First Trust NASDAQ-100 Technology Index Fund
QTEC
348 hedge funds and large institutions have $2.57B invested in First Trust NASDAQ-100 Technology Index Fund in 2024 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 112 increasing their positions, 117 reducing their positions, and 27 closing their positions.
96% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 27
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
5% more funds holding
Funds holding: 331 → 348 (+17)
2% less capital invested
Capital invested by funds: $2.62B → $2.57B (-$47.4M)
4% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 117
11.74% less ownership
Funds ownership: 79.2% → 67.46% (-12%)
94% less call options, than puts
Call options by funds: $508K | Put options by funds: $8.79M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Allworth Financial
Folsom,
California
|
+$25.3M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$19.3M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$17.6M |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$5.43M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$529M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$20.9M |
| 3 |
VF
Virtu Financial
New York
|
-$15.4M |
| 4 |
GS
GTS Securities
New York
|
-$13.2M |
| 5 |
Morgan Stanley
New York
|
-$9.37M |
QTEC Hedge Fund Activity: Q4 2024 in Review
348 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q4 2024, worth a combined $2.57B — down 1.8% from $2.62B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new QTEC positions and 27 closed out — a net gain of 26 holders — while 112 added to existing stakes and 117 trimmed.
The largest buyer was Allworth Financial, adding an estimated $25.3M. The largest seller was International Assets Investment Management, cutting an estimated $529M.
- 348 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q4 2024, up from 331 in Q3 2024.
- Funds reported $2.57B of First Trust NASDAQ-100 Technology Index Fund stock for Q4 2024, down 1.8% quarter-over-quarter.
- 53 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q4 2024 and 27 closed out, a net change of +26 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q4 2024 was Allworth Financial, an estimated $25.3M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q4 2024 was International Assets Investment Management, an estimated $529M sold.
Based on aggregated 13F filings for Q4 2024.