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First Trust Dow Jones Internet Index Fund ETF
FDN

86 hedge funds and large institutions have $910M invested in First Trust Dow Jones Internet Index Fund ETF in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 48 increasing their positions, 9 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

433% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 9

217% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 6

100% more funds holding in top 10

Funds holding in top 10: 2 → 4 (+2)

45% more capital invested

Capital invested by funds: $627M → $910M (+$283M)

18% more funds holding

Funds holding: 73 → 86 (+13)

4.31% less ownership

Funds ownership: 60% → 55.68% (-4.3%)

Holders
86
Holders Change
+13
Holders Change %
+17.81%
% of All Funds
2.79%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.13%
New
19
Increased
48
Reduced
9
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$38.5M
2
Wells Fargo
Wells Fargo
California
+$14.1M
3
CCMG
Clark Capital Management Group
Pennsylvania
+$13.4M
4
U
UBS
Switzerland
+$11.8M
5
Bank of America
Bank of America
North Carolina
+$11.1M

Top Sellers

1
RJFSA
Raymond James Financial Services Advisors
Florida
-$11.5M
2
CM
Churchill Management
California
-$4.14M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.47M
4
SG Americas Securities
SG Americas Securities
New York
-$686K
5
LPT
Legacy Private Trust
Wisconsin
-$406K
Name Holding Trade Value Shares
Change 		Change in
Stake
Janney Montgomery Scott
26
Janney Montgomery Scott
Pennsylvania
$3.38M +$3.16M +62,776 New
CS
27
Credit Suisse
Switzerland
$3.35M +$1.51M +30,003 +93%
OAMG
28
Odey Asset Management Group
United Kingdom
$3.22M – – –
NEIRG
29
New England Investment & Retirement Group
Massachusetts
$3.2M +$2.99M +59,479 New
SI
30
Stephens Inc
Arkansas
$3.12M +$141K +2,798 +5%
FLPIM
31
F.L. Putnam Investment Management
Massachusetts
$3.11M +$2.31M +45,898 +384%
CA
32
Cumberland Advisors
Florida
$3.08M +$2.88M +57,320 New
MCM
33
Murphy Capital Management
New Jersey
$3M +$830K +16,520 +42%
SAG
34
Sterne Agee Group
Alabama
$2.81M +$146K +2,913 +6%
PAMU
35
Pictet Asset Management (UK)
United Kingdom
$2.71M +$2.53M +50,300 New
PFS
36
Prospera Financial Services
Texas
$2.63M +$855K +17,020 +55%
BFEC
37
Benjamin F. Edwards & Company
Missouri
$2.35M +$21.1K +420 +1%
AIG
38
American International Group
New York
$2.35M +$1.3M +25,883 +145%
RJFSA
39
Raymond James Financial Services Advisors
Florida
$2M -$11.5M -228,190 -86%
NAM
40
NTV Asset Management
West Virginia
$1.97M +$1.84M +36,600 New
TFA
41
Toth Financial Advisory
Virginia
$1.85M +$216K +4,300 +14%
Commonwealth Equity Services
42
Commonwealth Equity Services
Massachusetts
$1.57M +$383K +7,611 +35%
SB
43
Suntrust Banks
Georgia
$1.42M +$128K +2,540 +11%
FAAS
44
First Allied Advisory Services
California
$1.13M +$160K +3,190 +18%
Citigroup
45
Citigroup
New York
$1.1M +$368K +7,318 +56%
OC
46
Oppenheimer & Co
New York
$1.06M +$202K +4,011 +25%
NES
47
New England Securities
New York
$981K +$533K +10,610 +139%
BRWA
48
B. Riley Wealth Advisors
Florida
$978K -$238K -4,727 -21%
Cambridge Investment Research Advisors
49
Cambridge Investment Research Advisors
Iowa
$908K +$849K +16,894 New
IH
50
IFC Holdings
Florida
$844K +$141K +2,808 +22%
1
2
3 4

FDN Hedge Fund Activity: Q3 2013 in Review

86 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q3 2013, worth a combined $910M — up 45% from $627M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new FDN positions and 6 closed out — a net gain of 13 holders — while 48 added to existing stakes and 9 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $38.5M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $11.5M.

  • 86 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q3 2013, up from 73 in Q2 2013.
  • Funds reported $910M of First Trust Dow Jones Internet Index Fund ETF stock for Q3 2013, up 45% quarter-over-quarter.
  • 19 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q3 2013 and 6 closed out, a net change of +13 holders.
  • The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q3 2013 was Morgan Stanley, an estimated $38.5M added.
  • The largest First Trust Dow Jones Internet Index Fund ETF seller in Q3 2013 was Raymond James Financial Services Advisors, an estimated $11.5M sold.

Based on aggregated 13F filings for Q3 2013.