First Trust Dow Jones Internet Index Fund ETF
424 hedge funds and large institutions have $1.79B invested in First Trust Dow Jones Internet Index Fund ETF in 2022 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 92 increasing their positions, 204 reducing their positions, and 93 closing their positions.
74% more call options, than puts
Call options by funds: $29.7M | Put options by funds: $17.1M
5.18% less ownership
Funds ownership: 48.54% → 43.36% (-5.2%)
11% less funds holding
Funds holding: 479 → 424 (-55)
48% less capital invested
Capital invested by funds: $3.41B → $1.79B (-$1.63B)
54% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 93
55% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 204
57% less funds holding in top 10
Funds holding in top 10: 14 → 6 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$131M |
| 2 |
AssetMark Inc
Concord,
California
|
+$79.9M |
| 3 |
Two Sigma Investments
New York
|
+$11.6M |
| 4 |
JP Morgan Chase
New York
|
+$11.1M |
| 5 |
Two Sigma Advisers
New York
|
+$7.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$682M |
| 2 |
Morgan Stanley
New York
|
-$29.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$22.6M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15.9M |
| 5 |
TA
TruWealth Advisors
Metairie,
Louisiana
|
-$13.6M |
FDN Hedge Fund Activity: Q2 2022 in Review
424 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow Jones Internet Index Fund ETF (FDN) for Q2 2022, worth a combined $1.79B — down 48% from $3.41B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of FDN and 43 opened new positions — a net loss of 50 holders — while 204 trimmed existing stakes and 92 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $131M. The largest seller was Bank of America, cutting an estimated $682M.
- 424 institutional investors held First Trust Dow Jones Internet Index Fund ETF (FDN) as of Q2 2022, down from 479 in Q1 2022.
- Funds reported $1.79B of First Trust Dow Jones Internet Index Fund ETF stock for Q2 2022, down 48% quarter-over-quarter.
- 43 funds opened new First Trust Dow Jones Internet Index Fund ETF positions in Q2 2022 and 93 closed out, a net change of -50 holders.
- The largest First Trust Dow Jones Internet Index Fund ETF buyer in Q2 2022 was Millennium Management, an estimated $131M added.
- The largest First Trust Dow Jones Internet Index Fund ETF seller in Q2 2022 was Bank of America, an estimated $682M sold.
Based on aggregated 13F filings for Q2 2022.