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First Trust Dow Jones Internet Index Fund ETF
FDN

500 hedge funds and large institutions have $3.22B invested in First Trust Dow Jones Internet Index Fund ETF in 2024 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 130 increasing their positions, 194 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

260% more call options, than puts

Call options by funds: $19.7M | Put options by funds: $5.47M

9% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 44

2% less funds holding

Funds holding: 510 → 500 (-10)

5.42% less ownership

Funds ownership: 59.22% → 53.8% (-5.4%)

11% less capital invested

Capital invested by funds: $3.62B → $3.22B (-$407M)

31% less funds holding in top 10

Funds holding in top 10: 13 → 9 (-4)

33% less repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 194

Holders
500
Holders Change
-10
Holders Change %
-1.96%
% of All Funds
7.22%
Holding in Top 10
9
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-30.77%
% of All Funds
0.13%
New
40
Increased
130
Reduced
194
Closed
44
Calls
$19.7M
Puts
$5.47M
Net Calls
+$14.2M
Net Calls Change
-$732K

Top Buyers

Rank Fund Capital Flow
1
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
+$30.2M
2
CFG
Citizens Financial Group
Rhode Island
+$22.1M
3
HighTower Advisors
HighTower Advisors
Illinois
+$17.6M
4
D.E. Shaw & Co
D.E. Shaw & Co
New York
+$9.88M
5
SFC
Strategic Financial Concepts
Texas
+$7.9M

Top Sellers

Rank Fund Capital Flow
1
Fisher Asset Management
Fisher Asset Management
Washington
-$162M
2
Two Sigma Investments
Two Sigma Investments
New York
-$34.7M
3
Morgan Stanley
Morgan Stanley
New York
-$33.1M
4
JP Morgan Chase
JP Morgan Chase
New York
-$23.4M
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$20.4M
Name Holding Trade Value Shares
Change 		Change in
Stake
CWP
476
Concord Wealth Partners
Virginia
$8.2K – – –
GWSG
477
GPS Wealth Strategies Group
Colorado
$8.2K – – –
CFB
478
Cullen/Frost Bankers
Texas
$8.2K +$8.03K +40 New
BC
479
Barrett & Company
Rhode Island
$7.99K – – –
IFAM
480
Institutional & Family Asset Management
Colorado
$7.38K – – –
OSAM
481
O'Shaughnessy Asset Management
Connecticut
$6.76K – – –
TWP
482
Triad Wealth Partners
Kansas
$6.56K +$6.42K +32 New
ME
483
McIlrath & Eck
Washington
$5.33K – – –
AEPWM
484
Atlantic Edge Private Wealth Management
Florida
$5.12K – – –
SAG
485
Spotlight Asset Group
Illinois
$5.12K +$5.02K +25 New
AA
486
Addison Advisors
Vermont
$4.3K – – –
FFA
487
Farther Finance Advisors
California
$4.11K – – –
SL
488
Salomon & Ludwin
Virginia
$4.1K -$78.5K -391 -95%
CMP
489
Coston McIsaac & Partners
Maine
$4K -$201 -1 -4%
BLC
490
Brown, Lisle/Cummings
Rhode Island
$3.07K – – –
EWA
491
EverSource Wealth Advisors
Alabama
$2.98K – – –
AAP
492
Arax Advisory Partners
Colorado
$2.05K – – –
DWA
493
Delos Wealth Advisors
Texas
$2.05K – – –
AA
494
Ancora Advisors
Ohio
$2.05K – – –
GI
495
Gradient Investments
Minnesota
$1.84K +$1.81K +9 New
SIS
496
Sound Income Strategies
Florida
$1.44K -$602 -3 -30%
TFM
497
TFC Financial Management
Massachusetts
$1.02K – – –
PP
498
PFS Partners
New Jersey
$820 +$803 +4 New
FHC
499
First Heartland Consultants
Missouri
$728 -$841K -4,188 -54%
PA
500
PSI Advisors
Florida
$410 – – –
18 19
20
21 22

FDN Hedge Fund Activity: Q2 2024 in Review

500 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q2 2024, worth a combined $3.22B — down 11% from $3.62B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of FDN and 40 opened new positions — a net loss of 4 holders — while 194 trimmed existing stakes and 130 added.

The largest buyer was BNP Paribas Financial Markets, adding an estimated $30.2M. The largest seller was Fisher Asset Management, cutting an estimated $162M.

  • 500 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q2 2024, down from 510 in Q1 2024.
  • Funds reported $3.22B of First Trust Dow Jones Internet Index Fund ETF stock for Q2 2024, down 11% quarter-over-quarter.
  • 40 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q2 2024 and 44 closed out, a net change of -4 holders.
  • The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q2 2024 was BNP Paribas Financial Markets, an estimated $30.2M added.
  • The largest First Trust Dow Jones Internet Index Fund ETF seller in Q2 2024 was Fisher Asset Management, an estimated $162M sold.

Based on aggregated 13F filings for Q2 2024.