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$18.3M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$10.7M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$7.53M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$21.2M |
| 2 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$17.6M |
| 3 |
NA
Navellier & Associates
Reno,
Nevada
|
-$14.2M |
| 4 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$9.3M |
| 5 |
BFG
Barber Financial Group
Lenexa,
Kansas
|
-$6.16M |
QTEC Hedge Fund Activity: Q4 2019 in Review
227 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q4 2019, worth a combined $1.89B — up 17% from $1.61B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new QTEC positions and 17 closed out — a net gain of 35 holders — while 75 added to existing stakes and 62 trimmed.
The largest buyer was Churchill Management, opening a new position worth an estimated $34.9M. The largest seller was Morgan Stanley, cutting an estimated $21.2M.
- 227 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q4 2019, up from 195 in Q3 2019.
- Funds reported $1.89B of First Trust NASDAQ-100 Technology Index Fund stock for Q4 2019, up 17% quarter-over-quarter.
- 52 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q4 2019 and 17 closed out, a net change of +35 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q4 2019 was Churchill Management, an estimated $34.9M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q4 2019 was Morgan Stanley, an estimated $21.2M sold.
Based on aggregated 13F filings for Q4 2019.