First Trust Dow Jones Internet Index Fund ETF
FDN
370 hedge funds and large institutions have $4.82B invested in First Trust Dow Jones Internet Index Fund ETF in 2019 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 91 increasing their positions, 131 reducing their positions, and 39 closing their positions.
97% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 39
78% more call options, than puts
Call options by funds: $32.9M | Put options by funds: $18.5M
25% more funds holding in top 10
Funds holding in top 10: 12 → 15 (+3)
9% more funds holding
Funds holding: 339 → 370 (+31)
0.54% more ownership
Funds ownership: 61.39% → 61.93% (+0.54%)
2% less capital invested
Capital invested by funds: $4.9B → $4.82B (-$80.4M)
31% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$29.8M |
| 2 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
+$19.9M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$11.5M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$10.1M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
+$5.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$118M |
| 2 |
CM
Churchill Management
Los Angeles,
California
|
-$45.4M |
| 3 |
Goldman Sachs
New York
|
-$24.6M |
| 4 |
Morgan Stanley
New York
|
-$20.8M |
| 5 |
LPL Financial
San Diego,
California
|
-$20.7M |
FDN Hedge Fund Activity: Q4 2019 in Review
370 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q4 2019, worth a combined $4.82B — down 1.6% from $4.9B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new FDN positions and 39 closed out — a net gain of 38 holders — while 91 added to existing stakes and 131 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $29.8M. The largest seller was Wells Fargo, cutting an estimated $118M.
- 370 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q4 2019, up from 339 in Q3 2019.
- Funds reported $4.82B of First Trust Dow Jones Internet Index Fund ETF stock for Q4 2019, down 1.6% quarter-over-quarter.
- 77 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q4 2019 and 39 closed out, a net change of +38 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q4 2019 was Truist Financial, an estimated $29.8M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q4 2019 was Wells Fargo, an estimated $118M sold.
Based on aggregated 13F filings for Q4 2019.