First Trust Dow Jones Internet Index Fund ETF
FDN
507 hedge funds and large institutions have $3.2B invested in First Trust Dow Jones Internet Index Fund ETF in 2024 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 121 increasing their positions, 197 reducing their positions, and 32 closing their positions.
34% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 32
15% more call options, than puts
Call options by funds: $19.3M | Put options by funds: $16.9M
3.27% more ownership
Funds ownership: 53.8% → 57.07% (+3.3%)
1% more funds holding
Funds holding: 500 → 507 (+7)
1% less capital invested
Capital invested by funds: $3.22B → $3.2B (-$17.8M)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
39% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 197
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$178M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$62.4M |
| 3 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$18.5M |
| 4 |
HF
HRT Financial
New York
|
+$11.9M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$7.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$30M |
| 2 |
Morgan Stanley
New York
|
-$17.9M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
-$17.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17.1M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$16.9M |
FDN Hedge Fund Activity: Q3 2024 in Review
507 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q3 2024, worth a combined $3.2B — down 0.55% from $3.22B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new FDN positions and 32 closed out — a net gain of 11 holders — while 121 added to existing stakes and 197 trimmed.
The largest buyer was International Assets Investment Management, adding an estimated $178M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $30M.
- 507 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q3 2024, up from 500 in Q2 2024.
- Funds reported $3.2B of First Trust Dow Jones Internet Index Fund ETF stock for Q3 2024, down 0.55% quarter-over-quarter.
- 43 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q3 2024 and 32 closed out, a net change of +11 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q3 2024 was International Assets Investment Management, an estimated $178M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q3 2024 was BNP Paribas Financial Markets, an estimated $30M sold.
Based on aggregated 13F filings for Q3 2024.