First Trust Dow Jones Internet Index Fund ETF
359 hedge funds and large institutions have $4.19B invested in First Trust Dow Jones Internet Index Fund ETF in 2020 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 103 increasing their positions, 148 reducing their positions, and 56 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 15 → 21 (+6)
4.81% more ownership
Funds ownership: 61.93% → 66.74% (+4.8%)
3% less funds holding
Funds holding: 370 → 359 (-11)
13% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 56
13% less capital invested
Capital invested by funds: $4.82B → $4.19B (-$632M)
30% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 148
54% less call options, than puts
Call options by funds: $27.8M | Put options by funds: $60.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAP
Milestone Advisory Partners
Southern Pines,
North Carolina
|
+$242M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$121M |
| 3 |
Morgan Stanley
New York
|
+$20.7M |
| 4 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
+$15.1M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$161M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$63M |
| 3 |
BWL
Bogart Wealth LLC
Mclean,
Virginia
|
-$56.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$22.8M |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$19M |
FDN Hedge Fund Activity: Q1 2020 in Review
359 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q1 2020, worth a combined $4.19B — down 13% from $4.82B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of FDN and 49 opened new positions — a net loss of 7 holders — while 148 trimmed existing stakes and 103 added.
The largest buyer was Milestone Advisory Partners, adding an estimated $242M. The largest seller was First Trust Advisors, cutting an estimated $161M.
- 359 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q1 2020, down from 370 in Q4 2019.
- Funds reported $4.19B of First Trust Dow Jones Internet Index Fund ETF stock for Q1 2020, down 13% quarter-over-quarter.
- 49 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q1 2020 and 56 closed out, a net change of -7 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q1 2020 was Milestone Advisory Partners, an estimated $242M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q1 2020 was First Trust Advisors, an estimated $161M sold.
Based on aggregated 13F filings for Q1 2020.