First Trust NASDAQ-100 Technology Index Fund
QTEC
319 hedge funds and large institutions have $2.56B invested in First Trust NASDAQ-100 Technology Index Fund in 2023 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 105 increasing their positions, 90 reducing their positions, and 12 closing their positions.
458% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 12
67% more funds holding in top 10
Funds holding in top 10: 9 → 15 (+6)
30% more capital invested
Capital invested by funds: $1.96B → $2.56B (+$596M)
19% more funds holding
Funds holding: 268 → 319 (+51)
17% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 90
3.47% more ownership
Funds ownership: 70.06% → 73.53% (+3.5%)
75% less call options, than puts
Call options by funds: $379K | Put options by funds: $1.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$132M |
| 2 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$25.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$18.1M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$17.4M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$82.2M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$38.7M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$7.26M |
| 4 |
KHLMVGHM
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet
Tel Aviv,
Israel
|
-$5.69M |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$5.5M |
QTEC Hedge Fund Activity: Q4 2023 in Review
319 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q4 2023, worth a combined $2.56B — up 30% from $1.96B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new QTEC positions and 12 closed out — a net gain of 55 holders — while 105 added to existing stakes and 90 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $132M. The largest seller was First Trust Advisors, cutting an estimated $82.2M.
- 319 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q4 2023, up from 268 in Q3 2023.
- Funds reported $2.56B of First Trust NASDAQ-100 Technology Index Fund stock for Q4 2023, up 30% quarter-over-quarter.
- 67 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q4 2023 and 12 closed out, a net change of +55 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q4 2023 was Morgan Stanley, an estimated $132M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q4 2023 was First Trust Advisors, an estimated $82.2M sold.
Based on aggregated 13F filings for Q4 2023.