We are live on ! Find out more
QTEC icon

First Trust NASDAQ-100 Technology Index Fund
QTEC

248 hedge funds and large institutions have $1.04B invested in First Trust NASDAQ-100 Technology Index Fund in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 66 increasing their positions, 87 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

162% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 13

26% more capital invested

Capital invested by funds: $825M → $1.04B (+$213M)

7% more funds holding

Funds holding: 231 → 248 (+17)

2.45% more ownership

Funds ownership: 51.27% → 53.73% (+2.5%)

20% less funds holding in top 10

Funds holding in top 10: 10 → 8 (-2)

24% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 87

Holders
248
Holders Change
+17
Holders Change %
+7.36%
% of All Funds
3.89%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.13%
New
34
Increased
66
Reduced
87
Closed
13
Calls
$505K
Puts
–
Net Calls
+$505K
Net Calls Change
-$61K

Top Buyers

1
MIH
Meitav Investment House
Israel
+$15.6M
2
Morgan Stanley
Morgan Stanley
New York
+$14.1M
3
MIM
Miller Investment Management
Pennsylvania
+$11.8M
4
WWA
WCG Wealth Advisors
Nevada
+$11.3M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$10.9M

Top Sellers

1
RW
RVW Wealth
California
-$6.23M
2
KHLMVGHM
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet
Israel
-$5.55M
3
BAM
Belpointe Asset Management
Nevada
-$2.83M
4
SI
Stephens Inc
Arkansas
-$2.71M
5
Truist Financial
Truist Financial
North Carolina
-$2.16M
Name Holding Trade Value Shares
Change 		Change in
Stake
MIH
1
Meitav Investment House
Israel
$89M +$15.6M +117,855 +24%
Morgan Stanley
2
Morgan Stanley
New York
$85.1M +$14.1M +106,260 +23%
LPL Financial
3
LPL Financial
California
$79M +$7.46M +56,190 +12%
Wells Fargo
4
Wells Fargo
California
$72.8M +$5.49M +41,363 +9%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$38.1M +$10.9M +81,794 +46%
UBS Group
6
UBS Group
Switzerland
$36.8M +$4.49M +33,841 +16%
Bank of America
7
Bank of America
North Carolina
$34.4M +$445K +3,352 +1%
KIG
8
Kowal Investment Group
Wisconsin
$32.3M -$328K -2,474 -1%
RJA
9
Raymond James & Associates
Florida
$30.3M -$884K -6,658 -3%
JP Morgan Chase
10
JP Morgan Chase
New York
$29.9M +$1.59M +12,013 +6%
KHLMVGHM
11
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet
Israel
$27M -$5.55M -41,798 -18%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$26.5M -$1.59M -12,010 -6%
RW
13
RVW Wealth
California
$19.1M -$6.23M -46,966 -27%
SPWG
14
Syntegra Private Wealth Group
Missouri
$18.4M -$1.39M -10,488 -8%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$15.5M +$485K +3,655 +4%
Truist Financial
16
Truist Financial
North Carolina
$14.8M -$2.16M -16,245 -14%
Osaic Holdings
17
Osaic Holdings
Arizona
$14.2M -$2.1M -15,793 -14%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$13.9M +$124K +933 +1%
Ameriprise
19
Ameriprise
Minnesota
$13.6M -$863K -6,503 -7%
MIM
20
Miller Investment Management
Pennsylvania
$13.1M +$11.8M +89,135 New
WWA
21
WCG Wealth Advisors
Nevada
$12.6M +$11.3M +85,367 New
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$10.8M +$1.7M +12,776 +21%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$10.4M -$958K -7,216 -9%
KHLMTHM
24
Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet
Israel
$9.74M -$1.95M -14,702 -18%
FIM
25
FWL Investment Management
Texas
$9.39M -$189K -1,426 -2%
1
2 3 4 5

QTEC Hedge Fund Activity: Q2 2023 in Review

248 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q2 2023, worth a combined $1.04B — up 26% from $825M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new QTEC positions and 13 closed out — a net gain of 21 holders — while 66 added to existing stakes and 87 trimmed.

The largest buyer was Meitav Investment House, adding an estimated $15.6M. The largest seller was RVW Wealth, cutting an estimated $6.23M.

  • 248 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q2 2023, up from 231 in Q1 2023.
  • Funds reported $1.04B of First Trust NASDAQ-100 Technology Index Fund stock for Q2 2023, up 26% quarter-over-quarter.
  • 34 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q2 2023 and 13 closed out, a net change of +21 holders.
  • The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q2 2023 was Meitav Investment House, an estimated $15.6M added.
  • The largest First Trust NASDAQ-100 Technology Index Fund seller in Q2 2023 was RVW Wealth, an estimated $6.23M sold.

Based on aggregated 13F filings for Q2 2023.