First Trust Dow Jones Internet Index Fund ETF
FDN
499 hedge funds and large institutions have $3.61B invested in First Trust Dow Jones Internet Index Fund ETF in 2023 Q4 according to their latest regulatory filings, with 92 funds opening new positions, 120 increasing their positions, 175 reducing their positions, and 35 closing their positions.
163% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 35
73% more call options, than puts
Call options by funds: $15.1M | Put options by funds: $8.69M
12% more capital invested
Capital invested by funds: $3.21B → $3.61B (+$398M)
12% more funds holding
Funds holding: 446 → 499 (+53)
5.39% more ownership
Funds ownership: 57.41% → 62.8% (+5.4%)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
31% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 175
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$261M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$115M |
| 3 |
Two Sigma Investments
New York
|
+$64.4M |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
+$45.5M |
| 5 |
Two Sigma Advisers
New York
|
+$29.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Churchill Management
Los Angeles,
California
|
-$346M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$79.7M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
-$68.1M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$12.6M |
| 5 |
HF
HRT Financial
New York
|
-$9.95M |
FDN Hedge Fund Activity: Q4 2023 in Review
499 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q4 2023, worth a combined $3.61B — up 12% from $3.21B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new FDN positions and 35 closed out — a net gain of 57 holders — while 120 added to existing stakes and 175 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $261M. The largest seller was Churchill Management, exiting entirely with an estimated $346M sold.
- 499 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q4 2023, up from 446 in Q3 2023.
- Funds reported $3.61B of First Trust Dow Jones Internet Index Fund ETF stock for Q4 2023, up 12% quarter-over-quarter.
- 92 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q4 2023 and 35 closed out, a net change of +57 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q4 2023 was Morgan Stanley, an estimated $261M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q4 2023 was Churchill Management, an estimated $346M sold.
Based on aggregated 13F filings for Q4 2023.