First Trust NASDAQ-100 Technology Index Fund
QTEC
214 hedge funds and large institutions have $1.6B invested in First Trust NASDAQ-100 Technology Index Fund in 2020 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 71 increasing their positions, 66 reducing their positions, and 23 closing their positions.
70% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 23
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
34% more call options, than puts
Call options by funds: $306K | Put options by funds: $229K
33% more capital invested
Capital invested by funds: $1.2B → $1.6B (+$396M)
8% more funds holding
Funds holding: 198 → 214 (+16)
2.13% more ownership
Funds ownership: 58.46% → 60.59% (+2.1%)
8% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$25.1M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$10.9M |
| 3 |
LPL Financial
San Diego,
California
|
+$8.22M |
| 4 |
RW
RVW Wealth
Los Angeles,
California
|
+$7.66M |
| 5 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$7.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
-$22.9M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$7.38M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$7.32M |
| 4 |
Morgan Stanley
New York
|
-$4.61M |
| 5 |
Jane Street
New York
|
-$3.43M |
QTEC Hedge Fund Activity: Q2 2020 in Review
214 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q2 2020, worth a combined $1.6B — up 33% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new QTEC positions and 23 closed out — a net gain of 16 holders — while 71 added to existing stakes and 66 trimmed.
The largest buyer was Meitav Investment House, adding an estimated $25.1M. The largest seller was Total Investment Management, exiting entirely with an estimated $22.9M sold.
- 214 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q2 2020, up from 198 in Q1 2020.
- Funds reported $1.6B of First Trust NASDAQ-100 Technology Index Fund stock for Q2 2020, up 33% quarter-over-quarter.
- 39 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q2 2020 and 23 closed out, a net change of +16 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q2 2020 was Meitav Investment House, an estimated $25.1M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q2 2020 was Total Investment Management, an estimated $22.9M sold.
Based on aggregated 13F filings for Q2 2020.